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VCJ Staff

Austin Ventures Seeds Workstreamer

Workstreamer LLC has raised an undisclosed amount of seed funding from Austin Ventures. The New York-based company develops software that combines social media, streaming information and professional networking to help create and capture real-time work activity between individuals and businesses.

2 min read · 27 January 2009

Lucid Imagination Raises $6 Million

Lucid Imagination, a San Mateo, Calif.-based commercial open-source company focused on the Apache Lucene/Solr search technology, has raised $6 million in Series A funding from Granite Ventures and Walden International.

2 min read · 26 January 2009

Manifest Digital Raises $9 Million

Manifest Digital, a Chicago-based interactive marketing agency, has raised up to $9 million in VC funding from BIA Digital Partners.

3 min read · 26 January 2009

Xkoto Adds $3 Million

Xkoto Inc., a Waltham, Mass.-based provider of data virtualization technology, has raised $3 million in third-round funding. Return backers include GrandBanks Capital and GrowthWorks Canadian Fund. The company has now raised around $13 million in total funding.

2 min read · 26 January 2009

Maveron Backs TheWrap

TheWrap.com, an online news site focused on the entertainment and media markets, has launched with an undisclosed amount of VC funding from Maveron. The company was founded Sharon Waxman, former Hollywood correspondent for The New York Times.

3 min read · 26 January 2009

New York Common Allocates $550 Million to Emerging Managers

The New York State Common Retirement Fund has selected Parish Capital and Bank of America to help it expand its emerging manager private equity portfolio, which targets funds with less than $750 million in assets under management. The system has allocated $350 million to Parish, with $250 million allocated to co-investments and the remaining $100 million allocated to fund investments. The system has allocated $200 million to Bank of America, all of which is to be used for fund investments. To date, the system’s emerging manager program has invested approximately $400 million.

2 min read · 26 January 2009

Cisco Backs Digitalsmiths

Digitalsmiths, a Morrisville, N.C.-based provider of broadband video indexing, analytics and publishing solutions, has raised an undisclosed amount of strategic funding from Cisco Systems. The company had previously raised nearly $22 million from .406 Ventures, The Aurora Funds and Chrysalis Ventures. www.digitalsmiths.com

1 min read · 26 January 2009

Lumigent Adds $6 Million

Lumigent Technologies Inc., an Acton, Mass.-based provider of data auditing for compliance and security, has raised a $6 million recap round from return backer North Bridge Venture Partners, according to VentureWire. A regulatory filing dated January 7 indicates that only half of the round has been called down. Existing shareholders Greylock Partners and Solstice Capital did not participate. www.lumigent.com

1 min read · 26 January 2009

Virtual Computer Raises $15 Million

3 min read · 26 January 2009

Coulomb Technologies Raises First Round

Coulomb Technologies, a Campbell, Calif.-based developer of networked vehicle charging infrastructure for plug-in vehicles, has raised $3.75 million in Series A funding led by Estag Capital (Germany).

2 min read · 26 January 2009

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