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StageMark Inc., a Pittsburgh-based cell analysis company focused on autoimmune diseases, has raised $1.6 million in Series B funding. BioAdvance Ventures (managed by Quaker BioVentures) and the University City Science Center co-led the deal, and were joined by return backers BlueTree Capital Partners, Innovation Works, Meyer Ventures and the Pittsburgh Life Sciences Greenhouse. www.stagemarkinc.com
3i has agreed to sell Extec Screens and Crushers Ltd., a UK-based maker of mobile crushing and screening equipment, to Sandvik (STO:SAND). No financial terms were disclosed. www.extecscreens.com
Kent McNellie and Steven Muns have joined Hunt Special Situations Group as senior associates. McNellie previously was an associate with Booz Allen Hamilton and, before that, was an analyst with First Reserve. Muns previously managed investment activities for Cox Oil LLC and, before that, was a portfolio manager on the distressed team at hedge fund […]
CastTV Inc., a San Francisco-based video search startup, has raised $3.1 million in Series A funding. Draper Fisher Jurvetson led the deal, and was joined by angels Marc Andressen, Ron Conway and Rajeev Motwani. www.casttv.com
NearbyNow Inc., a Menlo Park, Calif.-based company focused on helping retailers use the Internet to drive shoppers to offline stores, has raised $5 million in Series B funding from return backers Draper Fisher Jurvetson and Draper Richards. The company raised a $2.5 million Series A round last summer. www.nearbynow.com
Netsmart Technologies Inc., a Great River, N.Y.-based provider of enterprise-wide software and services for health and human services organizations, has acquired the behavioral health assets of MainTree Systems. No financial terms were disclosed. Netsmart was acquired last November for $115 million by Bessemer Venture Partners and Insight Venture Partners. www.ntst.com www.maintree.com
Responsys Inc., a Redwood City, Calif.-based provider of on-demand email and marketing automation solutions, has acquired Loyalty Matrix, a San Francisco-based provider of predictive analytics and contact optimization solutions. No financial terms were disclosed. Responsys has raised around $62.4 million in VC funding since 1998, from firms like Accel Partners, Foundation Capital, Lighthouse Capital Partners, […]
YouSendIt Inc., a Mountain View, Calif.
Kleiner Perkins Caufield & Byers announced that it has opened Chinese operations, with a $360 million China fund and offices in Shanghai and Beijing. The China team will include former SAIF partner Joe Zhou, and the entire TDF Capital team, including partners Tina Ju, David Su and Forrest Zhong. www.kpcb.com
XConnect Global Networks Ltd., a London
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