Mergers & Acquisitions

Brightcove, a Cambridge, MA based Internet TV company, acquired MetaStories, a Seattle,WA based rich media production company, for an undisclosed amount.

Cadre Technologies, a Denver, CO based provider of supply chain management software that incorporates real-time warehouse management software system, acquired LDS , a Denver, CO based provider of warehouse management software and internet logistics solutions, for and undisclosed amount.

SafeView, a Santa Clara, CA based a security systems and portals provider, for an undisclosed amount.

Protegrity, a Stamford, CT based maker of data security management tools, acquired OmniSecure, a Santa Clara, CA basedprovider ofdata security, for an undisclosed amount.

Retail Systems Alert Group, a Newton, MA based provider information resources for the Extended Retail Industry, acquired Helmers Publishing, a Dublin, NH based publisher of high tech magazines, for an undisclosed amount.

SkillJam Technologies, a Toronto based online gaming company, acquired WorldWinner, a Newton, MA based online gaming company, for $23 million.

VeriSign, a Mountain View, CA, based provider of intelligent infrastructure services, acquired m-Qube, a Watertown, MA based supplier of mobile media content, for $250 million.

WorldCell, a Silver Springs, MD based provider of global wireless communications, acquired Mobile-Mind, a Watertown, MA based provider of wireless and smart card deployment, for and undisclosed amount.

Funding

Airgain – Carlsband, CA; a developer of smart antennas technology that increases the reach and bandwidth of home wireless systems; $4.1 million; Series B; Northwater Capital.

Asetek – Denmark; a developer of computer and graphics chips cooling; 6 million; Series A; Kt Venture Group, Northzone Ventures, Vaekstfonden.

Centeris – Bellevue, WA; a developer of software for managing Linux servers in Microsoft Windows Networks; $11.5 million; Series B; Trinity Ventures, Intel Capital, Ignition Partners.

Comverge– East Hanover, NJ; a provider of demand response hardware and software; $5.5 million; Series C; Air Products, Partners for Growth, Nth Power, EnerTech Capital Partners, Rockport Capital Partners, Norsk Hydro Ventures, Ridgewood Capital, Easton Hunt and Data Systems & Software, Inc.

EnterpriseDB – San Diego, CA; an enterprise-class, open source database company; undisclosed amount; Series A; Sony Online Entertainment, Charles River Ventures, Valhalla Partners.

Groove Mobile – Andover, MA; a developer of technology that delivers music to cell phones; $8.5 million; Series B; Egan Capial, Charles River Ventures, Kodiak Venture Partners, Star Ventures.

Initiatesystems – Chicage, IL; a provider of customer data integration and enterprise master person index software; undisclosed amount; Series E; In-Q-Tel.

IPlato – London, UK; a developer of mobile health care applications; undisclosed amount;round not specified; The Capital Fund.

IRphotonics – Montreal, Canada; manufacturer of infra red fiber optics; $4.2 million; Series A; Innovatech du Grand Montreal.

Mimetogen – Montreal, Canada; a developer of a small molecule drug; undisclosed amount; Series A; VIMAC Milestone, Medica Fund, and MSBi Capital.

Napatech – Copenhagen, Denmark; a developer of programmable high speed Ethernet network adapters; $5million; Series B; Ferd Venture, Northzone Ventures, DTU Innovation.

New West Publishing – Missoula, MT; an online media company; undisclosed amount; Series A; Maury Povich, Brad Feld, John Connors.

Proofpoint – Cupertino, CA; a developer of large enterprise messaging security solutions; $20 million; Series E; Bridgescale Partners, Benchmark Capital, Inventures Group, Meritech Capital Partners, Mohr, Davidow Ventures, and RRE Ventures.

RapidMind – Waterloo, Ontario; a developer of a software development platform designed for high performance processors; undisclosed amount; round not specified; Business Development Bank of Canada.

Rome – Austin, TX; a provider of risk management solutions; $14 million; Series B; Azure Capital Partners, Powershift Ventures.

