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News Briefs

Odewald & Compagnie of Germany is raising up to EUR 1.5 billion for its third private equity fund, according to a regulatory fund. Lazard Freres is serving as placement agent.
RecycleBank has raised $13.1 million in Series A funding from RRE Ventures and Sigma Partners. The Philadelphia-based company partners with cities and businesses to reward households that recycle. It previously had raised seed capital from Columbia University's Eugene M. Lang Center for Entrepreneurship. www.recyclebank.com
Intercasting Corp., a Sand Diego-based provider of media applications for personal mobile devices, has raised $12 million in Series B funding. Venrock led the deal, and was joined by return backers Avalon Ventures and Masthead Venture Partners. www.intercastingcorp.com
DepotPoint, a Bellevue, Wash.-based provider of an application suite for the real estate foreclosures market, has raised $4 million in Series B funding from Trident Capital. www.depotpoint.com
Portola Pharmaceuticals Inc., a South San Francisco-based drug company focused on thrombosis and related cardiovascular diseases, has raised $70 million in Series C funding. New backers include Brookside Capital, AllianceBernstein, Teachers' Private Capital, Goldman Sachs, T. Rowe Price, IBTM and CIDC. Returnees included Abingworth Management, Alta Partners, Advanced Technology Ventures, Frazier Healthcare, MPM Capital, Prospect […]
Crossbeam Systems Inc., a Boxborough, Mass.-based provider of network security solutions, has raised $21 million in Series F funding. Tudor Investment Corp. led the deal, and was joined by return backers Charles River Ventures, Commonwealth Capital Venture Partners, Focus Ventures, Intel Capital, Matrix Partners and North Bridge Venture Partners. Crossbeam has now raised around $102 […]
Solaicx Inc., a Santa Clara, Calif.-based maker of silicon wafers for photovoltaic panels, has raised $27.1 million in Series C funding. D.E. Shaw led the deal, and was joined by Mitsui & Co. and return backers Applied Ventures, Big Sky Ventures, Firsthand Capital Management and Greenhouse Capital Partners. Solaicx has now raised around $39 million […]
Xelerated, a Santa Clara, Calif.-based fabless semiconductor company, has raised $23 million in fourth-round funding. Sixth Swedish National Pension Fund led the deal, and was joined by return backers Atlas Venture, Alta Partners, Accel Partners and Amadeus Capital Partners. www.xelerated.com
OpVista Inc., a Milpitas, Calif.-based optical networking company, has raised $15 million in its second round of funding since a 2006 venture recap. ComVentures led the deal, and was joined by return backers DCM and Sevin Rosen Funds. www.opvista.com
Sentrigo Inc., a Woburn, Mass.-based provider of database security software, has raised $3.5 million in Series A funding from Benchmark Capital. www.sentrigo.com
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