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Venture Capital Deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
June 20, 2011, 12:43 PM ET

Classtecher Learning Systems, an India-based provider of K-12 educational content, has raised $15 million from Fidelity Growth Partners India.

Allegiance, a South Jordan, Utah-based provider of software that help companies translate customer insights into actionable business intelligence, has raised $12 million in Series B funding. El Dorado Ventures led the round, and was joined by Rembrandt Venture Partners and return backer Allegis Capital. www.allegiance.com

Touchstone Semiconductor, a Milpitas, Calif.-based maker of analog IC solutions, has raised $12 million in Series A funding from Opus Capital and Khosla Ventures. www.touchstonesemi.com

StorSimple, a Santa Clara, Calif.-based provider of enterprise cloud storage for Windows and VMware infrastructure, has raised $10.5 million in Series C funding. Ignition Partners led the round, and was joined by return backers Index Ventures, Mayfield Fund and Redpoint Ventures. The company previously raised $21 million. www.storsimple.com

PlotWatt, a Durham, N.C.-based provider of smart energy meter data analysis, has raised $1 million in seed funding led by Felicis Ventures. www.plotwatt.com

THURSDAY, JUNE 23

iHush, a Chinese flash sale company for branded consumer items, has raised $43 million in VC funding from firms like Matrix Partners China, according to a local press report.

Shazam, a London-based mobile discovery company, has raised $32 million in new funding. Kleiner Perkins Caufiled & Byers and Institutional Venture Partners co-led the round, with existing investor DN Capital also participating. www.shazam.com

Transphorm Inc., a Santa Barbara, Calif.-based developer of power conversion technology, has raised $25 million in Series D funding. Quantum Strategic Partners led the round, and was joined by return backers Kleiner Perkins Caufield & Byers, Google Ventures, Foundation Capital and Lux Capital. The company previously raised $38 million. www.transphorm.com

Visen Industries Ltd., an Indian maker of water-based polymer emulsions for use in various industries, has raised $25 million in growth equity funding from The Carlyle Group. www.carlyle.com

Encore Career Institute, a Los Angeles-based online education startup founded by Steve Poizner, has raised $15 million in Series A funding co-led by InterWest Partners and Granite Ventures. Encore will provide professional certificates and career counseling for Baby Boomers, in partnership with UCLA Extension, The Sherry Lansing Foundation and Creative Artists Agency.

Bromium, a San Francisco-based security and virtualization startup, has raised $9.2 million in Series A funding. Backers include Andreessen Horowitz, Ignition Partners and Lightspeed Venture Partners.www.bromium.com

The NaturallyCurly Network, an Austin, Texas-based social network for people with curly hair and the brands and professionals that service them, has raised $1.2 million in Series C funding. Backers include Golden Seeds, Jimmy Treybig (Tandem Computers founder) and John Paul DeJoria (co-founder of John Paul Mitchell Systems). www.NaturallyCurlyNetwork.com

WEDNESDAY, JUNE 22

Tesaro Inc., a Waltham, Mass.-based oncology pharma company, has raised $101 million in Series B funding. Kleiner Perkins Caufield & Byers led the round, and was joined by InterWest Partners, T. Rowe Price, Pappas Ventures, Oracle Partners, Deerfield Management and Leerink Swann. New Enterprise Associates, which led Tesaro’s $40 million Series A round in 2010, also participated.www.tesarobio.com

Enablon, a Paris-based provider of sustainability management software, has raised $15 million from theEnvironmental Technologies Fund. www.enablon.com

Janalakshmi Financial Services, a Bangalore, India-based provider of micro-lending services to the urban poor, has raised $14.4 million in new funding. Citi Venture Capital International led the round, and was joined by TreeLine.

