Swett & Crawford, an Atlanta-based wholesale insurance broker, has acquired the assets of Oxbridge Insurance Associates Inc., a Morristown, N.J.-based property and casualty wholesale broker and managing general agent. Swett & Crawford is owned by its employees, HM Capital Partners and Banc of America Capital Investors. www.swett.com
Rick Prostko has joined VantagePoint Venture Partners as a vice president. He previously was an associate with Summit Partners. www.vpvp.com
Amazon.com has invested $10 million into Wikia Inc., the for-profit wiki site founded by Wikipedia founder Jimmy Wales. News of the deal was first reported last month, but the actual dollar amount had been kept confidential. Wikia previously had raised $4 million in Series A funding earlier from Bessemer Venture Partners, Omidyar Network and individual […]
Lone Star Funds has agreed to sell restaurant chain Shoney's to Royal Capital for an undisclosed amount. Lone Star had agreed to sell Shoney's last year to Centrum Properties, but the deal later fell through and got mired in litigation.
Chipidea, a Lisbon, Portugal-based provider of analog and mixed-signal semiconductor solutions, has raised Euro 5 million in Series C funding from Espirito Santo Ventures. www.chipidea.com
GSC Group of Florham, Park, N.J. has closed its third distressed debt fund with $530 million in capital commitments. www.gsc.com
Industry Ventures, a San Francisco-based venture secondaries firm, has closed its fourth fund with $105 million in capital commitments. It also secured $15 million for a pair of co-investment vehicles. www.industryventures.com
Mike Feinstein has left Venrock Associates, where he had been a Cambridge, Mass.-based general partner since 2004. No word yet on his future plans. www.venrock.com
Lucid Information Technology Ltd., a Netanya, Israel-based developer of 3D graphics processing solutions, has raised $12 million in second-round funding, according to Globes Online. Intel Capital led the deal, and was joined by return backers Genesis Partners and Giza Venture Capital.
CorasWorks Inc., a Reston, Va.-based provider of workplace application software on the Microsoft SharePoint platform, has raised $4 million in second-round funding from Edison Venture Fund. The company had previously raised $3 million from Novak Biddle Venture Partners, Bonsal Capital and Isis Capital. www.corasworks.net