Criteo, a provider of personalized purchasing recommendations and online advertising, has raised $7 million in Series C funding led by Bessemer Venture Partners. The company previously raised $13 million from Index Ventures, AGF Private Equity and Elaia Partners. In other Criteo news, the company is relocating its headquarters from France to Silicon Valley.
3 min read · 07 May 2010
Harmonic Inc. (Nasdaq: HLIT) has agreed to acquire Omneon Inc., a Sunnyvale, Calif.-based provider of digital content storage and processing systems for media companies. The deal is valued at approximately $274 million, including $191 million in cash and 17.1 million Harmonic common shares. Omneon recently canceled a $115 million IPO, citing "current market conditions." It had raised around $100 million in VC funding since 1998, from firms like Norwest Venture Partners (16.1%), Accel Partners (16.1%), Advanced Technology Ventures (16.1%), Meritech Capital Partners (7.6%), Invesco Private Capital (6.5%) and Lucent Ventures (5.5%).
5 min read · 07 May 2010
1 min read · 06 May 2010
Enerkem Technologies Inc., a Montreal-based provider of synthetic gass and other alternative fuels, has raised C$3.35 million in funding from Alberta Energy. It will be used to help build a waste-to-biofuels plant in Edmonton. The company recently raised C$53.8 million from Waste Management, Rho Ventures, Braemar Energy Ventures, BDR Capital and Cycle Capital.
2 min read · 06 May 2010
GoTV Networks Inc., a Sherman Oaks, Calif.-based made-for-mobile television provider, has acquired the mobile application development unit of Hands-On-Mobile, a San Francisco-based mobile gaming publisher. No financial terms were disclosed. GoTV has raised over $29 million from Bessemer Venture Partners, Charles River Ventures, Motorola Ventures and Qualcomm Ventures. Hands-On Mobile has raised over $100 million from firms like Bessemer Venture Partners, General Catalyst Partners, eFund, Draper Fisher Jurvetson and Institutional Venture Partners.
3 min read · 06 May 2010
HelloWallet, a Washington, D.C.-based personal finance website, has raised $3.6 million in Series A funding. Grotech Ventures led the round, and was joined by Jean and Steve Case.
3 min read · 06 May 2010
International Battery, an Oakland, N.J.-based maker of large-format, rechargeable lithium-ion cells and batteries, has raised $35 million in Series C funding. The round was led by existing shareholder Digital Power Capital, an affiliate of Wexford Capital.
3 min read · 06 May 2010
Aepona, a Belfast, Ireland-based provider of software that enables "network-as-a-service" for mobile operators, has raised $10 million in new VC funding. BlackBerry Partners Fund led the round, and was joined by return backers Amadeus Capital Partners, Polaris Ventures, Innovacom, Nordic Venture Partners and Sutter Hill Ventures.
4 min read · 06 May 2010
Newsy, a Columbia, Mo.-based video news service that analyzes and highlights key differences in reporting, has raised $2 million in second-round funding from individual angels.
2 min read · 05 May 2010
Schrödinger Inc., a New York-based provider of chemical simulation for pharma and biotech research, has raised $10 million in equity funding from Cascade Investment LLC, an investment vehicle owned by Bill Gates.
1 min read · 05 May 2010
