Bus Radio Inc., a Needham, Mass.-based provider of a national radio show for broadcast on school buses, has secured $10 million of an $18 million Series B round, according to a regulatory filing. Charles River Ventures is leading the deal, with Series A backer Sigma Partners also participating. www.busradio.com
Philip Curatilo has joined Key Principal Partners as a Richmond, Va.-based principal. He previously was a managing director with Westham Capital Partners and, before that, was a general partner with Riverside Partners. www.keyprincipalpartners.com
Akustica Inc., a Pittsburgh-based provider of acoustic system-on-chip solutions, has secured $10 million of a $12 million Series B-1 round, according to a regulatory filing. Return backers include Rangos Investments and Mobius Venture Capital. The company had announced a $15 million Series B round in March 2005. www.akustica.com PRESS
Veracode Inc., a Burlington, Mass.-based provider of on-demand security analysis solutions, has raised $19.5 million in VC funding from .406 Ventures, Atlas Venture and Polaris Venture Partners. www.veracode.com
Neolane, a provider of customer marketing and communication software, has raised Euro 5 million in second-round funding. XAnge led the deal, and was joined by return backer Auriga Partners. www.neolane.com
State Street Corp. (NYSE: STT) has agreed to acquire Currenex Inc., a New York
Nimbus Communications Ltd., a Mumbai, India-based media and entertainment production company, has raised approximately $125 million in private equity funding from Cisco Systems, Oman Investment Fund and return backers 3i Group. www.nimbus.co.in
Actelis Networks, a Fremont, Calif.-based provider of carrier Ethernet-over-copper solutions, has raised $22 million in Series E funding. Adams Street Partners led the deal, and was joined by return backers ATA Ventures, Global Catalyst Partners, Dupont Capital, The Carlyle Group, Innovacom Venture Capital, Vertex, Walden International New Enterprise Associates and Independent Venture Fund. The company […]
Stoke Inc., a Santa Clara, Calif.-based maker of convergence gateways for fixed and wireless broadband access technologies, has raised $20 million in Series C funding. DAG Ventures led the deal, and was joined by return backers like Kleiner, Perkins, Caufield & Byers and Sequoia Capital. www.stoke.com
Vertiflex Inc., a Carlsbad, Calif.-based developer of medical devices for spinal surgery, has raised $20 million in Series B funding, according to a regulatory filing. Backers include Alta Partners, Aberdare Ventures and Morgenthaler Ventures.