PRESS RELEASE

GSR VENTURES CLOSES US$133 MILLION OPPORTUNITIES FUND

Fund Provides GSR Limited Partners’ the Opportunity to Invest In Later-Stage Rounds of GSR Top-Performing Companies

BEIJING AND PALO ALTO, CA (May 31, 2012) — GSR Ventures, a premier early-stage venture capital firm, has closed GSR Opportunities IV, a fund primarily created for existing GSR limited partners interested in investing in later-stage financings in select GSR-backed companies. This fund was created to further enhance GSR limited partners’ returns.

The $133 million USD fund provides an opportunity for investors in GSR Ventures’ first four venture funds to invest additional capital in later financings of GSR’s top-performing portfolio companies. These top-performing companies are considered to be market leaders in multi-billion-dollar categories.

“Historically, eight-to-ten billion-dollar technology companies are created in China annually, and we believe that a number of them in the next few years will be in the GSR portfolio,” said Richard Lim, co-founder and managing director of GSR Ventures. “With this fund where we just made our second investment, we are affording our existing investors the additional opportunity to participate in the growth of our portfolio companies as they mature. We know some investors want this exposure, and so we are offering this unique investment vehicle,” Lim continued.

About GSR Ventures:
GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies, mainly in China. The firm invests primarily in the Internet, wireless, green technology, and semiconductor sectors. GSR Ventures has more than 50 companies in its portfolio. Founded in 2004, GSR Ventures now has more than US $1 billion under management and offices in Beijing, Silicon Valley and Hong Kong. For more information, visit www.gsrventures.com.

PRESS RELEASE

Diffbot, creators of visual learning robot technology that lets developers analyze, extract, and enhance Web content, has secured a $2 million investment from technology veterans, including Sky Dayton, founder of EarthLink; Andy Bechtolsheim, co-founder of Sun Microsystems; Joi Ito, Director of the MIT Media Lab; Brad Garlinghouse, CEO of YouSendIt, and other top executives and founders from Facebook, Twitter and Yahoo, with participation from Matrix Partners.

Diffbot is a new form of visual-based content extraction technology that views and understands Web content the same way human beings do. The technology identifies and extracts the important objects on any Web page using artificial intelligence, computer vision, machine learning and natural language processing. Diffbot’s APIs give application developers a way to instantly utilize data from any Web page in their own applications, effectively turning the entire Web into a usable database. Diffbot is now processing 100 million API calls per month on behalf of its customers, who are using it for Web site mobilization, content management system migration, tag generation, article grouping/clustering and a host of other functions.

“Diffbot is an incredibly sophisticated tool for developers to rapidly build compelling applications around Web content,” said Sky Dayton, founder of EarthLink and Boingo, and investor in Diffbot. “The more developers use Diffbot, the more it learns about and adds structure to data on the Web. This technology is becoming the basis for a new kind of Web experience enhanced by machine interpretation of content.”

Diffbot has categorized the Web into approximately 20 different page types that can be visually analyzed using layout and contextual cues, including everything from product and review pages to social networking profiles and recipes. This visual-based processing allows Diffbot to instantly understand and extract the content on any page, in any language. To date the company has released developer APIs for two of the most commonly consumed page types, Front Pages and Articles. The Front Page API is designed for analyzing home and index pages using common layout markers (headlines, bylines, images, articles, ads and more), while the Article API is used to extract clean article text, related images and videos and generate unique cross-referenced tags from news and blog Web pages.

“Our goal with Diffbot is to understand every corner of the Web, and make every bit of it accessible for developers trying to create new, rich applications and experiences,” said Michael Tung, Diffbot Founder and CEO. “This investment from such a prestigious group of technologists lets us accelerate towards that goal with new hires and expanded resources.”

Mr. Tung continued to say: “More than that, we’re receiving a huge vote of confidence from veterans who have built massive companies and understand the fine points of building for scale, maintaining maximum uptime and delivering the absolute highest standards of service. These are some of the best advisors in the industry to help bring our disruptive technology to every developer in the world, whether they are working at a Fortune 500 company or building the next one out of their garage.”

