Human Resources

MOUNTAIN VIEW, CA — PlaceWare Inc., the leader in Web conferencing services for Internet-based business communications and collaboration, today announced it has raised more than $30 million in an over subscribed private placement financing. The funding will enable PlaceWare to widen its leadership in the market with its scalable and reliable web services platform. The […]

MENLO PARK, CA — Versant Ventures, an early- stage healthcare venture capital firm, announced today the closing of its $400-million Versant Venture Capital II fund, representing a significant increase over the firm’s initial $250-million fund. In addition, the firm announced the promotion of Camille Samuels Pearson to managing director. With the second fund’s closing, total […]

WALTHAM, MA

NEW YORK — INVESCO Private Capital, a New York-based venture capital and private equity firm, is pleased to announce the closing of the INVESCO Partnership Fund III, bringing to $2.0 billion the assets raised in limited partnerships since 1997. The INVESCO Partnership Fund III will make commitments of $300 million over the next two to […]

NEWTON UPPER FALLS, MA — Gazelle Systems, Inc. today announced a $3.25 million infusion of equity capital from Zero Stage Capital and Pennsylvania Early Stage Partners, a Safeguard Scientifics, Inc. (NYSE: SFE) affiliated private equity fund. Sodexho – a wholly owned North American subsidiary of Sodexho Alliance, the leading provider of food and facilities management […]

SAN FRANCISCO — Finaplex, the leading provider of enterprise software solutions for the wealth management industry, today announced that it has secured $17.1 million in a second round of equity financing. The company will use the proceeds to fund its aggressive market penetration and product development plans while continuing to provide outstanding support to new […]

ARLINGTON, VA — US Airways announced today that Rakesh Gangwal has resigned from his position as President and Chief Executive Officer of US Airways Group, Inc. and US Airways, Inc. Gangwal’s departure is based upon his decision to work in the field of private equity and venture capital. Private Equity Week has learned that Gangwal’s […]

PALO ALTO, CA — Skyline Ventures announced today that it has completed its final closing on $150 million in committed capital for its new fund, Skyline III and affiliated funds. The firm now has $250 million under management. Skyline’s funds focus exclusively on early stage investments in healthcare and life sciences companies. With the new […]

DUBLIN, IRELAND & RESTON, VA — Openet Telecom, the world leader in convergent mediation, today announced the completion of a $20 million equity fundraising with Benchmark Capital. This second-round funding will accelerate the company’s global expansion and allow foradditional sales and marketing programs to enhance the adoption of Openet’sflagship product, FusionWorks(TM), in its international market. […]

FORT LAUDERDALE, FL — Privately held Bioheart Inc. has received an equity investment from Getz Medical, a division of Getz Bros. & Co., Inc., a leading marketing and distribution organization in the Asia Pacific Region focused on medical technologies for cardiovascular disease. Bioheart and Getz Medical have also entered into a long-term marketing and distribution […]