Rhythm NewMedia Closes $18M Series B Financing October 30, 2006
Posted by lsvp in Digital Media.add a comment
Mountain View, CA, October 30, 2006 — Rhythm NewMedia, a pioneer in mobile advertising, announced that it has closed $18 million in Series B financing. Carlyle Venture Partners, the US venture and growth arm of The Carlyle Group, a global private equity firm with over $44 billion under management, led this up round, joined by all existing institutional investors. Allan Thygesen, a Carlyle Managing Director, has joined the Rhythm NewMedia board of directors, joining existing investors Gary Little from Morgenthaler Ventures and Chris Schaepe from Lightspeed Venture Partners.
Rhythm was seed funded by Rembrandt Venture Partners. Lightspeed and Morgenthaler co-led the Series A in July 2005.
See the full press release here.
Advanced Micro-Fabrication Equipment Inc. Raises $35M in Series B Financing October 9, 2006
Posted by lsvp in Semiconductor.add a comment
SHANGHAI, China, and SAN FRANCISCO, Calif., Oct. 9, 2006—Advanced Micro-Fabrication Equipment Inc. (AMEC), an emerging Asia-based developer of innovative semiconductor processing technology and equipment, today completed its Series B financing, which raised $35 million. The financing will fund commercialization of the company’s proprietary advanced technology, which is primed to transform the world’s integrated circuit (IC) manufacturing fabs with a new level of technology and economic innovation for key process steps.
Participants in the round include existing investors Walden International, Lightspeed Venture Partners, Redpoint Ventures, Interwest Partners, Bay Partners, Global Catalyst Partners and KT Venture Group. Leading financial institution Goldman Sachs joined the round as a new investor.
See the full press release here.
Lightspeed Venture Partners Blog 