Deals of the Day
Webjam, a London-based online content sharing startup, has raised £1 million in first-round funding from I-Source Gestion. www.webjam.com
NeoSaej Corp., a Concord, Mass.-based provider of e-commerce infrastructure software, has secured $505,000 of a $1 million Series A round led by Stata Venture Partners, according to a regulatory filing. www.neosaej.com
LitePoint Corp., a Sunnyvale, Calif.-based provider of wireless test solutions, has raised an undisclosed amount of venture capital funding from Sequoia Capital. www.litepoint.com
Aurora Capital Group is nearing an agreement to acquire Mitchell International Inc. from Hellman & Friedman for more than $500 million. GE Pension Trust would participate alongside Aurora, while Goldman Sachs is arranging around $320 million in debt. Mitchell is a San Diego-based provider of insurance claims processing software, and was acquired by H&F in 2000. www.mitchell.com
Investcorp Technology Partners has acquired UK-based online payment provider Moneybookers Ltd. The deal was valued at €105 million, with existing Moneybookers shareholders retaining a minority ownership position. LongAcre Partners advised Moneybookers on the deal. www.moneybookers.com
Roark Capital Group has acquired a majority interest in CyberCore Technologies, a Baltimore, Md.-based provider of IT services to federal government like the Department of Homeland Security and the Defense Logistics Agency. No financial terms were disclosed. www.roarkcapital.com www.cybercoretech.com
Cisco Systems Inc. (Nasdaq: CSCO) has agreed to acquire SpansLogic Inc., a Mountain View, Calif.-based fabless semiconductor company backed by Crescendo Ventures and ATA Ventures. No financial terms were disclosed. www.cisco.com www.spanslogic.com
