Massachusetts Investor's Digest
massinvestor.com Venture Capital Startup Spotlight Advisor's Corner Deal Flow
Advertise About Massinvestor.com Frequently Asked Questions Contact Us

November 2001
October 2001
September 2001
August 2001
July 2001
June 2001
May 2001
Venture Capital
December Venture Capital Financings
Compiled by D. Piemonte

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.

  1   2 

TOP
ORDER NOW!
Venture Capital | Startup Spotlight | Advisor's Corner | Deal Flow
Advertise | About Us | FAQs | Contact | Home
 
© 2002 Massinvestor, Inc.