DemandTec Inc., a San Carlos, Calif.-based provider of consumer-centric merchandising software, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol DMAC, with Credit Suisse and Morgan Stanley serving as co-lead underwriters. DemandTec has raised around $50 million in total VC funding since 1999, from firms like Crosspoint […]
Magnum Semiconductor Inc., a Fremont, Calif.-based supplier of ICs, software and reference platforms for audio and video content, announced that it has raised $27 million in Series C funding. PE Week Wire first reported on the deal earlier this month, based on a regulatory filing. Investor Growth Capital led the deal, and was joined by […]
Geoff McKay has joined Vulcan Capital as a managing director in the firm's private equity group. He previously was a general partner with Forstmann Little & Co.
Ultreo Inc., a Redmond, Wash.-based maker of a branded ultrasound toothbrush, has secured $5.5 million of an $11.3 million Series C round led by Polaris Venture Partners, according to a regulatory filing.
Arete Therapeutics Inc., a Hayward, Calif.-based drug company focused on cardiovascular, inflammatory and metabolic diseases, has raised $35 million in additional Series A funding. The round now totals $51 million. Alta Partners and Frazier Healthcare Ventures co-led the extension, and were joined by fellow return backers Three Arch Partners, Burrill & Company and Altitude Life […]
Amy Long and Gregory Tansey have joined Riverlake Partners as vice presidents. Long previously was a VP of commercial banking with LaSalle Bank in Chicago, while Tansey was a principal with SmartForest Venture. www.riverlakepartners.com
Helicos Biosciences Corp., a Cambridge, Mass.-based DNA sequencing company, priced 5.4 million common shares at $9 per share, for an IPO take of approximately $48.6 million. It originally planned to price the shares at $13-$15 per share, and later lowered the target to $10-$11 per share. It will trade on the Nasdaq under ticker symbol […]
AIG Highstar Capital is raising up to $2 billion for its third fund, according to a regulatory filing. It already has secured over $875 million in capital commitments. AIG Highstar is a private equity firm focused on the infrastructure market. www.aiggig.com
BaroFold Inc., a Boulder, Colo.-based developer of protein therapeutics, has raised $12 million in Series A funding. HBM BioVentures and Boulder Ventures co-led the deal, and were joined by seed backers like the Peierls Foundation. www.barofold.com
Trulia Inc., a San Francisco-based provider of online real estate services, has raised $10 million in third-round funding. Sequoia Capital led the deal, and was joined by return backer Accel Partners. Trulia has raised $17.7 million in total VC funding since its 2004 inception. www.trulia.com