Sonopia - Menlo Park, CA; a developer of technologies and online services that enable increased segmentation of the mobile subscriber market; $2.3 million; Series A; Comventures, Sevin, Rosen funds.

Upsteed – Israel; a developer of a cell phone adverting system designed to reduce costs to end users; $5 million; Series A; Accel Partners, Sequoia Capital.

Vayusa- Newton, MA; a provider of software where customers pay for merchandise by cell phones; $10 million; Series A; Seapoint Ventures.

Xactly – San Jose, CA; a provider of on demand sales compensation applications; $8 million; Series B; Outlook Ventures, Spinner Asset Management.

IPO Pricings

Nextest Systems Corporation (NASDAQ: NEXT)
San Jose, CA
Provider of automated testing products used to screen nonvolatile (flash) memory, microcontrollers, application-specific integrated circuits, and system-on-a-chip (SOC) semiconductors for defects.
Date of Offering: 3/22/06
Offer Price: $14.00
Closing Price as of 3/24/06: $16.05
Avg Volume: 310,600

IPO Filings

CommVault Systems, Inc. (NASQAQ: CVLT Proposed)
Oceanport, NJ
Provides storage and data management software that customers use to manage and store enterprise data.
Date of Registration: 3/17/06
Offering amount: $150 million
Lead Underwriter: Credit Suisse Securities (USA) LLC.

Local Matters, Inc.(NASQAQ: LOCL Proposed)
Denver, CO
Provides storage and data management software that customers use to manage and store enterprise data.
Date of Registration: 3/22/06
Offering amount: $57.5 millionLead Underwriter: Cowen & Company.

Executive Moves

Active Reasoning, a Palo Alto, CA based provider of software for managing IT compliance, named William Winters as Chairman, President, and CEO. Winters was formerly VP and General Manager at Siebel Systems.

ClickSoftware Technologies, a Burlington, MA based provider of workforce and service optimization solutions, named Hannan Carmeli as COO. Carmeli was formerly
VP for Professional Services and EVP for Field Operations for ClickSoftware.

Configuresoft, a Colorado Springs based provider of systems management technology software, named Andrew Bird as VP of Marketing and Steven Johnson as CFO.

EKOS, a Bothell, WA based provider of ultrasound-assisted, fluid infusion catheters for diagnosis and therapy named Doug Hansmann as Chief Operating Officer, Michael DellarioVP of Marketing and Jennifer VaughanVP of Sales. Dellario was formerly with Angio Dynamics. Vaughan was formerly Director of Sales at Guidant.

Ivara, a Burlington, Ontario based provider of asset management software named Gerry Bleau as CEO. Bleau was formerly CEO of Decision Dynamics Technology Ltd.

Perimeter Internetworking, a Milford, MA based provider of data security services, named Kevin Prince as its Chief Security Officer. Prince formerly founded Red Cliff Solutions.

ProfitLine, a San Diego, CA based provider of telecom expense management solutions, named Stephen Hundley as President and CEO. Hundley was formerly Executive Director and COO for Accenture Procurement Solutions.

VoiceObjects, a San Mateo, CA based provider of software for voice-based applications, named Beatriz Infante as Chief Executive. Infante was formerly interim CEO of Sychron.

Mergers & Acquisitions

California Micro Devices, a Milpitas, CA based supplier of application specific analog semiconductor products for the mobile handset, personal computer, and digital consumer electronics markets, acquired Arques Technology, a fabless manufacturer of analog semiconductor devices, for $8 million.

Google acquired @Last Software, a Boulder, CO based developer of Sketchup, a three-dimensional drawing and design program, for an undisclosed amount.

SiRF Technology, a San Jose, CA based provider of GPS-enabled silicon and premium software location platforms, acquired TrueSpan, a Long Beach, CA based developer of digital video broadcast receiver solutions for cell phones and other mobile CE devices, for an undisclosed amount.

