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News Briefs

Jon Seeber has joined Updata Partners as an associate. He previously was with IBM Global Services Business Development. www.updata.com
Scott Reilly has joined Golub Capital as a vice president in the firm's first lien middle-market group. He previously was with GE Capital's global sponsor finance group. www.golubcapital.com
Tim Fitzpatrick, CEO of Sallie Mae, is joining the advisory board of Leeds Equity Partners. In other LEP news, the firm said that Rudy Giuliani will remain on its advisory board, despite his current presidential campaign. www.leedsequity.com
Syndax Inc., a Waltham, Mass.-based drug company focused on cancer therapies in mechanistically-driven combination regimens, has raised $40 million in Series A funding. Domain Associates and MPM Capital co-led the deal, and were joined by Avalon Ventures, Forward Ventures and Pappas Ventures. The company was co-founded by Eckard Weber of Domain and Ronald Evans of […]
PandoraTV, operator of a South Korean video sharing website, has raised $10 million in Series B funding. DCM-Doll Capital Management led the deal, and was joined by return backers Altos Ventures, STIC International and Saehan Ventures. www.pandora.tv
GSC Group has closed its CDO VIII fund with $350 million. It is the New York-based firm's thirteenth corporate collateralized debt obligation fund the firm has raised since April 2000, including three in Europe. The transaction priced with Citigroup and is 80% ramped to date. www.gsc.com
Michelle Guthrie has joined Providence Equity Partners as a Hong Kong-based managing director focused on Asia-Pacific opportunities, effective June 1. She most recently served as CEO of STAR, a media and entertainment company in Asia owned by News Corp. www.provequity.com
Inertia Beverage Group, a Napa, Calif.-based provider of a sales and marketing platform for wineries conducting direct-to consumer-and direct-to-trade wine sales, has raised $8 million in Series B funding. Allegis Capital and Sid R. Bass Associates co-led the deal. www.inertiabev.com
John Pierce and Peter Mostow have joined law firm Wilson Sonsini Goodrich & Rosati as partners focused on the renewable energy and biofuels markets. Both previously were with Stoel Rives. www.wsgr.com
Larry Coleman and David Swenson have been named venture partners with SSM Partners, a Memphis, Tenn.-based venture capital firm. Both men are co-founders of Coleman Swenson Booth, one of the country's first dedicated healthcare venture capital firms. www.ssmpartners.com
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