LinkedIn, the social networking site for business professionals, set its IPO terms to 7.84 million shares being offered at between $32 and $35 per share. If it prices high, the company’s initial market cap could top $3 billion. The company has raised over $100 million in VC funding, from firms like Sequoia Capital (18.9% pre-IPO stake), Greylock Partners (15.8%), Bessemer Venture Partners (5.1%), European Founders Fund, Bain Capital Ventures, SAP Ventures, McGraw Hill Cos. and Goldman Sachs. www.linkedin.com

Molecular Imaging Research Inc., an Ann Arbor, Mich.-based developer of in vivo preclinical imaging solutions, has raised $7 million in Series A funding co-led by Baird Venture Partners and Arcus Ventures. www.molecularimaging.com

U-Systems Inc., a Sunnyvale, Calif.-based developer of automated breast ultrasound technology, has raised $6.5 million in new VC funding from return backers iD SoftCapital Group, Lumira Capital, PIIH, Radius Ventures and Sycamore Ventures. www.u-systems.com

TabbedOut, a startup that allows users to pay restaurants or bar tabs via smartphone, has raised $5.75 million in Series A funding led by New Enterprise Associates. www.tabbedout.com

Lifebooker, a Brooklyn, N.Y.-based provider of online marketing and advertising solutions for health and beauty businesses, has raised $4 million from Edison Ventures. www.lifebooker.com

MusiXmatch, an Italy-based developer of a digital lyrics API, has raised $3.7 million in Series A funding led by Francesco Micheli Associates.www.musixmatch.com

Caprotec Bioanalytics, a German developer of a platform technology for the analysis of small molecule-protein interactions, has raised €1 million in new Series B funding. The round total is now €5 million. LBBW Venture Capital provided the new capital, while existing shareholders include Creathor Venture, IBB Beteiligungsgesellschaft and ERP Startfonds. www.caprotec.com

Us Trendy Inc., a Cambridge, Mass.-based ecommerce platform for independent fashion designers, has raised nearly $1 million in VC funding from Draper Associates. www.ustrendy.com

FRIDAY, MAY 6

PeixeUrbano, a collective buying website in Brazil, has raised an undisclosed amount of growth capital funding. General Atlantic led the round, and was joined by Tiger Global Management. The company previously raised money from Benchmark Capital and Brazil’s Monashees Capital. www.peixeurbano.com

JiWire, a location-based mobile advertising company, has raised $20 million in new VC funding, according to TechCrunch. Trident Capital led the round, and was joined by Comcast Interactive Capital, Draper Fisher Jurvetson, Panorama Capital, and Norwest Venture Partners. The San Francisco-based company previously raised $25 million. www.jiwire.com

THURSDAY, MAY 5

JumpTap, a Cambridge, Mass.-based provider of targeted mobile advertising solutions, has raised $25 million in new VC funding. Return backers include AllianceBernstein, General Catalyst, Redpoint Ventures, Summerhill Ventures, Valhalla Partners and WPP. The company previously raised $70 million.www.jumptap.com

iRhythm Technologies Inc., a San Francisco-based developer of cardiac diagnostic monitoring solutions, has raised $15 million in Series C funding. New Leaf Venture Partners led the round, and was joined by return backers Mohr Davidow Ventures, Synergy Life Science Partners and St. Jude Medical. www.irhythmtech.com

Mashery, a San Francisco-based provider of API enablement and management services, has raised $11 million in second-round funding. OpenView Venture Partners led the round, and was joined by return backers Cisco Systems, Formative Ventures, First Round Capital and .406 Ventures.www.mashery.com

Disqus, a San Francisco-based developer of an interactive blog commenting system, has raised $10 million in Series B funding. North Bridge Venture Partners was joined by return backer Union Square Ventures. www.disqus.com

