Workshare, a London-based provider of secure content compliance solutions, has raised $23 million in Series B funding. Backers include Steelpoint Capital Partners, Intel Capital and Quester. www.workshare.com
Player X, a UK-based mobile gaming and entertainment company, has raised Gbp5 million in second-round funding. Nordic Venture Partners and Long Acre Partners were joined by previous backer Arts Alliance. www.playerx.com
Chegg.com, a Santa Clara, Calif.-based online marketplace for college students, has raised $2.2 million in Series A funding from Gabriel Venture Partners and seed backer Mike Maples. The news was first reported by BusinessWeek. www.chegg.com
InovaWave Inc., an Austin, Texas-based maker of software that improves server and desktop virtual machine performance, has raised $2 million in Series A funding from Silverton Partners. www.inovawave.com
Convio Inc., an Austin, Texas-based provider of online constituent relationship management solutions for nonprofit organizations, has acquired competitor GetActive Software Inc. of Berkeley, Calif. in an all-stock deal. No pricing terms were disclosed. Convio has raised over $36 million in VC funding from firms like Austin Ventures, Adams Street Partners, Granite Ventures, Silverton Partners and […]
Subex Azure Ltd., a listed Indian provider of revenue maximization solutions for telecom operators, has agreed to acquire Syndesis Ltd., a Canada-based provider of telecom OSS solutions, for US$164.5 million in cash. Syndesis raised US$52 million in VC funding between 1999 and 2001, from firms like Greylock, Pequot Capital, Sequoia Capital and VenGrowth. www.subexazure.com www.syndesis.com
Wingate Partners of Dallas has secured around $107 million in capital commitments for its fourth buyout fund, according to a regulatory filing. Limited partners include RCP Advisors, Portfolio Advisors and UTIMCO. www.wingatepartners.com
Fortress Investment Group, a New York-based alternative asset manager, has set its proposed IPO terms to around 32.29 million shares being offered at between $16.50 and $18.50 per share. Fortress manages private equity funds, hedge funds and publicly-traded alternative vehicles. www.fortresssinv.com
Hironobu Nakano has joined CITIC Capital Partners as a managing director and head of Japanese operations. Nakano previously was a managing director of the Industrial Revitalization Corp. of Japan and a founding member of Advantage Partners. www.citiccapital.com
Thomas V. Taylor has joined Sun Capital Partners as a managing director. He had spent the past 23 years with Home Depot, most recently as chief marketing officer and executive vice president of merchandising. www.suncappart.com