VeriSign acquired Kontiki, a Sunnyvale, CA based provider of managed peer delivery systems for high-quality video, software, and digital content, for $62 million.

Funding

Athena Design Systems – Santa Clara, CA; develops and markets design optimization tools that address the physical implementation challenges of complex nanometer chip design; $4 million; round not specified; Asset Management Company, Draper Richards, Woodside Fund.

Everypoint – Boston, MA; developer of mobile applications; $10 million; Series B; Venrock Associates, Prism Venture Partners, TD Capital Ventures.

ExtendMedia – Boston, MA; a provider of a platform enabling the creation, distribution and operation of secure content services across a multitude of networks and devices; $8 million; Recap round; Atlas Venture, Venrock Associates.

Icera Semiconductor – Bristol, UK; a developer of wireless soft modems; $40 million; Series C; Amadeus Capital Partners, Accel Partners, Atlas Capital, Benchmark Capital.

Infopia – Salt Lake City, UT; a provider of on demand multi-channel ecommerce; $8 million; round not specified; BC Select Fund, Hummer Winblad Venture Partners, Transpacific Capital Partners, Trident Capital.

ip.access – Cambridge, UK; a developer of in-building wireless picocell solutions; $14.7 million; round not specified; Scottish Equity Partners, Intel Capital, Rothschild Gestion.

Metaweb Technologies – San Francisco, CA; a developer of Web infrastructure technology; $15 million; round not specified; Benchmark Capital, Millenium Technology Ventures, Omidyar Network.

Neocrafts – Herzeliya, Israel; a developer of software for the music industry; $5.5 million; Series A; Pitango Venture Capital, Star Ventures Management.

New Global Telecom – Golden, CO; a provider of hosted Voice-over-Internet-Protocol (VoIP) services; $10.75 million; Series A; Comcast Interactive Capital, Centennial Ventures, Columbia Capital, ICG Communications.

Optasite – Westborough, MA; a developer, owner and operator of telecommunications tower sites; $60 million; Series C; Key Venture Partners, Babson Capital Management, Centenial Ventures, Columbia Capital, GE Capital, Highland Capital Partners, Village Ventures.

Revinetix – Salt Lake City, UT; a provider of data backup and recovery technology solutions for small and medium size businesses (SMBs); undisclosed amount; round not specified; Grow Utah Ventures.

scanR – Palo Alto, CA; provider of a service enabling camera phones and digital cameras to scan, copy and fax; $4.65 million; Series A; Trinity Ventures, ThomVest.

Sipera Systems – Richardson, TX; a developer of security solutions for VoIP, mobile and multimedia communications; $13.2 million; Series B; Sequoia Capital, Austin Ventures, Star Ventures Management.

Tacoda – New York, NY; a behaviorally-targeted online advertising service; $12 million; Series C; Rho Ventures, Hanseatic Americas LDC, Masthead Venture Partners, Union Square Ventures.

WaveMark – Littleton, MA; a provider of databases are designed to collect product information at the manufacturing plant; $4.5 million; Series A; Loeb Partners, SRK Management.

ZealCore Embedded Solutions – Vasteras, Sweden; a developer of a software solution that quickly and effectively finds hidden errors inadvanced computer systems.; $1.5 million; round not specified; Industrifonden, KTH Seed Capital, SEB Foretagsinvest.

IPO Filings

China GrenTech Corporation Limited(NASQAQ: GRRF Proposed)
Shenzhen, China
China GrenTech provides customized wireless coverage and radio frequency (RF) technology.
Date of Registration: 3/13/06
Offering amount: $93.75 million
Lead Underwriter: Bear, Stearns & Co. Inc.

Himax Technologies, Inc.(NASQAQ: HIMX Proposed)
Hsinhua, Taiwan
Himax Technologies designs microchips used in TFT-LCD flat-panel displays.
Date of Registration: 3/13/06
Offering amount: $200 million
Lead Underwriter: Morgan Stanley Services Limited

Executive Moves

Centrify, a Mountain View, CA based provider of Microsoft Active Directory-based access control and identity management solutions for non-Microsoft platforms, named James Chappell as VP of Worldwide Field Operations. Chappell was formerly SVP of Business Process & Development at EMC.

