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Published scoops - Venture Capital

18

FNCB Completes $25 Million Sale of Subordinated Notes (Business Wire)

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DUNMORE, Pa.----First National Community Bancorp, Inc. reported today it has completed its previously announced sale of $25 million of subordinated notes, which will mature on September 1, 2019.

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14

Mindspeed Announces Closing of $18.3 Million Common Stock Offering (Business Wire)

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NEWPORT BEACH, Calif.----Mindspeed Technologies, Inc. , a leading supplier of semiconductor solutions for network infrastructure applications, today announced the closing of its previously announced public offering of 2.52 million shares of common stock, at a price of $7.25 per share.

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18

Hercules Technology Growth Capital Provides an Additional $3.0 Million of Capital to InfoLogix, Inc. to Launch New Products Roll-Out and Fund New Growth (Business Wire)

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PALO ALTO, Calif.----Hercules Technology Growth Capital, Inc. , the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that it has increased its commitment to grow the operations of InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries.

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19

Wonmore Investing Nearly $2 Million Into Endeavour High-Rise on Clear Lake (Business Wire)

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AUSTIN, Texas----Houston-based Wonmore Ltd. announces they are investing nearly $2 million to renovate and repair the Endeavour Clear Lake luxury high-rise. Wonmore, a single purpose entity and partnership created for the acquisition of the property, purchased the remaining 44 condominiums in the Endeavour luxury high-rise on Clear Lake, located at 4821 NASA Parkway in Pasadena, Texas, for $9.5 million on December 16, 2009.

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11

Testar Expands LED Chip Testing Services with Green Light on WI Harper Group Investment (Business Wire)

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TAIPEI, Taiwan----Testar Electronics Corporation, specialists in testing and optimizing Light Emitting Diode chips and a subsidiary of Chroma ATE Inc. , today announced it has signed definitive agreements to become an independent entity and to receive an institutional investment from WI Harper Group.

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12

NEA Announces Appointment of Ron Bernal as Venture Partner (PR Newswire)

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New Enterprise Associates, Inc. , a leading global venture capital firm, today announced that technology industry veteran Ron Bernal has joined the firm as a Venture Partner. In this new role, Mr.

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20

Carticept MedicalTM Announces $20 Million Series B Financing (Business Wire)

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ALPHARETTA, Ga.----Carticept Medical, Inc., a developer of innovative products for the treatment of cartilage injuries and osteoarthritis, today announced that it has completed a $20 million Series B financing round.

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20

SiBEAM, Inc. Secures $36.5 Million in Series D Funding (Business Wire)

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SUNNYVALE, Calif.----SiBEAM, Inc., the leading innovator of millimeter wave solutions and developer of high-speed wireless communications platforms, today announced the closing of $36.5 million in Series D funding led by Foundation Capital.

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11

Scale Computing Secures $9.0 Million Series B Investment (Business Wire)

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INDIANAPOLIS----Scale Computing, a developer and manufacturer of complete, end-to-end midmarket clustered storage solutions, announces its Series B investment totaling $9.0 million.

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15

Alamo Energy Corp. Completes Additional Financing (Business Wire)

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LONDON----Alamo Energy Corp. , is pleased to announce that Eurasian Capital Partners has provided an additional $300,000 to fund the company’s continuing expansion.

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12

Hallmark Venture Feature of IC Places Story; "Great Companies Are Built on Great People" (Business Wire)

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VILLA PARK, Calif.----Hallmark Venture Group, Inc. is the subject of a new IC Places article entitled “Step Two In Finding Investment Gold.”

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10

Promontory Financial Group Study Cites Inherent Problems With A Pre-Funded Systemic Dissolution Fund for Financial Firms (Business Wire)

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WASHINGTON----A systemic dissolution fund for large failing financial institutions that is pre-funded through assessments on other financial firms would hamper economic growth, promote riskier activity among financial institutions, and be unfair to participating financial firms, according to a study released today by Promontory Financial Group.

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13

Solar Power, Inc. Receives Initial Commitment of $24.7 Million from $787 Billion American Recovery and Reinvestment Act (ARRA) (Business Wire)

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ROSEVILLE, Calif.----Solar Power, Inc. announced today that it has received an initial commitment of $24.7 million in Recovery Zone Facility Bonds by Sacramento County and is exploring plans to open a manufacturing facility within Sacramento County to build its high-performance solar panels.

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17

Institute for Systems Biology Receives $6 Million Gift from Anonymous California Donor (Business Wire)

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SEATTLE----The Institute for Systems Biology, an independent, non-profit biomolecular research institute, has received a $6 million gift from a California venture capitalist and philanthropist to support strategic organizational objectives.

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12

Dallas Film Society Announces Receipt of $200,000 Challenge Grant (Business Wire)

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DALLAS----The Dallas Film Society announced today that an anonymous donor has endowed the Society with a challenge grant of $200,000.

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18

WhiteGlove Secures Funding for National Expansion (Business Wire)

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AUSTIN, Texas----WhiteGlove House Call Health, Inc. , a new provider choice in medical care that offers affordable, high-quality routine care at the home or work, announced today that it has closed a series C round of funding to start expanding outside of Texas.

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18

John Muir Medical Center Auxiliary Gives $1 Million Toward $2.5 Million Pledge (Business Wire)

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WALNUT CREEK, Calif.----John Muir Health Foundation, the charitable fundraising organization for all John Muir Health programs and services, has received a $1 million installment from the John Muir Medical Center Auxiliary, Walnut Creek towards their $2.5 million Capital Campaign pledge to support the current $621 million hospital expansion at the Walnut Creek Campus.

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19

SeventySix Capital to Participate in Inaugural Department of Commerce Global Road Show (Business Wire)

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WEST CONSHOHOCKEN, Pa.----On March 7th, SeventySix Capital joined 9 other U.S. private equity and venture capital firms on an inaugural Global Road Show. The 14-day global tour is the first in a series of Global Road Shows produced by RG and Associates and supported by the U.S.

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21

DIRECTV Holdings LLC Announces Launch of Senior Notes Offering (Business Wire)

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EL SEGUNDO, Calif.----DIRECTV Holdings LLC , an indirect subsidiary of DIRECTV , announced today that it plans to offer, subject to market and other conditions, a benchmark size issuance of senior notes.

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13

eXo Accelerates U.S. Operations with $6 Million Series A Financing (PR Newswire)

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eXo, provider of Java middleware for cloud services, today announced an infusion of $6 million in venture capital financing from Auriga Partners and XAnge Capital. With the new funds, eXo accelerates its U.S. operations, including ramping up marketing and sales.

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