Venture capital deals

May 18, 2012

Utopia Inc., a Mundelein, Ill.-based provider of enterprise data management solutions, has raised $50 million in new VC funding. FTV Capital led the round, and was joined by Liberty Mutual Insurance.www.utopiainc.com

NextIO, an Austin, Texas-based provider of /O consolidation and networking solutions, has raised $12.3 million in Series F funding. Return backers include Adams Capital Managementwww.nextio.com

Single Digits Inc., a Manchester, N.H.–based provider of mobile device connectivity, management and support services, has raised $10 million in equity funding from Tudor Growth Equity.www.singledigits.com 

AxialMarket, a New York-based platform that helps private companies manage and execute mergers and other financial transactions, has raised $6.5 million in Series A funding. Redpoint Ventures led the round, and was joined by family office Cove Point Holdings and return backers First Round Capital and Windcrest Partners. Read more.

Carnegie Speech, a Pittsburgh-based developer of spoken language training software, has raised $3.4 million in Series B funding. Backers include Osage Venture Partners, Golden Seeds and New York Angles. www.carnegiespeech.com

Crowdtilt, a San Francisco-based “group-funding” startup, has raised $2.1 million in first-round funding. Backers include Y Combinator, SV Angel, CrunchFund, Dole Capital, Paul Buchheit and Alexis Ohanian.www.crowdtilt.com

Spotify, a social music service, is seeking to raise upwards of $220 million at a $4 billion valuation, according to the NY Times. Goldman Sachs has agreed to lead the round with a $100 million commitment, but the remaining positions are not yet filled. Spotify previously raised over $100 million from Creandum, Wellington Partners, Founders Fund, Kleiner Perkins Caufield & Byers, Accel Partners and DST Group. www.spotify.com

Sign up for Dan's daily email newsletter on deals and deal-makers: GetTermSheet.com

FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions