VCJ Staff

Adknowledge Buys SocialMedia Networks

Adknowledge, a Kansas City-based provider of behavioral online advertising solutions, has acquired the primary assets of SocialMedia Networks, a San Francisco-based provider of a social media ad platform. No financial terms were disclosed. Adknowledge raised $48 million in funding in 2006 from Technology Crossover Ventures. SocialMedia Networks had raised VC funding from Charles River Ventures, IDG Ventures SF, Marc Andreessen and Jeff Clavier.

GettingHired Raises $3 Million

GettingHired LLC, a Bedminster, N.J.-based company that provides career services to people with disabilities, has raised $3 million in new VC funding. Backers includeZenith Insurance Co., Kamine Development Corp and Fisher Capital Corp.

Axxana Raises $9 Million

Axxana, an Israeli developer of data disaster recovery solutions, has raised $9 million in Series B funding. Carmel Ventures led the round, and was joined by return backers Gemini Israel Funds and Moshe Yanai.

Zeno Corp Raises $20 Million

Zeno Corp., a Houston, Texas-based developer of a handheld device to treat acne, has raised $20 million in new VC funding, according to a regulatory filing. The round includes $6 million in cash and $14 million for "services to be rendered." Backers include Austin Ventures, Catterton Partners and Sante Ventures. ww.myzeno.com

PicoChip Raises $20 Million

PicoChip, a Bath, England-based provider of signal processing products for wireless communications, has raised $20 million in Series E funding. Backers include Atlas Venture, Highland Capital Partners, Pond Venture Partners, Scottish Equity Partners, Rothschild, AT&T, Intel and Samsung The company previously raised over $64 million.

Report: BioStar Ventures Raising Second Fund

Immunet Raises $2 Million

Immunet, a Palo Alto, Calif.-based developer of anti-virus technologies, has raised $2 million in Series A funding. Altos Ventures led the round, and was joined by Atlanta-based TechOperators.

Nate Westheimer Joins Flybridge Capital Partners

Nate Westheimer has joined Flybridge Capital Partners as an advisor, while continuing to serve as co-founder and executive vice president of product and technology at AnyClip. Prior to AnyClip, Westheimer was an entrepreneur-in-residence withRose Tech Ventures.

Fortinet Shares Soar on First Day of Trading

ShoeDazzle Raises $7 Million