VCJ Staff

Insight Backs Latin American Social Gamer

Mentez, a publisher of social games for the Latin American market, has raised an undisclosed amount of equity funding from Insight Venture Partners.

Tektronix Communications Buying Arbor Networks

Tektronix Communications has agreed to acquire Arbor Networks, a Lexington, Mass.-based provider of network security and management solutions. No pricing terms of the all-cash deal were disclosed. Arbor Networks has raised around $34 million in VC funding, from Atlas Venture, Battery Ventures, Comcast Interactive Capital, Lightspeed Venture Partners, Flagship Ventures and Summerhill Venture Partners.

Russia In Talks for Plastic Logic Stake

Attero Raises $3.3 Million

Attero, a Noida, India-based developer of an e-waste recycling facility, has raised $3.3 million in Series B funding. Granite Hill India Opportunities Fund led the round, and was joined by return backers IndoUS Ventures and Draper Fisher Jurvetson. The company previously raised $6.3 million. www.attero.in

China-Singapore Digital Media Fund Launches

Gobi Partners and Singapore's Media Development Authority have formed a $74 million VC fund focused on digital media and IT startups in China and Singapore.

BringMeTheNews Raises $1 Million

BringMeTheNews, a Minneapolis-based online news producer and aggregator, has raised $1 million from The Dolan Co. and Padilla Speer Beardsley.

My Damn Channel Raises $4.4 Million

My Damn Channel, a New York-based online entertainment studio, has raised $4.4 million in Series B funding. Intuitive Venture Partners led the round, and was joined by return backers Okapi Venture Capital and Sunshine Wireless Company.

Basho Technologies Raises $2 Million

Basho Technologies Inc., a Cambridge, Mass.-based provider of distributed data store solutions, has raised $2 million in Series C funding from undisclosed angel investors.

Solazyme Raises $52 Million

Solazyme Inc., a South San Francisco, Calif.-based developer of biofuels through the use of microalgae, has raised $52 million in Series D funding. Morgan Stanley and return backer Braemar Energy Ventures co-led the round, and were joined by insiders Lightspeed Venture Partners, The Roda Group, Harris and Harris Group, VantagePoint Venture Partners, Zygote Ventures, CTTV Investments and San-Ei Gen. The company previously raised over $76 million.

MedWorks Raises $5 Million

MedNetworks Inc., a Newton, Mass.-based provider of technology for analyzing real-life social networks of physicians and patients, has raised $5 million in Series A funding from Excel Venture Management.