Fidelity Ventures has increased the size of its fourth fund from $250 million to $400 million. It also added former Apax Partners pro Roger Hurwitz as a partner.
GSI Technology Inc., a Santa Clara, Calif.-based provider of static random access memory products for networking and telecom equipment, has set its proposed IPO terms to eight million common shares at between $6.50 and $8 per share. It plans to trade on the Nasdaq under ticker symbol GSIT, with Needham & Co. and WR Hambrecht […]
Blaze DFM, a Sunnyvale, Calif.-based electrical DFM company, has raised $10 million in Series B funding. The round was concurrent to the closing of Blaze's acquisition of Aprio Technologies, with Aprio backers El Dorado Ventures and Mobius Venture Capital participating alongside existing Blaze shareholder Lightspeed Venture Partners. Blaze DFM provides software solutions to fabless semiconductor […]
LS9 Inc., a San Carlos, Calif.-based renewable petroleum startup, has raised $5 million in Series A funding from Flagship Ventures and Khosla Ventures. The company says that it is pursuing industrial applications of synthetic biology to produce biofuels that are compatible with existing fuel distribution and consumer infrastructure.
DTI Dental Technologies Inc., a Vancouver-based dental products company controlled by Healthpoint Capital, has acquired Dublin, Calif.-based cosmetic dentistry lab MicroDental Laboratories Inc. from Riverside Partners. No financial terms were disclosed. www.microdental.com
Noble Investment Group of Atlanta has closed its third private equity fund focused on the lodging and hospitality market, with $310 million in capital commitments. www.nobleinvestment.com
Black Diamond Minerals LLC, a Denver-based oil and gas production startup, has raised $40 million in private equity funding from Natural Gas Partners.
IntelliDOT Corp., a San Diego
AgraQuest Inc., a Davis, Calif.-based biotech company focused on natural pest management products, has raised $10 million in new funding, according to VentureWire. Return backers include TPG Ventures, Otter Capital, Halcyon Capital and Swiss Re. The company has raised around $76 million in total VC funding since its 1995 inception. www.agraquest.com
Eurekster Inc., a San Francisco