NEWTON UPPER FALLS, Nov. 30, Gazelle Systems, Inc.
announced a $3.25 million infusion of equity capital from
Zero Stage Capital and Pennsylvania Early Stage Partners,
a Safeguard Scientifics, Inc. (NYSE: SFE) affiliated private
equity fund. Sodexho - a wholly owned North American subsidiary
of Sodexho Alliance, the leading provider of food and facilities
management in the U.S. and Canada - has also participated
in this round of funding. Founded in 1998 by Charlotte Bogardus,
Gazelle Systems offers business intelligence reporting and
customer relationship management for the hospitality industry.
WESTWOOD,
Dec. 3, Centerstone Software, Inc. announced that
it has secured $5.5 million in its initial institutional
round of funding. The investment by four local firms was
led by Boston-based Egan-Managed Capital. Additional investors
include Corning Technology Ventures, Massachusetts Technology
Development Corporation and Trans National Group. Centerstone
will use the funding to broaden its sales and marketing
outreach and to further enhance its technology platform.
Centerstone Software, Inc., developer of e-Center One, offers
an integrated Internet platform for corporate Workplace
Resource Management.
WALTHAM,
Dec. 4, GoldK, a full-service retirement company
and provider of online retirement plans, announced that
it has received $26.3 million in Series B funding to further
develop its progressive technology platform. Lazard Technology
Partners, a venture capital firm dedicated to providing
investors with superior returns through early-stage investments
in information and communication technologies, is the lead
investor through its $305 million fund, LTP II. Lee Munder
Venture Partners and Pilot House Ventures Group are also
on the list of blue-chip institutional investors participating
in this round.
BOSTON,
Dec. 4, Experience.com Inc., a leading provider of
recruiting networks and career management technology for
universities and graduate schools, announced that it closed
$16.5 million in its third round of financing. The investment
was led by Polaris Venture Partners and a new investor,
Diamond Capital. Experience.com, Inc., is a leader in the
educated talent market. Founded as a result of a merger
in January 2000, the company provides recruiting and career
management technology and services to a network of over
70% of the top universities in the country.
WILMINGTON,
Dec. 5, kSARIA Corp., an automation pioneer in fiber-optic
component assembly, has raised $20 million in second-round
venture funding. The latest investment follows completion
of kSARIA's initial $15 million in venture funding nearly
a year ago. kSARIA's second financing round was led by a
new investor, Advent International in Boston, Mass., who
was joined by all of kSARIA's first-round institutional
investors: North Bridge Venture Partners, U.S. Venture Partners,
Boulder Ventures Ltd. and Spinner Asset Management, LLC.
kSARIA will use its fresh influx of capital to fully develop
its family of products and expand its sales and manufacturing
infrastructure.
BOSTON,
Dec. 6, GenuOne, Inc., a provider of comprehensive
brand security systems, today announced it has raised $7
million in Series C financing. This round is led by the
publicly listed, South African-based venture capital group,
VenFin, Ltd., and also includes funding from Boston-based
Integrity Partners, LLP, as well as several prominent Massachusetts
businessmen, including former Boston Bruin Cam Neely. VenFin
served as the primary investor in Certus International,
a leading developer of patent-pending on-line authentication
products, which was acquired by GenuOne earlier this month.
WOBURN,
Dec. 5, Swift Rivers Inc., a leading returns management
solutions provider, announced it received $3.6 Million in
its' second round of financing led by Zero Stage Capital.
Founded in 1999, Swift Rivers, Inc. delivers leading-edge
returns management technology to companies that handle a
substantial flow of returned goods across multiple vertical
markets - from direct retail to leasing, manufacturing and
industrial distribution.
LEXINGTON,
Dec. 7, iKnowledge, Inc., a provider of content aggregation
and distribution solutions, announced that it has closed
a private round of $8 million in additional financing from
the original investors of Carmel Ventures, DOR Ventures,
Star Ventures and new investor D-Partners. iKnowledge has
recently added a number of domestic and international companies
to its customer base, which includes Peakviewing Transatlantic,
Universal Music Group, Siemens and other industry leaders
in the healthcare, financial services and media & entertainment.
ANDOVER,
Dec. 8, Sandburst Corporation announced it raised $27.5
in a second-round of venture financing from Investor Growth
Capital, 3i, Boston University's community technology fund
and others. Sandburst has raised a total of $36 million. Previous
investors Matrix and Greylock also participated in this round.
Sandburst, a fabless semiconductor company, is pioneering
a revolutionary new technology for the design of highly complex
integrated circuits. |