Chrysalis Ventures, a Louisville, KY based venture capital firm, promoted Principal Koleman Karleski to Managing Director.

Freeborders, a San Francisco based technology outsourcing provider from China, named Paul Machle as CFO. Machle was formerly VP of Finance for Exigen.

Full Capture Solutions, an East Hartford, CT based provider of predictive analytics software and services for the insurance industry, named William Nadal as SVP and CTO, Myong Yun Lee as SVP and Zunli Zhou as VP. Nadal was formerly CTO at Herzum Software. Lee was formerly SVP of Risk, Systems & Analytics at General Electric Commerce Finance. Zhou was formerly VP at Citicorp.

GameLogic, a Waltham, MA based virtual-play gaming platforms for lotteries and casinos, named John Taylor as President and Board Member. Taylor was formerly Managing Director and Partner at Snowmark.

Granite Global Ventures (GGV), a Menlo Park based expansion-stage venture capital firm, named Glenn Solomon and Principal Jenny Lee as Managing Directors. Solomon was formerly a General Partner at Partech.

Loyalty Lab, a San Francisco based provider of on-demand consumer CRM solutions, named Doug Bewsher as VP, Analytics and George Shahid as CFO. Bewsher was formerly Global CRM Director at Vodafone. Shahid was formerly COO and CFO at BlueRoads.

Network Chemistry, a Redwood City, CA based provider of wireless threat protection solutions, named T. Paul Thomas as CEO. Thomas was formerly CEO at Seclarity.

Proficient Systems, an Atlanta, GA provider of technology that helps companies increase the return on their Web investment by converting more visitors into buyers, named Neal McEwen as CFO. McEwen was formerly CFO at Pathfire.

SunRocket, a Vienna, VA based Internet phone service provider, named Lisa Hook as President & CEO. Hook was formerly President of America Online’s AOL broadband premium and developer services unit.

Tectura, a Redwood City, CA based global provider of Microsoft integrated business solutions to mid-market companies, larger enterprises and their divisions, named Duane Bell as EVP and CFO. Bell was formerly Partner and CFO at KPMG Consulting.

Univa, a Lisle, IL based provider of commercial software, support and services for Grid infrastructure based on open source Globus software, named Michael Ellis as CEO. Ellis was formerly Managing Director of Ellis Management Group.

Verdiem, a Seattle based developer of power management software for PC networks, named Kevin Klustner as President & CEO. Klustner was formerly President and CEO of Sightward.

Vertical Circuits, a Scotts Valley, CA based maker of semiconductor high density semiconductor components, named Sunil Kaul as President & CEO. Kaul was formerly COO at Silicon Bandwidth.

WaldenVC, a San Francisco based venture capital firm, named Kate Everett-Thorp to as Venture Partner. Everett-Thorp was formerly President of AKQA.

Mergers & Acquisitions

Atempo, a Palo Alto, CA based provider of backup and recovery software applications, acquired Storactive, a Marina del Rey based provider of continuous data protection (CDP) software, for an undisclosed amount.

Auxora, a Baldwin Park, CA based designer of thin film DWDM filters and thin film based optical components that enable all-optical networks, acquired Confluent Photonics, a Salem, NH based provider of optical transport solutions, for an undisclosed amount.

D&B, a Short Hills, NJ based provider of global business information, tools, and insight, acquired Open Ratings, a Waltham, MA based provider of software, services, and information for proactive supply management, for $8 million.

EMC, a Hopkinton, MA based provider of information storage systems, software, networks, and services, acquired Authentica, a Lexington, MA based provider of enterprise digital rights management for enterprise messaging and document sharing environments, for an undisclosed amount.

