Pentaho Corp., an Orlando, Fla.-based provider of commercial open-source solutions for business intelligence, has raised $12 million in Series C funding. Benchmark Capital led the round, and was joined by return backers Index Ventures and New Enterprise Associates. The company had previously raised $13 million. PRESS RELEASE Pentaho Corp., the commercial open source […]
Richard Ulevitch has joined 5AM Ventures as a venture partner. He previously was with The Scripps Research Institute, where he served as Chair of the Department of Immunology. He also had been chairman of 5AM's scientific advisory board since 2002. In other 5AM news, the firm has promoted senior associates Kevin Forrest and R. […]
Danger Inc., a Palo Alto, Calif.-based provider of software and services for mobile handsets, has withdrawn its registration for a $100 million IPO. The move is related to Microsoft's recent agreement to acquire Danger for approximately $500 million. Danger has raised around $142 million in total VC funding since 2000, including a Series E round in […]
TherOx Inc., an Irvine, Calif.-based developer of devices for cardiac ischemia patients, has raised $30 million in Series J funding, according to a regulatory filing. The company's last round had been in 2005, and it's now raised over $120 million in total VC funding since 1995. Backers include Kleiner Perkins, Integral Capital Partners and New […]
HCL Technologies has acquired Capital Stream Inc., a Seattle
Jackpot Rewards, a Newton, Mass.-based online shopping rewards company, has raised $16.7 million in Series A funding. Backers include Jack Connors, founder of Hill Holiday; Peter Lynch of Fidelity Investments, Cluck Clough, former chief investment strategist for Merrill Lynch; and Tom McDonnel, CEO of DST Systems. PRESS RELEASE Jackpot Rewards, the new online rewards […]
TrialPay, a San Jose, Calif.-based developer of a payment platform that allows a company's customers to access premium content and services by participating in relevant offers, has raised $12.7 million in Series B funding. Index Ventures led the round, and was joined by Atomico Ventures, “former PayPal executives,” and return backers Battery Ventures, Ron Conway […]
N-trig, a Tel Aviv-based maker of natural input digitizer solutions for mobile computers, has raised $28 million in new VC funding. Backers include Canaan Partners and Evergreen Venture Partners. It also raised $5 million in venture debt from Plenus. PRESS RELEASE N-trig, the provider of DuoSense� technology combining pen and zero-pressure touch for mobile […]
Matthew Reber has joined Cowen Healthcare Royalty Partners as a vice president. He previously worked at Accretive LLC and, before that, at Paul Capital. www.cowenroyalty.com
The Anchor Hocking Co., a portfolio company of Monomoy Capital Partners, has sold its E.O. Brody division to Syndicate Sales Inc. No financial terms were disclosed. E.O. Brody is a provider of floral glassware to floral wholesalers and retailers. It was acquired by Anchor Hocking via last November's purchase of Indiana Glass Co. from the […]