Human Resources

WALTHAM, MA — Revit Technology Corp. today announced it has secured $7 million in additional funding. Demand for Revit(TM) continues to grow, and with an overwhelming response to the coming release of Revit 4.0, Revit Technology will direct the additional funding to enhance its sales and distribution channels. Atlas Venture and North Bridge Venture Partners […]

PLANO, TEXAS — SyChip Inc, a fabless semiconductor company that designs, develops and markets Radio Frequency Integrated Circuits (RFIC) and Chip Scale Modules (CSM) for wireless Internet appliances, today announced it has closed the first part of its $20 million round of funding. SyChip announced that it has secured $15 million in equity financing and […]

BOCA RATON, FL — Medical Staffing Network Inc. (MSN), a leading provider of temporary nurses and staffing solutions for the healthcare industry, announced today that it completed the previously announced recapitalization of the Company led by the investment firm Warburg Pincus. MSN’s current major shareholders, including Navis Partners, Piper Jaffray Ventures, and management reinvested capital […]

SAN FRANCISCO — Televoke Inc., a telematics software notification, control, and tracking services company, announced today the closing of a $4 million extension to its second round of funding. Cardinal Venture Capital led the extension round, joined by existing investors SBVC (SOFTBANK Venture Capital) and the W.I. Harper Group. With this extension, Televoke has raised […]

ARLINGTON, VA — InfoCruiser, a software company that delivers better alternatives for scaling the performance of back-end systems, announced today that it has closed a Series B round of financing totaling $10.2 million to fund further product development and expansion of operations. Carlyle Venture Partners II, an affiliate of the Carlyle Group, the world’s largest […]

SAN JOSE, CA — 2Wire Inc., the leading provider of residential gateways, today announced the completion of its latest round of financing totaling $61 million, with co-lead investors Technology Crossover Ventures (TCV) and Oak Investment Partners. 2Wire has raised a total of $144 million in equity investments to-date since the company’s founding in July 1998. […]

NEW YORK — Clever Island, the fastest growing online educational service for children ages three to eight, today announced the completion of its third round of financing totaling $5 million. Coral Ventures, Montefiore Partners, and Poalim Capital Markets led the round with additional funding from previous investors. The financing, at a time when investor backing […]

DENVER — Wireless and supporting technologies venture capital firm iSherpa Capital has attracted more than national business plans and attention for wireless industries; they also have attracted one of the premiere wireless and technology executives in the country, Peter Mannetti. Mannetti announced today he has become the newest managing partner for iSherpa Capital, joining co-founders […]

NEWARK, NJ — For the second quarter in a row, annual returns for the U.S. venture capital and private equity industry were in negative territory, according to Venture Economics and the National Venture Capital Association. Venture Economics’ Private Equity Performance Index (PEPI) shows the preliminary one-year return for venture capital of -18.2% at the end […]

ADELAIDE, AUSTRALIA — Following Israel