Kodeos Communications, a South Plainfield, NJ based provider of transponders and advanced optical subsystems for metro, regional, and long-haul networks, acquired Intersymbol Communications, a Champaign, IL based developer of high-speed optical receiver integrated circuits for next generation long-haul and metro optical networks, for an undisclosed amount.

Microsoft acquired Apptimum, a provider of products that automatically transfer customers’ applications to new computers, for an undisclosed amount.

Optium, a Chalfont, PA based provider of optical transport solutions in the industry, acquired Engana, an Australian developer of wavelength selective switch (WSS) modules for Reconfigurable Optical Add/Drop Multiplexer (ROADM) applications, for an undisclosed amount.

Research In Motion, a Waterloo, Ontario based designer of wireless solutions for the worldwide mobile communications market, acquired Ascendent Systems, a San Jose based provider of solutions that simplify voice mobility implementations in the enterprise, for an undisclosed amount.

Telelogic, a Swedish provider of software solutions that align advanced systems and software development with business objectives, acquired I-Logix, an Andover, MA based provider of modeling tools for the embedded market, for $80 million.

Funding

AllPeers – Oxford, UK; a software vendor specializing in private media sharing networks; undisclosed amount; Series A; Index Ventures, Mangrove Capital Partners.

Beceem Communications – Santa Clara, CA; a provider of chipsets for Mobile WiMAX technology; undisclosed amount; corporate round; Intel Capital.

BlueNote Networks – Tewksbury, MA; a provider of IP Telephony software; $15 million; Series B; Commonwealth Capital Ventures, Fidelity Ventures, North Bridge Venture Partners.

Bluespec – Waltham, MA; a developer of an ESL synthesis toolset for control logic and complex datapaths in chip design; $4.5 million; Series B; Atlas Venture, North Bridge Venture Partners.

Copan Systems – Longmont, CO; a developer of intelligent enterprise-class MAID (Massive Array of Idle Disks) storage solutions; $17.5 million; Series C; Credit Suisse, Austin Ventures, Globespan Capital Partners, Horizon Technology Finance, Pequot Ventures, Pinnacle Ventures.

Coremetrics – San Mateo, CA; a provider of hosted web analytics and precision marketing solutions; $31 million; Series D; Accel Partners, FTVentures, Highland Capital Partners.

Cymphonix – Sandy, UT; a provider of gateway appliances that give organizations control over users, applications and threats by correlating isolated events to optimize network usage, security and performance; $1.4 million; Series A; Intel Capital, Prospector Equity Capital, vSpring Capital.

EnvironmentIQ – Cambridge, UK; a supplier of risk management software focused on environment, health, and safety management in the enterprise; $15 million; round not specified; Cazenove Private Equity, Fidelity Ventures.

Evolutionary Technologies International – Austin, TX; a global provider of data integration solutions; $6.5 million; recap round; Appian Ventures, Access Venture Partners, Osprey Ventures.

Exent Technologies – Tel Aviv, Israel; a provider of broadband-based solutions for monetization of PC and video games; undisclosed amount; corporate round; Cisco Systems, Intel Capital.

Kirusa – New Providence, NJ; a provider of Voice SMS solutions and multimodal platforms; $11 million; Series B; Columbia Capital, Innovacom, Sigma Partners.

Lockdown Networks – Seattle, WA; provider of Network Access Control (NAC) solutions; undisclosed amount; corporate round; Intel Capital.

MobileMax – Herzelia, Israel; a provider of software and hardware solutions for the mobile phone calling card industry; $5 million; Series A; GlenRock Israel.

Mobio Networks – Menlo Park, CA; a provider of wireless data services; $8 million; Series A; InterWest Partners, Storm Ventures.

MusicStrands – Corvallis, OR; a developer of social recommendation software for music; $2.3 million; Series A2; Spri SGECR Venture Capital.

Noble Device Technologies – Newark, NJ; a developer of silicon-based digital imaging chips for short-wave infrared imaging; $8 million; Series A; Matrix Partners, North Bridge Venture Partners.

