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VCJ Staff

Globespan, DFJ, Madrona Back Redfin Corp.

Redfin Corp. has raised $14.8 million from investors including Globespan Capital Partners, Madrona Venture Group, Vulcan Capital, Draper Fisher Jurvetson and Greylock Partners. The newest round brings Redfin’s total funding to nearly $46 million. The company will use the infusion to launch its technology-powered real estate brokerage in new cities and to deepen its investment in research and development.

3 min read · 28 October 2011

VCJ Report: NewMe Accelerator, MC Hammer and Magic Johnson Helping Drive Black Innovation: UPDATED

2 min read · 28 October 2011

OPIC Board Approves $285M for Six Funds

4 min read · 27 October 2011

ConnectEDU Closes $10M

ConnectEDU Inc., a provider of web-based college and career access tools, has raised $10 million in new equity financing. Existing shareholder Allen & Co. led the round, which will be used for expansion and acquisitions. ConnectEDU has offices in Hoboken, N.J., and Austin, Texas.

2 min read · 27 October 2011

4INFO Nets $14M in VC

Mobile advertising and media company 4INFO has raised $14 million in fresh capital from Paul G. Allen's Vulcan Capital, Mitsui Global Investment, and existing investors Draper Fisher Jurvetson, Gannett, Mezzanine Capital and U.S. Venture Partners. The money will be used for expansion of the company's AdHaven platform.

4 min read · 27 October 2011

iDevices Inks $150,000 in "Pre-Seed" Financing

iDevices, a Canton, Conn.-based developer of products that connect wirelessly to smart phones, tablets and computers, has sealed $150,000 in “pre-seed” financing from Connecticut Innovations. iDevices’ first product is called the “iGrill,” and is designed to be a grilling and cooking thermometer and application for Apple products, including iPod Touch, iPhone and iPad.

4 min read · 27 October 2011

Runa Capital Backs ThinkGrid

Runa Capital, a venture capital firm with offices in Moscow and Berlin, has put an undisclosed amount into ThinkGrid. ThinkGrid’s platform is designed to enable value-added Distributors, MSPs and value-added resellers to become cloud service providers, the company said. ThinkGrid was formed in 2008 and is based in the U.K.

4 min read · 27 October 2011

Selecta Biosciences Seals Up to $47.25M

Watertown, Mass.-based Selecta Biosciences Inc. has closed on up to $47.25 million financing round from investors including RUSNANO, a $10-billion Russian Federation fund. The funding will be used for research and development efforts around the company’s vaccines and immunotherapies. Selecta’s financing breaks down into a $22 million Series D, and additional funding up to $25.25 million for strategic activities in Russia, the company said.

5 min read · 27 October 2011

YCD Multimedia Buys VC-backed C-nario

YCD Multimedia has acquired C-nario, a venture backed maker of high-end digital signage. Terms of the sale were not released. The company also announced, however, that it had closed on $6 million in new fundraising from investors including Carmel Ventures, Opus Capital, Pitango Venture Capital and Plenus. C-nario is backed by Carmel Ventures and Opus Capital. YCD is backed by Pitango Venture Capital, Plenus, Arts Alliance Digital Ventures, and others.

4 min read · 27 October 2011

Prysm Raises $100M in New Funding

Prysm, which develops laser phosphor digital displays, revealed Thursday that it had raised $100 million in new funding, bringing its total raised to more than $135 million. The San Jose, Calif.-based company is backed by investors including Artiman Ventures and Partech International. Prysm did not reveal details of its latest funding round, or name additional investors in the company.

3 min read · 27 October 2011

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