| |||||||||||||||||||||||
| |||||||||||||||||||||||
Internet Metaweb Technologies San Francisco-based Metaweb Technologies Inc. has received $42 million in Series B funding. The round was led by Goldman, Sachs & Co. of New York, joined by DAG Ventures of Palo Alto, Calif., and existing investors Benchmark Capital of Menlo Park, Calif., Omidyar Network of Redwood City, Calif., and Millennium Technology Ventures of New York. The company previously received a $15 million Series A in March 2006. Founded in 2005, Metaweb is creating a new infrastructure for sharing data and building applications on the Web. Metaweb, together with the Freebase community, is building Freebase.com, an open, shared database of the world's information in which data is freely available. The company said this global resource will one day allow people and machines everywhere to access information far more easily and quickly than is currently possible. --G.W. Mercent Mercent Corp., a provider of online marketing technology and services for retail merchants, has secured $6.5 million in Series B financing. The deal was led by San Diego-based TVC Capital LLC and included existing investors Madrona Venture Group of Seattle and an affiliate of Hillman Company of Pittsburgh. TVC managing partner Steve Hamerslag will join Mercent's board of directors. The Seattle-based company will use the proceeds for sales and marketing, and to introduce new marketing services. Mercent's retail advertising network reaches more than 200 million active shoppers purchasing consumer goods and services across more than 50 Internet shopping channels. --G.W. Software BACKOFFICE ASSOCIATES BackOffice Associates LLC of Harwich, Mass., a provider of SAP data quality, migration and governance technology, has received $30 million from Goldman Sachs Group Inc. of New York. The investment will allow BackOffice to continue its expansion across North America and internationally. Founded in 1998 and profitable, BackOffice's lead product is the "Boring Go Live" process designed to deliver "an uneventful startup" for any customer implementing SAP. --G.W. Granicus San Francisco-based Granicus Inc. has raised $10 million in Series A financing from JMI Equity of Baltimore. The 8-year-old Granicus is a provider of government Web casting and public meeting management technology. The profitable company will use the funds to expand sales, marketing, product development, and customer support. Peter Arrowsmith, a general partner at JMI Equity, has joined Granicus' board. --G.W. Energy Nanoptek Maynard, Mass.-based renewable energy company Nanoptek Corporation, has closed a $4.7 million Series A financing. The company has developed a process that produces hydrogen directly from water using sunlight. The round was led by Quercus Trust, joined by the Massachusetts Technology Collaborative and private investors. With the investment, Nanoptek expects to complete the development of its field-deployable Solar Hydrogen Generator, to develop pilot manufacturing capability, and install the first pilot plant for producing carbon-free hydrogen. Nanoptek's Solar Hydrogen Generator produces hydrogen directly from water using only sunlight and its proprietary photocatalyst in a process known as photoelectrochemical water dissociation, or photolysis. --G.W.  Deal Video
    Community
 Elsewhere on The Deal.comDealwatchThe Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| |||||||||||||||||||||||
| |||||||||||||||||||||||
