Five Star Closes Series A Recap

Five Star Technologies, Cleveland-based provider of inks and dispersions for use in electronics packaging and assembly, has raised $7.1 million in Series A recap funding, at a post-money valuation of around $14.11 million. Morgenthaler Ventures led the deal, and was joined by CTTV Investments (ChevronTexaco), Early Stage Partners, Industrial Technology Ventures and Reservoir Venture Partners.