Ascend Venture Group

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SchoolNet Adds $13 Million

SchoolNet Inc., a New York-based developer of instructional management software for K12 school districts, has raised $13 million in Series D funding. The Carlyle Group led the round, and was joined by fellow return backers Ascend Ventures, Hamilton Lane and the New York State Common Retirement Fund. The company had previously raised $28 million.

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Send Word Now Raises $14 Million

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.

Ascend Venture Group funds managed

Closed funds: 4

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Stories that mention Ascend Venture Group

Phorus Seals $2M Series A

Los Angeles-based Phorus has raised $2 million in Series A financing for its wireless home audio products. Details of the investment round were not released.

Mogreet, CBS Atlanta Launch Mobile Video Weather and News Alerts

Mogreet and CBS Atlanta formed a partnership to launch a mobile video program for WGCL-TV, which is a CBS-affiliated station. The service will deliver video news and weather alerts directly to consumers' mobile devices. Mogreet is a Venice, Calif.-based mobile marketing platform for the delivery of information to mobile devices. It has raised $10 million from Ascend Venture Group, Black Diamond Ventures, DFJ Frontier, Spyglass Ventures and Clovehitch Partners.

Language-learning startups speak to VCs

Carnegie Speech, among others, raises $2.2M in early stage capital

Week in deals, June 22, 2009

Summary of tech companies and other businesses that raised financing in North America in the past week

Wimba Raises $6 Million

Wimba Inc., a New York-based provider of collaborative education software, has raised $6 million in Series C funding led by ABS Ventures. The company previously raised around $13 million from firms like ABS, Ascend Venture Group, Gefinor Ventures and Tudor Ventures.