VCJ Staff

Financial Transaction Services Secures $50 Million Investment From FTV Capital

Financial Transaction Services LLC secured a $50 million growth equity commitment from FTV Capital. FTV is the first institutional investor for the provider of electronic transaction processing services.

Cint Lands $13M from Prime Technology Ventures and Others

SVB Financial Group Prices $350 Million, 5.375% Senior Notes Offering

Conviva Closes $15 Million Series C Funding Round

Conviva Inc. has closed a $15 million Series C round of funding. The San Mateo, Calif.-based provider of streaming solutions has raised a total of $44 million since its launch in 2006. GGV Capital led the financing round. Foundation Capital, New Enterprise Associates and Pelion Venture Partners are all returning investors.

SpringCM Gets $15 Million In Financing

SpringCM secured $15 million in financing. It plans to use the capital to develop its cloud enterprise content management platform and solutions. The financing round includes existing investors Foundation Capital and North Bridge Venture Partners. Silicon Valley Bank is a new investor in the San Mateo, Calif.-based provider of on-demand document management and workflow solutions.

Guided Therapeutics Completes $3 Million Private Financing

Guided Therapeutics Inc. completed a private financing of about $3 million. The Norcross, Ga.-based company has develops devices that detect diseases on a cellular level. It issued 3.77 million shares priced at 81 cents each. PIPEWire reported that Financier George Landegger and his affiliate Whittemore Collection Ltd. was the investors.

Cint AB Gets $13 Million In Growth Capital Investment

Cint AB received $13 million in growth capital. The investment in the Stockholm-based software company was led by Prime Technology Ventures. Creandum (an existing investor) participated in the funding round.

Extole Closes $5 Million Series A Round Led By Trident Capital

Extole closed a $5 million Series A round of funding. The round was led by Trident Capital. Redpoint Ventures and Norwest Venture Partners also participated. Extole plans to use the capital to grow the team and to expand its social marketing platform to meet demand. Inaddition, the company completed the rebranding of TellAPal to Extole.

Grid2Home Closes Seed Funding Round LedBy Granite Ventures, Names Rasor Chairman

Grid2Home, developer of Smart Energy G2H-SE2 Software, completed a round of seed funding. The financing was led by Granite Ventures. Grid2Home plans to use the capital to customize its G2H-SE2 software for multiple platforms and to expand its business across the Smart Grid HAN ecosystem. Grid2Home Doug Rasor as chairman and Rick Kornfeld as president and CEO.

SG Biofuels Closes Series A financing Round With $9.4 Million

SG Biofuels Inc. closed a Series A financing round with $9.4 million. Flint Hills Resources LLC and Life Technologies Corp. participated in the funding of the Encinitas, Calif.-based bioenergy crop company.