Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Venture capital deals

February 8, 2012: 10:03 AM ET

Pivot3 Inc., an Austin, Texas-based provider of unified storage and compute appliances, has raised $23 million in new equity funding. Samsung Ventures led the round, and was joined by return backers Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial, Northleaf Capital Partners and Silver Creek Ventures. The company previously raised around $77 million. www.pivot3.com

Velomedix Inc., a Menlo Park, Calif.-based developer of medical devices to treat therapeutic hypothermia, has raised $10.2 million in Series B funding. No investor information was disclosed. www.velomedix.com

Extole
, a San Francisco-based provider of a consumer-to-consumer social marketing platform, has raised $10 million in Series C funding. Shasta Ventures led the round, and was joined by return backers Norwest Venture Partners, Redpoint Ventures, and Trident Capital. www.extole.com

TruTouch Technologies, an Albuquerque, N.M.-based provider of non-invasive biometric intoxication detection systems, has raised $3 million in new VC funding. iTulip Inc. led the round, and was joined by Launchpad Venture Group, Verge Fund, and Jerome Capital. www.trutouchtechnologies.com

Blip, a New York-based online video network, has raised over $12 million in new funding. The deal includes equity from return backers Bain Capital Ventures and Canaan Partners, plus venture debt from Silicon Valley Bank. www.blip.com

Want deal news in your inbox each morning? Then get Term Sheet!

Posted in:
Join the Conversation
About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

Email a Tip | @danprimack | RSS
Featured Newsletters

Every morning, discover the companies, deals and trends in tech that are moving markets and making headlines.

Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE

Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Emailed twice weekly.

Anne Fisher answers career-related questions and offers helpful advice for business professionals.

Company Price Change % Change
Bank of America Corp... 6.90 -0.09 -1.22%
Dell Inc 12.44 -2.64 -17.49%
Intel Corp 25.14 -0.89 -3.42%
Microsoft Corp 28.77 -0.99 -3.33%
General Electric Co 18.81 -0.37 -1.93%
Data as of 12:46pm ET
Index Last Change % Change
Dow 12,341.72 -161.09 -1.29%
Nasdaq 2,804.02 -35.06 -1.23%
S&P 500 1,299.90 -16.73 -1.27%
Treasuries 1.72 -0.08 -4.29%
Data as of 1:02pm ET
Most Popular
Regulators eye Morgan Stanley's pre-Facebook IPO actions
 
Facebook stock finally posts gains
 
HP prepares to announce mass layoffs
 
Tech sell-off, Greece worries hit stocks
 
Facebook IPO blunder adds to Morgan Stanley woes
 
Powered by WordPress.com VIP.