About Diffbot:

Diffbot looks at Web content with a human set of eyes. It is a robot that examines the Web using artificial intelligence, computer vision, machine learning and natural language processing, and provides software developers with tools to find, extract and understand objects from any Web page for use in their applications. Thousands of developers use Diffbot APIs to create consumer-friendly applications that use visual interpretation of the Web to re-imagine search, mobile web and hundreds of other consumer applications. Diffbot is based in Palo Alto, CA.

PRESS RELEASE

smartDIGITAL, dba Elevate Digital, a leading developer and provider of street-level digital interactive technology, announced today that it has secured $2.7 million in Series A financing led by Advantage Capital Partners. Metropolitan Capital Bank is also participating in the round.

With these funds, Elevate Digital plans to accelerate its rapid growth in the Chicago market with the launch of its new product line, which includes Elevate wall and Elevate glass, as well as Elevate indoor and outdoor interactive digital displays available in a series of large customizable formats.

Elevate Digital combines interactive software with mobile integration and multi-touch displays that allow marketers to enhance the consumer experience through a highly engaging medium. These interactive display units can be placed in high-traffic locations and retain behavioral data and report targeted consumer results and predictive analytics.

“Our objective is to develop an interactive out-of-home platform that is national in scale yet locally targeted,” said George Burciaga, founder and CEO of Elevate Digital. “Our software is the first to truly integrate rich media, messaging and advertising that controls the customer experience.”

Elevate Digital plans to complete the Series A round within the next 60 days, and the company is in talks to expand service to other major metro areas, including New York City and Miami.

“We are excited about providing growth capital to the Elevate product line and to a company that can transform street-level digital interaction for both consumers and advertisers,” said Mark Lewis, principal of Advantage Capital Partners. “Elevate Digital has the potent mix of a leadership team with years of industry experience and an innovative idea poised to shake up a static industry.”

With the announcement, Elevate Digital is in the process of moving its headquarters to 200 S. Michigan Ave., and the company plans to double its headcount in the next 90 days.

Elevate Digital was founded as smartDIGITAL in 2011. The company recently announced partnerships with Groupon, the Chicago Tribune and Metromix, among others. Elevate Digital machines process more than half a million interactions across Chicago each month.

About Elevate Digital

Elevate Digital interactive displays enable advertisers to reach consumers through a leading edge, highly engaging interactive medium and provide consumers with free access to a broad range of information and services. Elevate Digital display units are designed for placement in both indoor and outdoor high-foot-traffic locations and are available in multiple sizes and designed to meet the particular needs of each location.

PRESS RELEASE

AssureRx Health, Inc. today announced the closing of a $12.5 million Series C financing. The personalized medicine company, which provides clinically-relevant information to help physicians select the right drug for individual neuropsychiatric patients, will use the funds to increase commercial activities for its two flagship pharmacogenomic products, GeneSightRx® Psychotropic and GeneSightRx® ADHD, as well as next generation product development activities.

The financing was led by Four Rivers Group and existing investors Claremont Creek Ventures and Sequoia Capital. The financing also included participation of existing investors Cincinnati Children’s Hospital Medical Center, Mayo Clinic, CincyTech, Allos Ventures, as well as new investors jVen Capital and Alafi Capital. New investors Four Rivers, jVen Capital, and Alafi Capital bring to AssureRx Health further expertise and partnering connections to help AssureRx Health continue building its leadership position in psychiatric pharmacogenomics.

“Our goal is to build the leading clinical informatics company providing pharmacogenomic and other treatment decision support products to help physicians individualize the treatment of patients with neuropsychiatric and other disorders,” said James S. Burns, president and CEO of AssureRx Health. “Proceeds from the Series C financing will be used to expand sales coverage, sponsor multiple clinical studies, and develop new products to help accelerate our leadership position in psychiatric personalized medicine.”

Warren Hogarth, partner at Sequoia Capital, said, “AssureRx products have the potential to change the way physicians select the appropriate medications for each of their patients. AssureRx is at the cutting edge of providing treatment decision support products for a very large global psychiatric market. We believe that AssureRx Health is building a world class company.”

