Bain Capital Ventures has held a $475 million first close on its fourth fund, according to VentureWire. A final close on between $500 million and $550 million in expected within the next six months. www.baincapitalventures.com
1 min read · 12 February 2009
Texas Instruments (NYSE: TXN) has acquired Ciclon Semiconductor Device Corp., a Bethlehem, Pa.-based developer of high-frequency power semiconductor solutions. No financial terms were disclosed. Ciclon had raised $24 million over two rounds of VC funding, from Guggenheim Venture Partners, TL Ventures and Venrock.
2 min read · 12 February 2009
1 min read · 12 February 2009
Outbrain, an online content aggregator, has raised $12 million in Series B funding. Rhodium Ventures and Zohar Gilon (partner with Tamar Technologies Ventures) were joined by return backers Gemini Israel Funds, GlenRock Israel and Lightspeed Venture Partners. The company previously raised around $6 million. www.outbrain.com
1 min read · 11 February 2009
myWealth.com, a New York-based provider of financial education courses, has raised $2 million from Five Elms Capital.
2 min read · 11 February 2009
Cerenis Therapeutics SA, a drug developer with operations in Toulouse, France and Ann Arbor, Mich., has raised €2.5 million from France-based OSEO.
2 min read · 11 February 2009
Oodle Inc., a San Mateo, Calif.-based online classifieds aggregator, has raised $5.6 million in new VC funding. Return backers include Greylock Partners, Jafco Ventures and Redpoint Ventures. The company has now raised around $21.6 million in total VC funding. www.oodle.com
1 min read · 11 February 2009
Majitek, an Australia-based provider of cloud computing software platforms, has raised $7.5 million in new VC funding. Cisco Systems led the round, and was joined by return backer Pierce & Pierce.
2 min read · 11 February 2009
Livescribe Inc., an Oakland-based developer of a pen with an onboard computer, has raised $10.175 million in fourth-round funding co-led by return backers Lionhart Investments Ltd. and VantagePoint Venture Partners. The company previously raised around $35 million, from Lionhart, VantagePoint, Blueprint Ventures, Greenhouse Capital Partners and several family offices.
3 min read · 11 February 2009
Pradeep Guha has joined Nexus India Capital as a venture advisor. He previously was CEO of Zee Network and, before that, was president of the Times of India Group.
2 min read · 11 February 2009
