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VCJ Staff

Llesiant Raises Series A

Llesiant Inc., an Austin, Texas-based provider of vertical search solutions for the enterprise, has raised around $4.34 million in Series A funding, according to a regulatory filing. The only listed shareholder is The Bureau of National Affairs Inc. www.llesiant.com

1 min read · 10 March 2009

Agnitio Raises €5.5 Million

Agnitio, a Madrid, Spain-based provider of voice biometrics, has raised €5.5 million in new VC funding. Elaia Partners led the round, and was joined by return backer Nauta Capital and strategic partner Neotec Capital Riesgo.

2 min read · 10 March 2009

Stantum Technologies Raises $13 Million

Stantum Technologies, a Bordeaux, France-based developer of multi-touch sensing technologies, has raised $13 million in Series B funding. CDC Innovation and Auriga Partners co-led the round, and were joined by return backer XAnge Private Equity.

4 min read · 10 March 2009

Scott DePasquale Joins Braemar Energy Ventures

Scott DePasquale has joined Braemar Energy Ventures as a principal and executive-in-residence. He will work out of the firm’s Boston office. He previously was a senior vice president with GE Energy Financial Services, where he led the group’s Boston-based VC activities.

2 min read · 10 March 2009

Notable Solutions Raises $5 Million

Notable Solutions Inc., a Rockville, Md.-based provider of distributed document management solutions, has raised $5 million from Edison Venture Fund.

3 min read · 10 March 2009

Lexy Gets Seeded

Lexy, a provider of a mobile news and entertainment publishing solution, has raised $1.25 million in seed capital from KPG Ventures.

3 min read · 10 March 2009

TopSchool Raises $7 Million

TopSchool, a Denver-based SaaS provider of administrative solutions for small to mid-size higher education institutions, has raised $7 million in second-round funding. New World Ventures led the round, and was joined by Access Venture Partners, Education Sales Management and return backer Alsop Louie Partners.

3 min read · 10 March 2009

Aleri Bulks Up with Coral8

Aleri Inc., a Chicago-based provider of complex event processing for the financial services market, has acquired Mountain View, Calif.-based rival Coral8. No financial terms were disclosed. Aleri has raised over 430 million in VC funding since 1999, from firms like Allegra Partners, Early Stage Enterprises and St. Paul Venture Capital.

4 min read · 10 March 2009

Seahorse Bioscience Buys BioProcessors Corp.

Seahorse Bioscience Inc., a North Billerica, Mass.-based maker of instruments and consumables for cell-based metabolic assays, has acquired BioProcessors Corp., a Woburn, Mass.–based maker of systems for optimizing biologic drug manufacturing. Seahorse also announced $6 million in new VC funding, from existing backers of both itself and BioProcessors. They include Commonwealth Capital, Oxford Bioscience, Flagship Ventures, Life Sciences Partners, FLIR Systems Inc, Healthcare Ventures, New Science Ventures and HLM Venture Partners.

3 min read · 10 March 2009

VC-Backed Education Merger: Teachscape Buys Edgenuity

Teachscape, a New York-based provider of professional development services for educators, has acquired Edgenuity Inc., a Sunnyvale, Calif.–based provider of analytic solutions to school districts to improve achievement. No pricing details for the all-stock deal were disclosed. Teachscape has raised over $27 million in VC funding since 2000, from firms like Arcardia Partners, Sprout Group, Intel Capital, NewSchools Venture Fund, Quad Ventures and McGraw-Hill Ventures. Edgenuity had raised $5.6 million from Altos Ventures and Sigma Partners.

3 min read · 10 March 2009

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