VCJ Staff

Dave Morgan's Simulmedia Raises $4 Million

CareerStep Raises $22 Million

Career Step LLC, a Springville, Utah-based provider of online vocational training for the healthcare industry, has raised $22 million from DW Healthcare Partners and BB&T Capital Partners.

Ofidium Raises Series A

Ofidium, an Australia-based provider of solutions for increasing bandwidth and reducing costs for telecom networks, has raised A$6 million in Series A funding from Starfish Ventures.

Conveneer Raises $4.5 Million

Conveneer AB, a Swedish provider of fixed-mobile convergence software, has raised $4.5 million in VC funding. Industrifonden led the round, and was joined by Broken Arrow Capital.

Smartphone Complaince Co. Raises $3 Million

Onset Technology, a Waltham, Mass.-based provider of smartphone compliance solutions, has raised $3 million in new VC funding. The Cedar Fund led the round, and was joined byThe Challenge Fund and Jerusalem Global Ventures.

Alastair Dorward Joins Physic Ventures

Alastair Dorward has joined Physic Ventures as an executive-in-residence. He is the founding CEO of Method Inc. and, before that, ofCovent Garden.

GetWellNetwork Raises $10 Million

GetWellNetwork Inc., a Bethesda, Md.-based provider of interactive patient care solutions, has raised $10 million in Series C funding. Johnson & Johnson Development Corp. was joined by return backers like Valhalla Partners, GrosvenorFunds, Point Judith Capital and Village Ventures.

VC-Backed Bust: Telsima Corp.

Harris Stratex Networks Inc. (Nasdaq: HSTX) has acquired Telsima Corp., a Sunnyvale, Calif.-based provider of WiMax broadband networks. The deal was valued at $12 million in cash, payable over the next 12 months. Telsima had raised around $80 million in VC funding, from firms like NewPath Ventures, New Enterprise Associates, CMEA Ventures and JAFCO Asia.

VeriVue Adds $40 Million

VeriVue, a Westwood, Mass.-based provider of IP video distribution and delivery solutions, has raised $40 million in Series B funding. Comcast Interactive Capital led the round, and was joined by Accel Partners, Arris Group, North Bridge Venture Partners and return backers Matrix Partners and Spark Capital. The company previously raised $25 million.

RazorGator Raises $7.5 Million