John Steuart, managing director of Claremont Creek Ventures said, “AssureRx has enormous potential to lead the transformation of neuropsychiatric care toward personalized patient treatment. GeneSightRx Psychotropic, GeneSightRx ADHD and future pharmacogenomic products hold the promise for faster, better patient outcomes and less costly care. We believe that AssureRx products have the potential for significant adoption by the psychiatric community, leading ultimately to incorporating pharmacogenomics into routine psychiatric practice guidelines.”

From a simple cheek swab, the GeneSightRx technology measures and analyzes clinically important genetic variants that determine how a patient’s unique genetic make-up affects his or her ability to tolerate or effectively respond to psychotropic medications. Patient-specific genetic information obtained through GeneSightRx can assist physicians in the process of selecting appropriate antidepressant and antipsychotic medications for individual patients.

About Claremont Creek Ventures Claremont Creek Ventures (CCV) is a seed and early stage venture firm. CCV invests in digital healthcare, energy technology, payments/commerce, and online businesses. Utilizing the firm’s proprietary life-cycle venturing program, Claremont Creek Ventures also partners with entrepreneurs and institutions, including UC Berkeley, Lawrence Livermore Labs, Stanford University and UC Davis. Claremont Creek has more than $300 million in capital under management in two funds. CCV’s digital healthcare investments in addition to AssureRx Health include Genalyte, GeneWeave, GigaGen, Fluxion Biosciences, Natera, Tibion and Zipline Medical. For more information, visit www.claremontcreek.com .

About Sequoia Capital Sequoia Capital provides venture capital funding to founders of startups who want to turn business ideas into enduring companies. As the “Entrepreneurs Behind the Entrepreneurs”, Sequoia Capital’s Partners have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of NetApp, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of NVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube, Dominic Orr and Keerti Melkote of Aruba Networks, Tony Hsieh of Zappos, Omar Hamoui of Admob, Steve Streit of Green Dot and Reid Hoffman and Jeff Weiner of LinkedIn. To learn more about Sequoia Capital visit www.sequoiacap.com/us .

About AssureRx Health AssureRx Health, Inc. is a personalized medicine company specializing in pharmacogenomics and is dedicated to helping physicians determine the right drug for individual patients suffering from neuropsychiatric and other disorders. The GeneSightRx analysis is based on pharmacogenomics, the study of the genetic factors that influence an individual’s response to drug treatments, FDA approved manufacturers’ drug labels, scientific and clinical peer-reviewed publications, and proven pharmacology. Cincinnati Children’s Hospital Medical Center and Mayo Clinic are equity holders and technology collaborators. To learn more about pharmacogenomics and GeneSightRx, please click here.

PRESS RELEASE

Leonard Green & Partners, L.P. (“LGP”) today announced the closing of the firm’s sixth private equity investment fund, Green Equity Investors VI, L.P. (“GEI VI”). GEI VI substantially exceeded its original target, closing at its hard cap of $6 billion in limited partner commitments along with $250 million from affiliates of LGP.

Investors in GEI VI include a diverse group of domestic and international pension funds, sovereign wealth funds, insurance companies, foundations and family offices. LGP engaged no intermediary to assist in the raising of the Fund.

LGP’s philosophy is to invest in middle-market companies with market-leading franchises and defensible competitive positions, attractive growth prospects and proven management teams. LGP’s investments have been in the form of traditional buyouts, going-private transactions, recapitalizations, growth capital investments, corporate carve-outs and selective public equity and debt positions. Consistent with its prior funds, sectors of focus for GEI VI include retail, distribution, healthcare, aerospace/defense and consumer/business services.

Based in Los Angeles, California, LGP was founded in 1989 and has raised over $15 billion of private equity capital. The investment activities of LGP are led by John G. Danhakl, Peter J. Nolan and Jonathan D. Sokoloff.

SOURCE: Leonard Green & Partners, L.P.

PRESS RELEASE

Optimizely, the YCombinator-backed company that provides a range of website optimization tools to enterprises, agencies and small businesses alike, announced today a new round of funding from Battery Ventures, Google Ventures, and InterWest Partners.

