Harvest Power Inc., a Waltham, Mass.-based manager of food and yard waste composting facilities, has raised an undisclosed amount of VC funding from Waste Management Inc. (NYSE: WM). As part of the deal, existing Harvest Power shareholders Kleiner Perkins and Munich Venture Partners also increased their investments.
4 min read · 25 January 2010
ExteNet Systems Inc., a Lisle, Ill.-based network infrastructure company, has raised $128.4 million in new private equity funding. Soros Fund Management and SBA Communications were joined on the deal by return backers Centennial Ventures, Columbia Capital, Sevin Rosen Funds, CenterPoint Ventures and Palomar Ventures.
4 min read · 25 January 2010
1 min read · 25 January 2010
1 min read · 25 January 2010
AOL Inc. (NYSE: AOL) has acquired StudioNow, a Nashville, Tenn.-based provider of online video-creation services. The deal closed last week, and is valued at $36.5 million in cash and stock. StudioNow had raised $4.1 million in VC funding from Clayton Associates and Claritas Capital.
3 min read · 25 January 2010
5 min read · 25 January 2010
Coraid Inc., a Redwood City, Calif.-based developer of scale-out storage solutions, has raised $10 million in Series A funding. Allegis Capital and Azure Capital Partners co-led the round.
8 min read · 25 January 2010
Cymbet Corp., an Elk river, Minn.-based, has raised $31 million in third-round funding. Perseus LLC and Intel Capital co-led the round, and were joined by Texas Instruments and return backers Bekaert NV, Helmet Capital, Cedar Point Capital, The Dow Chemical Co. and The IGNITE Group. The company previously raised around $21 million.
5 min read · 25 January 2010
Sean Moriarty and Rajeev Chawla have joined Mayfield Fund as entrepreneurs-in-residence. Moriarty is the former CEO of CEO of Ticketmaster, while Chawla is the former CEO of Neopath Networks (acquired by Cisco).
2 min read · 25 January 2010
Jiangsu Chuangzhou CTC Technical Fabrics, a Chinese maker of glass fiber fabrics, has raised an undisclosed amount of first-round funding. WI Harper Group led the deal, and was joined by Shenzhen Capital Group Co., Changzhou Wujin Hongtu Venture Capital Co. and Changzhou Hongtu Venture Capital Co.
2 min read · 25 January 2010
