Peter Bell, a general partner with Highland Capital Partners, is relocating from the firm's Boston-area office to its Silicon Valley office. Bell joined the firm in 2006, and sits on the boards of Desktone, ExaGrid Systems, Gigamon, InXpo, Ocarina Networks, SCVNGR, Virtual Computer and VMTurbo.
3 min read · 04 June 2010
Firm58, a Chicago-based provider of post-trade management software for the financial services sector, has raised $7 million in Series C funding from returns backers New World Ventures and North Bridge Venture Partners. The company previously raised $12.2 million.
3 min read · 04 June 2010
Green Biologics, a UK-based developer of bio-butanol for biochemicals and biofuels, has raised £4.9 million in new VC funding. Capricorn Venture Partners led the round, and was joined by return backers Morningside Ventures, Carbon Trust Investment Limited and Oxford Capital Partners.
2 min read · 03 June 2010
Compact Power Motors GmbH, a German maker of compact electric power drives, has raised €5 million in VC funding. Environmental Technologies Fund led the round, and was joined by return backers Munich Venture Partners and KfW Bankengruppe.
3 min read · 03 June 2010
Marin Software, a San Francisco-based provider of paid search management applications for advertisers and agencies, has raised $11.2 million in Series D funding. Triangle Peak Partners led the round, and was joined by return backers Amicus Capital, Benchmark Capital, DAG Ventures and Focus Ventures. The company previously raised around $25 million.
3 min read · 03 June 2010
HauteLook, a members-only online shopping club, has raised $31 million in Series C funding led by existing shareholder Insight Venture Partners. J.P. Morgan advised HauteLook on the round, which followed a $10 million Series B deal also led by Insight.
3 min read · 03 June 2010
BookRenter, an online platform for renting textbooks, has raised $10 million in Series B funding. Norwest Venture Partners led the round, and was joined by return backers Storm Ventures and Adams Capital Management. BookRenter previously raised $6 million.
3 min read · 03 June 2010
LucidMedia, a Reston, Va.-based provider of an online advertising demand-side platform, has raised $4.5 million in venture debt funding led by MMV Financial. LucidMedia shareholders include Lake Street Capital, RLI Partners, Melton Investments, Redleaf Group and Milan Mandaric.
2 min read · 03 June 2010
EarlySense, an Israeli developer of a patient supervision system for hospital and post acute care, has raised $13 million in third-round funding. Pitango Venture Capital led the round, and was joined by return backers Etgar Challenge Fund, Proseed VC Fund, Docor International Management, Noaber and Bridge Investment. The company previously raised $9 million.
3 min read · 03 June 2010
3 min read · 03 June 2010