The two-year-old company, started by former Google product managers Dan Siroker and Pete Koomen, is the fastest growing A/B and multivariate testing platform in the world. Over 2,000 enterprises have adopted Optimizely’s platform including Starbucks, Disney, Salesforce, eBay, and Crate&Barrel. The company’s revenues have increased 1,266 percent year-over-year and it has hit profitability. Optimizely plans to utilize the new funding to continue to aggressively scale its team and operations worldwide with the aim of leapfrogging the 16-year-old incumbent, Omniture, which was bought by Adobe for $1.8 billion in 2009.

“In terms of adoption by the top 10,000 global websites we recently surpassed Google Website Optimizer and are on pace to surpass Omniture Test & Target later this year,” said Siroker.

“Optimizely’s strong traction in the marketplace speaks for itself. We believe they have the team and the product to quickly become the category leader,” said Doug Pepper, General Partner, InterWest Partners and Board Member of Marketo and Spredfast.

Since its platform launch in 2010, Optimizely has continued to expand its efforts by offering one- click integrations with popular web analytics tools and the consistent release of new features designed to enable marketers to make better data-driven decisions.

Siroker saw a need for a new kind of A/B testing platform when he was the Director of Analytics for the Obama 2008 presidential campaign. His analytics team relied on the use of A/B and multivariate testing to maximize email sign-ups, volunteers, and donations to raise over $100 million for the campaign. After the campaign, Siroker teamed up with Koomen to deliver an easy- to-use A/B and multivariate testing solution that did not need the technical skills required of existing offerings.

“Optimizely has the potential to turn the industry upside-down, as the addressable market for website optimization continues to explode and the use cases for multivariate testing are growing in complexity with the rise of big data and emergence of the digital marketer,” said Battery Ventures General Partner, Neeraj Agrawal. “Not to mention from the minute you meet Dan and Pete, it’s clear they have the will and technology chops to bypass the incumbents and turn Optimizely into a real category leader.”

About Optimizely

Optimizely is the fastest growing website optimization platform in the world. Over 2,000 enterprises have adopted Optimizely’s platform including Starbucks, Disney, Salesforce, eBay, and Crate&Barrel. Optimizely enables marketers to make better data-driven decisions through A/B and multivariate testing. Optimizely is headquartered in downtown San Francisco, CA.

PRESS RELEASE

SolarBridge Technologies (SolarBridge), a leading provider of microinverter solutions used in AC modules, announced it has secured $25 million in Series D funding. The company has raised more than $71 million to date.

The funding was led by a new investor, Shea Ventures. Investors from previous rounds, including Battery Ventures, Rho Ventures and Osage University Partners, also participated in the Series D.

“AC modules powered by SolarBridge microinverters are the clear choice for residential and light commercial solar,” said Ron Van Dell, president and CEO, SolarBridge. “The SolarBridge AC Module System is a highly bankable solution because it enables an integrated 25-year warranty on the module and dramatically reduces the cost of solar energy through unmatched reliability, better energy harvest and simpler installation. We look forward to further establishing our lead as the preferred microinverter provider to leading module manufacturers.”

The funding will be used to support the launch of new hardware and software products, increase sales and marketing efforts and expand the company’s operations globally.

“As the market for rooftop solar continues to grow, we are excited to partner with SolarBridge, which provides innovative and reliable microinverter technology and a highly differentiated business model,” said Jason Schoettler, managing director of Shea Ventures.

About SolarBridge Technologies

SolarBridge Technologies, a leader in integrated microinverter technologies for the solar industry, is accelerating the adoption of solar energy in residential and commercial applications. The SolarBridge AC Module System—featuring the SolarBridge Pantheon microinverter, Power Manager and Power Portal—dramatically increases the efficiency and reliability of PV systems, while reducing the levelized cost of energy. The Pantheon microinverter matches the lifetime of solar modules, enabling module manufacturers to provide a 25-year warranty on AC modules. The company is headquartered in Austin, Texas. For more information, visit www.solarbridgetech.com.

