Seok-heon Kim, managing partner of Cornerstone Equity Partners, has joined the board of South Korean online auction marketplace Gmarket Inc. (Nasdaq: GMKT). www.gmarket.com
Macrovision Corp. (Nasdaq: MVSN) has acquired Mediabolic Inc., a San Mateo, Calif.
Warburg Pincus has promoted both David Krieger and Justin Sadrian to the position of partner. Krieger has been with the firm since 2000, and focuses on the energy sector. Sadrian also joined Warburg Pincus in 2000, and focuses on technology, media and telecom opportunities. Both Krieger and Sadrian work out of New York. www.warburgpincus.com
Conduit Capital Partners, a private equity firm focused on the independent electric power industry in Latin America and the Caribbean, has promoted five professionals to partner: Eyob Easwaran, Marc Frishman, Samuel Gomez, Juan Paez and Liliana Rauch. www.conduitcap.com
Mellon Financial Corp. has completed a substantial portion of the sale of its ownership interests in the direct and indirect portfolios of Mellon Ventures, Mellon's venture capital business, to Goldman Sachs Private Investments Ltd. and New MVI LP. One or more subsequent closings will occur during the first quarter of 2007 once remaining consents to […]
Plastic Logic Ltd., a Cambridge, UK-based plastic electronics manufacturer, has raised $100 million in fourth-round funding. Oak Investment Partners and Tudor Investment Corp. co-led the deal, and was joined by return backers Amadeus, Intel Capital, Bank of America, BASF Venture Capital, Quest for Growth and Merifin Capital. The capital will be used to help build […]
Apriori Technologies Inc., a Concord, Mass.-based provider of cost management software for the discrete manufacturing industry, has raised $11.18 million in Series B funding, according to a regulatory filing. Return backers include Bain Capital Ventures and Sigma Partners. www.apriori.com
TutorVista, a San Francisaco-based provider of online tutoring and test preparation, has raised $10.75 million in Series B funding. Lightspeed Venture Partners led the deal with a $7 million contribution, while return backers included Sequoia Capital India and Silicon Valley Bank. www.tutorvista.com
Newmerix Corp., a Superior, Colo.-based provider of automated testing and change management software for packaged applications, has raised $7 million in third-round funding. Return backers include Mobius Venture Capital, Siemens Venture Capital and IDG Ventures. www.newmerix.com
DefenSoft Planning Systems, an Israel-based developer of software solutions for planning defense and security systems, has sold a 15% ownership stake to private equity firm Athlone Global Security Inc. The deal also includes an option whereby Athlone could acquire an additional 5 percent. www.defensoft.com www.athloneglobalsecurity.com