Starent Networks Corp., a Tewksbury, Mass.-based provider of mobile multimedia infrastructure solutions, raised $126.4 million in its IPO. The company priced 10.5 million common shares at $12 per share ($9-$11 range), with a subsequent market cap of $749 million. It will trade on the Nasdaq under ticker symbol STAR, while Goldman Sachs and Lehman Brothers […]
CVR Energy Inc., a Sugar Land, Texas-based producer of ammonia and urea-ammonia nitrate, has raised its IPO target from $300 million to $375 million. It also said that it plans to offer 15.5 million shares, but did not specify a price range. Shareholders include Goldman Sachs and Kelso & Co., while Goldman and Deutsche Bank […]
Storewiz Inc., a San Jose, Calif.-based provider of online storage compression solutions, has raised $9 million in Series B funding from Sequoia Capital. www.storewiz.com
OpTier Inc., a New York-based provider of business transaction management technology, has raised $15 million in new VC funding. Gemini Israel Funds was joined by return backers Pitango Venture Capital, Carmel Ventures, and Lightspeed Venture Partners. OpTier has raised over $40 million in total VC funding since 2003. www.optier.com
Tudor Ventures has closed its third fund with $262 million in capital commitments. The Boston-based firm focuses on IT companies in sectors like financial technology, software, communications, media and IT infrastructure.www.tudorventures.com
Tioga Energy Inc., a Sunnyvale, Calif.
Hyperic Inc., a San Francisco-based provider of multi-platform open-source systems management, has raised $6.1 million in second-round funding from return backers Benchmark Capital and Accel Partners. Hyperic launched in 2004, and raised an initial $3.8 million round in May 2006. www.hyperic.com
GuestCentric Systems, a Stamford, Conn.-based developer of web services for travelers and the travel industry, has raised $1.25 million in seed funding. Ask Venture Partners led the deal, and was joined by Change Partners. www.questcentric.com
Aepona of Ireland has merged with Sweden-based Appium, in order to create a singer vendor for the telecom service layer. No financial terms were disclosed. Aepona has raised nearly $50 million in VC funding from firms like Amadeus Capital Partners, Invest Northern Ireland, Polaris Venture Partners and Trinity Venture Capital. Appium has raised over $10 […]
Leeds Equity Partners is targeting $1 billion for its fifth fund, according to LBO Wire. The New York-based firm focuses on the education and training sectors, and raised $430 million for its prior fund. It already has secured a $100 million cornerstone investment for Fund V from GE Pension Trust. www.leedsequity.com