Ometric – Columbia, SC; a developer of optical components for application-specific spectroscopy; undisclosed amount; round not specified; Sequoia Capital, Trelys Funds.

OpTier – New York, NY; a provider of transaction workload management for the enterprise; $7 million; round not specified; Carmel Ventures, Lightspeed Venture Partners, Pitango Venture Capital.

Sharpcast – Palo Alto, CA; a developer of real-time synchronization services for digital consumer media and information; $13.5 million; Series B; Sigma Partners, Draper Fisher Jurvetson (DFJ), Selby Venture Partners.

Teseda – Portland, OR; a provider of Test-for-Yield solutions for yield improvement; $2 million; recap round; American River Ventures, SmartForest Ventures.

Tiny Pictures – San Francisco, CA; a provider of software for sharing camera phone photos; $2.76 million; Series A; Mohr Davidow Ventures.

UpdateLogic – Hopkinton, MA; a provider of automatic software update technology for the consumer electronics market; $4 million; Series B; Core Capital Partners.

Visitar – Raleigh, NC; a provider of communications enabled business applications; $2.6 million; Series A; Aurora Funds.

VoIP Logic – Williamstown, MA; a provider of VoIP applications; $1.25 million; round not specified; 21Ventures.

IPO Pricings

Eagle Test Systems, Inc. (NASDAQ: EGLT)
Buffalo Grove, IL
Eagle Test Systems makes automated test equipment (ATE) systems used to test analog, mixed-signal (analog with digital), and radio-frequency (RF) semiconductor devices as they are being manufactured.
Date of Offering: 3/9/06
Offer Price: $15.50
Closing Price as of 3/10/06: $15.34

IPO Filings

Verigy Pte. Ltd.(NASQAQ: VRGY Proposed)
Singapore
Verigy is a maker of automated industrial testing equipment used in the manufacture of semiconductors.
Date of Registration: 3/9/06
Offering amount: $115 million
Lead Underwriter: Goldman, Sachs & Co.

Executive Moves

Compellent Technologies, an Eden Prairie, MN based provider of modular and affordable enterprise storage solutions, named Bruce Kornfeld as VP of Marketing. Kornfeld was formerly Director of Worldwide Marketing for Dell’s storage division.

FreeBalance, an Ottawa based developer of government accountability solutions, named Manuel Schiappa Pietra as President & CEO. Schiappa Pietra was formerly President & CEO of Descartes Systems Group.

Healthline Networks, a San Francisco based provider of an Internet search engine dedicated to consumer healthcare, named Christopher Tucher as SVP of Business Development. Tucher was formerly SVP of Business Development at Radiance Technologies.

InnoPath Software, a Sunnyvale, CA based developer of Mobile Device Management (MDM) integrated solutions, named Daniel McEntee as CFO. McEntee was formerly CFO for Globalstar Telecommunications.

Lumeta, a Somerset, NJ based provider of network intelligence solutions for enterprises and government agencies, named David Hickey as President & CEO. Hickey was formerly CEO of Incurrent Solutions.

Softricity, a Boston based on-demand software virtualization company, named Art Matin as CEO. Matin was formerly EVP of Worldwide Sales at Veritas Software.

Think3, a Cincinnati based supplier of industrial design and product development solutions, promoted Roberto Ciarloni to CTO & Chief Architect and Tania Campanelli to R&D Director.

TriCipher, a San Mateo, CA based provider of Future Proof Risk Based Authentication Solutions, promoted VP Andy Cottrell to CTO.

Zavata (fka Integreo), an Atlanta based healthcare focused Business Process Outsourcing (BPO) Company, named Michael Dean as CFO, Brad Hughes as SVP and GM of the RCMS Business Unit, Ram Davaloor as SVP and GM of the Healthcare Payor Business Unit and promoted Tim Dewey to SVP and GM of the Enterprise Solutions Business Unit. Dean was formerly CFO of IMRGlobal. Hughes was formerly employed by Shared Medical Systems and Siemens. Davaloor was formerly COO of Symphony Data.

