Private Equity Week Wire for Wednesday 12/6

? SAN BRUNO, CA — RealTimeImage Inc. (RTI), a leading Internet infrastructure company, providing imaging products and services for the graphic arts and medical communities, today announced that DOR Ventures, a specialized imaging and digital printing investment fund based in Brussels, Belgium, and with representative offices in Israel, has led a $9 million investment in the company together with The Challenge Fund, which joins prior RTI investors taking part in this round: Scitex Corp, Intel 64 Fund(R), Newbury Ventures, ComSor and TDA Capital Partners. DOR Ventures Managing Partner Arie Rosenfeld will take a seat on RealTimeImage’s board of directors as part of the fund’s involvement with the company.

? SAN FRANCISCO — Progress Highcrest Advisors LLC today announced its second investment under the California Public Employees’ Retirement System Manager Development Program (CalPERS MDP). The firm is investing a total of $2.7 million in Broadmark Asset Management, LLC, a California and New York firm specializing in traditional growth equity and alternative investment strategies. Progress Highcrest Advisors has also agreed to allocate to Broadmark $100 million in assets to manage under the firm’s large-cap growth equity portfolio.
? NEW YORK, NY —, a leader in hosted streamingreal-time market data applications, has concluded its Series C strategicround of financing that includes Mitsubishi. is an applicationservice provider (ASP) that provides a hosted turnkey solution of privatelabeled streaming quotes and also operates a financial portal The company will use the proceeds to enhance its streamingmarket data technology and build out the ASP licensing business.

? SAN JOSE, CA — Caspian Networks, Inc., a new networking company quietly developing new hardware for the heart of the Internet, has become one of the world’s best-funded networking startups, securing a new $85M third round of financing. The latest round represents re-commitment from the company’s previous blue-chip investors and, in a substantial vote of enthusiasm from Wall Street, adds significant investment from a number of the world’s largest investment banks. Caspian Networks is funded by well-known top tier technology investors, many with histories of taking networking companies public with great success. Original first and second round investors include U.S. Venture Partners, New Enterprise Associates, Lucent Venture Partners, WorldCom Ventures, Vulcan Ventures, Alloy Ventures and Applied Technologies. Prominent individuals reconfirming their investments include MIT media lab director and author Nicholas Negroponte, computer pioneer Gordon Bell, Internet co-founder Leonard Kleinrock, as well as employees of Caspian Networks. Two previous rounds of investment totaled $55M.

? NEW YORK, NY — Netfolio Inc., The Personal Fund Companysm, announced today it received an investment of $10 million from Knight Trading Group, Inc. (Nasdaq: NITE). The funds will be used to offset completion of the technical infrastructure, advanced trading and execution functions, and pre-launch quality assurance initiatives necessary to certify each feature of the Netfolio service.