Boston-based Ember, a provider of low-power wireless mesh networking technology has renewed its 2009 US$5 million venture debt financing. Wellington Financial arranged the financing for the original transaction which provided the company with additional working capital to accommodate its growth strategy. Venture capital backers include Polaris Ventures, GrandBanks Capital, RRE Ventures, Vulcan Capital, DFJ ePlanet Ventures and New Atlantic Ventures.

Deutsche Bank has taken a page from Morgan Stanley playbook on capping bonuses. But they have deferred bonuses awards (cash and stock) in excess of 200,000 euros, or about $265,000. Recall that Morgan Stanley deferred cash bonus awards over $125,000. At Deutsche Bank, awards over 200,000 will be paid out half in cash and half in stock over three years. And awards below 200,000 will also be half cash, half stock. Article

Once again, New York has found itself in the middle of a storm regarding the proposed settlement between states and big mortgage banks.

John Paulson is off to a great start in his quest to get his top two funds back to their high water marks.

Recall that his Advantage fund and the leveraged version, the Advantage Plus fund, both cratered in 2011, falling roughly 36 percent and 51 percent, respectively. But January has been kind to the hedge fund guru.

Ignite Game Technologies said it received $5 million of Series C funding from existing and new private investors. No other details were released. The San Francisco games company has now raised $17.5 million in three rounds of funding in 2010 and 2011.

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IGNITE GAME TECHNOLOGIES SECURES $5 MILLION OF SERIES C FUNDING

Simraceway™ Creators Receive Third Round of Financing Following Successful Launches of Online Racing World and Revolutionary Steering Wheel

BASF Venture Capital has put $5 million into Solidia Technologies, a maker of building and construction materials, as part of a $27 million financing round. The round also includes participation from Kleiner Perkins Caufield and Byers, BP Ventures and Bright Capital, the venture arm of RU-COM Corp.

Does this mean great overdraft fee controversy is finally over? Bloomberg reports that JPMorgan Chase has agreed to pay $110 million to settle litigation that charged that the bank gouged customers on overdraft fees by ordering the checks to be cashed in a specific order. A judge must still approve the deal. Recall that since the controversy exploded, reform measures were passed that requires bank to offer customers voluntary opt-in.

San Francisco-based Mobeam Inc., a developer of technology to help mobile phones interacti with retail laser scanners, has added $1.5 million to its Series A round, bringing the round to $6.4 million. The company added as an investor DFJ Athena, a Korea-focused venture fund affiliated with Draper Fisher Jurvetson.

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A New York Times investigation has turned up something intriguing relating to SEC enforcement actions against bulge bracket banks.

The banks have routinely won exemptions to various restrictions that would normally accompany enforcement actions. These restrictions typically would make it harder for companies to underwrite debt and equity as well as manage mutual funds. Regulators make these exemptions for banks to “keep stock and bond markets open to companies with legitimate capital-raising needs.” 

MarketWatch reports that T. Rowe Price Associates is holding Facebook shares worth more than $400 million. Eight one funds and accounts managed or sub-advised by T. Rowe Price held Class A shares, while 77 funds or accounts run by the firm holding Class B shares. That’s decent news for fund shareholders, though it’s unclear if any one fund stands to make a killing. For most mutual funds, the Facebook investment remains small, which means they will be clamoring for a large allocation most likely.