Term Sheet

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

Venture capital deals

June 12, 2012: 8:37 AM ET

LightSpeed, a Montreal-based provider of software that helps physical retailers enhance the in-store shopping experience, has raised US$30 million in Series A funding from Accel Partners.

Row 44, a Westlake Village, Calif.-based provider of in-flight WiFi and device-based entertainment solutions, has raised $45 million in new VC funding. Advanced Inflight Alliance AG led the round, and was joined by return backer PAR Capital Management. http://www.row44.com

Komli Media, a Mumbai-based digital media network, has raised $39 million in new VC funding. Norwest Venture Partners led the round, and was joined by return backers Nexus Venture Partners, Helion Venture Partners, Draper Fisher Jurvetson and Western Technology Investment. Komli previously raised $23 million. http://www.komli.com

Gigya, a Mountain View, Calif.-based provider of social infrastructure for business, has raised $15.3 million in new VC funding. Backers include Advance Publications, Mayfield Fund, Benchmark Capital, DAG Ventures and Adobe. The company previously raised around $14 million. http://www.gigya.com

Adore Me, a personalized online lingerie club for women, has raised $2.5 million in new VC funding. Backers include Redhills Ventures, Jaina Capital and Ventech Capital. http://www.adoreme.com

CellScope, a San Francisco-based medical device startup, has raised $1 million in seed funding from Khosla Ventures. The company's first device is a smartphone-enabled otoscope for remote diagnosis of pediatric ear infections. http://www.cellscope.com

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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.

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