Skyworks Solutions Inc. (Nasdaq: SWKS) has acquired Axiom Microdevices Inc., an Irvine, Calif.-based provider of metal oxide semiconductor power amplifiers. No financial terms were disclosed. Axiom Microdevices had raised nearly $44 million in VC funding from firms like Tallwood Venture Capital, U.S. Venture Partners, Anthem Venture Partners and VentureTech Alliance.
2 min read · 03 June 2009
Lithium Technologies, an Emeryville, Calif.-based provider of on-demand solutions for enterprise communities, has acquired Keibi Technologies Inc., a San Francisco-based provider of automated content discovery, analysis and moderation for online communities. No financial terms were disclosed. Lithium has raised $21 million in VC funding from Benchmark Capital, Emergence Capital and Shasta Ventures. Keibi had raised around $9 million from firms like Catamount Ventures and Hunt Ventures.
3 min read · 03 June 2009
Medidata Solutions Inc., a New York-based provider of electronic data capture and data management software for clinical researchers, has set its IPO terms to 6.3 million common shares being offered at between $11 and $13 per share. It would have an initial market cap of around $290 million, were it to price at the high end of its range. Medidata plans to trade on the Nasdaq under ticker symbol MDSO, with Citi and Credit Suisse serving as co-lead underwriters. The company has raised over $21 million in VC funding since 2002, from firms like Insight Venture Partners (33.9% pre-IPO stake), Milestone Venture Partners (7.6%), Stonehenge Capital Fund (6.1%) and Globalnet Partners. It filed for the IPO back in January. www.mdsol.com
1 min read · 03 June 2009
LifeBond, an Israel-based developer of biosurgery devices, has raised $8 million in Series B funding. Pitango Venture Capital led the round, and was joined by return backers GlenRock Israel and The Zitelman Group.
4 min read · 03 June 2009
Grab Networks, a Dulles, Va.-based provider of online video management software, has raised $12 million in venture debt and equity funding. Horizon Technology Finance led the debt portion, while the equity came from insiders like Softbank Capital, SCP Capital, Longworth Venture Partners and Court Square Partners. Grab was formed last September via the merger of Anystream and Voxant.
3 min read · 03 June 2009
Turbine Air Systems Inc., a Houston, Texas-based maker of packaged cooling and energy systems, has raised an undisclosed amount of growth equity funding. Backers include Element Partners, NGP Energy Technology Partners, Robeco, Credit Suisse, and Potomac Energy Fund. According to a March 31 regulatory filing, Turbine Air had called down $15 million of a $50 million equity round.
5 min read · 03 June 2009
beeTV, a Milan, Italy-based develoer of a televised personal content channel, has raised $8 million in Series B funding led by Innogest.
3 min read · 03 June 2009
Intuit Inc. (Nasdaq: INTU) has agreed to acquire PayCycle Inc., a Palo Alto, Calif.-based provider of online payroll services, for approximately $170 million in cash. PayCycle had raised nearly $30 million in VC funding since 2000, from firms like August Capital, CCP Equity Partners, DCM, Irwin Ventures and Total Technology Ventures. PayCycle was advised on the sale by Raymond James & Associates.
4 min read · 02 June 2009
Peer39, a stealth-mode online ad marketplace operator, has raised $10.5 million in Series C funding. Evergreen Venture Partners led the round, and was joined by return backers Canaan Partners, Dawntreader Ventures, Silicon Valley Bank and JPMorgan Chase. Peer39 previously raised around $11.2 million.
3 min read · 02 June 2009
Agilence Inc., a Camden, N.J.-based provider of video analysis solutions, has raised an undisclosed amount of Series B funding from Schneider Electric Ventures.
2 min read · 02 June 2009
