Trion World Network Inc., a Redwood City, Calif.-based publisher of server-based games, has raised $70 million in Series C funding. ACT II Capital led the round, and was joined by DCM, Trinity Ventures and return backers Rustic Canyon, Time Warner, Peacock Equity and Bertelsmann.
4 min read · 23 September 2008
Right90, a Foster City, California-based sales forecaster, has raised $10 million in Series C funding. Horizon Ventures led the round, and was joined by return backers InterWest Partners, Shasta Ventures and US Venture Partners. The company has now raised $27 million in total VC funding.
2 min read · 23 September 2008
3 min read · 23 September 2008
Adap.tv, a San Mateo, Calif.-based platform to help online publishers monetize video content, has raised $13 million in Series B funding. Spark Capital led the round, and was joined by return backers Redpoint Ventures and Gemini Israel Funds.
3 min read · 23 September 2008
KaloBios Pharmaceuticals Inc., a South San Francisco-based developer of antibody therapeutics, has raised $20 million in the first close of its Series D funding round. Mitsubishi UFJ Capital and Genzyme Corp. co-led the round, and were joined by return backers MPM Capital, Alloy Ventures, GBS Ventures, Sofinnova Ventures, Singapore Bioinnovations, Pte., 5AM Ventures and Lotus Bioscience Ventures.
3 min read · 23 September 2008
U.S. Genomics, a Woburn, Mass.-based developer of single-molecule biology technologies for diagnostics and biodefense applications, has raised $4.5 million in private equity funding from Becton, Dickinson & Co. The two companies also entered a strategic partnership to collaborate on the creation of an infectious disease diagnostic platform.
3 min read · 23 September 2008
Altair Semiconductor, a Hod Hasharon, Israel-based developer of mobile WiMAX processors for handsets and other handheld devices, has raised $22 million in Series C funding. Pacific Technology Fund led the round, and was joined by ETF Venture and return backers Bessemer Venture Partners, Bessemer Venture Partners, BRM Capital, Giza Venture Capital and Jerusalem Venture Partners.
3 min read · 23 September 2008
OpTier Inc., a New York-based provider of business transaction management technology, has raised $47.5 million in fourth-round funding. Index Ventures and Morgan Stanley were joined by return backers Cisco Systems, Gemini Israel Funds, Pitango Venture Capital, Carmel Ventures and Lightspeed Venture Partners. OpTier has now raised around $90 million in total VC funding since 2003. OpTier also announced that it has secured a $15 million line of credit from Plenus Venture Lending.
6 min read · 23 September 2008
Jean-Noël Odier has joined PCG Asset Management as a managing director, where he will focus on international business development and open an office in Singapore. He previously was with BNP PAribas n Hong Kong, where he developed a wealth management platform for family offices and high-net-worth individuals.
3 min read · 23 September 2008
Pentadyne Power Corp., a Chatsworth, Calif.-based provider of flywheel energy storage systems, has raised $22 million in new private funding, including the conversion of existing convertible notes. No investor details were disclosed.
2 min read · 23 September 2008