PowerReviews, a San Francisco-based provider of social commerce SaaS solutions to retailers and brands, has raised $10 million in new VC funding. Four Rivers Group led the round, and was joined by Woodside Fund and return backers Menlo Ventures and Tenaya Capital. The company previously raised $27 million. www.powerreviews.com

PeopleMatter, a Charleston, S.C.-based provider of talent management solutions for the service industry, has raised $7.2 million in Series B funding. Noro-Moseley Partners led the round, and was joined by return backers C&B Capital, Intersouth Partners and Harbert Ventures. www.peoplematter.com

TaskRabbit, a San Francisco-based service networking platform “that helps busy people get things done,” has raised $5 million in Series A funding. Shasta Ventures led the round, and was joined by  Baseline Ventures, First Round Capital, FLOODGATE, Collaborative Fund and 500 Startups.www.taskrabbit.com

Careerminds Group Inc., a Wilmington, Del.-based provider of Web-based outplacement and career transition services, has raised nearly $1.29 million in Series A funding. Innovation Ventures LLC led the round, and was joined by Gabriel Investments, Trestle Ventures and ARC Fund. www.careerminds.com

eMerge Health Solutions, a Cincinnati-based developer of voice-command workflow and documentation systems for healthcare workers, has raised $250,000 in VC funding from CincyTech.www.emergeendo.com

PlumChoice, a Billerica, Mass.-based provider of remote technology support services to the home and small business markets, has raised $25.6 million in new private funding. M/C Venture Partners, Gold Hill Capital and Eastward Capital were joined by return backers like Edison Ventures. www.plumchoice.com

Efficient Frontier, a Sunnyvale, Calif.–based global performance marketing company, has acquired Context Optional, a San Francisco-based provider of enterprise social marketing solutions. No financial terms were disclosed. Efficient Frontier backers include Cambrian Ventures and Redpoint Ventures. www.efrontier.com

Backup software specialist Acronis has signed a deal with Iomega to bundle its new Backup & Recovery 11 software with Iomega’s new StorCenter PX range. The agreement will allow EMC (NYSE:EMC) partners taking the SMB-focused NAS range access to the Acronis off-site backup service instead of EMC’s own rival Mozy service which it recently transferred to its VMware (NYSE:VMW) offspring.

“We are very pleased with the agreement,” comments David Blackman, general manager, Northern Europe at Acronis. In his view, its online backup service allows channel partners a simple way of getting into high value business continuity services with minimal upfront investment. However, Blackman is vague about how many users the service that launched in October last year actually has or how many partners are selling it as vendor deems the information as “sensitive”.

The Acronis backup service costs around £30 per Terabyte per month for servers and is maintained in the UK by an unnamed “tier one” UK hosting provider. The equivalent EMC Mozy service costs around £250 to £300 per moth for 1TB of data. Although Blackman stresses that its online backup will be sold through the channel, Acronis like Mozy, is also available direct via an online shop. Channel partners can expect around 20 percent margin on the service for the lifetime of any customer contract.

The deal between Acronis and Iomega is exclusively for the UK and both firms will be kicking off a joint roadshow later this month to try and recruit partners and generate sales for both new products.

Iomega had previously used Roxio Restropsect, a technology formerly owned by EMC which it sold to Sonic Solutions last year. It had been assumed that Iomega would use the EMC Avamar software for its new NAS solution but the selection of Acronis is an acknowledgement that in the sub-£5000 area where its new PX series is aimed, the higher-end EMC software was probably not well suited.

UK-based security software maker Sophos has acquired Astaro, a privately-held provider of network security solutions.

Terms of the deal were not disclosed, but Astaro booked $56 million in billings last year, which makes it the fourth largest dedicated unified threat management (UTM) provider in the world.

Astaro was founded in 2000 and is headquartered in Karlsruhe, Germany and Wilmington, USA. The company currently boasts more than 220 employees in nine countries, including a significant presence in the EMEA region.

The company raised a total of $12.9 million from Wellington Partners, Insight Venture Partners and OpenView Venture Partners.

