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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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August 16, 2012, 2:01 PM ET

Connecture Inc., a Brookfield, Wis.-based health insurance process automation company, raised $20 million as part of a recap sponsored by existing shareholders GreatPoint Partners and Chrysalis Ventures, according to VentureWire. Past backers like Total Technology Ventures and Encubate Technology Ventures no longer are shareholders. www.connecture.com

Raydiance Inc., a Petaluma, Calif.-based developer of precision manufacturing solutions based on femtosecond laser technology, has raised $20 million in new VC funding. Samsung Ventures led the round, and was joined by return backers Draper Fisher Jurvetson, DFJ-Growth and Greenstreet Partners. www.raydiance.com

MovieClips, an online video site for movie scenes, has raised $18.5 million in Series C funding. U.S. Venture Partners led the round, and was joined by return backers like MK Capital, Shasta Ventures, SoftTech VC, First Round Capital, Richmond Park Partners. The company also is rebranding itself as ZEFR. Term Sheet first reported on the deal last month, saying that the valuation was north of $80 million. www.movieclips.com

Hopper, a Cambridge, Mass.-based provider of travel planning solutions, has raised $12 million in new VC funding. OMERS Ventures led the round, and was joined by return backers Brightspark Ventures and Atlas Venture. www.hopper.com

Goko, an HTML5 gaming platform, has raised $8 million in Series A funding from Alsop Louie Partners and Redpoint Ventures. www.goko.com

BiNu, an Australia-based mobile app platform for bringing iPhone-like experiences to low-end smartphones, has raised $2 million in funding from TomorrowVentures and individual angels. www.binu.com

ClassDojo, a San Francisco-based digital character building and behavior management service for teachers, has raised $1.6 million in seed funding from backers like Paul Graham, Ron Conway, Matt Ocko, Kapor Capital, Start Fund, General Catalyst Partners, Morado Ventures, Lerer Ventures, NewSchools Venture Fund and Learn Capital. www.classdojo.com

Fandeavor.com, a Las Vegas-based gameday immersion experience company, has raised $525,000 in seed funding led by Tony Hsieh’s VegasTechFund and early Zappos investor Erik Moore. www.fandeavor.com

Zalando, a German ecommerce company, has raised an undisclosed amount of new VC funding from firms like J.P. Morgan Asset Management and Quadrant Capital Advisors. Existing backers include Rocket Internet, Holtzbrinck Ventures, Tengelmann Ventures, Investment AB Kinnevik and DST Global. www.zalando.de

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