Solar Power Partners Inc. announced that it has closed a total of $100 million in private equity and debt financing, and that it soon expects to close on another $60 million for project financing. Backers include United Commercial Bank, Globespan Capital Partners, Energy Investors Funds, The Enlightened World Foundation, Carrelton Asset Management, Dry Creek Ventures and Silicon Valley Technology Group. The Mill Valley, Calif.-based company develops, owns and managers a distributed network of mid-size commercial solar energy facilities that is remotely managed from a central location. It had previously disclosed a $6.2 million Series A round, via a regulatory filing.
2 min read · 30 September 2008
Telormedix SA, a Swiss developer of immunotherapeutics, has raised around CHF 21 million ($19m) in Series A funding. Aravis Ventures led the round, and was joined by Proquest Investments, BSI SA, Nextech Venture and Generali Insurance Group
4 min read · 30 September 2008
EnQii Holdings Ltd., an digital out-of-home advertising company with offices in five countries, has raised $18 million in Series B funding. Amadeus Capital Partners and Wellington Partners co-led the deal, and were joined by return backer Ithmaar Bank.
4 min read · 30 September 2008
1 min read · 29 September 2008
Regent Education, a Frederick, Md.-based SaaS provider of financial aid management software, has raised $7.5 million in new VC funding. Chrysalis Ventures led the round, and was joined by return backer Edison Venture Fund.
2 min read · 29 September 2008
MarineCFO Inc., a Houston, Texas-based provider of software for the marine transport market, has raised an undisclosed amount of Series A funding led by EmergingISV Capital Partners (VentureWire puts the round amount at $2.8m).
2 min read · 29 September 2008
Novagali Pharma SA, a French ophthalmic drug company, has raised €15 million from existing shareholders. The company had previously raised around $52 million since 2000 from firms like CDC Innovation, ADF Private Equity, Edmond de Rothschild Investment Partners and Credit Agricole Private Equity.
2 min read · 29 September 2008
Skydeck, a San Mateo, Calif.-based provider of an online service for keeping track of mobile phone activity, has raised $3 million in Series A funding from Saban Ventures. The company had previously raised a $1 million angel round.
3 min read · 29 September 2008
ISTA Pharmaceuticals Inc. (Nasdaq: ISTA), an Irvine, Calif.-based ophthalmic drug company, has secured a $65 million credit facility from existing shareholders Deerfield Management, Sprout Group and Sanderling Ventures. RBC Capital Markets served as placement agent.
4 min read · 29 September 2008
Send Word Now, a New York-based SaaS provider of emergency notification solutions, has raised $14 million in Series D funding. Palisade Capital Management led the round, and was joined by return backers Southpaw Asset Management and Ascend Venture Group. The company had previously raised around $19 million.
3 min read · 29 September 2008
