Powerit Solutions, a Seattle-based provider of intelligent energy management and efficiency systems, has raised $6 million in new VC funding. Siemens Venture Capital and ArcelorMittal's Clean Technology Fund were joined by return backers @Ventures and Expansion Capital Partners.
5 min read · 05 May 2009
BakBone Software Inc. (OTC BB: BKBO) has acquired certain assets of Asempra Technologies Inc., a Sunnyvale, Calif.-based provider of real-time recovery management solutions. No financial terms were disclosed. Asempra has raised around $46 million in VC funding, from firms like Menlo Ventures, Polaris Venture Partners and U.S. Venture Partners.
2 min read · 05 May 2009
BankServ has acquired the assets of Commerciant, a Houston, Texas-based provider of mobile, handheld payment processing hardware and processing technology. No financial terms were disclosed. Commerciant had raised over $2.5 million in VC funding from firms like Aegis Venture Funds and Advantage Capital Partners.
2 min read · 05 May 2009
Attensity Group has formed as a business intelligence and information management platform, via the rollup of three companies: Attensity Corp., Empolis GmbH and Living-e AG. No financial terms were disclosed. Attensity Corp. has raised over $30 million in VC funding, from firms like Highway 12 Ventures, Palomar Ventures, Jefferson Partners, RD Webber, Triangle Venture Capital and Village Ventures.
10 min read · 05 May 2009
NABsys Inc., a Providence, R.I.-based provider of electronic, solid-state DNA sequencing, has raised $4 million in new VC funding. Point Judith Capital led the round, and was joined by return backers like Slater Technology Fund.
2 min read · 05 May 2009
Vermedx Inc., a Burlington, Vt.-based provider of decision-support healthcare IT for the diabetes market, has raised $500,000 in Series A funding led by Fresh Tracks Capital.
3 min read · 05 May 2009
Azuki Systems (fka: peermeta), an Acton, Mass.-based provider of mobile media software, has raised $6 million in additional Series A funding, bringing the round total above $12 million. Return backers included Kepha Partners and Sigma Partners.
3 min read · 05 May 2009
Prematics Inc., a Bethesda, Md.-based provider of electronic prescribing services, has secured $10.78 million of a $12 million Series C round, according to a regulatory filing. The company had previously raised around $26 million from firms like General Catalyst Partners, Health Evolution Partners and Foundation Capital. www.prematics.com
1 min read · 05 May 2009
Westec Intelligent Surveillance, a Dallas-based provider of remote video monitoring services, has acquired Vyne Industries, an Atlanta-based provider of video surveillance and monitoring solutions for the quick-service restaurant industry. Westec recently raised $20 million from Argonaut Private Equity, Egis Capital Partners and return backers like Clarity Partners.
2 min read · 05 May 2009
Kadoink of San Francisco has shut down its mobile messaging service, as it seeks a buyer. The company raised nearly $7 million in Series A funding from Sutter Hill Ventures in January 2007, but was taken over last month by creditor Hercules Technology Growth Capital. www.kadoink.com
1 min read · 05 May 2009
