EMC Secures Microsoft Alliance, Polaris Backs Infinite Power Solutions, ExtendMedia Extends its Balance Sheet by $10M, & More Boston-Area Deals News

12/5/08

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 Longworth Venture Partners and Egan-Managed Capital. Existing investors Mesco Ltd. and the Massachusetts Technology Development Corporation also chose to invest again.

—Amesbury, MA-based Viridity reportedly closed a $7 million Series A funding round from Battery Ventures and North Bridge Venture Partners. Viridity aims to boost the efficiency of data centers and decrease their power consumption.

—Westborough, MA-based Clearstory Systems, which provides digital-asset-management software, was bought by New York’s The FeedRoom for an undisclosed price.

—Waltham, MA-based Polaris Venture Partners co-led a $13 million Series B investment in Infinite Power Solutions of Littleton, CO, a startup developing technology for rechargeable thin-film batteries. New York’s D.E. Shaw Ventures was the other lead investor in the round, which was joined by Core Capital Partners, Applied Ventures, and In-Q-Tel.

—Videré Conferencing, a (no surprise) videoconferencing firm in Quincy, MA, was acquired by competitor Providea Conferencing of Camarillo, CA, for an undisclosed sum.

—HealthCare Ventures of Cambridge, MA, and Novartis BioVentures of Cambridge and Basel, Switzerland, were among the investors in a $40.4 million Series funding C round for South San Francisco-based drug developer Catalyst Biosciences.

—GlassHouse Technologies reportedly raised $9.8 million in a Series F financing round led by Cisco Systems. The Framingham, MA-based provider of data-center-management and data-backup services has been in registration for a $100 million IPO since this time last year.

—Hopkinton, MA-based EMC (NYSE: EMC) forged a new deal with Redmond, WA-based Microsoft (NASDAQ: MSFT) under which, among other things, data-protection software from EMC’s RSA security division will be integrated with Windows Server 2008.

By posting a comment, you agree to our terms and conditions.