Narad Networks Inc., a Westford, Mass.
Providence Equity Partners has closed its sixth fund with $12 billion in capital commitments. The firm focuses on buyouts of media and communications companies. Its previous fund was capped at $4.25 billion in 2004. www.provequity.com
Willis Stein & Partners is considering a sale of Midwestern supermarket chain Roundy's, according to The Wall Street Journal. A deal could be worth upwards of $2 billion. Willis Stein acquired Milwaukee-based Roundy's in 2002, alongside Norwest Equity Partners. www.roundys.com
Kenneth Galbraith has joined Ventures West as a venture partner focused on life sciences opportunities. Last year he served as chairman and interim CEO of AnorMED, until its $600 million cash sale to Genzyme. www.ventureswest.com
Clearwire Corp., a Kirkland, Wash.-based WiMAX company, has acquired a large swath of wireless 2.5 GHz spectrum from AT&T for $300 million in cash. The FCC had mandated that AT&T sell the spectrum
Gearworks Inc., a Minneapolis-based provider of location-based mobile business applications, has raised $21.4 million in “Series 2” funding. Split Rock Partners and Rho Ventures co-led the deal, and were joined by return backer Bluestream Ventures. The company has raised over $62 million in total VC funding since its 1998 inception. www.gearworks.com
Harland Medical Systems Inc., an Eden Prairie, Minn.-based developer of coating automation systems and testing instruments for coated devices, has raised an undisclosed amount of private equity funding from DSM Venturing, the corporate venture unit of Royal DSM NV. www.harlandmedical.com
Racemi Inc., an Atlanta-based provider of enterprise IT resource management software, has raised $3.4 million in Series A-1 funding from Pattillo Investments. www.racemi.com
Mozes Inc., a Palo Alto, Calif.-based provider of a mobile service that allows users to create and share content, has raised $5 million in first-round funding from and North Bridge Venture Partners. www.mozes.com
Scott Berdan has joined Kamlet Shepherd & Reichert LLP, as a partner in charge of the Denver-based law firm's securities and corporate finance practice. He also will be charged with expanding M&A and private equity capabilities. Berdan previously was a partner in the Denver office of Hogan & Hartson LLP. www.ksrlaw.com