MOUNTAIN VIEW, Calif. – Caliper Technologies Corp., a microchip laboratory company, went public December 15, offering 4.5 million shares at $16 apiece. The company’s stock priced above its $13 to $15 filing range. There were no selling shareholders. Venture backers included Venrock Associates, Lombard Odier & Cie, CW Group, The Dow Chemical Co., Hoffman LaRoche […]
CUPERTINO, Calif. – Chordiant Software Inc., a producer of e-business infrastructure software, filed to go public December 6. The company placed the offering at $40.5 million and will offer 4.5 million shares, with a filing range of between $8 and $10 apiece. Robertson Stephens & Co., Dain Rauscher Wessels and Thomas Weisel Partners LLC will […]
MELBOURNE, Fla. – AirNet Communications Corp., a wireless network infrastructure company, went public December 7, offering 5.5 million shares at $14 apiece. The company’s stock priced above its $11 to $13 filing range. Underwritten by Salomon Smith Barney Holdings Inc., Hambrecht & Quist Group and Volpe Brown Whelan & Co., the initial public offering left […]
LONDON – Christmas came early for the executive team of NatWest Equity Partners, led by Chief Executive David Shaw, who reached agreement in principle with NatWest Group to acquire the management company for an undisclosed sum. The disposal, expected to be completed in first few weeks of January, constitutes part of NatWest’s defenses against hostile […]
WASHINGTON, D.C. – Darby Overseas Investments recently invested in two Latin American infrastructure projects – one in Mexico, the other in Columbia – through its Darby Latin American Mezzanine Fund (DLAMF). The first of these two is a water concessionaire project. The firm committed a total of $60 million to Tratamiento de Agua de Puebla […]
BALTIMORE – Anthem Capital LP invests in early-stage Internet, software, telecommunications and life sciences companies within 150 miles of its Baltimore headquarters. The firm does not invest in real estate, financial services, retail, media or natural resource businesses. Anthem’s freshman vehicle, Anthem Capital I LP, closed above target on $43 million in September 1994 and […]
REDWOOD CITY, Calif. – Draper Fisher Jurvetson exclusively invests in early- to seed-stage information technology companies in the United States. The firm’s latest vehicle, Draper Fisher Jurvetson Fund VI, wrapped on $375 million in August 1999, above its $275 million target. Director Warren Packard expects to have the fund fully committed to or invested in […]
RESTON, Va. – Novak Biddle Venture Partners exclusively invests in early-stage information technology and communications companies in the Southeastern and Mid-Atlantic United States. The firm’s most recent vehicle, Novak Biddle Venture Partners II LP, wrapped on $60 million in May, and at press time it had made seven investments. General Partner Jack Biddle was expecting […]
SOMERVILLE, Mass. – As the recent recipient of $28 million in venture financing, CO Space Inc. has created a niche for itself in the co-location market, taking a lead in the storage and maintenance of electronic equipment for telecommunications, data and Internet companies. Unlike its competitors, which serve only one portion of the market, CO […]
Following are recent deals involving telecommunications companies: Maxcess Seeks $6 Million NEWBERRY, Fla. – Maxcess Inc. is raising $6 million through a private placement of common stock. A minimum investment of $30,000 is required. The provider of telecommunication and information services intends to use the proceeds from the offering to repay debt and for working […]