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Mark Lotke has left FTVentures, where he was a partner. The move comes as the San Francisco-based firm is finishing up fundraising for its $600 million-targeted third fund, which already has secured over $465 million in capital commitments. Lotke was listed on regulatory filings for the fund.   No word yet on Lotke's future plans. […]
Luminus Devices Inc., a Billerica, Mass.-based maker of LED products for both display and illumination applications, has raised over $72 million in Series E funding. Braemar Energy Ventures led the round, and was joined by CMEA Ventures, Paladin Capital Group and return backers Battery Ventures, Argonaut Private Equity, Draper Fisher Jurvetson, DFJ New England, Eastward […]
RecycleBank, a Philadelphia-based company that partners with cities and businesses to reward households that recycle, has raised $30 million in Series B funding, according to VentureWire. Kleiner Perkins Caufield & Byers led the round, and was joined by return backers RRE Ventures and Sigma Partners.   The company previously raised a $13.1 million Series A […]
Korea Bone Bank, a Seoul-based processor of allograft bones and connective tissues for transplant, has raised an undisclosed amount of Series B funding from ePlanet Ventures.   PRESS RELEASE   ePlanet Ventures, the world's leading global venture capital firm headquartered in Silicon Valley, California, has announced a Series B investment in Korea Bone Bank. Korea […]
WebVisible Inc., an Irvine, Calif.-based provider of online advertising search solutions for small businesses, has raised $12 million in Series B funding. Sutter Hill Ventures led the round with $8 million, while return backers Redpoint Ventures contributed $4 million. The company had raised a $5 million Series A round back in 2005. www.webvisible.com
iSirona, a Panama City, Fla.-based provider of data automation solutions for healthcare providers, has raised $1 million in first-round funding. No investors were identified. Get more info.   PRESS RELEASE iSirona
Liquiavista BV, a Dutch fabless display manufacturing company, has raised EUR 8 million in Series B funding. The round includes both equity and debt. Return backers include Amadeus Capital, GIMV and New Venture Partners.   PRESS RELEASE  Liquavista BV, the fabless display manufacturing company based in Eindhoven, the Netherlands, with offices in the UK and […]
Gamook Inc., a Menlo Park, Calif.-based casual gaming company with an advertising component, has raised $1.5 million in “Series 1” funding from U.S. Venture Partners, according to a regulatory filing.
Car Advisory Network, a Seattle-based developer of an online portal for automobile information, has raised around $6.5 million in Series A funding, according to a regulatory filing. Backers include Accel Partners and Greylock Partners. www.caradvisorynetwork.com
Cenzic Inc., a Santa Clara, Calif.-based provider of enterprise software for analyzing IT errors, has called down $10 million of a $15 million Series D round, according to a regulatory filing. Return backers include Advanced Technology Ventures, Hummer Winblad Venture Partners, JK&B Capital and Mohr Davidow Ventures.   Cenzic had previously raised over $32 million […]
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