VCJ Staff

Ben Choi Joins Maveron

Analogix Semiconductor Raises $10 Million

Analogix Semiconductor Inc., a Santa Clara, Calif.-based chipmaker, has raised $10 million in Series B-3 funding. Analogix has raised around $44 million since 2002. Keytone Ventures led the round, and was joined by return backers DCM, Globespan Capital Partners, JAIC and Woodside Fund. Analogix previously had raised around $34 million since 2002.

Rosetta Stone Slashes Q3 Outlook, Pulls Stock Offering

MySpace Near Deal To Buy iLike

TeachScape Raises $16 Million

Teachscape, a New York-based provider of professional development services for educators, has raised $16 million in Series C funding led by ABS Capital Partners. The company previously raised over $27 million in VC funding, from firms like Arcardia Partners, Sprout Group, Intel Capital, NewSchools Venture Fund, Quad Ventures and McGraw-Hill Ventures.

PM Pai Joins New Enterprise Associates

PM Pai, former chief operating officer of solar company SunPower, has joined New Enterprise Associates as a venture partner.

NewPath Networks Secured Venture Debt

NewPath Networks LLC, a Seattle-based wireless infrastructure company, has secured a $10 million line of credit from Square 1 Bank. Earlier this year, NewPath raised $30 million in equity from Charterhouse Group ($20m) and Meritage Funds ($10m).

Zendesk Raises $6 Million

Zendesk, a Boston-based provider of an SaaS help desk system, has raised $6 million in Series B funding. Benchmark Capital led the round, and was joined by return backer Charles River Ventures.

Embrella Cardiovascular Adds $1.6 Million

Embrella Cardiovascular, a Malvern, Penn.-based developer of a device for preventing dangerous debris from entering the brain during cardiovascular procedures, has raised $1.6 million in new Series B funding, bringing the round total to $6.7 million. BioStar Ventures and return backer MedFocus Fund co-led the round, with Edwards Lifesciences Corp. also participating.

FanSnap Raises $5 Million

FanSnap, a Palo Alto, Calif..-based live event ticket search engine, has raised $5 million in new VC funding from Highland Capital Partners. The company previously raised over $10 million from General Catalyst Partners, and is run by Mike Janes, former chief marketing officer of StubHub.