Fifth Street Capital of White Plains, N.Y. is raising up to $400 million for its third mezzanine fund, according to a regulatory filing. www.fifthstreetcap.com
Leo Puri has joined Warburg Pincus as a managing director, effective April 10. He will initially be based in New York, but will later move to Mumbai to focus on opportunities in India and selected Asian markets. He previously was a director with McKinsey & Co. in India, where he was co-leader of the Asia […]
Tribold, a London-based developer of product management software for communications service providers, has raised $15 million in Series B funding. Espirit Capital Partners was joined by return backer Eden Ventures. www.tribold.com
Serveron Corp., a Hillsboro, Ore.-based provider of technology and services to monitor electric utility assets, has raised $5 million. Return backers include El Dorado Ventures, Nth Power, Cascadia Pacific Management, Oregon Life Sciences, Perseus, Siemens Venture Capital and Ventures West. The company has raised around $48 million in total VC funding since its 1999 inception. […]
Legend Silicon Corp., a fabless semiconductor company that manufactures the core IC for digital broadcasting and broadband transmission, has raised $40 million in Series D funding led by Intel Capital. Legend has offices in both Silicon Valley and China, with past funding from Intel, Motorola Ventures, SUNeVision Holdings, Tsinghua Tongfang Co. and Dragon Venture. www.legendsilicon.com
HipCricket, a Bellevue, Wash.-based mobile marketing firm, has raised $2 million in additional Series A funding. This brings the round total to $3 million, from Broadmark Capital and undisclosed angels. www.hipcricket.com
Kongregate, a San Francisco-based online gaming startup, has launched with an undisclosed amount of seed funding from angels like: Reid Hoffman, Joe Kraus, Jeff Clavier and Richard Wolpert. www.kongregate.com
TiGenix NV, a Belgium based regenerative medicine company with a cartilage repair product in Phase III trials, priced eight million shares at Euro 5 per share, for an IPO take of approximately Euro 40 million. It has raised over $36 million in VC funding since its 2000 inception, from firms like Auriga Partners, Capricorn Venture […]
SouFun.com, a Chinese real estate website operator, is planning a $200 million IPO for later this year, according to a Dow Jones interview with company CEO Vincent Mo. The offering would be either in China or on the Nasdaq. Telstra Corp. of Australia holds a 51% ownership position in SouFun, while IDG Venture Capital holds […]
Local Insight Media LP, a portfolio company of Welsh Carson Anderson & Stowe, has acquired Cincinnati-area directories publisher CBD Media, which is backed by Spectrum Equity Partners and Wachovia Capital Partners. Leverage was provided by Wachovia Securities, Lehman Brothers Inc., Merrill Lynch & Co. and GE Capital. No specific financial terms were disclosed, except that […]