iSkoot Inc., a Cambridge, Mass.-based provider of mobile Internet communications solutions, has raised $7 million in Series B funding. Charles River Ventures led the deal, and was joined by return backers Khosla Ventures, ZG Ventures and Jesselson Capital Corp. www.iskoot.com
Advanced BioHealing Inc., a La Jolla, Calif.-based regenerative medicine company, has raised $25.5 million in Series C funding. Safeguard Scientific led the deal, and was joined by Channel Medical Partners, Red Abbey Venture Partners and return backers Canaan Partners and Wheatley Partners. www.AdvancedBioHealing.com
John Riccitiello is leaving Elevation Partners in order to rejoin video game publisher company Electronic Arts. He had served as president and COO of EA until leaving in 2004 to co-found Elevation, but now is returning to serve as CEO. www.ea.com
The Norwegian Government Pension Fund is considering a 5% allocation to private equity and venture capital. The
ViDeOnline Communications Ltd., a Redwood City, Calif.-based provider of licensed digital content to the Asian markets, has raised $12 million in third-round funding led by Intel Capital. www.videonline.com
SPADAC, a McLean, Va.-based provider of predictive and geointelligence analysis solutions for governmental and industrial clients, has raised $6.5 million in Series B funding from Pequot Ventures. www.spadac.com
Mate Intelligent Video, an Israel-based video surveillance and content analysis startup, has raised $6 million in first-round funding. Infinity Equity Capital led the deal with a $3.2 million infusion, and was joined by I-CSVC and seed backer The Peleg Group. www.mate.co.il
Broadview Networks Holdings Inc., a Rye Brook, N.Y.-based provider of integrated communications and managed security services, has agreed to acquire InfoHighway Communications, a New York-based provider of hosted and managed communications solutions for business customers in the Mid-Atlantic and Northeastern U.S. No financial terms were disclosed. Broadview shareholders include Baker Capital, MCG Capital, New Enterprise […]
Alpha Packaging, a St. Louis
Hewlett-Packard (NYSE:HPQ) has agreed to acquire PolyServe Inc., a Beaverton, Ore.-based provider of storage software for application and file serving utilities. No financial terms were disclosed. PolyServe has raised around $72 million in VC funding since its 1998 inception, from firms like Greylock, Fidelity Ventures, New Enterprise Associates and The Roda Group. www.hp.com www.polyserve.com