1 min read · 14 April 2010
Allylix, a San Diego-based developer of a green chemical platform, has raised $$3 million in new Series C funding. The round is not closed with a total of $9 million.Middleland Capital was joined by return backers Blue Grass Angels, Life Science Angels, Tech Coast Angels, Pasadena Angels and Tate & Lyle Ventures.
2 min read · 14 April 2010
Marketbright, a San Bruno, Calif.-based provider of an on-demand marketing automation platform, has raised an undisclosed amount of strategic funding from CDC Software Corp. (Nasdaq: CDCS). It previously raised funding from Greycroft Partners and Knight's Bridge Capital Partners co-led the round.
4 min read · 14 April 2010
ServiceMax, a Santa Clara, Calif.-based provider of field service management solutions via the cloud, has raised $8 million in Series B funding. Trinity Ventures led the round, and was joined by return backers Emergence Capital and Salesforce.com.
3 min read · 14 April 2010
LendingClub.com, a Sunnyvale, Calif.-based P2P lending network, has raised $24.5 million in Series C funding. Foundation Capital led the round, and was joined by return backers Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners. The company had previously raised over $22 million.
3 min read · 14 April 2010
BioSpace Med, a France-based orthopedic imaging company, has raised $18 million in new VC funding. CDC Entreprises was joined by return backers Edmond de Rothschild Investment Partners, Crédit Agricole Private Equity , UFG Private Equity, NBGI Ventures and COFA Invest. The company previously raised just under $30 million.
6 min read · 13 April 2010
Searchandise Commerce, an online media network for product manufacturers and their retail channel partners, has raised $7 million in second-round funding. Madrona Venture Group led the round, and was joined by return backers Capital Partners LLC, DFJ Gotham Partners, Draper Associates, Inflection Point Ventures, Milestone Venture Partners and Wheatley Partners. The company previously raised $7.5 million.
3 min read · 13 April 2010
Jafco Ventures has secured $100 million from Japanese parent company Jafco Co. Ltd., to capitalize its fourth fund. The Palo Alto, Calif.-based firm also has hired Paul Sallaberry, most recently an executive with Veritas Software, as a venture partner.
3 min read · 13 April 2010
SpaceClaim Corp., a Concord, Mass.-based 3D mechanical designer for the manufacturing industry, has raised $5 million in fourth-round funding. Return backers included Borealis Ventures, Kodiak Venture Partners, Needham Capital Partners, and North Bridge Venture Partners. The company previously raised $28 million.
3 min read · 13 April 2010
VM6 Software Inc., a Montreal-based developer of IT virtualization infrastructure software, has raised $4 million in Series A funding from RBC Venture Partners and Ignition Partners.
5 min read · 13 April 2010
