Private Equity
Vdopia, a San Jose, Calif.-based developer of a pre-app and in-app video advertising platform for the iPhone, has raised $4 million in Series A funding from Nexus Venture Partners. The company also named Rohit Sharma, former principal with Mohr Davidow Ventures, as its new president and CEO.
4 min read · 28 October 2009
1 min read · 27 October 2009
The California Institute of Quantitative Biosciences has formed a $7.5 million VC funding to provide startup capital for UC bioscience entrepreneurs and a long-term endowment for Qb3. It is being called the Mission Bay Capital Fund.
4 min read · 27 October 2009
Unity Technologies, a San Francisco-based developer of a multi-platform game development platform, has raised $5.5 million in Series A funding. Sequoia Capital led the round, and was joined by Atari CEO David Gardner and VMware founder Diane Greene.
6 min read · 27 October 2009
Axeda, a Foxboro, Mass.-based provider of on-demand remote service software, has raised $5 million in Series B funding from return backer JMI Equity. It also raised $4 million in venture debt from MMV Financial. JMI Equity formed Axeda in 2005 by acquiring the DRM business of ITA Holdings.
3 min read · 27 October 2009
DNP Green Technology, a supplier of bio-based succinic acid, has raised $12 million in new VC funding. Sofinnova Partners led the round, and was joined by Mitsui & Co. Venture Partners, Samsung Ventures Investment Corporation, the Cliffton Group and return backer AquaRIMCO. The company has offices in Princeton, N.J. and Montreal.
2 min read · 27 October 2009
Samsung Electronics and VC-backed mobile app company Handmark are partnering to form a global venture capital fund that would invest in "market-changing game ideas for next generation Samsung mobile phones." Each investment would be $250,000. Handmark backers include Apax Partners, Argnor Wireless Ventures,Borealis Ventures, Motorola Ventures and Village Ventures.
2 min read · 27 October 2009
Varicent Software Inc., a Toronto-based provider of sales performance management and incentive compensation management solutions, has raised $35 million in new VC funding. FTV Capital led the round, and was joined by return backers RBC Venture Partners and EdgeStone Capital Partners.
5 min read · 27 October 2009
Skylon AS, a Denmark-based provider of tower solutions and blade components to the global wind power industry, has raised an undisclosed amount of private equity funding from EQT Partners.
5 min read · 27 October 2009
Metabolon Inc., a Durham, N.C.-based provider of biomarker discovery and analysis, has raised $6 million in additional Series C funding. The round total is now $12.3 million, and the company has raised over $25 million in total VC funding. Syngenta Ventures and Fletcher Spaght Ventures were joined by return backers Sevin Rosen Funds, Aurora Funds, Harris and Harris Group, Fulcrum Financial Partners and Alexandria Equities.
2 min read · 27 October 2009
