Quickoffice Inc., a Plano, Texas-based provider of office document software for mobile devices, has raised $7 million in Series D funding. Mayfield led the deal, and was joined by Access Industries, Advantage Capital Partners, Shepherd Ventures and Shea Ventures. In addition, the company has added former PalmSouce CEO Patrick McVeigh to its board of directors. […]
Alex Gendzier has joined Jones Day as a New York-based partner in the firm's capital markets practice. He previously was a partner with King & Spalding LLP. www.jonesday.com
Realm Business Solutions, a Houston, Texas-based provider of software for the commercial real estate lifecycle, has acquired Tree Software and Consulting Inc., a Cherry Hill, N.J.-based real estate software company. No financial terms were disclosed, except that the deal was partially financed by existing Realm backers Insight Venture Partners and Lightyear Capital. www.realm.com www.treesoft.com
Trident Resources Corp., a Calgary-based natural gas exploration and development company, has canceled a proposed $300 million IPO, citing market conditions. Credit Suisse, Morgan Stanley and TD Securities had been serving as co-lead underwriters. Shareholders include Aurora Energy Partners, Clery Sarl and RFG Private Equity.
Hyco International Inc., an Atlanta, Ga.-based maker of custom-designed hydraulic cylinders for use in mobile equipment, has withdrawn registration for a $100 million IPO. No reason was given. The company had planned to trade on the Nasdaq, with Friedman Billings Ramsey and Harris Nesbitt serving as co-lead underwriters. Centre Partners holds a 96.5% position. www.hyco.net
Akamai Technologies Inc. (Nasdaq: AKAM) has agreed to acquire Netli Inc., a Palo Alto, Calif.-based provider of application delivery network services, for approximatley $178 million worth of Akamai stock. Netli has raised around $46.5 million in total VC funding since its 2000 inception, including an $18 million Series D round in early 2006 at a post-money valuation […]
Richard Wong has joined Accel Partners as a partner. He previously was SVP/GM of products for Openwave Systems (Nasdaq: OPWV). www.accel.com
Hanger Network, a New York-based provider of in-home advertising via placement on hangers for dry-cleaned clothing, has raised $8 million in Series A funding co-led by Kodiak Venture Partners and Sigma Partners. Hanger Network was founded in 2004 as a partnership between Texas Pacific Group's Altivity Packaging, Paradigm Packaging (a subsidiary of The Standard Group) […]
TriCipher, a San Mateo, Calif.-based provider of authentication security solutions for protecting online channels against fraud and identity theft, has raised $15 million in Series C funding. RBC Technology Ventures led the deal, and was joined by return backers Arrowpath Venture Partners, Intel Capital, Trident Capital, Wasatch Venture Fund and Zions SBIC. The deal also […]
Aperto Networks Inc., a Milpitas, Calif.-based provider of WiMAX base stations and subscriber units, has raised $19 million in Series E-3 funding. GunnAllen Venture Partners led the deal, and was joined by return backers JK&B Capital, Canaan Partners, Alliance Ventures, Innovacom, JAFCO, Labrador Ventures and Tyco. Aperto has raised $139 million in total VC funding […]