VC Buzz - $402.05+ Million in Today's Deals - InternetNews.
Summary
-- Utilicom Networks, a provider of bundled communications services under the TOTALink brand name, announced a commitment of up to $100 million by affiliates of Blackstone Capital Partners III. Utilicom builds and operates advanced broadband communications networks in partnership with local electric and gas utilities to deliver voice, video, Internet and data services to business and residential customers. iWaterways.com is developing a community-based portal that will enhance the boating and water-sports lifestyles through interaction with experts, clubs and other members, and provide access to marine articles and databases. SAN FRANCISCO and MENLO PARK, Calif.-- NextOffice.com, a new online destination for business furnishings, secured a $10 million round of financing, led by the CMGI @Ventures B2B Fund. Keystone V is targeting early and expansion stage companies in high-growth technology sectors, with particular emphasis on Internet-enabling applications, telecom and wireless communications, and B-to-B and B-to-C electronic commerce.
