Phyzios, a Japan-based provider of applications for Apple's iPhone, has raised $5.6m in its series B round.

Newswire Reuters said Oak Pacific has hired investment banks Credit Suisse and Deutsche Bank for its initial public offering, five years after it had initially been mooted.

American Family Insurance leads B round in Shoutlet, and is joined by venture capital firms Origin Ventures and Leo Capital as repeat investors.

Allison Goldberg, vice president of Time Warner Investments, joins AdaptiveBlue's board after $6m series C round.

Ireland-based utility ESB's corporate venturing fund has invested $7m in Bioflame.

Payvment provides an e-commerce platform for social network Facebook and raised $6m in its series B round from Sierra Ventures and BlueRun Ventures.

ISoftStone preps NYSE flotation

Germany-based phone operator Deutsche Telekom's corporate venturing unit leads $6m C round for MyThings.

Pentalum Technologies raised $9m in its first round from venture capital firms Cedar Fund, Evergreen Venture Partners and Draper Fisher Jurvetson in July. The round was then kept open to allow ABB in.