Orbis Education, an Indianapolis-based provider of nursing education services, has raised $8 million in Series B funding led by Lightspeed Venture Partners. The company "works with colleges and universities to develop online nursing programs, recruit new qualified students, and manage the delivery of these programs."
3 min read · 19 January 2010
BOKU Inc., a San Francisco-based provider of a payment service for those making purchases of digital and virtual goods with their mobile phones, has raised $25 million in Series C funding. DAG Ventures led the round, and was joined by return backers Benchmark Capital, Index Ventures and Khosla Ventures. The company raised a $13 million round last June.
3 min read · 19 January 2010
1 min read · 19 January 2010
IkaSystems Corp., a Southborough, Mass.-based provider enterprise-level, Web-based technologies for the healthcare payer market, has raised an undisclosed amount of funding from Essex Woodlands Health Ventures. This follows a previously-announced investment from Providence Equity Partners. VentureWire reports that the two investments totaled $120 million.
4 min read · 19 January 2010
Tradoria, a German developer of ecommerce solutions for small and mid-sized merchants, has raised €2 million in Series B funding. Seventure Partners led the round, and was joined by DuMont Venture.
2 min read · 19 January 2010
2 min read · 19 January 2010
Masdar and Deutsche Bank have held a $265 million first close on a fund that will invest in expansion-stage and late-stage cleantech and renewable energy companies. Limited partners include Siemens, Japan Oil Development Co., Nippon Oil Corp., Development Bank of Japan and GE.
3 min read · 18 January 2010
1 min read · 18 January 2010
Fisker Automotive, an Irvine, Calif.-based electric vehicle maker, has raised $115.3 million in new VC funding. Backers include A123 Systems, Ace Investments and Kleiner Perkins Caufield & Byers. Lithium-ion battery maker A123 yesterday announced that it would invest $23 million, and provide power packs for a rechargeable luxury car being launched later this year (Fisker Karma). Fisker previously raised more than than $160 in VC funding, from firms like Kleiner Perkins, Eco-Drive (Capital) Partners, Palo Alto Investors and Al Ghaffara Investment Co. It also recently secured a $528 million low-cost loan from the Department of Energy, which was conditioned on the company raising additional private equity.
3 min read · 15 January 2010
E*Trade Financial has acquired Cake Financial Inc., a San Francisco-based provider of a free online social network for individual investors. No financial terms were disclosed for the deal. Cake had raised a small amount of VC funding from Alsop Louie Partners, Bay Partners and KPG Ventures.
2 min read · 15 January 2010
