HitecVision Private Equity of Norway is opening an office in Houston, Texas. The firm manages two funds with $410 million in combined capital, with two of its 11 current portfolio companies based in Houston. It also maintains an office in Aberdeen, Scotland. www.hitecvision.com
Salary.com Inc., a Waltham, Mass.-based provider of on-demand compensation management solutions, priced 5.7 million common shares at $10.50 per share ($8-$10 range), for an IPO take of approximately $59.85 million. Its share price rose as much as 33% in its first day of trading, before settling back down to close at $12.56 per share. It […]
OVP Venture Partners of Seattle and Portland, Ore. held a $250 million final close on its seventh fund. It had held a $207 million first close in May 2006, but extended the fundraising to accept commitments from the Meketa Investment Group and the College of the Holy Cross. Other new LPs include the New York […]
Omniture Inc. (Nasdaq: OMTR), an Orem, Utah-based provider of web analytics, has agreed to acquire Touch Clarity, a London-based provider of on-demand provider of automated behavioral targeting. The deal is valued at upwards of $51.5 million, plus approximately $8.5 million in assumed vested stock options. It is expected to close later this quarter. Tocuh Clarity […]
Reactrix Systems Inc., a Redwood City, Calif.-based provider of a “reactive media” network in malls and movie theaters, has raised $45 million in third-round funding. D.E. Shaw and Menlo Ventures co-led the deal, and were joined by return backers Thomas Weisel Venture Partners and Worldview Technology Partners. www.reactrix.com
Inogen Inc., a Goleta, Calif.-based developer of long-term oxygen therapy technologies, has raised $22 million in Series D funding. Novo AS led the deal, and was joined by Arboretum Ventures and return backers Versant Ventures, Avalon Ventures and Accuitive Medical Ventures. www.inogen.com
Index Ventures has closed its fourth fund with Euro 350 million in capital commitments. The Geneva, Switzerland-based firm also promoted Mich
Opnext Inc., an Eatontown, N.J.-based optical components maker, priced around 16.91 million common shares at $15 per share ($13-$15 range), for an IPO take of approximately $254 million. It will trade on the Nasdaq under ticker symbol OPXT, while Goldman Sachs served as lead underwriter. Hitachi was listed as the company's primary shareholder, while others […]
Smurfit Kappa Group, a packaging company formed via the 2005 merger of Ireland-based Jefferson Smurfit and The Netherlands-based Kappa, is planning to raise
MINO Wireless, a Sunnyvale, Calif.-based provider of VoIP solutions for mobile and wireless communications, has raised $7 million in new venture funding from Canaan Partners. www.minowireless.com