Imagini, a UK-based developer of technology that helps online publishers and retailers understand their target market, has raised $13.5 million in second-round funding. Backers include Horizon Ventures, NorthZone Ventures and Atomico.
4 min read · 25 February 2009
Netezza Corp. (NYSE: Arca: NZ) has acquired Tizor Systems Inc., a Maynard, Mass.-based provider of enterprise data auditing and protection solutions for the data center. No financial terms were disclosed. Tizor Systems had raised around $26.6 million in VC funding, from firms like Hummer Winblad Venture Partners, Longworth Venture Partners, Masthead Venture Partners, Navigator Technology Ventures and Common Angels.
3 min read · 24 February 2009
SAGE Electrochromics Inc., a Faribault, Minn.-based developer of electrochromic smart window products for buildings, has raised $20 million in third-round funding. Good Energies led the round, and was joined by fellow return backers Applied Ventures and Bekaert.
5 min read · 24 February 2009
Pearl Therapeutics, a Redwood City, Calif.-based drug developer focused on respiratory disorders, has secured $8 million in venture debt financing from Oxford Finance Corp. and Silicon Valley Bank. The capital will be drawn down in two tranches. Pearl Therapeutics previously raised around $35.5 million in VC funding from Clarus Ventures, New Leaf Partners, 5AM Ventures and Nektar Therapeutics.
3 min read · 24 February 2009
Rivulet Communications, a Portsmouth, N.H.-based provider of IP network technology for hospitals, has raised $11.5 million in Series C funding. Backers include ATA Ventures, Menlo Ventures, Performance Equity Management and Scorpion Capital Partners. The company had previously raised around $34 million.
4 min read · 24 February 2009
Visto Inc., a Redwood City, Calif.-based mobile email company, has agreed to acquire Good Technology from Motorola Inc. No financial terms are being disclosed for the deal, which is expected to close later this month. Motorola had acquired Good Technology for more than $400 million in 2007, from venture capital firms. Visto has raised over $250 million in total VC funding since 1996, including a recap round in 2003. Current backers include Allegis Capital, Altitude Capital Partners, Blueprint Ventures, Draper Fisher Jurvetson, ePlanet Ventures, GKM Ventures, Meritech Capital Partners, Oak Investment Partners and Rustic Canyon Partners.
3 min read · 24 February 2009
Lehman Brothers Venture Partners has been sold to its current management team and funds managed by HarbourVest Partners. It will be renamed Tenaya Capital. No financial terms were disclosed. The group’s most recent fund is a $365 million vehicle raised in 2007, to invest in mid-to-late-stage technology companies.
3 min read · 24 February 2009
1 min read · 24 February 2009
Jack Haire has joined Highland Capital Partners as a venture executive focused on digital media, according to VentureWire. Haire is a 28-year veteran of Time Warner, where he most recently served as president of the Time Inc. sales and marketing division. He also was chairman of the Time Warner Advertising Council. www.hcp.com
1 min read · 24 February 2009
SpringSoft Inc. (Taiwan: 2473) has agreed to acquire Certess Inc., a Campbell, Calif.-based provider of EDA software for IC design. No financial terms were disclosed. Certess has raised around $7.2 million from Index Ventures and Quest Management. www.certess.com
1 min read · 23 February 2009