Mergers & Acquisitions

ACCESS, a Tokyo based global provider of mobile content delivery and Internet access technologies, acquired IP Infusion, a San Jose based provider of intelligent networking software for enhanced IP services, for an undisclosed amount.

BEA Systems, a San Jose based provider of application infrastructure software worldwide, acquired Fuego, a Plano, TX based provider of business process management solutions, for $87.5 million.

Bookham Technology, a San Jose, CA based provider of optical components, modules and subsystems, acquired Avalon Photonics, a Zurich based supplier of single-mode and multi-mode Vertical Cavity Surface Emitting Lasers (VCSEL) chips, arrays and subassemblies, for an undisclosed amount.

MySQL, a Cupertino, CA based provider of an open source database with certified software and support services available through a commercial subscription offering, acquired Netfrastructure, a Manchester, MA based provider of server software for building Web-based applications, for an undisclosed amount.

Silverwire, a Geneva, Switzerland based provider of software and services for digital imaging, acquired Axiom Connection, a Berkshire, UK based provider of solutions to the retail digital imaging industry, for an undisclosed amount.

SPS Commerce, a Minneapolis based provider of hosted supply chain integration services, acquired Owens Direct, a Lexington, KY based provider of electronic data interchange (EDI) and eCommerce outsourcing solutions, for an undisclosed amount.

Funding

Aegis Semiconductor – Woburn, MA; a developer of cost-effective optical channel monitors for fiberoptic communication networks; $8 million; Series D; Alta Partners, Megunticook Management, Technology Venture Partners, Vesbridge Partners.

Archivas – Waltham, MA; a provider of fixed content archiving solutions; $12 million; Series C; North Bridge Venture Partners, Polaris Venture Partners, Solstice Capital.

Bluesocket – Burlington, MA; a provider of open wireless network, security and management solutions; $9 million; Series C; Ascent Venture Partners, Boulder Ventures, Menlo Ventures, Vesbridge Partners.

Brainware – Dulles, VA; a provider of intelligent data capture, desktop and enterprise search and retrieval, and electronic document management solutions; undisclosed amount; round not specified; Vista Equity Partners.

Carbonite – Boston, MA; a provider of secure Internet-based backup for all PC and laptop owners; $2.5 million; Series A; 3i Group, CommonAngels, Keiretsu Forum.

Chorus Systems – Research Triangle Park, NC; a developer of automated ITIL problem management solutions creating the last line of defense for desktops and servers; $6 million; Series B; Core Capital Partners, Anthem Capital Management, Inflection Point Ventures.

Collective Intellect – Superior, CO; a provider of New Media quantitative analysis tools for institutional investors; $2.6 million; Series A; Appian Ventures.

Finjan Software – San Jose, CA; a provider of best-of-breed proactive web security solutions for businesses and organizations; undisclosed amount; round not specified; Cisco Systems.

GIGA Digital Television – Koln, Germany; a operator of a gaming television network devoted to games, e-sports, and lifestyle around the clock; $3.6 million; round not specified; Wellington Partners Venture Capital.

Gridstone Research (fka Perputo) – Newark, CA; a provider of analysis and tools for investment managers; undisclosed amount; round not specified; Charles River Ventures, Maverick Capital.

InSciTek Microsystems – Fairport, NY; a provider of an IT and Telephony product for small to mid-sized businesses; $2 million; round not specified; Enhanced Capital Partners.

Johnson-McCormick Technologies – Bethlehem, PA; a developer of a pay-per-transaction distribution network of digital music that operates directly through peer-to-peer networks; $50K; round not specified; Ben Franklin Technology Partners.

MeeVee – Burlingame, CA; a developer of personalized video entertainment search and discovery experiences for consumers on the Internet; $6.5 million; Series B; Labrador Ventures, DEFTA Partners, Edmond de Rothschild Investment Partners, WaldenVC.

netomat – New York, NY; a developer of a fully integrated multimedia authoring and messaging platform; undisclosed amount; round not specified; Motorola Ventures.

