October 2009

Data Robotics Closed $10M Series E Financing

October 29, 2009

Data Robotics, Inc. a Santa Clara, CA-based developer of automated data storage products, has closed a $10m Series E financing round led by Focus Ventures, with participation from existing investors Greylock Partners, New Enterprise Associates (NEA), RRE Ventures, and Sutter Hill Ventures. The company will use the funds to accelerate research and development programs and [...]

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Lein Applied Diagnostics Raises £1M Financing

October 29, 2009

Lein Applied Diagnostics Limited, a Reading, Berkshire, UK developer of non-invasive optical measurement technology, has raised £1m from the the UMIP Premier Fund, managed by MTI, and the National Endowment for Science, Technology and the Arts (NESTA). Now, Lein has allowed a window of 30 days for a number of business angels to invest alongside [...]

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Italy, Veneto Sviluppo Sets Up new Venture Capital Fund

October 29, 2009

The Italian Region of Veneto will commit €10m in a private equity fund aimed to invest and take minority stakes in local small and medium enterprises and cooperatives. Other private investors including banks industrial associations as well as foundations are expected to participate in the fund, which is being created by Veneto Sviluppo, the regional [...]

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SnapLogic Closes $2.3M Series A Financing

October 29, 2009

San Mateo, CA-based SnapLogic, a provider of a data integration platform, has closed a $2.3m Series A round of venture capital financing. Investors include Andreessen Horowitz, Maples Investments, Google engineering vice president Brian McClendon, and Vast chairman and Epinions co-founder Naval Ravikant. The proceeds will be used to continue development of the company’s DataFlow platform [...]

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USA, Virdante Pharma Raises New Financing

October 29, 2009

Cambridge, MA-based Virdante Pharmaceuticals, a developer of drugs for autoimmune and inflammatory diseases, announced the closing of a new financing, which brings the total amount raised since January 2008 to $47.75m. This extension of its Series A financing was led by Thomas, McNerney & Partners with participation by Osage Partners and previous investors Clarus Ventures, [...]

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Greenpeak Technologies Secures €13M In Series B VC Funding

October 29, 2009

GreenPeak Technologies completed a €13m ($19m) Series B venture capital financing round. The round was led by exisiting backers Gimv and Robert Bosch Venture Capital with participation from DFJ Esprit, Motorola Ventures and Allegro Investment. The proceeds will provide the company with the necessary funds to finance its growth in the coming years. GreenPeak is [...]

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Black Opal Equity Launches

October 29, 2009

Black Opal Equity LLC, a new private equity firm that will specializes in acquiring and actively managing established middle-market businesses in the United States, launches today. It will invest in companies that service, or partner with, the infrastructure, essential service and government sectors in the United States. Black Opal Equity aims to acquire companies with [...]

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Incubator Seeks new Space Companies

October 29, 2009

Lousville, Colorado eSpace: The Center for Space Entrepreneurship, a non-profit business incubator and workforce development organization for aerospace companies, announced that it is seeking a second round of aerospace entrepreneurs to participate in the eSpace incubator. The organization is actively seeking Colorado-based companies regardless of size, maturity and technology sector. The selected organizations will receive [...]

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UK, Metalysis Announces New Jobs in South Yorkshire after Getting £1.5M Grant

October 29, 2009

The Regional Development Agency Yorkshire Forward has confirmed a £1.5m grant to Metalysis Ltd., a Rotherham-based technology business for the global manufacture of special metals and alloys. According to an official statement, the award will help create 90 highly skilled jobs in the South Yorkshire region as the company gears up to develop a plant [...]

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France, Creavalley Receives €1M Investment from Alto Invest and NCI Gestion

October 29, 2009

Creavalley, a Caen, France-based company founded in 2007 that operates two e-commerce sites, Cadres-Et-Album.com and MaPapeterie.com, completed a €1m financing round led by Alto Invest and NCI Gestion. The funding will be used to further develop in a segment still dominated by large mail order business as JPG and improve its logistics. The company will [...]

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