JanRain Inc., a Portland, Ore.-based provider of online identity technology and customer engagement services, has raised $3.25 million in Series A funding. DFJ Frontier led the round, and was joined by RPM Ventures and Anthem Venture Partners.
3 min read · 07 December 2009
1 min read · 07 December 2009
5AM Ventures, a bi-coastal venture capital firm focused on early-stage life sciences companies, has raised $200 million for its third fund. The firm also has added Jenny Lee as vice president of finance. She previously was CFO for Global Catalyst Partners.
2 min read · 07 December 2009
Clear2Pay NV, a Brussels-based provider of payment solutions for financial institutions, has raised €50 million in new private equity funding. Aquiline Capital Partners led the round, and was joined by return backers like AGF Management, IRIS Capital, Big Bang Ventures, GIMV and Trust Capital.
3 min read · 07 December 2009
1 min read · 06 December 2009
HiBeam Internet & Voice raised additional seed funding from private investors. Both existing and new investors participated in this funding, which HiBeam plans to use to continue to deploy 4G wireless into rural and semi-rural markets. The terms were not disclosed.
2 min read · 04 December 2009
Zoosk, a social dating community, has closed a $30 million Series D round of funding. The round was led by new investor Bessemer Venture Partners.. Existing investors Canaan Partners and ATA Ventures also participated.
4 min read · 04 December 2009
Markstone Capital announced today that the firm appointed Ambassador Dan Gillerman as Chairman following the resignation of Elliott Broidy. Today Attorney General Andrew Cuomo announced Broidy pled guilty to pled guilty to bribing officials of New York State Common Retirement Fund in exchange for a $250 million commitment to Markstone Capital's Israel-focused venture capital fund. Markstone said the firm expects the investigation will have no effect on the value of investors’ interests in the partnerships. The firm has thus far has invested $562 million in ten companies, with an overall gross internal rate of return of 11%, the firm said.
3 min read · 04 December 2009
Apnex Medical, Inc., a private medical device company based in St. Paul, Minn., completed a second round of private equity financing totaling $14 million. Participants in the financing include Domain Associates, New Enterprise Associates (NEA), Polaris Venture Partners and Michael Berman. This financing brings the total investment in Apnex Medical to $30 million.
3 min read · 03 December 2009
Motorola Ventures, Motorola's venture capital arm, made an investment in Sensitive Object, a platform developer spin-off from the French Science National Research Centre.
2 min read · 03 December 2009