TCW of Los Angeles is raising up to Euro 400 million for a new fund that will provide private equity and mezzanine capital to clean energy projects or companies developing such projects in Europe. A regulatory filing dated March 10 indicates that TCCW already has secured over Euro 321 million in capital commitments. www.tcw.com
EnergySolutions Inc., a Salt Lake City-based provider of low-level radioactive waste disposal services, has filed for a $500 million IPO. It plans to trade on the NYSE under ticker symbol ES, with Credit Suisse, JPMorgan and Morgan Stanley serving as co-lead underwriters. The company is owned by a private equity consortium of Lindsay Goldberg & […]
NovaCardia Inc., a San Diego-based drug company focused on cardiovascular disease, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol NCAR, with JPMorgan and Credit Suisse serving as co-lead underwriters. The company has raised nearly $70 million in VC funding since its 2001 formation, from firms like […]
GSI Technology Inc., a Santa Clara, Calif.-based provider of static random access memory products for networking and telecom equipment, priced around 6.13 million common shares at $5.50 per share, for an IPO take of approximately $33.72 million. It had originally filed to price eight million shares at between $6.50 and $8 per share. It will […]
Saar Gur has joined Charles River Ventures as a principal. Gur is an active angel investor in the digital media space, and also has co-founded companies like Carebadges.com and BrightRoll. In other CRV personnel news, Susan Wu has been promoted to principal. www.crv.com
Network Communications Inc., a publisher of printed and online real estate information and advertising in North America, has acquired New England Home magazine. No financial terms were disclosed. Network Communications was acquired in January 2005 by Citigroup Venture Capital. www.nci.com
Emerald Technology Ventures (f.k.a. SAM Private Equity) of Montreal has closed its second cleantech-focused venture fund with Euro 135 million in capital commitments. Limited partners include Caisse de depot et placement du Quebec, GIMV, Rabobank, Axpo Holding, Springbridge, Credit Suisse, Deere & Co., DSM Venturing, Dow Chemical Co., KPC Energy Ventures, Piper Jaffray Private Capital, […]
Penguin Computing, a San Francisco-based provider of Linux cluster virtualization, has raised $9 million in Series 2 funding. vSpring Capital led the deal, and was joined by return backers San Francisco Equity Partners, Weber Capital and Convergence Partners. www.penguincomputing.com
Xponent Photonics Inc., a Monrovia, Calif.-based maker of surface mount photonic products, has raised $23 million in Series 3 funding. American River Ventures led the deal, and was joined by return backers Arcturus Capital, Eastward Capital, El Dorado Ventures, HOYA Holdings, Samsung, US Venture Partners and Walden International. Xponent has raised over $90 million in […]
AutoGenomics Inc., a Carlsbad, Calif.-based developer of automated molecular diagnostic testing solutions, has raised $12 million in Series C funding. The company said that the offering, like its Series A and B rounds, was mostly comprised on individual investors. www.autogenomics.com