The network security appliance maker says it has completed over 56,000 installations in over 60 countries, protecting business, school and government networks against a variety of IT security threats such as data theft, viruses, spyware and spam.

Astaro also boasts a network of over 2,500 channel partners.

With the acquisition of Astaro, Sophos aims to deliver coordinated protection and policy between endpoint and network to its clients, along with integrated management and reporting.

TechPoint is pleased to announce that ExactTarget CEO and co-founder Scott Dorsey is the initiative’s 2011 Trailblazer in Technology Award recipient for significant and lasting contributions to the high-tech economy in Indiana. The Trailblazer in Technology Award is part of TechPoint’s annual Mira Awards program recognizing excellence and achievement of Indiana’s outstanding technology industry performers and contributors, and focuses attention on the broader issue of the important role technology plays in Indiana’s economy. Dorsey will receive the award at TechPoint’s Mira Awards Gala this Saturday.

Dorsey and his fellow co-founders Chris Baggott and Peter McCormick launched ExactTarget in December 2000 to help organizations use the then emerging medium of email to connect with their customers and drive sales. Today, the company has grown to nearly 1,000 employees and powers interactive marketing campaigns across email, mobile, social media and the web for organizations around the world. As CEO since the company’s founding, Dorsey has led ExactTarget to become the largest privately held interactive marketing technology firm with operations across the U.S., Europe and Asia-Pacific.

“The influence Scott Dorsey has had on the tech sector can be traced through the business headlines of the past decade,” said Jim Jay, president and CEO of TechPoint. “From his company’s meteoric rise and venture capital success, to creating hundreds of Hoosier jobs and sparking at least a dozen spinout and tech startups; Scott is an integral part of Indiana’s technology industry.”

Mark Hill, chairman of the TechPoint board of directors, said “Scott’s passion for technology and building a successful company is palpable. He cares about creating a positive, excellent place to work just as much as he cares about making sure ExactTarget is well funded and sustainable. Scott’s contributions to the tech sector extend to his leadership in economic development and education as well, we have all benefited from his dedication and hard work.”

Dorsey has received numerous awards for his business and civic leadership, including Ernst & Young Entrepreneur of the Year, BtoB Magazine’s Who’s Who List, MS Society Hope Award, Indianapolis Business Journal’s “Forty Under 40” and Junior Achievement KPMG’s “Best and Brightest” awards. Under his leadership, ExactTarget has earned global acclaim from organizations including, Inc, Deloitte, Wall Street Journal, Adobe, Microsoft and American Business Awards.

“It is a great honor to receive the TechPoint Trailblazer in Technology Award and join the ranks of previous recipients who have made Indiana a vibrant hub of technology innovation,” Dorsey said. “I look forward to accepting the award on behalf of the entire ExactTarget team who continues to make such a lasting impact on our community.”

Dorsey is actively involved in regional community organizations and serves on the board of directors of TechPoint, Indiana Sports Corporation and the Central Indiana Corporate Partnership. He is a member of the Dean’s Advisory Council for the School of Informatics at Indiana University and serves as the Marketing Communications Division Chair for the Indianapolis Super Bowl 2012 Host Committee. Dorsey is also active in the regional technology community as an investor and member of HALO Capital Group, a Central Indiana-based seed capital fund for emerging high-tech ventures. Prior to ExactTarget, Scott held numerous sales and marketing leadership positions with Divine, Inc., Metro, and Steelcase, Inc.

Scott earned his undergraduate Marketing degree from Indiana University and MBA from the Kellogg Graduate School of Management at Northwestern University. While at Kellogg, Scott majored in Entrepreneurship and E-Commerce & Technology.

For the past 12 years, TechPoint’s annual Mira Awards have put a spotlight on Indiana’s high-tech all-stars, understanding that celebrating success is one way to create more of it. The Mira Awards are Indiana’s largest and most visible technology awards program; learn more at http://www.techpoint.org/Mira. This year’s Mira Gala awards ceremony will be held on May 7th at the new JW Marriott Indianapolis.

