VCJ Staff

Norwest Ventures Adds Israeli Partner

Dror Nahumi has joined Norwest Venture Partners as an Israel-based partner. He most recently was executive VP and chief strategy officer of Israeli telecom company ECI.

SwapTree.com Raises Series C

Swaptree.com, a Boston-based operator of a trading platform for books, CDs, DVDs and video games, has raised $3.35 million in Series C funding led by Safeguard Scientifics.

Fluidigm Postpones IPO

GreenVolts Raises $30 Million

GreenVolts Inc., a San Francisco-based developer of concentrating photovoltaic (CPV) technology, has raised $30 million in Series B funding from Oak Investment Partners.

VC Mark Donohue Joins Babson College

Microstaq Raises $12.5 Million

Microstaq Inc., an Austin, Texas-based maker of MEMS-based flow control valves, has raised $12.5 million in Series B funding. Good Energies led the round, and was joined by return backers Yaletown Venture Partners and Polygon Group.

Daylight Solutions Raises $5 Million

Daylight Solutions Inc., a Poway, Calif.-based developer of molecular detection and imaging instruments, has raised $5 million in Series B funding. No investors were announced, although past backers include Jade Invest (Switzerland), Magnecomp International (Singapore) and Masters Capital Nanotechnology (Chicago). Daylight Solutions also announced that it has won a $5.3 million contract with the Naval Research Laboratory. www.daylightsolutions.net

Cocrystal Raises $10 Million

Cocrystal Discovery Inc., a Seattle-based developer of antiviral therapeutics for the treatment of serious and chronic viral diseases, has raised $10 million in a VC round led by The Frost Group.

Gert Caspritz Joins NeoMed Management

3Leaf Raises $35 Million

3Leaf Systems Inc., a Santa Clara, Calif.-based maker of I/O virtualization servers, has raised $35 million in Series C funding, according to VentureWire. LSI Corp. led the round, and was joined by return backers Alloy Ventures, Enterprise Partners Venture Capital, Intel Capital and Storm Ventures. 3Leaf had previously raised around $32 million, including a $20 million Series B round in 2006. www.3leafsystems.com