Ecast Inc., a San Francisco-based operator of a broadband-enabled touchscreen media network, has raised $20 million in new venture capital. Focus Ventures led the deal, and was joined by return backers Mobius Venture Capital, Crosslink Capital, DCM and El Dorado Ventures. The company has raised over $80 million in total VC funding since its 199 inception.
ContextWeb Inc., a New York-based provider of real-time contextual advertising solutions, has raised $15.5 million in Series C funding. Draper Fisher Jurvetson led the deal, and was joined by fellow return backers DFJ Gotham Ventures, Updata Partners and DFJ New England.
Compellent, an Eden Prairie, Minn.-based provider of data storage and data management solutions, has raised $15 million in new venture capital. Nomura International led the deal, and was joined by return backers Cargill Ventures, Centennial Ventures, Crescendo Ventures and El Dorado Ventures. It has raised more than $53 million in total VC funding.
Nexaweb Technologies Inc., a Burlington, Mass.-based company focused on helping enterprises deploy Web 2.0 applications, has raised $10 million in Series B funding. Return backers include Egan-Managed Capital, Masthead Venture Partners and Velocity Partners.
Full Capture Solutions Inc., an East Hartford , Conn.-based provider of predictive solutions for the insurance industry, has raised $7 million in Series B funding. Greylock Partners led the deal, and was joined by return backer Ignition Partners.
Mobile Cohesion, a Belfast , Ireland-based provider of partner relationship management solutions for the telecom industry, has raised $4.8 million in second-round funding. Enterprise Equity led the deal, and was joined by Viridian Growth Fund and return backers Accel Partners and Cross Atlantic Partners.
Sterling Capital Partners and Citigroup Private Equity are sponsoring a proposed $8 per share management buyout of Educate Inc. (Nasdaq: EEEE). The company’s stock price closed at $7.06 per share on Friday, and Educate says that it will review the proposal.
France Telecom has received European Commission approval to sell its 54% stake in directories company PagesJaunes for around €3.3 billion, to a private equity consortium that includes KKR, AXA Private Equity, Eurazeo and Goldman Sachs.
eHealth Inc., a Mountain View, Calif.-based online source of health insurance for individuals, families and small businesses, has set its proposed IPO terms to five million common shares being offered at between $10 and $12 per share. It plane to trade on the Nasdaq under ticker symbol EHTH, with Morgan Stanley and Merrill Lynch serving as co-lead underwriters. The company raised around $86 million in VC funding, from firms like Sprout Group, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, QuestMark Partners and Lake Street Partners.
Caribe Acquisition Holdings, a portfolio company of Welsh, Carson, Anderson & Stowe, has agreed to acquire ACS Media LLC for Cdn$188 million. ACS Media is the largest publisher of print and Internet advertising directories in Alaska.
RigNet Inc., a Houston, Texas-based provider of managed communications services for the upstream oil and gas industry, has acquired OilCamp AS, a Norwegian provider of communications services to the oil industry. No financial terms were disclosed. RigNet has raised nearly $14 million in VC funding from firms like Altira Group, HitecVision and Sanders Morris Harris, while OilCamp had been backed by HitecVision and TeleVenture Management.
Siemens Building Technologies Inc. has agreed to acquire VistaScape Security Systems Corp., an Atlanta-based provider of video analytic technology designed to protect critical infrastructure from a broad spectrum of threats. No financial terms were disclosed for the deal, which is expected to close within 30 days. VistaScape has raised over $18 million in VC funding from firms like H.I.G. Capital, Paladin Capital Group, CDP Capital and Visionaria Venture Capital.