About TechPoint
TechPoint is Indiana’s statewide technology initiative focused on growing Indiana’s tech sector by promoting the successes of technology companies and professionals; supporting the formation, expansion, and attraction of technology companies; and advocating appropriate public policy. For more information, please visit www.techpoint.org.

Longitude Capital Management Co., a venture firm founded by former members of Pequot Ventures, is talking to investors about its second life sciences fund, VentureWire has learned. The firm is expected to target $325 million for the new fund, the same amount that it raised for its debut effort back in 2008, which was generating a 16.8% net internal rate of return, including unrealized investments, according to Calpers.

The founder and chief technology officer of energy storage developer Deeya Energy Inc., Saroj Sahu, has left the company, he told VentureWire. Among its investors are BlueRun Ventures, Draper Fisher Jurvetson, New Enterprise Associates and Technology Partners. “It was for personal reasons, I’m working on another venture right now,” Sahu said. It’s in the area of clean technology, but he declined to name the start-up or describe it further.

Also, Polaris Group is raising about $20 million for its lead drug targeting liver-cancer patients, VentureWire has learned…General Fusion Inc. has raised a $19.5 million round at a post-money valuation of about $50 million as it eyes several years of research and development ahead of it on a new type of energy generation technology… and, choosing growth over profitability, Mashery Inc., a provider of web app services for the enterprise, has raised a Series D round of $11 million so it can handle bigger customers.

Data backup and recovery specialist Acronis has introduced a new version of its frontline product that adds the automated protection of cloud-stored data alongside that of virtual and physical on-site systems.

Acronis Backup & Recovery 11, announced May 3 for availability in June, is aimed at midrange and smaller businesses and remote offices within larger enterprises. It features its own integrated disk-imaging IT to go with purpose-built data protection and backup features that include catalog and search.

Most enterprises have separate point products to handle disaster recovery and data storage, thus requiring two sets of controls and tools — and, in some systems, even separate administrators. Acronis claims to be the first to release a package that provides file-based backup and system-level recovery in a single package designed for business users, not necessarily IT staff.

Acronis Backup & Recovery 11 automates backup and recovery of unstructured data, including images, documents and virtual machines. For structured data, it supports Microsoft Exchange; SQL Server support will become available later, Acronis Senior Vice President and General Manager for the Americas Izzy Azeri told eWEEK.

When it becomes available later this quarter, Azeri said, the new unified Acronis platform will provide a data-centric view independent of the entire backup archive, enabling users to control their data wherever it is held — whether it be in a physical, virtual or a cloud world.

New features in Acronis Backup & Recovery 11, according to Azeri, will include catalog and search; improved disaster recovery plans (step-by-step plans to make recovery easier); support for tape drives and tape libraries; simplified workflows; the ability to restore and migrate to dissimilar hardware for Linux environments; and simultaneous backups of multiple virtual machines for VMware ESX(i) and Microsoft Hyper-V.

Acronis also offers increased capacity options based on customer demand for storage space, Azeri said.

“Unlike other solutions, Acronis offers a flat pricing structure for the cloud rather than pricing per gigabyte,” Azeri said. Go here for details.

Acronis Backup & Recovery 11 will be available at $1,399 per server from Acronis channel partners worldwide, Azeri said.

Mashery, a provider of API management tools for Web and mobile application developers, said on Thursday that it has raised $11 million in new funding, led by OpenView Venture Partners.

Previous backers Cisco, Formative Ventures, First Round Capital and .406 Ventures also participated.

Founded in 2006, San Francisco-based Mashery provides on-demand API infrastructure enablement and management for over 100 brands, including Best Buy, Netflix and The New York Times.

The company counts a network of more than 100,000 developers.

Mashery will use the funds for additional product development, and to expand sales and marketing in key vertical markets.