Term Sheet

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

Venture capital deals

December 18, 2012: 10:19 AM ET

Exablox, a Mountain View, Calif.-based enterprise storage startup, has raised $22 million in Series A and Series B funding. Backers include DCM, Norwest Venture Partners and US Venture Partners. www.exablox.com

Fruition Partners, a Chicago-based provider of tech-enabled services for the IT service management sector, has raised $12 million in Series A funding led by Trident Capital. www.fruitionpartners.com

Nor1, a Santa Clara, Calif.-based developer of data-driven upsell solutions, has raised $9 million in Series B funding led by Concur (Nasdaq: CNQR). Other company backers include Accel Partners and Goldman Sachs. www.nor1.com

Proterro Inc., a Ewing, N.J.-based maker of sucrose for biofuels, has raised $3.5 million in new VC funding. Existing backer Braemar Energy Ventures led the round, and was joined by fellow return backers Battelle Ventures and Innovation Valley Partners. New investors included Cultivian Ventures and Middleland Capital. www.proterro.com

Tau Therapeutics LLC, a Charlottesville, Va.-based provider of T-type calcium channel inhibitors for the treatment of solid tumor, has raised $3 million in new equity funding. www.tautherapeutics.com

Booktrack, a New Zealand-based provider of soundtracks for e-books, has raised $2 million in Series B funding. Backers include Valar Ventures, Park Road Post Production, Sparkbox Ventures and the New Zealand Venture Investment Fund. www.booktrack.com

Sign up for Dan's daily email newsletter on deals and deal-makers: GetTermSheet.com

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
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.