Human Resources

Get The Wire in your inbox each morning! Just send us an email. Acoustic Technologies Inc., a Mesa, Ariz.-based communications software provider, has raised $13.8 million in third round venture funding. Signature Capital led the oversubscribed deal. Cadent Holdings Inc., a New York-based provider of dental and orthodontic technologies, has raised $5.3 million in Series […]

Get The Wire in your inbox each morning! Just send us an email. The U.S. Army is following the CIA’s lead in forming its own venture capital fund. The new $25 million effort will be called the Venture Capital Initiative, and will invest in companies focused on  building lighter and more efficient power sources for troop […]

Get The Wire in your inbox each morning! Just send us an email. Ropes & Gray has combined forces with Reboul, MacMurray, Hewitt & Maynard, a New York-based law firm focused on private equity. The pairing, effective as of earlier this week, substantially increases Ropes & Gray’s New York office and adds significant depth to […]

Get The Wire in your inbox each morning! Just send us an email. Nanosys Inc., a Palo Alto, Calif.-based developer of nanotechnology-enabled systems, has raised $30 million in an ongoing round of Series B funding. New investors included CDIB BioScience Ventures, Chiao Tung Bank, China Development Industrial Bank, Harris & Harris, Lux Capital, Quanta Computer […]

Get The Wire in your inbox each morning! Just send us an email. ChipWrights Inc., a Newton, Mass.-based provider of digital signal processing technologies for digital imaging applications, has raised $18.2 million in third round funding at a post-money valuation of just over $33 million. Rock Maple Ventures led the round alongside fellow new investors […]

Get The Wire in your inbox each morning! Just send us an email. ARCH Venture Partners recently held an initial close on its sixth seed-stage fund, with $75 million in dry commitments from four returning investors. The Seattle-based firm’s overall marketing plan is to close on between $250 million and $350 million by year-end. PE […]

Get The Wire in your inbox each morning! Just send us an email. Alan Austin has agreed to join buyout shop Silver Lake Partners as managing director and chief operating officer. He had spent the past three years in a similar position with early-stage venture firm Accel Partners. Most of Austin’s duties at Accel will […]

Get The Wire in your inbox each morning! Just send us an email. Doug Brown, former president and CEO of Advent International, has been elected president and chief executive of water treatment and purification company Ionics Inc. (NYSE:ION). Brown stepped down from his lofty Advent post late last year when the firm abandoned its hierarchical […]

Get The Wire in your inbox each morning! Just send us an email. Rocket Network Inc., a San Francisco-based provider of online recording studios, has run out of cash and will shut its doors on March 31. The company had received just over $44 million of venture capital funding since being launched in early 1995. […]

Get The Wire in your inbox each morning! Just send us an email. UK retailer WH Smith has teamed up with private equity firm Cinven for a possible bid on the book publishing division of AOL Time Warner. No specifics were available, but the eventual sale could net AOL upwards of $400 million (although probably […]