Robert F. Kennedy Jr. has been named a venture partner with VantagePoint Venture Partners, where he will focus on the cleantech sector. He has been a member of the firm’s cleantech advisory council since 2007, and will take board seats with two VantagePoint portfolio companies: Premium Power, a maker of energy storage solutions, and Ostara Nutrient Recovery Technologies, a wastewater remediation company.
2 min read · 26 February 2009
3 min read · 26 February 2009
Versata Enterprises Inc., an enterprise software subsidiary of Trilogy Inc., has acquired AlterPoint Inc., an Austin, Texas-based provider of network management software. No financial terms were disclosed. AlterPoint has raised $39 million in VC funding since 2001, from firms like Austin Ventures, JK&B Capital and Palomar Ventures.
3 min read · 26 February 2009
FamilyLink.com, a Provo, Utah-based social networking site for families, has raised $2.85 million in Series B funding. Return backers included vSpring Capital and TTP Capital Advisors (Japan). It had previously raised $1.25 million.
3 min read · 26 February 2009
1 min read · 26 February 2009
Bessemer Venture Partners has raised a $350 million annex fund for its seventh fund, which closed in June 2007 with more than $1 billion in capital commitments.
2 min read · 26 February 2009
BridgeCo., a Huntington Beach, Calif.-based provider of digital home networking solutions, has raised $6 million in new financing. Return backers include Advent Venture Partners, Balderton Capital, Cipio Partners, Earlybird Venture Capital, Fidelity Ventures, Intel Capital and Wellington Partners. The company had previously raised $53 million in private equity and debt funding.
2 min read · 26 February 2009
1 min read · 26 February 2009
M3X Media Inc., a West Palm Beach, Fla.-based provider of digital entertainment and multimedia technology and services, has raised $10.5 million in private equity funding. Agile Opportunity Fund was among the round’s institutional participants.
3 min read · 25 February 2009
CD Networks has acquired Panther Express, a New York-based provider of content delivery solutions. No financial terms were disclosed. Panther Express had raised around $22 million from Greylock Partners, Index Ventures and Gold Hill Capital Management.
2 min read · 25 February 2009