VCJ Staff

Acclarent Cancels IPO

U.S. VCs Optimistic on Carbon Market

LucidMedia Raises $8.8 Million

LucidMedia, a Reston, Va.-based provider of an online contextual display advertising platform and meta-network, has raised $8.8 million in new VC funding. Backers include Lake Street Capital, RLI Partners, Melton Investments, Redleaf Group and Milan Mandaric.

Broncus Tech Raises $38 Million

Broncus Technologies Inc., a Mountain View, Calif.-based developer of medical devices for emphysema and other lung diseases, has raised $38 million in Series G funding. Ares Life Sciences led the round with a $25 million investment, and was joined by return backers Abingworth, Bio*One/Singapore, Charter Ventures, HBM BioVentures, JAIC America, Menlo Ventures, Pac-Link Ventures, Saints Capital and Sightline Ventures. The company had previously raised around $73 million, and earlier this year canceled a planned IPO.

Smartfundit Raises £3.5 Million

Smartfundit.com, a developer of an online finance exchange with offices in the UK and San Francisco, has raised £3.5 million in VC funding led by BayTech Venture Capital.

PureWave Networks Raises $12 Million

PureWave Networks Inc., a Mountain View, Calif.-based provider of 4G wireless base stations, has raised $12 million in Series B funding. ATA Ventures and Leapfrog Ventures were joined by return backers Allegis Capital and Benhamou Global Ventures.

Earth Capital Partners Eyes $5 Billion in Investment

GlassHouse Raises $9.8 Million

GoFish Raises $22.5 Million

GoFish Corp. (OTC BB: GOFH), a digital media company focused on “brand immersion” experiences, has raised $22.5 million in PIPE funding co-led by Panorama Capital, Rustic Canyon Partners and Rembrandt Venture Partners. The firms also have the option to invest an additional $2.5 million over the next few weeks.

Boundless Network Buys Local Rival

Boundless Network Inc., an Austin, Texas-based promotional merchandising company, has acquired local rival Custom Solutions for an undisclosed amount. Boundless has raised around $8.5 million in VC funding from firms like Austin Ventures and Silverton Partners.