PlanarMag Inc., a developer of electromagnetic components for the computer, data networking and telecom markets, has raised first-round funding from American River Ventures. No financial terms were disclosed, although VentureWire places the round amount at $1.5 million. PRESS RELEASE American River Ventures (ARV), an early-stage venture capital firm that focuses on new technologies […]
Ravenflow, an Emeryville, Calif.-based provider of application delivery acceleration solutions, has raised $5 million in new VC funding. Backers include Alloy Ventures, Palomar Ventures and the Roda Group. In other company news, Ravenflow has named Susan Boers as its new CEO. She previously eas president of Telelogic North America. PRESS RELEASE Ravenflow, the leader […]
Peanut Labs, a San Francisco-based provider of Generation Y market research for social networks and other online content providers, has raised $3.2 million in Series A funding. Backers include Leapfrog Ventures and BV Capital. PRESS RELEASE Peanut Labs, provider of the largest Gen-Y sample for market research, today announced that it received $3.2 million […]
Coverity Inc., a San Francisco-based provider of software quality and security improvement solutions, has raised $22 million in its first round of institutional funding. Foundation Capital and Benchmark Capital co-led the deal, with Paul Holland (Foundation), Mike Schuh (Foundation) and Bruce Dunlevie (Benchmark) taking board seats. PRESS RELEASE Coverity, Inc., the leader in improving […]
John Boneparth has joined Hall Capital Partners as president. He previously founded Corinthian Cove Consulting. Hall Capital Partners is an investment advisory firm with $22 billion in assets under management. PRESS RELEASE Hall Capital Partners LLC today announced that John F. Boneparth will join the firm as President. Mr. Boneparth will join Chief Executive […]
Pliant Technology, a Milpitas, Calif.-based developer of solid-state drive storage devices for enterprise computing, has raised $8 million in Series A funding. Lightspeed Venture Partners led the round. PRESS RELEASE Pliant Technology today announced that it has received $8 million in Series A funding to drive the development of a new class of solid […]
Brown Brothers Harriman has agreed to sell CMS, a St. Louis-based provider of radiology planning solutions, to Elekta AB (STO: EKTAB). No financial terms were disclosed. PRESS RELEASE Elekta AB (publ) (STO:EKTAB) a world leader in clinical solutions for radiation therapy and radiosurgery, today announced that it has signed a purchase agreement to acquire […]
RMI, an Atlanta-based provider of rail information services to the transportation industry, has acquired Optimization Alternatives, an Austin, Texas-based provider of transportation control systems for intermodal terminals. No financial terms were disclosed. RMI is a portfolio company of Carlyle Venture Partners. Get more info. PRESS RELEASE RMI, the largest independent provider of comprehensive […]
Pogo Jet Inc., a Chicopee, Mass.-based on-demand jet charter service focused on the East Coast, has set its IPO terms to 7 million common shares being offered at between $12.50 and $16.50 per share. It would have an initial market cap of around $175 million, were it to price at the high end of its […]
Invodo Inc., an Austin, Texas-based online video management platform, has secured $1.2 million of a $1.5 million Series A round, according to a regulatory filing. Backers include Sevin Rosen Funds and S3 Ventures. www.invodo.com