1 min read · 10 October 2008
Hart InterCivic, an Austin, Texas-based provider of election management and voting systems, announced that its senior management team has agreed to buy out the company’s venture capital and private investors. No financial terms were disclosed for the deal, which is expected to close within the next 10 days. Hart InterCivic has raised around $45 million since 2000, from firms like Stratford Equity Partners, Texas Growth Fund, CapStreet Group, RES Partners and Triton Ventures.
2 min read · 10 October 2008
Standard Solar Inc., a Gaithersburg, Md.-based provider of residential and commercial solar energy systems, has raised $8.5 million in second-round funding led by Truecast Capital.
2 min read · 10 October 2008
1 min read · 10 October 2008
ReverbNation, a marketing and promotion technology platform for the music industry, has raised $3 million in Series B funding. ETF Venture Funds led the round, and was joined by return backers Novak Biddle Venture Partners and Southern Capitol Ventures. ReverbNation has offices in New York and Raleigh, N.C.
3 min read · 08 October 2008
Tribilis Mobile, a San Mateo, Calif.-based publisher of interactive network applications for mobile phones, has raised $5.7 million in Series B funding. Altos Ventures led the round, and was joined by ATA Ventures an individual angels.
3 min read · 08 October 2008
1 min read · 08 October 2008
Odyssey Thera Inc., a San Ramon, Calif.-based provider of drug development technology, has raised an undisclosed amount of new VC funding. Merck & Co. was joined by return backers Burrill & Company, HBM Partners and Healthcap. The company had previously raised around $18 million.
2 min read · 08 October 2008
Melodis Corp., a San Jose, Calif.-based provider of online music search technology, has raised $7 million in Series B funding. TransLink Capital led the round, and was joined by JAIC America and return backer Global Catalyst Partners.
3 min read · 08 October 2008
Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, has raised $12 million in second-round funding. Goldman Sachs led the deal, and was joined by return backers JMI Equity and Northzone Ventures. It had previously raised a $10.3 million Series A round, and acquired Fort Collins, Colo.-based competitor Indicative Software for an undisclosed amount.
4 min read · 08 October 2008
