VCJ Staff

RockYou Raises $50 Million

Report: MySpace In Talks To buy Imeem

MySpace is in talks to acquire Imeem, a San Francisco-based music streaming company, as first reported by TechCrunch. Imeem has raised over $12 million, from firms like Morgenthaler Ventures, Sequoia Capital and DAG Ventures. www.imeem.com

Thomson Reuters To Buy Sabrix

Thomson Reuters (NYSE: TRI) has agreed to acquire Sabrix Inc., a San Ramon, Calif.-based provider of transaction tax management software. No financial terms were disclosed. Sabrix has raised around $40 million in VC funding since 2000, from firms like Trinity Ventures, Mohr Davidow Ventures, GKM Ventures and VSP Capital.

Zynga Raises $15 Million

Second Century Backs DocuSign

DocuSign Inc., a Seattle-based provider of online document delivery and signature solutions, has raised an undisclosed amount of VC funding from Second Century Ventures, a VC group sponsored by the National Association of Realtors. DocuSign previously raised around $33 million from WestRiver Capital, Frazier Technology Ventures, Ignition Partners and Sigma Partners.

CambridgeSoft Raises New Funding

CambridgeSoft Corp., a Cambridge, Mass.-based maker of life science enterprise solutions like e-notebooks, has raised an undisclosed amount of private equity funding from Health Evolution Partners and return backer Goldman Sachs. The company previously raised over $26 million from Goldman and Edison Venture Funds.

Bigfoot Networks Raises

Bigfoot Networks Inc., an Austin, Texas-based maker of a hardware PC card that reduces in-game lag for video games, has raised $8 million in new Series B funding. Return backers include North Bridge Venture Partners, Palomar Ventures and Raven Venture Partners. The company has now raised $20.75 in total VC funding.

Qunar.com Raises $15 Million

Chelsio Communications Raises $17 Million

Chelsio Communications Inc., a Sunnyvale, Calif.-based provider of 10-gigabit Ethernet unified wire solutions, has raised $17 million in sixth-round VC funding. peHUB had previously reported on the round, based on a regulatory filing. Mobile Internet Capital was joined by return backers New Enterprise Associates, INVESCO Private Capital, Investor Growth Capital, LSI Corporation, NTT Finance, Vendanta Capital, Abacus Capital Group, Pacesetter Capital Group and Horizon Ventures. Chelsio previously raised around $84 million.

Entellus Medical Raises $30 Million

Entellus Medical Inc., a Maple Grove, Minn.-based developer of a system for treating chronic sinusitis, has raised $30 million in Series D funding. Essex Woodlands Health Ventures led the round, and was joined by return backers Split Rock Partners and SV Life Sciences. Montagu Newhall Associates, which led the company's $15 million Series C round, was not listed as a Series D participant.