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peHUB Wire: Tuesday, August 11, 2009Random Ramblings
- MMO Gamer Turbine Powers Up with $50 Million
MMO game publisher Turbine has raised $50 million in new VC funding, according to a regulatory filing discovered by peHUB. The investment comes just one month before Turbine launches its first-ever hybrid product, a Dungeons & Dragons Online spinoff that will be free to play with various premium (read: pay) sections. Turbine did not list any new investors for the "Series D" round, of which just over $6.5 million has been called down. Return backers include Columbia Capital, Highland Capital Partners, Granite Global Ventures, Polaris Venture Partners and Tudor Ventures. The Westwood, Mass.-based company had previously raised around $95 million, including a $40 million Series C round last April. No valuations have been disclosed.
- Highland delays fund close
LP sources say Highland Capital Partners has delayed the close and cut carry for fund VIII
- Week in deals, July 20, 2009
Summary of North American tech companies and other businesses that raised venture-related financing in the past week
- Exit watch, week of July 20, 2009
News briefs about VC-backed companies getting acquired in the past week
- Week in deals, July 13, 2009
Summary of tech companies and other businesses that raised financing in the past week
- VC-Backed Stem Cell Cos. Merge
iZumi Bio Inc., a South San Francisco-based regenerative medicine company that uses induced pluripotent stem (iPS) cells, has merged with fellow stem cell company Pierian Inc. The merger is being financed by $11.5 million in new capital, including $10 million from existing Pierian backer MPM Capital. iZumi had previously raised $20 million from Highland Capital Partners and Kleiner Perkins Caufield & Byers. The combined company will be named iPierian Inc.
- peHUB Wire: Thursday, July 9, 2009
Random Ramblings
- peHUB Wire: Thursday, July 9, 2009
Random Ramblings