Turbine, a developer of MMO games, has raised $25 million of a planned $40 million third round report peHUB. The Westwood, MA-based company has now raised over $90 million. Investors in the latest round include return backers Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital. The company’s…

Hillcrest Labs, the maker of an interactive media navigation platform, has raised a $25 million second round led by Alliance Bernstein, with participation from existing backers New Enterprise Associates, Columbia Capital and Grotech Capital Group. The Rockvilly, MD-based company previously announced a $10 million raise in 2004, for a total…

Reston, VA-based Avail Media, a provider of IPTV services to broadband operators, has added $8 million to its second round, which started earlier this year. The round is now complete at $25 million, with participation from new investor Valhalla Partners and previous backers Columbia Capital, Novak Biddle Venture Partners, and…