VCJ Staff

Glam Media Adds Japanese Investors

Glam Media, a female-focused online advertising network, has raised around $10 million in new VC funding. Mizuho Venture Capital led the round, and was joined by Japanese ad agencies Dentsu and ADK, and Japanese publishers Shogagukan, Syueisya and NikkeiBP. The company has now raised approximately $100 million, including past investments from Draper Fisher Jurvetson, Accel Partners, DAG Ventures, Hubert Burda Media, Information Capital and WaldenVC.

Robin Lockwood Joins Flybridge

House Bill Would Raise Carried Interest

VC-Backed Bust: Codon Devices Closing

Swoopo Raises $10 Million

Actelis Networks Raises $4.7 Million

Actelis Networks, a Fremont, Calif.-based provider of carrier Ethernet-over-copper solutions, has raised $4.76 million in new VC funding, according to a regulatory filing. It had previously raised around $165 million over six rounds since 1998. Backers include Global Catalyst Partners, Dupont Capital, Carlyle Venture Partners and ATA Ventures. www.actelis.com

Sepaton Raises Fifth Round

Socialtext Raises Fourth Round

Redpoint's Karnstedt Takes Over Efficient Frontier

David Karnstedt has been named president and CEO of Efficient Frontier, a Sunnyvale, Calif.–based provider of search engine marketing technology and services. He most recently was an executive-in-residence with Redpoint Ventures, which is an investor in Efficient Frontier. Before that, he was senior vice president of North American sales for Yahoo.

Lilliputian Systems Adds $28 Million

Lilliputian Systems Inc., a Wilmington, Mass.-based developer of fuel cells for wireless electronic devices, has raised $28 million in new VC funding. Stata Venture Partners and Altira Group were joined by return backers Kleiner Perkins Caufield & Byers, Atlas Venture, Fairhaven Capiutal and Rockport Capital Partners. The company has now raised around $90 million.