Metaplace (f.k.a. Areae Inc.), a San Diego-based developer of a platform that allows users to create virtual online worlds, has raised $6.7 million in new VC funding. Marc Andreessen and Ben Horowitz were joined by return backers Charles River Ventures and Crescendo Ventures. The company has now raised $9.4 million.
2 min read · 23 October 2008
1 min read · 23 October 2008
1 min read · 23 October 2008
Baronova Inc., a Goleta, Calif.-based developer of non-invasive devices to treat obesity, has raised $7.5 million in Series B funding, according to VentureWire. Allergan Inc. led the round, and was joined by return backers Arboretum Ventures, Highland Capital Partners and Onset Ventures. It had previously raised $9.6 million. www.baronova.com
1 min read · 23 October 2008
PixelOptics Inc., a Roanoke, Va.-based developer of optics for use in spectacle lenses, has raised $30 million in Series C funding. Longitude Capital led the round, and was joined by return backers The Carlyle Group, Delphi Ventures, Stark Investments and Life Science Angels.
3 min read · 23 October 2008
iContact Corp., a Durham, N.C.-based provider of email and Web-based marketing solutions, has secured $5 million in debt funding from North Atlantic Capital. The company previously raised $8.35 million in VC funding, from Updata Partners and IDEA Fund Partners.
2 min read · 23 October 2008
Richard Yanowitch has joined Emergence Capital Partners as a venture partner. He previously was a venture partner with Accel Partners. As founder and chairman of The Entrepreneurs Group, Yanowitch serves as an independent director of the boards of Yume, Mig 33, Lithium and Raptr.Technologies.
3 min read · 23 October 2008
LinkedIn, a San Francisco-based operator of a professional networking platform, has raised $22.7 million in additional Series D funding. It had previously held a $53 million first close at a valuation of just over $1 billion. The new tranche came from Goldman Sachs, McGraw-Hill Cos., SAP Ventures and return backer Bessemer Venture Partners. The original tranche had been led by Bain Capital Ventures.
4 min read · 23 October 2008
1 min read · 23 October 2008
Advanced Micro-Fabrication Equipment Inc., a Shanghai-based developer of plasma etching and chemical vapor deposition equipment for use in semiconductor fabs, has raised $58 million in Series C funding. Shanghai Venture Capital Co. Ltd. and Shanghai Pudong Science & Technology Investment Co. Ltd. Were joined by return backers Walden International, Lightspeed Venture Partners, Goldman Sachs, Redpoint Ventures, Global Catalyst Partners, Interwest Partners, Bay Partners, QUALCOMM Ventures and KT Venture Group. The company had previously raised around $88 million.
3 min read · 22 October 2008
