WideSail Technologies, a Montreal-based developer of semiconductor products and IP for very high performance error correction., has raised an undisclosed amount of VC funding from MSBi Valorisation. PRESS RELEASE MSBi Valorisation Inc., an entity dedicated to commercializing innovations and building companies based on technological advancements and inventions originating from McGill University, Universit
BuySAFE Inc., an Arlington, Va.-based provider of security solutions for online shoppers, has secured $2.7 million of a $5.12 million Series D round, according to a regulatory filing. Return backers include Core Capital and Grotech Capital. www.buysafe.com
Revolvymer Ltd., a UK-based polymer technology company, has raised Gbp10 million in third-round funding. New investors include Lehman Brothers International (Europe), Naxos Capital Managers Sarl and Sloane Robinson Private Equity. Return backers include IP Group and Swarraton Partners. www.revolymer.com
BrightSource Energy Inc., an Oakland-based developer of utility-scale solar energy projects, has raised $115 million in Series C funding. New investors include Google.org, BP Alternative Energy, StatoilHydro Venture and Black River. Return backers include VantagePoint Venture Partners, Morgan Stanley, DBL Investors, Draper Fisher Jurvetson, and Chevron Technology Ventures. The company has now raised over […]
CB Richard Ellis has raised $2.1 billion for its fifth real estate private equity fund. The vehicle is expected to have $6.4 billion in purchasing power, including leverage. PRESS RELEASE CB Richard Ellis Investors announced the closing of CB Richard Ellis Strategic Partners U.S. 5, which consists of two limited partnerships, having raised […]
Sai Advantium Pharma, a Hyderabad, India-based pharmaceutical services company, has raised $20 million from MPM Capital. The deal represents MPM's first investment in India. PRESS RELEASE MPM Capital, the largest venture capital investor dedicated solely to healthcare, announced today that it has made a $20 million investment in Sai Advantium Pharma, a leading […]
Jeffrey Stiefler has joined Emergence Capital Partners as a venture partner. He previously was chairman and CEO of Digital Insight, which last year was sold to Intuit for $1.4 billion. Past roles include president of American Express and CEO of IDS Financial Services. PRESS RELEASE Emergence Capital Partners, the leading venture capital firm focused on […]
Passenger, a Los Angeles-based provider of on-demand customer collaboration solutions, has raised $8 million in Series C funding. StarVest Partners led the round, and was joined bv fellow return backers Steamboat Ventures and Shelter Capital Partner. The company has now raised $20.5 million in total VC funding. PRESS RELEASE Passenger, the leader in on-demand customer […]
Ubidyne, a provider of digital radio technology for the wireless industry, has raised $34 million in Series B funding. Doughty Hanson Technology Ventures led the round, and was joined by BayTech Venture Capital and return backers Accel Partners and TVM Capital. Ubidyne has offices in Germany and Tempe, Arizona. PRESS RELEASE Ubidyne, the leader […]
Prism VentureWorks has promoted Brendan O'Leary to general partner. He joined the firm in 2003, and co-leads the firm's life sciences practice. His board seats include Locus Pharmaceuticals, Proteon Therapeutics, ROX Medical, Serica Technologies and Trius Therapeutics. PRESS RELEASE Prism VentureWorks, an early-stage venture capital firm focused on Digital Media, Software & Services and […]