PhoneBites – San Francisco, CA; a global publisher of mobile entertainment; $7 million; Series B; Mayfield Fund, Cardinal Venture Capital, Garage Technology Ventures, Greenpark Capital.

Solid Cactus – Wilkes-Barre, PA; a developer of Yahoo! stores websites; $100K; round not specified; Ben Franklin Technology Partners.

TeleNav – Santa Clara, CA; a developer of mobile phone navigation technology; $30 million; Series E; Menlo Ventures, iGlobe Partners, Lehman Brothers Venture Partners, Sycamore Ventures.

V-Enable – San Diego, CA; a developer of carrier infrastructure software that brings a rich user experience for mobile users, based on the company’s patented Multimodal technology; $6 million; Series C; Palisades Ventures, Softbank Capital Partners.

IPO Filings

LoopNet, Inc.(NASQAQ: LOOP Proposed)
San Francisco, CA
LoopNet.com is an online real estate marketplace that includes approximately 335,000 property listings.
Date of Registration: 3/1/06
Offering amount: $86.25 million
Lead Underwriter: Credit Suisse Securities (USA) LLC

Synchronoss Technologies, Inc. (NASDAQ: SNCR Proposed)
Bridgewater, NJ
Synchronoss provides software and services that communications service providers use to manage tasks such as service activation and customer transactions including additions, subtractions, and changes to service plans.
Date of Registration: 2/28/06
Offering amount: $75 million
Lead Underwriter: Goldman, Sachs & Co.

Executive Moves

Benchmark Capital, a Menlo Park, CA based early-stage high-technology venture capital firm, named Gadi Maier as a Venture Partner focusing on its Israeli portfolio companies. Gadi was formerly Co-Founder and CEO of Scalent Systems.

eProject, a Seattle based provider of Software-as-a-Service (SaaS), named Jeff Pancottine as President & CEO. Pancottine was formerly SVP and GM at F5 Networks.

ETelecare Global Solutions, a Monrovia, CA based provider of outsourced customer care solutions, named John R. Harris as President & CEO. Harris was formerly CEO of Seven Worldwide.

IntelliVid, a Cambridge, MA based provider of video analysis software for retail, named Robert Walters as VP of Sales. Walters was formerly EVP of Sales at Datavantage.

Mindjet, a Larkspur, CA based provider of software for visualizing and managing information, named Bob Daw as VP of Sales & Marketing for the Americas and Asia-Pacific. Daw was formerly SVP of Worldwide Sales at Diversified Software Systems.

Mobile Satellite Ventures, a Reston, VA based provider of satellite communications service, named David Claassen as VP of Core Engineering and Brian Smith as VP of Network Deployment. Claassen was formerly VP of Engineering Development at Nextel Communications. Smith was formerly Sr. Director at Nextel.

MySQL, a Cupertino, CA based provider of open source database software and services, named Taneli Otala as co-CTO and Jim Starkey as Senior Software Architect. Otala was formerly CTO and VPO of Engineering for SenSage. Starkey created the InterBase RDBMS.

Pelion Systems, a Boulder, CO based provider of supply chain optimization solutions, named Kevin Fallon as President & CEO. Fallon was formerly President of MX Logic.

RGB Networks, a San Mateo, CA based developer of personalized video processing technology, named Jef Graham as Chairman and CEO. Graham was formerly Chairman, President & CEO of Peribit Networks.

Trident Capital, a Palo Alto, CA based venture capital firm, named Dave Bagshaw as Entrepreneur-in-Residence. Bagshaw was formerly CEO of Shutterfly.

XAware, a Colorado Springs based provider of complete services solutions for the modeling, manufacturing, monitoring and management of Service-Oriented Architecture (SOA), named Tim Harvey as CEO. Harvey was formerly SVP of Sales & Marketing at S1 Corp.