CMEA Ventures is targeting $400 million for its seventh fund, according to Private Equity Insider. http://www.cmeaventures.com/
Dawntreader Ventures (f.k.a. Soundview Ventures) is targeting $250 million for its third early-stage fund, according to Private Equity Insider. http://www.dtventures.com/
Robert W. Baird & Co. has launched a corporate restructuring I-banking group that will provide equity and debt financing and M&A advisory services to financially-distressed mid-market companies, as they seek to reorganize. It will be led by William Welnhofer, formerly a principal with Starshak Welnhofer & Co. http://www.rwbaird.com/
Mark Austin has joined Piper Jaffray as a managing director of the firm's Private Capital team. He previously was a managing director with FAF Advisors. http://www.piperjaffray.com/
RedShift Ventures has promoted Srinivas Mirmira from associate to principal. He joined the firm in March 2005, before which he spent time with Boeing, Applied Materials and Intel. http://www.redshiftventures.com/
GSI Technology Inc., a Santa Clara, Calif.-based provider of static random access memory products for networking and telecom equipment, has filed for a $57.5 million IPO. It plans to trade on the Nasdaq under ticker symbol GSIT, with Needham & Co. and WR Hambrecht & Co. serving as co-lead underwriters. Shareholders include Monet Capital. GSI […]
Nimsoft, a Redwood City, Calif.-based provider of service-level management solutions, has raised $10.3 million from JMI Equity and Northzone Ventures. It is the company’s first round of institutional funding, despite having been founded in1998. www.nimsoft.com
TA Associates has promoted five principals to managing director. They are: Jeffrey Barber, Michael Berk, Todd Crockett, Jonathan Meeks and Ajit Nedungadi. The firm also has promoted: CFO Thomas Alter from director to principal, Christian Gr�enwald from vice president to principal, Jon Kossow from vice president to principal, Jennifer McAuliffe Mulloy from vice president to […]
Adventure Central, a Denver-based provider of online booking and travel inventory management services for adventure tour operators, has raised $3.5 million in Series B funding. Allegis Capital led the deal, and was joined by return backers Wolf Ventures and Advantage Capital Partners. www.adventurecentral.com
Enclarity Inc., an Aliso Viejo, Calif.-based information management and analytic software company focused on the healthcare market, has raised $10 million in Series B funding. Bain Capital Ventures led the deal, and was joined by return backer Ignition Partners.