Provigent, a Santa Clara, Calif.-based provider of system-on-a-chip solutions for the broadband wireless transmission market, has raised $16 million in fourth-round funding. Globespan Capital Partners was joined by return backers Sequoia Capital, Pitango Venture Capital, Magnum Communications Fund, Ascend Technology Ventures, Delta Ventures and Qualcomm co-founder Andrew Viterbi. www.provigent.com
Geni (f.k.a. Wikigenia), a West Hollywood, Calif.-based developer of a global family tree, has raised $10 million in Series B funding. Charles River Ventures led the deal, and was joined by return backer The Founders Fund. TechCrunch reports that the deal comes with a $100 million post-money valuation, whereas the $1.5 million Series A round […]
Peer39, a New York-based online ad marketplace operator, has raised $3 million in first-round funding from Dawntreader Ventures. The news was first reported by VentureBeat.
Meggitt PLC (LSE: MGGT.L) has agreed to acquire aerospace partners maker K&F Industries Holdings Inc. (NYSE: KFI) for $27 per share. The deal represents and exit for Aurora Capital Group, which acquired K&F in 2004 and which still holds a 36% of K&F's outstanding shares (along with certain of its cosponsors). www.kandfindustries.com
Townes Pressler has joined Lime Rock Partners as a Houston-based managing director. He previously was co-founder of Peregrine Oil & Gas. www.lrpartners.com
Glu Mobile Inc., a San Mateo, Calif.-based mobile game publisher, has set its proposed IPO terms to 7.3 million common shares being offered at between $10 and $12 per share. It plans to trade on the Nasdaq under ticker symbol GLUU, with Goldman Sachs and Lehman Brothers serving as co-lead underwriters. The company has raised […]
Aruba Networks Inc., a Sunnyvale, Calif.-based provider of wireless LAN technology, has set its proposed IPO terms to 8 million common shares being offered at between $8 and $10 per share. It plans to trade on the Nasdaq under ticker symbol ARUN, with Goldman Sachs and Lehman Brothers serving as co-lead underwriters. It has raised […]
Terrance Gregg, a special venture partner with Galen Associates, has been named president and CEO of Vasogen Inc. (Nasdaq: VSGN), an Ontario-based biotech company focused on the research and commercial development of technologies targeting the chronic inflammation underlying cardiovascular and neurological disease. www.vasogen.com
Jay Horgen has joined asset management company Affiliated Managers Group Inc. (NYSE: AMG) as executive vice president. He previously served as founder and managing director of private equity firm Eastside Partners. www.amg.com
WI Harper, an early-stage VC funding focused on the U.S. and China, has closed its sixth fund with $133 million in capital commitments. The fund already has thirteen portfolio companies, including Maxthon (web browser in China), Panorama Stock (professional photo image company in China), iKang (healthcare services provider in China), HomeE (home decoration and construction […]