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News Briefs

Intechra Holding Corp., a Carrolton, Texas-based IT asset disposition company, has raised $30.57 million in Series C funding, according to a regulatory filing. Richland Ventures led the deal, and was joined by return backers Chrysalis Ventures and Clayton Associates. www.intechra.com
Serica Technologies Inc., a Medford, Mass.-based developer of a silk-based biomaterial platform for connective tissue repair, has raised $12 million in Series C funding. Prism VentureWorks co-led the deal with existing Serica backer Morningside Technology Ventures. www.sericainc.com
Bill Suddath has joined Baird as an Atlanta-based managing director in the firm's healthcare I-banking group.  He previously was a managing director on the healthcare services team of JMP Securities.
O'Reilly AlphaTech Ventures has closed its inaugural fund with $51 million in capital commitments. The fund will focus on seed and early-stage investments that leverage partner O'Reilly Media's previous investments and relationships with the technology early adopters they have dubbed the “alpha geeks.” www.oatv.com
Vantage Media, a Venice, Calif.-based provider of performance-based search engine marketing and online lead generation, has raised $70 million in Series A funding. Montgomery & Co. led the deal, and was joined by Scale Venture Partners, Tudor Ventures and Integral Capital Partners. www.vantagemedia.com
Terascala Inc., an Avon, Mass.-based developer of next-generation Linux cluster architecture, has raised $3 million in first-round funding from Ascent Venture Partners. www.terascala.com
Shelfari, a Seattle-based online social network for book aficionados, has raised $1 million in VC funding led by Amazon.com, according to The Seattle Post-Intelligencer. www.shelfari.com
Bear Growth Capital Partners has acquired swimwear retailer Just Add Water, and said that it will be combined with existing portfolio company Everything But Water. No financial terms were disclosed. www.justaddwater.com www.bsmb.com
Charlie Brown's Steakhouse, a portfolio company of Trimaran Capital Partners, has agreed to acquire Atlanta-based restaurant chain Bugaboo Creek Steakhouse for $28 million. The deal is expected to close by Q3 2007. www.charliebrowns.com
David Lang has stepped down as a managing director of TA Associates, where he focused on the healthcare and healthcare IT market. He will remain with the firm as a senior advisor. www.ta.com
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