VC Buzz - $148.7 Million in Today's Deals
Summary
Jim Manzi, former chairman, president and CEO of Lotus Development Corp. and recently appointed InterWise board member, also invested in this round. InterWise provides businesses with the ability to rapidly develop and deploy eLearning to customers, partners, suppliers and employees over the Internet in either live classroom or "instant" self-paced formats. Physician WebLink was formed in March 2000 through the merger of Telesis Medical Management and Vectis Corp. SAN FRANCISCO -- International animation content provider Wild Brain received a $20 million second tier commitment. Led by first round backers Interfase Capital Partners, the investment allows Wild Brain to continue developing the companys Internet animation channel (wildbrain.com launched on Dec. 6, 1999), begin production on several new co-productions (their first original series, "Poochini," with German partner EM.TV previewed at MIP in Cannes last month), and continue to grow its computer graphics group while completing production on an original CGI film (working title "Huberts Brain"). SEATTLE -- WorldCatch.com, an online marketplace for the global seafood industry, closed an $8.2 million preferred series financing round, led by Mohr, Davidow Ventures.