? SAN FRANCISCO ? Qiva, an innovator and industry leader in international supply chain execution solutions for Global 2000 companies, today announced first-round financing of $12.6 million. The financing will be used to expand the software, sales and marketing operations for Qiva’s internet-based supply chain execution product line. The investment was led by Bessemer Venture Partners, a leading early stage venture firm, and included participation from Net Market Partners and Aurora Investments LLC, a private partnership comprised of professionals from investment firm KKR, and private investors including Ed Scarff, Chris Mumford, and Tully Friedman.
? KANSAS CITY, MO — Award-winning BizSpace Inc., an online business-to-business publishing company that is proving dot-coms can be profitable, has raised a third round of financing. BizSpace, Inc. today announced the company has raised $1.2 million in a new venture financing round, led by the St. Joseph News-Press & Gazette Co., which was a significant participant in the firm’s Series A financing round last January. Other Series A funders also have invested in the newest round, as well as several new investors.
? MENLO PARK, CA — Benchmark Capital, Silicon Valley’s leading early-stage high-technology venture capital firm, today announced that it will create a $200 million fund devoted to investments in Israeli high tech. Benchmark is the first Silicon Valley venture capital firm to make a major commitment to the U.S., European and now Israeli markets, and will manage the fund with a presence in Tel Aviv as well as dedicated partners in Menlo Park, California. This dual-presence model will allow Benchmark to serve Israeli start-ups with the resources of Benchmark’s global operations.
? TEMPE, AZ — Primarion Inc., an entrepreneurial venture focused on high-performance broadband datacomm solutions, today announced the closing of its second round of equity investment, totaling over $38M. The company delivers technology and products to combat a growing data signal integrity crisis and to deliver maximized bandwidth for Internet infrastructure original equipment manufacturers (OEMs). Primarion’s technology reduces processor and system noise and increases overall performance, eliminating bottlenecks in computing and communications processors and systems including servers, routers and hubs. This round of funding was led by Accel Partners, one of the nation’s leading venture capital firms in high bandwidth communications. Also participating in this round of funding are previous investors: APV Technology Partners of Menlo Park, Calif., Intel Capital, Koch Ventures, Inc. of Scottsdale, Ariz. and ON Semiconductor of Phoenix.