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News & Updates - Monday, October 30, 2006

Spot Runner Raises $40M And Other Fresh Deals

Investments
+ LOS ANGELES, CA Spot Runner has raised $40M in Series C from WPP, CBS, Interpublic, Allen & Co. Tudor Investment, and Lachlan Murdoch (Local business advertising)
+ MOUNTAIN VIEW, CA Rhythm NewMedia has raised $18M in Series B (Mobile video advertising)
+ PALO ALTO, CA XenSource has secured $15M of a $21M Series C from return backers Accel Partners, Kleiner Perkins, Radar Partners and Sevin Rosen (Open-source virtualization)
+ IRVINE, CA Go2 Directory Systems has raised $13M in new VC funding from Geosign (Mobile directories)
+ NEW YORK, NY Monitor110 has raised $11M in Series C led by Draper Fisher Jurvetson (Internet monitoring for institutional investors)
+ NEW YORK, NY Thumbplay has raised $10M in Series C led by Bain Capital Ventures (Mobile entertainment)
MONTEREY, CA Shop.com has raised $10M in additional Series A-1 (Private label ecommerce)
BURLINGON, MA Intrusic has raised $8M in Series B (Security)
PLEASANTON, CA Echopass has secured $6.06M of a $9.73M Series E (Call center software)
AUSTIN, TX uShip has raised $5.1M in Series B (Marketplace for moving/shipping)
+ SUNNYVALE, CA Aruba Networks has raised $5M in additional Series D for a total of $30M (Wireless LAN)
+ SAN JOSE, CA Quantum Secure has secured $3.54M of a $5.63M Series A (Physical security management)
+ CAMBRIDGE, MA Top10 Media has raised $3.5M in Series A and acquired blog aggregator Blogniscient.com, led by Highland Capital Partners (Online communities)
+ MOUNTAIN VIEW, CA LucidPort Technology has raised $2.5M in Series B (UWB semiconductors)
+ IRVINE, CA Netaphor Software has raised an undisclosed amount of Series A funding from vSpring Capital (Printer asset management software)
+ TORRANCE, CA OGPlanet gets funding (Online Role-playing Gaming)

M&A
+ BARCELONA, SPAIN TA Associates has completed a €153M leveraged buyout of eDreams. Sellers included 3i Group, Apax Partners, Atlas Venture and DCM-Doll Capital Management (Online travel)
+ PETALUMA, CA Turin Networks has acquired assets from bankrupt White Rock Networks for less than $4M (Optical transport for metro networks)
+ MOUNTAIN VIEW, CA & IRVINE, CA LSI Logic bought StoreAge (Storage)
+ MENLO PARK, CA & NORWAY Apax Partners bought Telenor Satellite Services (Satellite Services)
+ NEWPORT BEACH, CA Conexant Bought Zarlink Semiconductor's Packet Switching Business

IPO
INDIA Edge India, the owners of Naukri.com held an IPO priced from Rs 290 and Rs 320 a share (Online communities)