EMC Secures Microsoft Alliance, Polaris Backs Infinite Power Solutions, ExtendMedia Extends its Balance Sheet by $10M, & More Boston-Area Deals News
Rebecca Zacks12/5/08Leave a Comment
Nope, it’s not Monday again already. We just moved the Boston deals roundup from Monday to Friday to make room for the brand-new San Diego deals roundup. So Boston readers are getting a bonus roundup this week. It’s a good thing, too–there’s much to discuss:
—Oak Investment Partners of Westport, CT and Palo Alto, CA reportedly put a mighty $25 million into the news and politics site the Huffington Post. The deal puts the site’s valuation at just shy of $100 million.
—Woburn, MA-based Energetiq, a maker of short-wavelength light sources for semiconductor and life-sciences applications, pulled in $3.8 million of a $5 million Series C round, according to a regulatory filing cited by PE Hub. Intel Capital, Japan’s Ushio, and Shea Ventures were the deal’s the main backers.
—Boston-based database-software maker BEZ Systems added an undisclosed amount of money to its Series D financing, in a deal led by Ascent Venture Partners and joined by Velocity Equity Partners and the Massachusetts Technology Development Corporation.
—Digital-media-infrastructure firm ExtendMedia of Newton, MA, reportedly raised $10 million in a Series C round from existing investors Atlas Venture, Venrock Associates and TVM.
—UTest, a software quality assurance outsourcing firm in Boston, raised $5 million in a Series B funding round from … Next Page »
