Technorati Inc., a San Francisco-based search engine for the blogosphere, has expanded its Series C round to $11.52 million, according to a regulatory filing. It held a $7.6 million first close last June, and later expanded the round to $10.52 million. DG Incubation, operator of Technorati Japan, is listed as a new shareholder, alongside existing […]
Magnum Semiconductor Inc., a Fremont, Calif.-based supplier of ICs, software and reference platforms for audio and video content, has secured $20 million of a $27 million Series C round, according to a regulatory filing. Investor Growth Capital was joined by return backers August Capital and Investcorp Technology Ventures. Magnum was spun out of Cirrus Logic […]
Cape Clear Software Inc., a Dublin, Ireland-based provider of an enterprise service bus platform, has raised $4.95 million in Series D funding, according to a regulatory filing. Return backers include ACT Venture Capital, Accel Partners, Greylock and InterWest Partners. Cape Clear has raised nearly $38 million in total VC funding since its 1999 inception. www.capeclear.com
WebCollage Inc., a New York-based provider of online merchandising networks to manufacturers, has raised around $3.59 million in Series E funding, according to a regulatory filing. Backers include Sierra Ventures, Cedar Ventures and Gilde Investment Management. The company has raised over $36 million in total VC funding since its 2000 inception. www.webcollage.com
Dan Simon and Karan Kapoor have joined Wedbush Capital Partners as VP of finance/administration and senior analyst, respectively. Simon previously was CFO of DynaFund Ventures, while Kapoor was with Brandes Investment Management. Wedbush also has promoted Ben Wu to associate. www.wedbushcapital.com
Brightspark Ventures has promoted Salim Teja to partner and Steven Bloom to partner and CFO. Teja joined the firm in 2003, while Bloom joined in 1999. www.brightspark.com
CVRx Inc., a Maple Grove, Minn.-based developer of an implantable device designed to control hypertension, has raised $65 million in Series D funding. Johnson & Johnson Development Corp. led the deal, and was joined by BBT Fund and return backers New Enterprise Associates, Thomas Weisel Healthcare Venture Partners, InterWest Partners, ABS Ventures, Frazier Healthcare Ventures […]
Endurance International, a portfolio company of Audax Partners, has acquired IPower Inc., in order to form a single provider of web hosting services to the SME market. LBOWire reports that the deal is valued at more than $100 million, and is structured as a recap that includes new equity and debt commitments from Cerberus Capital […]
Summit Business Media LLC, a B2B media company backed by Wind Point Partners, has sold four magazines to Milo Trade Media. No financial terms were disclosed. The magazines are: Contractor Tools and Supplies, Construction Purchasing, MRO Today and Progressive Distributor. www.summitbusinessmedia.com
Curtiss-Wright Corp. (NYSE: CW) has acquired the assets of Scientech LLC, an Idaho Falls, Idaho-based provider of commercial nuclear power instrumentation, electrical components, specialty hardware, process control systems and database solutions. The deal was valued at approximately $57.8 million, with sellers including Caltius Mezzanine. www.scientech.com