Clifton Strain has joined CIT Group Inc. (NYSE: CIT) as a managing director in the firm's Sponsor Finance unit. He previously was with Wachovia Securities. www.cit.com
Takkle Inc., a New York-based online social network for high school sports, has raised an undisclosed amount of Series A funding from WMG Investments, Greycroft Partners and Jack Schneider (managing director of Allen & Co.). www.takkle.com
Modassir Choudhry and Robert Schrimpff have joined TVM Capital as a senior associate and associate, respectively. Choudhry will focus on life sciences, and is a board-certified cardiothoracic surgeon. Schrimpff will focus on technology, and previously was CEO of UK Internet consultancy NetXtra. www.tvm-capital.com
Robert Seery has joined GSC Group as a New York-based senior vice president in the firm's Structured Finance group. He previously was with International Asset Transactions as chief operating officer. www.gsc.com
Where Are You Now (WAYN), a London-based travel and lifestyle social network, has raised $11 million in Series A funding led by Esprit Capital Partners. www.wayn.com
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 […]