WILLIAMSTOWN, MA — The managers of The Berkshires Capital Investors, a venture capital firm based here with $21MM under management, and Village Ventures, Inc. will collaborate to establish an early-stage venture capital fund to invest in companies in the Capital Region of New York state. BCI fund managers Russ Howard and Brad Svrluga said they […]
IRVINE, CA — Micro Therapeutics Inc. (Nasdaq: MTIX) announced today that it has received a $56 million financing commitment from Micro Investment LLC, a limited liability company managed by Warburg, Pincus Equity Partners, L.P. This financing will support Micro Therapeutics’ (MTI) ongoing clinical, marketing and new product development programs, principally for the company’s innovative Onyx(TM) […]
SUNNYVALE, CA — Barcelona Design Inc., the premier supplier of mixed-signal IP for SoC (System-on-a-Chip) design, announced today that it has signed an investment agreement with Sequoia Capital and has received an investment of $11 million in its second round of equity financing. Sequoia Capital led the round joined by earlier investors Crosslink Capital and […]
CALGARY, ALBERTA — Megawheels Inc., the global leader in technology-driven, Web-to-print publishing solutions for the newspaper advertising sector, today announced that it has completed its previously announced $5 million financing. Total funds raised in this financing equal $5,015,000. Led by the U.S. venture capital group Venture Investment Management Company LLC (VIMAC) of Boston, Massachusetts, the […]
LONDON — EON Communications, a new broadband communications company, today announces that it has secured
BOSTON
NEW YORK — INVESCO Private Capital, a New York-based venture capital firm, is pleased to announce the closing of the EuroMedia Venture Fund, a $150 million strategic fund focused on early- and expansion- stage venture investments in the information technology, communications, broadband infrastructure, and global commerce industries. The Fund is part of INVESCO Private Capital’s […]
DENVER — TViFusion Inc. a new media company formed to provide outsourced services (including affiliate sales, advertising sales, technology services and distribution) to start-up and early stage digital television channels, announced today that it has secured a $10 million funding commitment from Warburg Pincus. SOUTHBOROUGH, MA — SANgate Systems today announced that it has raised […]
BOSTON — Corechange Inc., a global provider of e-access framework software, today announced that it has raised $25 million in a Series C equity financing. Founded in 1996, privately held Corechange has raised $65 million to date and plans to use the funds raised in this financing round to expand its business and accelerate its […]
BALTIMORE — Sterling Venture Partners, an early-stage venture capital fund targeting telecommunications, information technology, business services, e-commerce, education and healthcare technology, today announced that Brian Hirsch has joined the firm as a principal. Sterling managing partner Eric Becker said Hirsch would work out of the firm’s Chicago office for several months before relocating to the […]