Term Sheet

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

Venture capital deals

June 27, 2012: 10:17 AM ET

Blue Jeans Network, a Mountain View, Calif.-based provider of interoperable video conferencing services, has raised $25 million in Series C funding. New Enterprise Associates led the round, and was joined by fellow return backers Accel Partners, and Norwest Venture Partners. The company previously raised $23.5 million. www.bluejeans.com

Avalara, a Bainbridge Island, Wash.-based provider of sales and use tax compliance software, has raised $20 million in new VC funding. Battery Ventures led the round. Prior backers include Benaroya Capital, Pioneer Venture Partners and Sageview Capital. www.avalara.com

Solum Inc., a Mountain View, Calif.-based provider of field measurement technology for commercial agriculture, has raised $17 million in new VC funding. Andreessen Horowitz led the round, and was joined by return backers like Khosla Ventures. www.solumtech.com

Affinity Solutions Inc., a New York-based provider of card-linked offers and transaction-enabled marketing solutions, has raised nearly $15 million in new funding from Chestnut Hill Ventures.www.affinitysolutions.com

Cohera Medical, a Pittsburgh-based developer of absorbable surgical adhesives and sealants, has raised $8.4 million in Series D funding. Backers include Kern Whelan Capitalwww.coheramedical.com

General Mobile Corp.
, a provider of mobile content management and application store hosting to
emerging markets, has raised $5 million in new VC funding from SingTel Innov8 and Mitsui & Co.

LinkSmart Inc. (f.k.a. Mandelbrot Project), a Boulder, Colo.-based provider of text linking optimization solutions for web publishers, has raised $4.7 million in VC funding from Foundry Group, Sutter Hill Ventures and Costanoa Venture Capital. www.linksmart.com

Traxpay, a German provider of real-time B2B payment solutions, has raised $4 million in VC funding led by Earlybird Venture Capitalwww.traxpay.com

StrikeAd, a mobile demand-side ad platform with offices in London and New York, has raised $500,000 in new VC funding from SoftTech VC, Siemer Ventures and Gil Elbaz. That brings its total Series A funding to $3.5 million, including an earlier investment led by DFJ Esprit. www.strikead.com

DoughMain, a Princeton, N.J.-based online provider of free financial education and family organization solutions, has raised an undisclosed amount of private equity funding from the Iacocca Family Partnershipwww.doughmain.com

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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.

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