Tensilica Inc., a Santa Clara, Calif.-based semiconductor IP company specializing in dataplane processor cores, has raised an undisclosed amount of strategic funding from DoCoMo Capital, the corporate venture arm of Japanese wireless carrier NTT DoCoMo. Tensilica previously raised around $90 million since 1997, from firms like Altera Corp., Cisco Systems, Conexant Systems, Matsushita Electric Industries, NEC, Foundation Capital, Meritech Capital, Oak Investment Partners and Worldview Technology Partners.
3 min read · 22 June 2009
2tor Inc., a New York provider of online degree programs, has raised $10 million in Series A funding. Redpoint Ventures led the round, and was joined by Novak Biddle Venture Partners and City Light Capital.
4 min read · 22 June 2009
Tumri Inc., a Santa Clara, Calif.-based provider of contextual online advertising solutions, has raised $15 million in third-round funding. Time Warner Investments led the $10 million equity tranche, and was joined by return backers Accel Partners, Shasta Ventures and Tenaya Capital. A $5 million debt commitment was secured from Silicon Valley Bank. Tumri has now raised around $30 million.
4 min read · 22 June 2009
Presidium, a Reston, Va.-based provider of managed services for the education market, has raised $2 million in follow-on funding from Edison Venture Fund. It had previously raised $7.5 million.
3 min read · 22 June 2009
ABS Capital Partners, a Baltimore-based growth equity firm, has closed its sixth fund with $420 million in capital commitments. The fund has already made four investments. Limited partners include the Pennsylvania State Employees Retirement System, Partners Healthcare, Abbott Capital and WP Global Partners.
3 min read · 22 June 2009
oneTXT, a New York-based social media payment platform, has raised $2 million in Series A funding. Metamorphic Ventures led the round, and was joined by KPG Ventures, New York Angels Fund and individual investors like David Hirsch, Geoffrey Judge, Roger Ehrenberg and Mark Michel.
3 min read · 22 June 2009
YCD Multimedia, a provider of in-store digital media solutions, has raised $12 million in Series E funding. The round includes new equity from return backers Pitango Venture Capital and Arts Alliance Digital Ventures, plus the conversion of an existing bridge loan facility.
2 min read · 22 June 2009
Axis Three, a Belfast-based developer of predictive surgical simulation technology, has raised £2 million in new VC funding. Crescent Capital led the round, and was joined by return backers Clarendon Fund Managers and Siemens. ICON Corporate Finance helped place the round.
1 min read · 22 June 2009
CMS SupaTrak, a UK-based provider of vehicle tracking and mobile working solutions, has raised an undisclosed amount of third-round funding from the YFM Group (managed by South West Ventures Fund).
4 min read · 22 June 2009
1 min read · 22 June 2009
