daveliu.com Blog

January 9, 2007

Internet and Software Deals of the Day

Filed under: Asia Internet, Digital New Media, Fundings, Software, US Internet — Dave @ 1:44 am

Corrigo Inc., a Wilsonville, Ore.-based provider of on-demand service management solutions, has acquired Aligo Inc., a San Francisco based provider of mobile field service and service management solutions. No financial terms were disclosed. Corrigo has raised over $41 million in VC funding since its 1999 inception, from firms like Asset Management Co., Sierra Ventures, Sycamore Ventures and Staenberg Venture Partners. has raised over $30 million in VC funding since its 1999 inception, from firms like Dolphin Equity Partners, Motorola Ventures, RBC Capital Partners and Thomas Weisel Venture Partners. http://www.corrigo.com/ http://www.aligo.com/Nimsoft, a Redwood City, Calif.-based provider of service-level management solutions, has raised $10.3 million from JMI Equity and Northzone Ventures. It is the company’s first round of institutional funding, despite having been founded in1998. http://www.nimsoft.com/

Enclarity Inc., an Aliso Viejo, Calif.-based information management and analytic software company focused on the healthcare market, has raised $10 million in Series B funding. Bain Capital Ventures led the deal, and was joined by return backer Ignition Partners. www.enclarity.com

Camiant Inc., a Marlborough, Mass.-based provider of policy servers for IP-based multimedia services, has raised $8.1 million in Series C funding from return backers like Matrix Partners and North Bridge Venture Partners. http://www.camaint.com/

Adventure Central, a Denver-based provider of online booking and travel inventory management services for adventure tour operators, has raised $3.5 million in Series B funding. Allegis Capital led the deal, and was joined by return backers Wolf Ventures and Advantage Capital Partners. http://www.adventurecentral.com/

Frantic Films, a Winnipeg, Canada-based visual effects, film and television production company, has raised Cnd$5 million in VC funding from Priveq Capital Funds. The proceeds will be used to fund the growth of all Frantic’s divisions through acquisitions and investment in current operations.

Mobango, a London-based operator of an online and mobile community for cell phone enthusiasts, has raised Euro 2 million in first-round funding from Doughty Hanson Technology Ventures. http://www.mobango.com/

Truphone, a London-based mobile VoIP startup, has raised Gbp12.5 million ($24.5m) in Series A funding. Wellington Partners led the deal, and was joined by Independent News & Media, Burda Digital Ventures and return backer Eden Ventures. http://www.truphone.com/

Discretix Technologies Ltd., an Israel-based provider of embedded security solutions for mobile devices and flash memory, has raised $20 million in third-round funding. Sequoia Capital led the deal, and was joined by return backers Accel Partners, Eurocom Group, Genesis Partners, Jerusalem Global Ventures, Shrem-Fudim-Kelner, Pitango Venture Capital and Poalim Capital Markets. www.discretix.com

Heavy Inc., a New York-based broadband entertainment company, has raised $20 million in Series E funding from Polaris Venture Partners. This space previously reported on a $12.8 million first close, based on a regulatory filing. http://www.heavy.com/

Ketera Technologies Inc., a Santa Clara, Calif.-based provider of on-demand spend management solutions, has raised $14 million in fifth-round funding. DAG Ventures led the deal, and was joined by Teachers’ Private Capital and return backers Concentric Equity Partners, Emergence Capital, Integral Capital, Foundation Capital Partners and Kleiner, Perkins Caulfield and Byers. Ketera has raised around $93 million in total VC funding. http://www.ketera.com/

OpenCloud Ltd., a Cambridge, UK-based provider of application servers to the telecom market, has raised $10.25 million in first-round funding from Advent Venture Partners, No 8 Ventures and Motorola Ventures. http://www.opencloud.com/

Brocade Communications Systems Inc. (Nasdaq: BRCD) has acquired Silverback Systems Inc., a Campbell, Calif.-based provider of network acceleration technologies. No financial terms were disclosed, except that Brocade said that the “cash purchase price is not material to Brocade.” Silverback has raised around $50 million in total VC funding since its 2000 inception, from firms like JPMorgan Partners, Pitango Venture Capital, China Development Industrial Bank, Gemini Capital, Intel Capital, Newbury Ventures, Network Appliance Corp. and US Trust Private Equity. http://www.brocade.com/  http://www.silverbacksystems.com/

Automated Trading Desk, a Mt. Pleasant , S.C.-based provider of electronic trade-execution services, has raised $60 million from Technology Crossover Ventures, in exchange for a minority ownership position. http://www.atdesk.com

Amobee Media Systems Inc., an Israel-based developer of ad-serving solutions for mobile operators, has raised between $15 million and $20 million in second-round funding, according to Globes Online. Globespan Capital Partners was joined by return backers Accel Partners and Sequoia Capital. www.amobee.com

BioPassword Inc., a Issaquah, Wash.–based provider of authentication and anti-fraud software, has raised $11 million in Series C funding. RRE Ventures was joined by return backers Citrix Systems, Ignition Partners and OVP Venture Partners. http://www.biopassword.com/

ChaCha, an Indianapolis-based search startup, has raised $6 million in first-round funding led by Bezos Expeditions, with additional participation from Rod Canion (founding CEO of Compaq) and Jack Gill (partner at Maven Ventures). http://www.chacha.com/

C-nario, a Tel Aviv, Israel-based provider of systems for digital signage networks, has raised $5 million in first-round funding led by Carmel Ventures. http://www.c-nario.com/

Digital Media Group Company Ltd., a Shanghai , China-based operator of digital media networks inside subway systems, has raised an undisclosed amount of Series B funding. Oak Investment Partners led the deal, and was joined by Sierra Ventures and return backers NIF SMBC Ventures and Gobi Partners. www.dmgtv.com

Wallstrip, a New York-based video-blog about the stock market, has raised over $500,000 in seed funding from angels like Fred Wilson, according to NewTeeVee

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