Mendor, a Finland-based maker of diabetes products like blood glucose monitors, has raised €8.1 million in Series B funding.Entrepreneur Risto Siilasmaa led the round, and was joined by Life Sciences Partners, Finnish Industry Investment Ltd., Finnish Mutual Pension Insurance Co., Ilmarinen, Biothom and the Finnvera Venture Capital. www.mendor.com

DisplayLink, a Palo Alto, Calif.-based provider of networked display technology for multi-monitor and USB-connected computing, has raised $8 million in fourth-round funding. Backers include Atlas Venture, Balderton Capital, DAG Ventures, DFJ Esprit and WTI.www.displaylink.com

Glympse, a Redmond, Wash.-based maker of a location-sharing app, has raised $7.5 million in Series B funding co-led by Menlo Ventures and Ignition Partners. www.glympse.com

Kyruus Inc., a Boston-based provider of software solutions for facilitating transparent physician engagements, has raised $5.5 million in Series A funding. Participants include Highland Capital Partners, Venrock, Gerson Lehrman Group and Jonathan Bush (CEO of Athenahealth). www.kyruss.com

TUESDAY, JUNE 21

Ping Identity, a Denver-based provider of cloud identity security solutions, has raised $21 million in fifth-round funding. Triangle Peak Partners and Silicon Valley Bank were joined by return backers Appian Ventures, Draper Fisher Jurvetson, General Catalyst Partners, SAP Ventures and Volition Capital. The company previously raised around $38 million. www.pingidentity.com

CSN Stores, a Boston-based online retailer of home goods, has raised $165 million in its first round of outside intitutional funding. Participants include Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital. The nine-year-old company was originally bootstrapped by co-founders Niraj Shah and Steve Cornine, and says that it generated more than $380 million in 2010 revenue.www.csnstores.com

ScaleXtreme Inc., a cloud-based systems management company located in Palo Alto, has raised $11 million in Series B funding. Ignition Partners led the round, and was joined by return backer Accel Partners. www.scalextreme.com

Cloud9 IDE, a cloud-based development environment for web and mobile apps, has raised $5.5 million in Series A funding from Accel Partners and Atlassian Software. The company also is relocating its headquarters from Amsterdam to San Francisco.

Valencell Inc., a Raleigh, N.C.-based developer of technology that gives audio headsets the ability to monitor a user’s health and fitness, has raised $5.5 million in Series B funding. Best Buy Capital led the round, and was joined by TDF and True Ventures. www.valencell.com

Daily Deals for Moms, a Denver-based social couponing website for moms and families, has raised an undisclosed amount of angel funding. Backers include Victor Lazzaro Jr., a managing director with private equity firm Volante Capital. www.dailydealsformoms.com

Core Mobile Networks, a Santa Clara, Calif.-based startup that correlates information from enterprise IT systems with content in the cloud, has raised an undisclosed amount of funding from Citrix Systems.www.citrix.com

MONDAY, JUNE 20

BeachMint, a Santa Monica, Calif.-based social commerce company for celebrity–curated direct-to-consumer products , has raised $23.5 million in new VC funding. Scale Venture Partners and Lightbank co-led the round, and were joined by return backers New Enterprise Associates, Trinity Ventures and Anthem Ventures. The company’s first brand was a jewelry line from actress Kate Bosworth, and it plans to soon unveil an apparel line designed by Mary-Kate and Ashley Olsen. www.beachmint.com

iControl Networks Inc., a Palo Alto, Caif.-based provider of broadband home management solutions, has raised over $50 million in Series D funding led by undisclosed “energy and cleantech investors.”  eturn backers include Cisco, Comcast Ventures, Intel Capital, Charles River Ventures, Kleiner Perkins Caufield & Byers, Rogers Communications and Tyco International. The company previously raised around $43 million. www.icontrol.com

Ultragenyx Pharmaceutical Inc., a Novato, Calif..-based developer of rare disease therapeutics, has raised $45 million in Series A funding. TPG Biotech and Fidelity Biosciences co-led the round, and were joined by return backers HealthCap and Pappas Ventures. www.ultragenyx.com

Evernote, a Sunnyvale, Calif.-based provider of information capturing technologies, is raising around $50 million in new VC funding, according to TechCrunch. The round would be led by existing shareholder Sequoia Capital. The company already has raised over $40 million from Sequoia, Morgenthaler Ventures, DOCOMO Capital and Troika Dialog. The company previously raised $20.5 million. www.evernote.com

Jan Medical, a Mountain View, Calif.-based developer of a portable brain sensing system that rapidly diagnoses strokes, has raised $3.15 million in Series A funding led by Germany-based Brainlab. www.janmedical.com

About the Author
By Dan Primack
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