Private Equity
DCM announced that it has raised $400 million for its sixth venture capital fund, and a RMB 200 million (approx $30m) side-fund. The firm previously raised $505 million for its fifth fund in 2005. In other DCM news, the firm has added Sling Media co-founder Jason Krikorian as a general partner. It also promoted Tokyo-based Osuke Honda to partner.
3 min read · 21 July 2010
Actifio, a Waltham, Mass.-based provider of data management virtualization, has raised $8 million in Series A funding co-led by North Bridge Venture Partners and Greylock Partners.
3 min read · 21 July 2010
3 min read · 20 July 2010
Founders Fund has closed its third fund with $250 million in capital commitments. The San Francisco-based firm had raised $220 million for its second fund in 2007, and $55 million for its debut vehicle in 2005.
3 min read · 20 July 2010
Pantech Biosolutions AG, a Liechtenstein-based developer of transdermal delivery solutions for large-molecular weight drugs, has raised CHF20 million($19m) led by StemCell Holding AG. The company previously raised CHR 6.3 million in Series A funding led by Gamma Capital Partners.
3 min read · 20 July 2010
Atheros Communications Inc. (Nasdaq: ATHR) has agreed to acquire Opulan Technologies Corp., a Chinese fabless semiconductor company focused on passive optical networking and broadband access aggregation. The deal is valued at $72 million in cash, plus possible cash earn-outs. Opulan has raised VC funding from firms like AsiaVest Partners, Acorn Campus, KLM Capital Group and Transwitch Corp.
3 min read · 20 July 2010
Dell Inc. (Nasdaq: DELL) has agreed to acquire Ocarina Networks, a San Jose, Calif.-based developer of online storage optimization solutions. No financial terms were disclosed. Ocarina had raised around $31.3 million in VC funding from Jafco Ventures, Kleiner Perkins Caufield & Byers and Highland Capital Partners.
3 min read · 20 July 2010
1 min read · 20 July 2010
1 min read · 20 July 2010
DiagnosisONE, a Nashua, N.H.-based provider of clinical decision support solutions, has raised $5 million from Edison Venture Fund.
3 min read · 20 July 2010
