Global Value Commerce, a Raleigh, N.C.-based ecommerce company focused on the golf industry, has raised an undisclosed amount of venture capital from Southern Capitol Ventures.
2 min read · 09 March 2009
Stardoll, a Sweden-based online entertainment site for young women, has merged with Piczo, a San Francisco-based social networking company focused on teenagers. No financial terms were disclosed. Stardoll has raised over $9 million in VC funding from firms like Index Ventures and Sequoia Capital, while Piczo had raised around $19 million from Catamount Ventures, Mangrove Capital Partners, Sierra Ventures and U.S. Venture Partners.
5 min read · 09 March 2009
Victory Pharma Inc., a San Diego-based drug startup focused on pain, has raised $45 million in new VC funding. Essex Woodlands Health Ventures led the round, and was joined by return backer Ampersand Ventures. Cowen & Co. served as placement agent.
2 min read · 09 March 2009
Surface Logix Inc., a Brighton, Mass.-based developer of drug optimization programs, has raised around $15 million in fifth-round funding. Return backers include ARCH Venture Partners, HBM BioVentures, Healthcare Focus, Intel Capital, Saudi Venture Development Co., Unilever Technology Ventures and Venrock. The company also secured a $5 million venture loan from Silicon Valley Bank. Prior to this funding, Surface Logix had raised around $75 million in venture capital.
3 min read · 09 March 2009
Element Partners has closed its second fund with $486 million in capital commitments. The cleantech-focused growth equity firm has offices in both Pennsylvania and Silicon Valley. Greenhill & Co. served as placement agent.
2 min read · 09 March 2009
SynapSense Corp., a Folsom, Calif.-based provider of wireless energy efficiency solutions for data centers, has raised $7 million in third-round funding. Robert Bosch Venture Capital was joined by return backers Emerald Technology Ventures, Sequoia Capital, American River Ventures, Nth Power and DFJ Frontier. The company had previously raised around $13 million
2 min read · 09 March 2009
JS-Kit, a Burlingame, Calif.-based developer of website widgets for social interaction, has acquired SezWho, a Los Altos, Calif.-based provider of ratings and reputation services for online communities. No financial terms were disclosed. JS-Kit has raised over $4 million from firms like Altos Ventures and TEF3. SezWho had raised around $1.5 million from KPG Ventures, and acquired semantic intelligence company Tejit. www.js-kit.com www.sezwho.com
1 min read · 06 March 2009
Vitalize Consulting Solutions Inc., a Reading, Mass.-based provider of clinical, business and IT solutions for healthcare enterprises has acquired r3 Health Partners LLC, a Santa Ana, Calif.-based provider of IT consulting to healthcare organizations. No financial terms were disclosed. Vitalize is a portfolio company of SV Life Sciences and Ferrer Freeman & Co.
3 min read · 06 March 2009
Westport Linen Services LLC, a provider of linen services to hospitals and healthcare centers in southern Louisiana and Mississippi, has raised $6.7 million. Advantage Capital Partners led the round with $4 million, while IberiaBank provided the remainder.
3 min read · 06 March 2009
Darren Wong has joined fund-of-funds manager Adveq as a managing director in its Beijing office. He previously oversaw venture capital and Asia investing for HRJ Capital.
2 min read · 06 March 2009
