Meru Networks has raised USD30m in a private funding round led by a new investor managed by Vision Capital Advisors of New York City. Existing investors, including Clearstone Venture Partners, NeoCarta Ventures, BlueStream Ventures, The D. E. Shaw Group, Evercore Partners, Tenaya Capital and Monitor Ventures, also participated in the

The Herald Group has announced the selection of PFS-Paxus as its core infrastructure system for its recently established fund administration business, Herald Fund Services.

The Ontario Venture Capital Fund is committing CAD20m in EdgeStone Capital Venture Fund III to help support innovative, high-growth businesses, including high-potential companies in Ont

Millennium Technology Value Partners, a private equity firm specialising in providing liquidity solutions to holders of illiquid private company securities, had recently added investmen

Kohlberg Kravis Roberts and its Guernsey-based, Amsterdam-listed fund KKR Private Equity Investors have extended the date by which the pending acquisition of all of the assets and liabi

Seattle-based NewPath Networks, a specialist in the design, development and operation of fibre-fed distributed antenna system wireless carrier networks, has announced USD47m in new inve

Global Capital Management, the private equity group of Global Investment House, has announced that Global Opportunistic Fund II, a pre-IPO and IPO fund, has made significant gains from

California-based EPS, an energy firm that develops and implements analytic, efficiency and clean solutions for Fortune 500 companies, has announced the closing of USD30m in series B fun

Santa Clara, California-based Beceem Communications, a provider of mobile Wimax chips, has closed a strategic financing round which provides the company with the capital needed to scale