Sidsense, a Canadian developer of IP for the non-volatile memory market, has raised US$6 million in first-round funding. Vertex Venture Capital led the deal, and was joined by Tech Capital Partners, NTT Finance Corp. and Trellis Capital. PRESS RELEASE Sidense, a developer of memory semiconductor intellectual property (MSIP) cores for the Logic Non-Volatile Memory […]
Laszlo Systems, a San Mateo, Calif.-based developer of an open-source platform for building and deploying Ajax applications, has raised $6.6 million in additional Series C funding. The round total is now $14.6 million, including an $8 million first close in late 2006. All of the second tranche's participants were existing shareholders: WI Harper Group, General […]
BSG Alliance Corp., an Austin, Texas-based provider of on-demand enterprise software, has acquired Iconixx Corp., a Houston-based provider of on-demand solutions for global talent management in mid-sized and large enterprises. No financial terms were disclosed. BSG last year raised $20 million in VC funding from Foundation Capital, Hummer Winblad Venture Partners and Powershift Ventures. Iconixx […]
Allen Alley, a onetime general partner with Battery Ventures, announced that he's running for the GOP nomination for State Treasurer in Oregon. His most recent job was as deputy chief of staff for Oregon Governor Ted Kulongoski.
Rapid Mobile Media Ltd., a Scotland-based provider of mobile advertising and mobile application positioning software, has raised Gbp2 million in second-round funding. New Enterprise Associates led the deal, and was joined by Alliance Trust Equity Partners and return backers Pentech Ventures and Scottish Enterprises' Scottish Venture Fund. PRESS RELEASE Rapid Mobile Media Ltd, providers […]
ViewSonic Inc., a Walnut, Calif.-based maker of computer monitors and projectors, has withdrawn registration for a $143.8 million IPO. It cited poor market conditions in its withdrawal, and added that the capital raised via IPO would have been “discretionary. ViewSonic originally filed last July, and was using JPMorgan and Bvank of America Securities as its […]
Tippit Inc., a San Francisco-based provider of online B2B marketing solutions, has raised $12.17 million in Series C funding, according to a regulatory filing. Granite Global Ventures led the round, and was joined by return backers Lightspeed Venture Partners and Trinity Ventures. Tippit had previously raised around $11 million. www.tippit.com
American Education Group, a private education acquisition platform, has acquired Little Sprouts, a provider of pre-K educational services in the Boston area. No financial terms were disclosed AEG was formed last year via a $40 million funding commitment from private equity firms Chicago Growth Partners and Winona Capital Management. Its initial acquisition was a private […]
Demand Media, a Santa Monica, Calif.-based domain name aggregator and registrar, has acquired Pluck Corp., an Austin, Texas-based provider of social media tools and technologies. No financial terms were disclosed, although TechCrunch pegs the sale price at $75 million in cash. Demand has raised $320 million in total VC funding since March 2006, from firms […]
Sleep Solutions Inc., a Pasadena, Md.-based developer of medical technologies for the sleep disorder market, has raised $20.5 million. TPG Biotech led the round, and was joined by return backers MedVenture Associates, Dr. Thomas Fogarty/Emergent Ventures and Lava Ventures. The company had previously raised over $26 million in funding since 1998. PRESS RELEASE Sleep […]