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News & Updates - Monday, November 27, 2006

Oz Communications Raises $34M And Other Fresh Deals

Investments

+ MONTREAL, CANADA Oz Communications raised $34M in a second round. It has raised $61M to date/ Canadian fund manager Caisse de depot et placement du Quebec led the latest round
(Consumer mobile messaging)
+ LONDON, UK Esprit Capital Partners has backed WAYN in an $11M deal (Online travel community Web site)
+ ITHACA, NY BinOptics has secured $6M (Laser manufacturer)
+ SAN JOSE, CA Cobalt Technologies has secured $3M of a $9M Series B round led by VantagePoint Venture Partners (Alternative energy)
+ ATLANTA, GA Lancope has secured $1.6M in private equity (IT Security)
+ LOS ANGELES, CA <strong>Music Plus Television Network closed a first round of private equity funding from Kenai Investment (TV network specializing in under-the-radar music and media)

IPO
+ WASHINGTON Isilon Systems set its planned initial public offering at 8.35 million shares for between $8.50 and $9.50 per share (Computer data storage)
+ HANGZHOU, CHINA Zhejiang Netsun to IPO on November 24. (Operator of several industry websites, including chemnet.com.cn, chemnet.com.cn, and pharmnet.com.cn)

M&A
+ REDWOOD CITY, CA Informatica [Nasdaq: INFA] to acquire Itemfield (Data transformation technology)
+ CHINA & DUBLIN, IRELAND Chinese Sun 3C Media has bought out Upstart Games for about $15.25M (Mobile games)

Rumors
+ INDIA Travelguru May Get $15M From Battery, Sequoia In 2nd Round (Online Travel Portal)
+ BANGALORE, INDIA Dhruva Interactive is set to raise venture capital funds (Games)

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