Huddle, a London-based company that creates online workspaces in the cloud, has raised $10.2 million in Series B funding. Matrix Partners led the round, and was joined by return backer Eden Ventures and company chairman Charles McGregor.
3 min read · 18 May 2010
NorthScale Inc., a Mountain View, Calif.-based provider of elastic data infrastructure software, has raised $10 million in Series B funding. Mayfield Fund led the round, and was joined by return backers Accel Partners and North Bridge Venture Partners.
4 min read · 18 May 2010
InnoGames, a Hamburg, Germany-based developer of free-to-play online games, has raised an undisclosed amount of VC funding from Fidelity Growth Partners Europe. This is FGPE's first investment out of a £100 million fund raised after Fidelity Ventures split into two firms (FGPE and Volition Capital).
2 min read · 18 May 2010
Caprotec Bioanalytics, a Berlin, Germany-based developer of capture compound mass spectrometry technology, has raised €4 million in Series B funding. Return backers include Creathor Venture, IBB Beteiligungsgesellschaft and ERP Startfonds.
3 min read · 17 May 2010
Harris Corp. (NYSE: HRS) has agreed to acquire SignaCert Inc., a Portland, Ore.-based provider of cyber solutions for government and commercial customers. No financial terms were disclosed. SignaCert has raised just over $27 million in VC funding from DCM, Garage Technology Ventures, Intel Capital, PacRim Venture Partners and SmartForest Ventures.
3 min read · 17 May 2010
XPI, an Ontario-based provider of online solutions for corporate disclosure research, has raised C$3 million in VC funding from existing shareholder BEST Funds.
4 min read · 17 May 2010
Bitstream Inc. (Nasdaq: BITS) has agreed to acquire the assets of Press-sense Ltd., an Israel-based provider of business flow automation systems. The deal is valued at $6.5 million in cash plus the assumption of certain liabilities. Press-sense has raised VC funding from firms like Evergreen Ventures.
6 min read · 17 May 2010
FirstMark Capital announced the creation of a seed investment program called FirstSteps. It also announced the program's first 10 investments: Ahalife, AppFirst, GoodCrush, NetComp, MarketFactory, MyCityWay, Packlate, Payoff, Pinterest and Turiya.
4 min read · 17 May 2010
Peg Jackson has joined Cava Capital as a managing partner. She previously was a managing director with NeoCarta Ventures, before which she was a VP of business development at NBC.
1 min read · 17 May 2010
Grockit Inc., a San Francisco-based online test prep school, has raised $7 million in third-round VC funding. Atlas Venture led the round, and was joined by return backers Benchmark Capital and Integral Capital Partners. The company previously raised around $10.3 million.
2 min read · 17 May 2010
