Private Equity
Blue Cod Technologies, a Marlborough, Mass.-based provider of outsourcing and hosted policy administration services to the property and casualty insurance industry, has raised $8 million in new VC funding. General Electric Pension Trust led the round, and was joined by return backer Edison Venture Fund.
3 min read · 04 August 2010
RealPractice Inc., a Santa Ana, Calif.-based provider of legal technology products and services, has raised an undisclosed amount of new VC funding. Return backers include Rustic Canyon Partners and Miramar Venture Partners. The company previously raised over $5.5 million.
3 min read · 04 August 2010
1 min read · 04 August 2010
BoxTone, a Columbia, Md.-based provider of mobile service management software, has raised $7.5 million in Series B funding from Lazard Technology Partners.
4 min read · 04 August 2010
PerkinElmer Inc. (NYSE: PKI) has acquired VisEn Medical Inc., a Bedford, Mass.-based developer of fluorescence molecular imaging technology platforms. No financial terms were disclosed. VisEn had raised around $30 million in VC funding from Merck Capital Ventures, Flagship Ventures, Siemens AG Medical Solutions and Spinnaker Capital.
4 min read · 04 August 2010
Brightree LLC, a Duluth, Ga.-based provider of business management software for the medical equipment industry, has acquired Harrisburg, Penn.-based rival Computer Applications Unlimited. No financial terms were disclosed. Brightree is a portfolio company of Battery Ventures.
2 min read · 04 August 2010
Bipul Sinha has joined Lightspeed Venture Partners as a principal. He previously was a principal with Blumberg Capital.
1 min read · 04 August 2010
1 min read · 04 August 2010
3 min read · 03 August 2010
Limelight Networks Inc. (Nasdaq: LLNW) has acquired Delve Networks, a provider of cloud-based video publishing and analytics services. No financial terms were disclosed. Delve had raised over $6 million in VC funding from Band of Angels, DFJ Frontier, Labrador Ventures, Intel Capital and Middlefield Ventures.
3 min read · 03 August 2010