Human Resources

KANSAS CITY – HandSignal Inc., a provider of wireless data delivery technology, today announced the closing of a $1.35 million Series A round of financing. The funds will be used to further enhance the product development efforts for INFOlaunch, HandSignal’s proprietary push wireless architecture solution, extend the sales and marketing of the company’s products, and […]

ATLANTA — Air2Web, a principal wireless platform provider, closed a round of $20 million in Series C funding and expects to close an additional $5 million in the next few weeks. Air2Web’s Mobile Internet Platform enables customers to extend enterprise applications to any digital wireless device including Short Message Service (SMS) and Web-enabled phones, personal […]

SANTA ROSA, CA – Fotiva Inc., a business dedicated to dramatically simplifying and improving consumers’ digital photography experience, today announces the company’s formation. Fotiva boasts a seasoned and accomplished management team led by CEO and former Intuit SVP, Jim Heeger; a top-notch engineering team with leading digital imaging expertise; and several pending patents. To date […]

BOSTON — Boston Millennia Partners is pleased to announce that Robert N. Merold has joined the firm as an Executive in Residence. Bob will support Millennia in sourcing and reviewing quality healthcare and life sciences information technology investment opportunities. Bob brings significant experience in the healthcare and technology sector. Prior to joining Millennia he was […]

LONDON — Kleinwort Development Fund PLC (KDF), an investment trust, and Dresdner Kleinwort Capital (DrKC), the private equity business of Dresdner Bank, are pleased to announce a new joint venture company, Kleinwort Capital Ltd. (The new joint venture arrangements and the intention of KDF to change its name to Kleinwort Capital Trust PLC are subject […]

GARDEN CITY, NY — CDKnet.com completed its second private equity financing. The transaction was entered intoo with Optical Systems, LLC, a company engaged in the design and development of optoelectronic devices for the marine safety marketplace. The technology is designed to spot floating hazards in and under the water and alert the driver of the […]

ALEXANDRIA, VA — Riptech Inc., the premier provider of scalable, real-time managed security services, today announced that it has received $21 million in funding, including a $18 million investment led by Broadview Capital Partners, a Silicon Valley based private equity investment firm. Existing investors Columbia Capital and Providence Equity Partners Inc. participated in the investment. […]

MILPITAS, CA — Corona Networks, the industry-leading developer of next-generation network-based edge aggregation and intelligent IP service platforms, today announced the closing of its third round of funding for $40 million, bringing its total capital raised to date to over $68 million. Merrill Lynch Ventures and New Enterprise Associates led the equity investment in this […]

NORTH ANDOVER, MA — Response Networks, Inc., the leading provider of proactive service level management solutions, today announced that it secured a fourth round of funding, closing $4 million now and an additional $1 million rolling close by year end. Lead investor Zesiger Capital Group LLC, a money management firm based in New York City, […]

PLANO, TX — Xalted Networks Inc., a provider of the industry’s first Universal Access Exchange (UAX) in the broadband access market, today announced that it has closed its Series A round of financing at $21 million. The round was led by BlueStream Ventures, Granite Ventures, Charter Ventures and Alliance Ventures. The Company is currently in […]