Hassan El-Khatib has joined The Carlyle Group as a Cairo-based managing director focused on opportunities inc Egypt and Northern Africa. He previously was with EFG-Hermes Private Equity. www.carlyle.com
LinkedIn Corp., a Mountain View, Calif.-based social networking company for businesspeople, has raised $12.8 million in Series C funding from Bessemer Venture Partners and European Founders Fund. Existing backers Sequoia Capital and Greylock did not participate in the deal, which VentureBeat reports came with a $250 million post-money valuation. LinkedIn previously had raised $15 million […]
Oncogenex Technologies Inc., a Vancouver-based drug company focused on cancer therapeutics, has set its proposed IPO terms to 4.5 million common shares being offered at between $10 and $12 per share. It plans to trade on both the Nasdaq and TSX, with RBC Capital Markets serving as lead underwriter. Shareholders include Ventures West, BDC Venture […]
Monotype Imaging Holdings Inc., a Woburn, Mass.-based provider of text imaging software, has filed for a $135 million IPO. It plans to trade on the Nasdaq under ticker symbol TYPE, with Banc of America Securities serving as lead underwriter. TA Associates holds an 81.2% pre-IPO ownership position, with D.B. Zwirn holding a 3.9% stake. www.monotypeimaging.com
Ben Choi has joined Storm Ventures, after spending the past year and a half with CIA venture arm In-Q-Tel. In an email announcing his move, Choi jokes: “Please don't hesitate to drop me a line. (They aren't watching me anymore.)”
Siemens has agreed to acquire UGS Corp. for approximately $3.5 billion (including assumed debt), from Bain Capital, Silver Lake Partners and Warburg Pincus. UGS is a Plano, Texas-based maker of product lifecycle management software for industrial manufacturers. www.siemens.com www.ugs.com
GSR Ventures has closed its second fund with $200 million in capital commitments, as first reported yesterday at peHUB. Limited partners include Horsley Bridge. The Menlo Park, Calif.-based firm focuses on tech companies with substantial operations in China, and has been affiliated with Mayfield Fund since inception. One change for Fund II, however, is that […]
AcuFocus Inc., an Irvine, Calif.-based maker of ocular implants to treat presbyopia, has raised $18 million in Series D funding from Bausch & Lomb. The deal was announced earlier this month without a price-tag, and also includes an option whereby B&L would purchase AcuFocus. The company previously had raised over $38 million in VC funding […]
MIOX Corp., an Albuquerque, N.M.-based maker of water purification products for public water treatment systems, has raised $14.5 million in second-round funding. Sierra Ventures led the deal, and was joined by Tao Capital, New Mexico Community Capital and return backer Flywheel Ventures. www.miox.com
Exalead, a France-based search company, has raised Euro 12 million from existing shareholder Qualis, according to alarm:clock. www.exalead.com