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News & Updates - Tuesday, September 26, 2006

Swedish VoIP Co. Rebetel Raises $20M And Other Fresh Deals

Investments
SWEDEN Rebtel Networks has raised $20M in Series A from Benchmark Capital and Index Ventures (Mobile VOIP)
PITTSBURGH, PA BPL Global has raised $25M in Series C (Smart grid applications to utilities/broadband services to consumers via power lines)
ATLANTA, GA Air2Web has raised $25M in a 3rd-round led by The Carlyle Group (Mobile messaging applications)
IRVINE, CA Mavent has raised $10M in Series C (Financial services compliance software)
SAN FRANCISCO, CA Wallop [MSFT Spinout] has raised $10M in Series (Social networking)
PORTSMOUTH, NH Whaleback Systems has raised $7.5M in Series B (IP telephony)
SAN MATEO, CA Enkata Technologies has raised $4.88M in a 4th-round (Enterprise performance management software)
LOS ANGELES, CA Mojix has raised $3M in additional Series A (Signal processing for sensory networks)
CAMBRIDGE, MA Sermo has raised $3M in Series A funding (Online community for physicians)
SAN FRANCISCO, CA Genbook has raised $2.2M in Series A (Online advertising)
SUNNYVALE, CA Retrevo raises less than $1M (Consumer electronics search engine)
REDWOOD CITY, CA Trion raises an undisclosed amount of funding (Gaming)

M&A
PARIS, FRANCE Modelabs has acquired WorldGSM (Premium news, content, and reviews of mobilephones)

Rumors
MUMBAI, INDIA Kleiner Perkins and Sherpalo Ventures, are close to picking up about 33% stake in PayMate India (Wireless transaction solutions)