Citi has acquired Ecount Inc., a Conshohocken, Pa.-based provider of corporate prepaid card solutions. No financial terms were disclosed. Selling shareholders include Cross Atlantic Capital Partners, which had led an $11 million VC round in February 2001 (ECount's only institutional round). www.citi.com www.ecount.com
Eureka Growth Capital of Philadelphia has closed its second fund with $130 million in capital commitments. www.eurekagrowth.com
Ravi Ramanan has joined The Blackstone Group as an executive director in the firm's portfolio management group. He previously was a senior vice president of “functional excellence” at Solectron Corp. www.blackstone.com
Thomas Kent and Anthony Princi have joined Paul, Hastings, Janofsky & Walker LLP as partners in the firm's finance and restructuring practice. They previously were with Orrick, Herrington & Sutcliffe LLP. www.paulhastings.com
Lingotek, a Provo, Utah-based provider of meaning-based translation solutions, has raised $1.6 million in Series A-2 funding. Canopy Ventures led the deal, and was joined by return backer Flywheel Ventures. www.lingotek.com
Mapflow, a Dublin, Ireland-based provider of location-aware software to the insurance, transport and location services markets, has raised $5.1 million in new VC funding led by SOSventures. The deal also includes up to $6.6 million in possible earn-outs, while selling shareholders include company founder Simon Dick, company chairman Stephen Cloonan and Trinity Venture Capital. www.mapflow.ie
FixYa Ltd., an Israel-based online technical support startup, has raised $4 million in second-round funding from Pitango Venture Capital and Mayfield Fund, according to Globes Online.
Nikko Principal Investments and Vision Capital have sold UK motorway services group RoadChef to a subsidiary of Israel-based Delek Real Estate. The total deal is valued at approximately
AeroScout Inc., a San Mateo, Calif.-based provider of WiFi-based enterprise visibility solutions, has raised $21 million in Series C funding. This space reported last week that the deal was in progress, based on a regulatory filing. Menlo Ventures led the deal, and was joined by Greylock Partners and return backers Intel Capital, Cisco Systems, Pitango […]
Gaia Interactive Inc., a San Jose, Calif.-based virtual space “hangout” geared towards young people, has raised $12.01 million in Series B funding, according to a regulatory filing. DAG Ventures was joined by return backers Benchmark Capital and Redpoint Ventures. www.gaiaonline.com