VCJ Staff

Maxim Acquires Privately Held Phyworks for $72.5M in Cash

Steve Schultz, Head of Yahoo! Finance, Heads to Pageonce as New COO

DataSphere Technologies Secures $10 Million Via Series C Funding

DataSphere Technologies raised a $10 million series C round of funding led by OVP Venture Partners. DataSphere is a Web technology and hyperlocal ad sales company.

Socowave Secures €3Million Via Series A Round

Socowave secured €3 million from a Series A investment. The round led by Balderton Capital. Socowave is a Dublin-based developer of wireless access systems for mobile communications. It plans to use the capital to accelerate development of its technology. Barry Maloney, a partner at Balderton Capital, will join Socowave’s board.

Matrix Hires Vincenzo Narciso as Partner in the Private Funds Group

Matrix hired Vincenzo Narciso as a partner in its private funds group, where he will focus on both originating and raising capital for international private equity and venture capital funds. Prior to joining Matrix, Narciso was head of UBP Private Equity activities.

G Square Invests €15 Million in Dental Services Provider In Switzerland

G Square, a Paris-based private equity shop that is focused on health care companies, invested €15 million in Zahnarztzentrum.ch, which is a dental services in Switzerland. Zahnarztzentrum.ch operates 10 dental service centers and is expected to generate sales around €28 million in 2010.

Clairvest Group, Clairvest Equity Partners III Reorganizes Chilean Investments

Clairvest Group Inc. sold Casino Marina del Sol, Latin Gaming Chile S.A. and Latin Gaming Osorno S.A. at original cost to a Chile Holdings for $15.9 million and a 35.6 percent stake in the new holding company. Additionally, Clairvest Equity Partners III LP sold its investment in Casino Marina del Sol to Chile Holdings at cost and received a 40.9 percent in the holding company.

Careerminds Lands $800K Series A Led by Innovation Ventures

Expensify Secures $5.75M Series A Led by Redpoint Ventures

Row 44 Inc. Picks Up $37 Million Via Series B Funding

Row 44 Inc. secured $37 million from investors through a Series B Funding round. The Westlake Village, Calif.-based provider of Internet connectivity services for airline passengers. The latest round includes participation by two new institutional investors along with PAR Capital Management, which led Row 44's $21 million Series A investment round.