Luisa Beltran

Benu Networks raises $26.6 Mln

Benu Networks said Tuesday it raised $26.6 Million in Series B funding led by Sutter Hill Ventures. Existing investors Spark Capital and Comcast Ventures also participated. Billerica, Mass.-based Benu, according to its website, provides solutions for fixed and mobile operators to augment their networks.

Clearlake Closes buy of Futuris Automotive

Clearlake Capital Group said Tuesday it has completed its buy of Futuris Automotive from Elders Limited. The transaction was announced in July. Futuris, of Melbourne, designs and makes seating and interior systems for OEMs.

The Riverside Company Buys Rutland Plastic

Graycliff Partners has sold Rutland Plastic Technologies to The Riverside Company. Financial terms weren't announced Pineville, N.C.-based Rutland designs and makes screen inks for the global textile industry and supplies plastic coatings for commercial and industrial applications.

DFW Capital puts SoftWriters on the block

DFW Capital Partners, which is currently out fundraising for its fourth fund, has put SoftWriters up for sale, banking and private equity sources said.

Shamrock Capital to sell Learfield to Providence Equity

Providence Equity Partners has agreed to buy a majority stake in Learfield Communications. Financial terms weren't announced. Shamrock Capital Advisors is the seller. Jefferson City, Missouri-based Learfield manages the athletic multimedia rights for more than 50 collegiate institutions and associations through its Learfield Sports operating unit.

Kelso to buy stake in merged Progressive Med, PMSI

Progressive Medical and PMSI are merging. Kelso & Company will have a significant ownership stake in the combined company. Financial terms weren't announced. StoneRiver Group, the seller, will continue to have a stake. Westerville, Ohio-based Progressive Medical provides workers' compensation pharmacy benefits and ancillary services. PMSI, of Tampa, provides is focused on workers compensation and provides cost containment across the claims lifecycle.

Easic Raises $23.5 Mln

Easic Corp. has closed $23.5 million in growth capital financing from Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners. Santa Clara, Calif.-based Easic makes semiconductors.

D’Agosta Joins MetLife

Nela D’Agosta has joined MetLife as an MD of marketing and investor services for the private capital investors group of MetLife Investment Management. Most recently, D’Agosta was at Goldman Sachs Asset Management where she was a senior relationship manager and, before that, the Global Head of Insurance Client Relationship Management.

Prudential Provides $10 Mln to LeapFrog Fund II

The Social Investments Program at Prudential has invested $10 million in LeapFrog Investment's second fund. Earlier Monday, LeapFrog said it has raised an initial $204 million for its second pool.

SourceAudio Raises $1.2 Mln

SourceAudio has secured $1.2 million in seed funding led by Emerson Investment Group. SourceAudio, of Los Angeles, is a music licensing search and distribution platform.