WASHINGTON DC –The Grosvenor Funds, a Washington, DC-based early stage venture capital firm, announces that Steven J. Bottum, formerly a partner with Thomas Weisel Partners, has joined The Grosvenor Funds as a Managing Partner and head of The Grosvenor Funds
PRINCETON, NJ — Qusion Technologies, an optical component manufacturer aiming at monolithic integration of all optical components on a single chip, announced today that it had closed its first round of venture capital funding. The $9.25 million raised in this first round will enable Qusion to accelerate development and production of its integrated components fabricated […]
SEATTLE & MENLO PARK, CA — Mohr, Davidow Ventures (MDV), an early stage venture capital firm recognized by entrepreneurs for its formative hands-on guidance, today announced the addition of Bill Gossman as a venture partner in MDV’s Pacific Northwest office. Gossman will apply his extensive corporate and startup experience to help grow and develop MDV’s […]
SOMERSET, NJ — Dynamic Mobile Data Systems, Inc. (DMD), a leading wireless application service provider, announced today that it has raised $10 million in series B equity financing. New investor Hudson Ventures led the round, which also included new investor LibertyView Equity Partners and previous investors Argentum Capital Partners, First Analysis and individual investors. The […]
SAN FRANCISCO — Chevron Technology Ventures LLC (CTV) today announced it has launched CTV II, a $100 million capital fund to invest in early to mid-stage companies and in limited partnership funds. Investments from CTV II will center on companies developing technologies that enable interaction of physical devices and information networks. Investments will focus on […]
PASADENA, CA — Nanostream Inc., a leading technology company in the emerging field of microfluidics, today announced the completion of a series B round of financing. The round was led by Techno Venture Management (TVM) and AGTC Funds. Also participating were Shamrock Capital and series A investors. DALLAS — NetCommerce, Inc. announced that Commodore Ventures […]
BOTHELL, WASH — Optical networking components developer Lumera Corp., a subsidiary of Microvision, Inc. (Nasdaq: MVIS), announced today that it will complete a $24 million round of financing led by Cisco Systems, Inc. Lumera is developing a new generation of unique active and passive components for optical networks that are expected to deliver increased bandwidth […]
LONDON – Parc Technologies Limited, the UK-based company that develops application software for planning, optimising and managing telecommunications networks, today announced that it has received
NEEDHAM, MA — SHYM Technology Inc., provider of plug-in security and trust management solutions for critical business applications, today announced the completion of its Series C funding, which raised $17.75 million in new capital for company operations. 3i Technology Partners led the investment, with participation from previous investors Venrock Associates, North Bridge Venture Partners, and […]
SACRAMENTO, CA — The California Public Employees’ Retirement System (CalPERS) today approved a $500 million investment in California Emerging Ventures (CEV), an investment vehicle that targets venture capital investments. The pension fund also voted to increase its exposure to high yield bonds to a maximum of 10 percent of the Fund’s domestic fixed income portfolio. […]