Software

GlobalLogic
GlobalLogic Inc. of  Vienna, Va., has secured $29.5 million in Series C funding. Insider Sequoia Capital India of Bangalore led the round, joined by New Atlantic Ventures (formerly Draper Atlantic) of Reston, Va. and New Enterprise Associates of Baltimore. The company said it will use the new funding to expand internationally through mergers and acquisitions. GlobalLogic allows technology companies to outsource software development R&D. Its services include product testing, quality assurance, product analysis, conceptualization, migration and porting, and product maintenance and support.

ByAllAccounts
ByAllAccounts of Woburn, Mass., has secured $5 million in Series A funding. The financing, led by Commonwealth Capital Ventures of Waltham, Mass., also included members of the company's management team. Founded in 1999, ByAllAccounts delivers reconciliation-ready data to investment management and advisory firms. The company's technology provides access to financial account data from custodians to enable more efficient and timely account reconciliation, performance analysis and consolidated reporting. The money will be used for sales, marketing and product development. Commonwealth General Partners' Justin Perreault and Jeffrey Hurst have also joined the company's board.
 
Media

Sustainable Life Media
Business-to-business media and event company, Sustainable Life Media Inc. of Burlingame, Calif., has raised an undisclosed amount of Series A funding. The round was led by individual investor and new board member William Cobert, the chief executive of Ebitda Media. Also contributing were angel investors Omid Rahmat, formerly CEO of Tomshardware.com, Kevin Jones of GoodCapital.com and others. The company will use the funding for expansion and development. Founded in 2004, SLM operates an online community and holds events for executives looking to incorporate sustainable energy strategies, practices and products into their businesses.
 
Internet

Dizzywood
San Francisco-based Dizzywood, a virtual world and online gaming platform for children aged 8-12, has secured $1 million in Series A funding. Angel investor Shelby Bonnie led the round, joined by Charles River Ventures of Waltham, Mass., and other individual investors. Dizzywood will use the proceeds to develop and expand content and services on Dizzywood, which began in November 2007.

Medical devices

IntraOp Medical
Medical device company IntraOp Medical has received $2.4 million in new equity financing. The company chief product, Mobetron, uses intraoperative electron beam radiation to treat breast and skin cancer. The capital allows the company to accelerate its market penetration in North America, Europe Japan, China, South Korea and India.

Venture funds

Harvard University
Harvard University's Office of Technology Development, in Cambridge, Mass., has launched the second round of its Technology Development Accelerator Fund, a new fund designed to propel emerging technologies originating from the university's biomedical and life science research community into clinical development and, ultimately, the marketplace. Specific terms of this round were not disclosed. Harvard launched the Accelerator Fund last year with $6 Million in private donations, and seeks further donations to support additional research projects. Six initial projects were funded by the Accelerator in the first round, spanning a myriad of disease areas, including HIV, cancer and diabetes, at a cumulative budget $1.3 million. The Accelerator Fund now seeks proposals from Harvard faculty for its second round of funding, also at a total budget of $1.3 million. -- Cheryl Meyer