Investors have the Right Vision
French server design company Right Vision has received E17.5m from new and previous investors.
Innovacom, MM Pictet & Cie, and Partech International invested for the first time alongside previous investors CIC Finance, Compagnie Financière Edmond de Rothschild, FD5 and Turenne Capital Partenaires also contributed.
The company from Sophia-Antipolis said it would use the money for commercial and strategic development.
JPMorgan leads investors into Lorantis
JPMorgan Partners led a £11.5m second round in Lorantis, an immunology drug company.
JPMorgan was joined by new investor Quester Capital Management and existing shareholders Abingworth Management and Schroder Ventures Life Sciences.
Lorantis will use the money for R&D. At an average burn rate of approximately £346,700 a month, the company expects the money to last about two and half years.
Philip Rattel of JPMorgan Partners joins the board.
Lorantis was founded in May 1998 by Jonathan Lamb and Gerard Hoyne, professors of respiratory medicine at the University of Edinburgh, and Maggie Dallman, a professor of immunology at Imperial College, London.
Lorantis raised £2.98m in its first round last summer.
Jungo fever for Telesoft
Telesoft Partners has led a $7m second round of funding for Jungo Software Technologies.
Telesoft was joined by Infineon Ventures and Intel Communications.
Jungo, an Israeli software firm, said it would spend the money on marketing and R&D.
Founded in 1998, Jungo has offices in Israel and the US./p>
LDC invests in Peer
Lloyds TSB Development Capital (LDC) has invested £4m in Peer Information Group, a computer-programming publisher.
The Birmingham-based company said it would use the money to launch e-books and a web-based journal.
Peer was founded in 1992. The management team was advised by Deloitte & Touche and working capital facilities were provided by Bank of Scotland.
LDC has a portfolio worth about $1.25bn. Last year it invested £110m in 25 companies.
Funding by Jupiter
Jupiter Venture has invested a E1.5m first round in Energ.it in exchange for a 15% stake.
Energ.it is an Italian solutions provider for the telecommunications and energy solutions sectors.
It was founded in August last year by Luigi Filippini, formerly of Tiscali, and Fernando Codonesu.