About Shea Ventures

Shea Ventures is an affiliate of Shea Homes, the nation’s largest private homebuilder.  Since 1968, Shea Ventures has invested over $1 billion into innovative startup companies, including AES (AES), Brocade (BRCD), Compaq (acq. HPQ), Fabrinet (FN), and Salesforce.com (CRM).  Its current portfolio includes such emerging sustainable energy firms as SolarCity and Cool Planet Energy Systems.

(Reuters) – Bain Capital LLC has told investors it has decided to raise $6 billion for its new global private equity fund and will offer three options on fees it charges to manage the money, according to people familiar with the matter.

Bain is preparing to kick off fundraising by the end of June, sending out a private placement memorandum with the final terms of the new fund, Bain Capital Fund XI, the people said. Fund X, the previous fund, was $10.7 billion.

Bain Capital Fund XI will also receive a $600 million commitment from the firm’s fund managers to demonstrate alignment of interest, the sources said. A fundraising close could come as early as the first quarter of 2013, Bain has told investors.

Bain has told investors that a $2 billion co-investment fund will be raised alongside Fund XI and that access as well as terms that investors get on that fund will be tied to the size of their commitment to the core fund, the sources said.

Bain declined to comment.

PRESS RELEASE

Redwood Systems, the leading provider of building-performance lighting solutions, today announced it has secured $11.75 million in series C funding. The investment will enable Redwood to continue its rapid growth in global markets and drive new innovations across the Redwood platform. The round includes participation from Battery Ventures, U.S. Venture Partners, Index Ventures and Mitsui & Co, Ltd.

“We are proud to be one of the companies succeeding at delivering on the promise of clean technology,” said Dave Leonard, CEO of Redwood Systems. “We are rapidly adding world-class companies that achieve significant operational savings and reduce their environmental footprint with our solutions, and our blue-chip group of investors is enthusiastically supportive of Redwood’s progress to date. This investment will allow us to continue our rapid growth by accelerating the development of new technologies that complement the Redwood platform while expanding our leadership in the building-performance lighting industry globally.”

Redwood uses a patented approach that delivers efficient low-voltage DC power and control to lighting fixtures and a high-density sensor network. This allows the system to provide an average of 75 percent energy savings, as well as gather rich data around power consumption, temperature and space utilization. Leading global brands including Facebook, SAP and Volkswagen are using Redwood to reduce costs and lessen their environmental impact. In addition, Redwood recently established operations abroad in Europe, where it signed EDF, the second largest electric utility company in France.

About Redwood Systems

Redwood Systems’ building-performance lighting solutions facilitate lower cost, higher-performing workplaces. Redwood has developed the world’s only smart building platform that powers and controls lights and a high-density sensor grid providing both best-in-class energy savings averaging 75% and granular monitoring of space utilization, temperature and power consumption. This award-winning approach uses patented networking technology and a low-voltage DC architecture for high reliability and scalability as well as low cost installation. With a growing roster of market-leading customers and partners, Redwood is building a reputation for customer success worldwide.

PRESS RELEASE

iHigh®, the leading youth digital television platform and online network, today announced it received $11.7M in funding from Cox Media Group, an integrated traditional and digital media and direct marketing company. This investment will fuel the company’s product development and corporate expansion as demand for iHigh’s digital television platform and online network continues to grow throughout U.S. markets. In making this investment, Cox Media Group acquired a strong minority interest in the company, currently valued at nearly $60M.

iHigh provides free Web-based tools and live video streaming capabilities that enable organizations to connect to their audiences by broadcasting live content to PCs, smartphones, tablets, and any other Internet-connected device. Developed initially to support high school athletics and having spread to colleges and other affinity groups, iHigh enables students, coaches, boosters and other school supporters to easily connect with parents, their communities and local and national advertisers, anywhere and at any time.

