DenseLight Semiconductor secures $30 million...AmberWave Systems gets $25 million.
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Thursday's deals
• DenseLight Semiconductor has clinched $30 million from international venture capital firm 3i Group. Singapore-based DenseLight provides services for optical networks and has built an integrated optical subsystems on a single chip. The investment is expected to be issued over a 15-month period, although the initial seed fund of $1.2 million was made last October. 3i is the biggest individual shareholder in DenseLight. DenseLight is expected to introduce several of its new products in the United States and Europe in the coming weeks.
• AmberWave Systems received a $25 million second round of funding. Adams Capital Management, Arch Venture Partners, Dow Chemical, TeleSoft Partners, and the Hillman Co. contributed to the latest round. Salem, N.H.-based AmberWave has raised a total of nearly $50 million. The company designs chips and then licenses the technology.
Tuesday's deals
• Knoa has received a $1 million second round of funding from the New York State Small Business Technology Investment Fund. The New York-based company has raised a total of $8 million with the latest round. Knoa develops training software designed to make Web-based products such as customer relationship management, sales force automation, and supply chain management software easier to learn and use.
• Site59 raised $4.7 million in a third round of funding. Existing investors iFormation Group, Accor, Starwood Hotels & Resorts Worldwide, Advanta Growth Capital and National Leisure Group contributed to this latest round. New York-based Site59 has raised a total of $18.2 million. The company's Web site offers last-minute travel packages.
• ForeScout Technologies has raised $12 million in a second round of funding from Accel Partners and Pitango Venture Capital. Palo Alto, Calif.-based ForeScout has also added Check Point Software co-founder Shlomo Kramer to its board of directors. The company, which develops security software, has raised a total of $13 million.
Monday's deals
• Xevo closed a $20 million third round of funding led by previous investor Advanced Technology Ventures (ATV) and newcomer Morgenthaler. The round also included contributions from investors such as Prism Venture Partners, Catalyst Health and Technology Partners, which also invested in both the $20 million second round and $4.2 million first round along with ATV. Cisco Systems and KPMG Consulting pitched in for the second round. Xevo makes software for service providers like telecommunications carriers, application service providers, and Web hosting companies that help them supply and manage business software applications for their customers. The company maintains partnerships with Cisco, KPMG, Compaq Computer, Microsoft and Dell Computer.
• Internet payment company AllCharge raised $3.4 million in a combined first and second round led by VAL Investment Group, an affiliate of Verticality Investment Group, along with other existing investors. The company will use the funding to step up its sales and marketing efforts and invest in fine-tuning its product. AllCharge's software lets companies sell digital content by the page, item, time, or volume, and also gives customers many payment options. AllCharge aims to sell to financial institutions, telecom carriers, Internet service providers, and companies that provide digital content like games, video, music and information. The company started in 2000 and maintains its headquarters in New York City and research facilities in Tel Aviv, Israel.
Friday's deals
• Everest Broadband Networks closed its fourth funding round with backing from previous investors Pequot Capital Management and Exelon Capital Partners. The deal brings its total funding to $88 million, which includes a $50 million third round in January 2001 and a $17 million second round in March 2000. Softbank Venture Capital, Worldview Technology Partners and Wolfson Equities have also contributed to previous rounds. Everest provides high-speed Internet access, local and long-distance phone service, Web hosting, and audio conferencing services. The company also furnishes its customers with tools to build Web sites, e-commerce software and virtual private networks.