Pequot Capital has secured $183 million in capital commitments for its fourth private equity fund, according to a regulatory filing. The fund's target is $200 million, with limited partners including The State of Michigan, Erie Insurance Exchange and GE Pension Trust. Benedetto, Gartland & Co. is serving as placement agent. www.pequotcap.com
WebTrends Inc., a Portland, Ore.-based provider of Web analytics, has acquired ClickShift Inc., a San Bruno, Calif.-based provider of online advertising optimization solutions. No financial terms were disclosed. WebTrends is owned by Francisco Partners. ClickShift raised $6 million in Series A funding earlier this year from El Dorado Ventures and U.S. Venture Partners. www.webtrends.com www.clickshift.com
Liquavista BV, a Dutch fables display manufacturer, has raised Euro 12 million in Series A funding co-led by Amadeus Capital Partners and GIMV. New Venture Partners, which led the spinout of Liquavista from Philips Research in April, also participated. www.liquavista.com
OrthoMimetics Ltd., a UK-based medical device spinout from the Cambridge-MIT Institute, has raised Gbp5 million in Series A funding. Participants include Oxford Capital Partners, Schroders Investment Management, Sloane Robinson Private Equity and an unnamed I-bank. OrthoMimetics is developing off-the-shelf products to improve the efficacy of first-line surgical procedures for the regenerative repair of defects in […]
Redfern Integrated Optics Inc., a Santa Clara, Calif.-based maker of optical transmitters for the telecommunications, data transmission and other markets, has raised $7 million in new venture capital. A regulatory filing indicates that the deal is a Series A-1 recap. Backers include TMT Ventures, Tallwood Venture Capital and Jolimont Capital. The company previously had raised […]
MontaVista Software Inc., a Santa Clara, Calif.-based provider of Linux operating systems and development tools, has raised $21 million in new venture capital funding. Siemens Venture Capital led the deal, and was joined by NEC, Alloy Ventures, US Venture Partners and Aplix. The company has raised over $90 million in total VC funding since its […]
ImaRx Therapeutics Inc., a Tucson, Ariz.-based drug company using nanotech therapies for stroke and cancer, has withdrawn registration for a $75 million IPO, due to “unfavorable market conditions.” It had planned to trade on the Nasdaq, with CIBC World Markets serving as lead underwriter. Edison Moore Healthcare Ventures is a 7% stakeholder. www.imarx.com
Key Principal Partners has closed its third fund with $500 million in capital commitments. The Cleveland-based firm makes non-control mezzanine and control equity investments in middle-market companies. www.keyprincipalpartners.com
Jason Calcanis has joined Sequoia Capital as an “entrepreneur-in-action” (a.k.a. entrepreneur-in-residence), as first reported by TechCrunch. He recently resigned as general manager of AOL Netscape, which had bought his company Weblogs. He previously published the now-defunct Silicon Alley Reporter magazine. www.sequoiacap.com
Aureos Capital plans to double its capital under management from $600 million to $1.2 billion by 2008/2009. The London-based private equity firm focused on unlisted mid-market companies in Asia, Africa and Latin America. Among the new fund efforts will be a $120 million Central Asia Fund (first close in Q1 2007) and a $300 million […]