Parallels, a Switzerland-based provider of cloud services enablement, has raised an undisclosed amount of VC funding from Bessemer Venture Partners and Russia Partners, an affiliate of Siguler Guff & Co.
2 min read · 19 February 2010
EveryScape Inc., a Waltham, Mass.-based developer of a virtual online experience of actual metro, suburban and rural areas ("The Real World Online"), has raised $6 million in Series C funding. SK Telecom Americas led the round, and was joined by return backers Dace Ventures and Draper Fisher Jurvetson.
3 min read · 19 February 2010
Altitude Capital Partners has sold the entire patent portfolio of Saxon Innovations LLC to Norman IP Holdings LLC and RPX Corp. No financial terms were disclosed. Saxon was formed in August 2007 to buy around 180 patents from Legerity Corp., which previously was a spinout from AMD Corp.
2 min read · 19 February 2010
Clicker Media Inc., a Los Angeles-based creator of a programming guide for Internet television, has raised $11 million in Series B funding. Jafco Ventures led the round, and was joined by return backers Benchmark Capital and Redpoint Ventures.
3 min read · 18 February 2010
Battery Ventures has agreed to sell Nova Analytics Corp., a Woburn, Mass.-based provider of lab and field equipment for electrochemical measurements, to ITT Corp. (NYSE: ITT). No financial terms were disclosed, except that Nova has annual revenue in excess of $160 million. Battery acquired Nova Analytics in 2003, and has since helped the company make nine acquisitions.
3 min read · 18 February 2010
Dukky LLC, a New Orleans-based direct response company that uses social sharing technology, has raised an undisclosed amount of second-round funding led by LongVue Capital. It has raised a total of $3 million to date.
3 min read · 18 February 2010
Grotech Ventures has promoted Lawson DeVries to principal. He joined the firm in 2005 as a principal and was named a vice president three years later.
2 min read · 18 February 2010
Eleutian Technology LLC, a provider of online English education to students in Asia, has raised $10 million in growth equity funding from Cheyenne Capital Fund. Bob Grady of Cheyenne will take a board seat.
2 min read · 18 February 2010
Effective Measure, an Australian developer of online audience measurement solutions, has raised US$4 million in Series A funding from Rho Ventures.
3 min read · 17 February 2010
ecoATM, a San Diego-based provider of automated systems for recycling consumer electronics, has raised an undisclosed amount of first-round funding led by Tao Venture Partners. Also participating was Coinstar founder Jens Molba, who has joined ecoATM's board of directors
3 min read · 17 February 2010
