Envista Corp., a Beverley, Mass.-based developer of enterprise software for the strategic and financial management of built infrastructure, has raised around $5.76 million in Series A. The initial $5 million tranche closed quietly last September. Backers include Borealis Ventures, Egan-Managed Capital and Point Judith Capital. www.envistasoftware.com
Metatomix Inc., a Waltham, Mass.
Origin Digital Inc., a Weehawken, N.J.-based video applications service provider, has raised $5.5 million in Series A funding from Constellation Ventures. The round closed last December. www.origindigital.com
SAN JOSE, Calif. (AP) — Cisco Systems Inc. said Tuesday it will buy privately-held BroadWare Technologies, a provider of IP-based video surveillance software. Financial terms weren't disclosed. Founded in 1995, BroadWare has 38 employees, with offices in Santa Clara, California and McLean, Virginia. The BroadWare team and products will be integrated into Cisco's emerging market […]
Limelight Networks Inc., a Tempe, Ariz.-based provider of a network for delivering live and on-demand digital media online, has set its proposed IPO terms to 14.4 million common shares being offered at between $10 and $12 per share. It plans to trade on the Nasdaq under ticker symbol LLNW, with Goldman Sachs and Morgan Stanley […]
Intelliden Inc., a Colorado Springs, Colo.-based provider of standards-based network automation solutions, has raised $10 million in sixth-round funding. Matrix Partners led the deal, and was joined by fellow return backers 3i Group, Granite Global, TELUS Ventures and Westbury Partners. Intelliden has raised around $68.5 million in total VC funding since its 2000 inception, including […]
Addex Pharmaceuticals Ltd., a Geneva, Switzerland-based drug company focused on CNS disorders, priced its IPO shares at 73 sfr each, near the top end of the price range of 58-75 sfr it gave early this month. This will give the Geneva-based group, which will be listing on the Swiss stock exchange tomorrow, a market capitalization of […]
MBA Polymers Inc., a Richmond, Calif.-based recycler of plastics and durable goods, announced that it has raised $20 million in Series E funding, as first reported by peHUB last week. Participants include Benchmark Capital Europe, Doughty Hanson Technology Ventures, Asia West and Aloe Environment Fund. Here's the press release:__________________ MBA Polymers, Inc., the cleantech leader […]
Yahoo Inc. is rumoured to be working on an attempted takeover of Bebo, Britain's most popular social networking site, and is thought to be willing to pay as much as $1 billion for the site, according to a report in the Sunday Telegraph newpaper. Bebo has raised VC funding from Benchmark Capital The site, which […]
NEW YORK (AP) – Merrill Lynch & Co., the largest U.S. brokerage, said Monday it will buy a minority stake in investment firm GSO Capital Partners LP in a bid to broaden its involvement in private equity deals. The New York-based firm is an $8 billion hedge fund which helps finance deals for private equity […]