Q3 Venture Capital Totals: Venture Capitalists invested $6.2 billion in 797 deals in Q3 of 2006, a decrease of eight percent from Q2, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data by Thomson Financial (publisher of PEW Wire ). The quarter saw increased investment in seed and […]
Jingle Networks Inc., a Menlo Park, Calif.
Miasole Inc., a Santa Clara, Calif.-based developer of thin-film solar cells, has raised $35 million in Series C funding, according to VentureWire. No participant information was disclosed, although the company previously had raised over $21 million from firms like Kleiner Perkins Caufield & Byers, Bessemer Venture Partners and VantagePoint Venture Partners. www.miasole.com
Action Pharma AS, a Swedish drug company focused on cardiovascular diseases and diabetes, has raised �6 million in first-round funding. The deal also includes an option for an additional �3 million. Backers include InnovationsKapital, Growth Foundation and Incuba Ventures. www.actionpharma.com
CMP Therapeutics Ltd., an Oxford, UK-based developer of treatments for such conditions as asthma and hay fever, has closed its Series A funding with
Jellyfish.com, a Madison, Wis.-based comparison shopping search engine, has raised $5 million in VC funding from Kegonsa Capital Partners and Clyde Street Investments. www.jellyfish.com
Optium Corp., a Chalfont, Pa.-based maker of optical subsystems for use in telecom network systems, priced 5.2 million common shares at $17.50 per share ($13.50-$15.50 range), for an IPO take of approximately $91 million. It will trade on the Nasdaq under ticker symbol OPPTM, while Credit Suisse and Morgan Stanley served as co-lead underwriters. Optium […]
LHS AG, a German provider of telecom customer care and billing systems, priced 4.6 million primary shares at
SGS International Inc., a Louisville, Ky.-based provider of graphics and packaging services, has acquired two companies: The Box Room Ltd., a UK-based artwork and project management services company; and the packaging division of Lukkien Foto & Design BV, a Netherlands-based media and advertising services company. No financial terms were disclosed. SGS is a portfolio company […]
Capgemini, a France-based provider of tech consulting and outsourcing, has agreed to acquire Kanbay International (Nasdaq: KBAY), a Rosemont, Ill.-based provider of IT services for the financial services market. The total deal is valued at $1.25 billion, with Kanbay shareholders to receive $29 per share in cash. Kanbay went public in 2004, but VC backers […]