Bariatric Partners Inc., a Charlotte, N.C.-based developer of a chain of surgical facilities for those suffering from severe obesity, has raised $12 million in Series B funding, according to VentureWire. Frazier Healthcare Ventures led the deal, and was joined by return backers New Enterprise Associates and Woodbrook Capital. www.bariatricpartners.com
Waps.cn, a Chinese wireless application protocol company, reportedly has raised $8 million in first0-round funding from Sequoia Capital. www.waps.cn
Dhruva Interactive, a Bangalore, India-based interactive gaming company, is in talks to raise around $5 million in VC funding, according to The Economic Times. Among the possible deal leads is Clearstone Venture Partners. www.dhruva.com
Music Plus Television Network Inc., a Los Angeles-based music television network, has raised an undisclosed amount of first-round funding from Kenai Investment LLC. www.musicplustv.com
Tetraphase Pharmaceuticals Inc. of Newton, Mass., has secured $10.04 million of a $25.1 million Series A convertible participating preferred stock financing. MediPhase Venture Partners led the deal, with other backers including Skyline Ventures, Fidelity BioSciences, Flagship Ventures and CMEA Ventures. This item was first reported by PE Week Wire in August, with VentureWire today adding […]
OZ Communications, a Montreal, Canada-based provider of consumer mobile messaging solutions, has raised US$34 million in second-round funding. Caisse de d
LGC Wireless Inc., a San Jose, Calif.-based wireless networking company, has bought the Cellular Mobile business unit of Alvarion Ltd. (Nasdaq: ALVR) for approximately $15 million in convertible notes and the assumption of certain liabilities. LGC has raised around $78 million in total VC funding since its 1996 inception, from firms like Associated Venture Investors, […]
AlixPartners, a global turnaround consultancy based in Southfield, Mich., plans to open an office in India next year. www.alixpartners.com
Cobalt Technologies Inc., a San Jose, Calif.-based alternative energy startup, has secured $3 million of a $9 million Series B round led by VantagePoint Venture Partners, according to a regulatory filing. www.vpvp.com
KRG Capital Partners has sold FMI International LLC to Maritime Logistics US Holdings Inc. for over $100 million in cash and stock. FMI is a Carteret, N.J.-based logistics provider for the apparel, retail and footwear industries. www.fmiint.com