Private Equity
Access Northeast, a data center and managed service provider, has acquired the hosting division of Waterbury, Conn.-based RezZiliant Inc. No financial terms were disclosed. Access Northeast is a portfolio company of Spring Capital Partners and BCA Mezzanine Fund.
3 min read · 23 June 2010
Scientific Conservation Inc., a provider of energy efficiency solutions and system optimization for the commercial building market, has raised $9 million in Series A funding. Backers include Draper Fisher Jruvetson and The Westley Group.
2 min read · 23 June 2010
Resonate Networks, a Reston, Va.-based developer of marketing solutions for reaching consumers based on their values and attitudes, has raised $5 million in Series A funding co-led by Greycroft Partners and iNovia Capital.
3 min read · 23 June 2010
Brand.net, a San Mateo, Calif.-based online display and video advertising platform, has raised $14 million in Series C funding. Focus Ventures led the round, and was joined by return backers Norwest Venture Partners and InterWest Partners. The company has now raised $27 million.
3 min read · 23 June 2010
Nereus Pharmaceuticals Inc., a San Diego-based drug developer that uses marine microbial sources, has raised $20 million in new VC funding. HBM BioVentures led the round, and was joined by Alta Partners, Forward Ventures, Gimv, Advent International, Pacific Venture Group, Roche Venture Fund and Astellas Venture Management. The company has raised over $145 million in total VC funding since 1998.
4 min read · 23 June 2010
Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has Breach Security, a Carlsbad, Calif.-based provider of provider of web application firewall technology. No financial terms were disclosed. Trustwave raised $10 million from FTV Capital in 2004, while Breach Security raised over $48 million from firms like Evergreen Venture Partners, Enterprise Partners Venture Capital and Sid R. Bass Associates. VentureWire reports that Sid R. Bass Associates was the only remaining VC shareholder in Breach Security, having bought out both Evergreen and EPVC.
4 min read · 23 June 2010
IGNIA Fund, a venture capital firm focused on Mexico and the rest of Latin America, has closed its debut vehicle with $102 million in capital commitments.
2 min read · 23 June 2010
Shasta Ventures has promoted Sean Flynn to the position of principal. He joined the firm in 2008 as a senior associate, and has worked on such investments as Smule, Gowalla and Demdex.
2 min read · 23 June 2010
Recurve, a San Francisco-based provider of software and services for the home performance industry, has raised $8 million in Series B funding. Lowe's Companies Inc. (NYSE: LOW) was joined by return backers RockPort Capital Partners and Shasta Ventures.
3 min read · 23 June 2010
3 min read · 23 June 2010
