VCJ Staff

HyperQuality Raising Third Round

Envia Systems Raises $3.2 Million

Omidyar Network Staffs Up

Omidyar Network has made several new hires: Mark Halprin as a partner, after serving as VP of global safety and trust for eBay; Sal Giambanco as a partner in charge of human capital, after previously serving as VP of HR for PayPal and eBay; Stephen King as an investment director, after serving as a director with the BBC World Service Trust; Chris Bishko as an investment director, after spending 16 years as an I-banker with J.P. Morgan Chase; Sophie Bromberg as an investment director, after having been a senior director of global safety and trust for eBay; and Stacy Donohue as an investment director, after spending nine years in various roles with HP.

SiliconBlue Raises $24 Million

SiliconBlue Technologies, a Sunnyvale, Calif.-based developer of low-power field programmable gate array technology for consumer applications, has raised $24 million in Series B funding. New Enterprise Associates led the round, and was joined by return backers BlueRun Ventures and Crosslink Capital.

Neuroptix Raises $18.5 Million for Alzheimer’s Eye Test

Neuroptix Corp., an Acton, Mass.-based developer of a non-invasive eye test for early detection of Alzheimer’s Disease, has raised $18.5 million in Series B funding. Inventages led the round, while Rockport Venture Partners served as placement agent.

IDT Buys VC-Backed Silicon Optix

Integrated Device Technology Inc. (Nasdaq: IDTI) has acquired substantially all the assets of San Jose, Calif.-based video processing technology provider Silicon Optix. No financial terms were disclosed. Silicon Optix had raised nearly $120 million in VC funding since 2001, from firms like Canaan Partners, InterWest Partners, RBC Capital, Polaris Venture Partners, Apax Partners, Focus Ventures, iD Ventures America, Primaxis Technology Ventures and Origin Ventures.

VC-Backed GlobalLogic Buys InterObject

GlobalLogic Inc., a Vienna, Va.-based provider of outsourced software product engineering services, has acquired InterObject, an Israel-based software product engineering company. No financial terms were disclosed. GlobalLogic has raised nearly $50 million in VC funding from firms like Sequoia Capital India, New Atlantic Ventures and New Enterprise Associates.

AudioMicro Raises First Round

AudioMicro.com, a Sherman Oaks, Calif.-based crowd-sourced marketplace for commercial music licensing, has raised an undisclosed amount of Series A funding led by DFJ Frontier.

Brightstorm Raises $6 Million Series A

Brightstorm, a San Francisco-based online learning network for teens, has raised $6 million in Series A funding from KTB Ventures.

UnitedLex Raises $6 Million

UnitedLex Corp., an Atlanta–based provider of legal consulting, technology and outsourcing, has raised $6 million in Series B funding. Canaan Partners led the round, and was joined by return backer Helion Venture Partners.