“This strategic investment in iHigh is a long-term opportunity for Cox Media Group, and aligns with our mission of creating scalable content and advertising services businesses,” said Doug Franklin, president, Cox Media Group. “We believe iHigh’s solutions – giving audiences the ability to watch any event live over desktops, tablets or smartphones – are uniquely designed to help organizations reach a devoted and distributed fan base, while giving advertisers a highly targeted and hyper-local approach to reaching their customers. We’re looking forward to growing with iHigh, reaching new markets and expanding opportunities for dedicated fans and advertisers alike.”

iHigh’s online broadcast method is provided to high schools and other organizations free of charge. With more than 8,000 organizations using any of iHigh’s unique website templates, local high schools and youth groups, as well as national organizations such as USA Swimming, USA Wrestling, and the National Junior College Athletic Association (NJCAA), can build custom websites dedicated to reaching their audiences with features including live broadcasting, news and photos. iHigh is currently operating in all 50 states and Puerto Rico, and seven countries including Canada, and reaching more than 11 million annual unique visitors, with 20 percent of its traffic coming from mobile devices.

“High school and college sports and events bring families and communities together, and iHigh is the best way to make sure no one misses a game ever again,” said Jim Host, chairman and CEO, iHigh. “While we developed iHigh to highlight high school sports, we believe this to be the best platform for any devoted affinity group to share in a live event. We’re expanding iHigh’s reach into new markets, and having Cox Media Group as a partner and investor will help bring iHigh to communities and all affinity groups across the country.”

Produce Worldwide Broadcast on a Laptop

iHigh’s proprietary virtual Production Truck(SM) software enables anyone with a camera, laptop and Internet connection to produce a live digital broadcast. The production software is free and easy to use, and replaces the 18-wheeler production truck typically found outside large sporting events. Users can toggle among up to four cameras to deliver the best angle, and can insert professional-grade graphics including team or organization logos, scores, statistics, and advertisements. iHigh’s patent-pending Production Truck delivers premium-quality content that can be viewed live, or archived for HD-quality viewing later.

Hyper-local Advertising on a National Scale

To supplement budget shortfalls among all organizations, iHigh empowers high school and college athletics departments and other organizations with a highly-targeted revenue-generating advertising vehicle. iHigh provides a tool for local and national advertisers to reach consumers at a hyper-local level. During breaks in the broadcast, local producers using the iHigh platform can play television-quality commercials with its patent-pending AdTrigger(SM) technology, insert company logos to sponsor broadcast segments, and more. Local advertisers can target the community with local deals, and national advertisers can target specific groups, such as swimming or wrestling fanatics.

Kentucky Benefits from iHigh’s Success

The growth of iHigh has been a boon to the Kentucky tech market. Gov. Steve Beshear remarked, “iHigh is a prime example of the entrepreneurial spirit we strive for in Kentucky. Our university system continues to produce some of the nation’s great thinkers, and I’m proud they’re staying in our state and putting Lexington even more on the map.”

Lexington, Ky. Mayor Jim Gray added, “Lexington is so proud to be home to iHigh, as the company brings extraordinary new opportunities to high school athletes and athletic programs nationwide. And just as important, this announcement brings technology and media jobs, venture capital, and international attention to Lexington as a center for business innovation and creative thinking. This is exactly what a great American city is all about.”

About iHigh

Based in Lexington, Ky., iHigh is the nation’s leading youth digital television platform and online network. It provides free Web-based services to schools, students and other youth organizations around the world to post live television-quality video, stories, photos, video clips, news, schedules and other information to a unique online channel. Each of iHigh’s more than 8,000 organizations across seven countries can generate revenue through video advertisements and sales of merchandise on its iHigh website at no cost to the institution. For more information, visit www.ihigh.com.

About Cox Media Group

Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company that includes the national advertising rep firms of Cox Reps. Additionally, CMG owns and operates Valpak, one of North America’s leading direct marketing companies. With $1.7 billion in revenue, the company operations include 15 broadcast television stations and one local cable channel, 86 radio stations, eight daily newspapers and more than a dozen non-daily publications, and more than 100 digital services. CMG operates in more than 30 media markets and reaches approximately 52 million Americans weekly, including 30 million TV viewers, more than 4 million print and online newspaper readers, and 18 million radio listeners.