REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
SV Life Sciences (SVLS), an international life sciences venture capital firm with offices in Boston, San Francisco and London, has held the final closing of its SV Life Sciences Fund V with total commitments of over $523m. Approximately 60% of capital commitments came from the United States and 40% from Europe and the rest of […]
Verde Media Group Inc. (OTCPK: HMIT), has signed a letter of intent to acquire an equity interest in Astrablu Media Inc., a Beverly Hills, California-based film and television production company that produces, develops and distributes films and television programming nationally and internationally. The company’s assets include a film library and a current slate of highly […]
AqueSys, Inc., an Irvine, California-based medical device company that develops, manufactures and distributes proprietary implants for glaucoma, has secured $35m in Series C financing. The round was led by Longitude Capital and Rho Ventures, with participation from existing investors Accuitive Medical Ventures, The Carlyle Group and SV Life Sciences. The AqueSys implant offers a 10-minute […]
Mavenir Systems, a Richardson, Texas-based provider of voice and messaging convergence solutions that enable mobile operators to offer new services by transforming their core network to power IP based mobile cloud services, has raised $13.6m in its fourth round of funding. Investors include North Bridge Venture Partners, Austin Ventures, Alloy Ventures, Greenspring Associates and Cisco.This […]
Zymeworks Inc., a Vancouver (BC), Canada-based biotechnology company focused on the development of innovative antibody-based therapeutics, closed a $3.2m financing. The round consists of a follow-on institutional investment by CTI Life Sciences Fund, L.P. which led the company’s previous financing in 2009. Zymeworks will use the funds to advance its antibody-engineering platform, ZymeCAD™, and research […]
BIND Biosciences, Inc., a Cambridge, MA-based biopharmaceutical company developing targeted polymeric nanoparticle-based therapeutics that deliver high drug concentrations to diseased cells and tissues, has secured $12.4m in a Series C-1 financing. Investors include all of BIND’s existing venture partners Polaris Venture Partners, Flagship Ventures, ARCH Venture Partners, NanoDimension and DHK Investments, a new backer, Endeavour […]
SunRun, Inc., a San Francisco, CA-based home solar company, closed a $55m Series C funding. The round was led by Sequoia Capital, with participation from existing investors Accel Partners and Foundation Capital. The company, which currently has over 4,500 home solar customers across five states – Arizona, California, Colorado, Massachusetts and New Jersey, will use […]
Mindmancer AB, a Göteborg, Sweden-based company that develops technology and provides cameras to prevent vandalism, intrusion, theft and fire, raised 2.3m kronor. Investors, among others, include the venture capital firm Coach & Capital. The funds will be used for further expansion in Sweden, in Poland and Norway, where the company recently signed agreements with partners […]
LOUD3R, a Pasadena, CA-based platform that gives publishers and marketers tools to add content to their sites, apps and social media, said it secured more than $3m in financing earlier this year. Since then, LOUD3R has been developing new content curation technology and plans to introduce additional products throughout the year. In addition, the company […]
NYU is planning to create a $20m venture capital fund to provide seed funding for startup companies based on technologies developed at the University. The fund will be almost entirely funded from external sources and is expected to make its first investments in 2011. The University has named Frank Rimalovski who brings 11 years of […]
Acturis Limited, a London, UK-based provider of insurance technology solutions, has received a minority investment of undisclosed amount from Summit Partners. Founded in 2000, the company currently provides a Software as a service (SaaS)-delivered platform that automates insurance administration and enables multi-channel implementations as well as electronic trading of commercial and personal lines insurance. Customers […]
HitFix, an online entertainment magazine, has raised $1.6m in a second round of funding. The investment was made by the angel investment network Tech Coast Angels (TCA). In conjunction with the funding, TCA investor, Yuri Pikover, will join the company’s board of directors. HitFix is a resource that relies on entertainment commentators and journalists such […]
Semafone Ltd, a London, a UK-based fraud prevention software for use in call centres, has raised £1.9m in funding from funds managed by Octopus Ventures. The capital will enable the company to accelerate its growth in the UK and abroad, through expanding sales and marketing efforts. Founded in 2009 by a consortium of call centre […]
DFJ Mercury, a Houston-based seed and early-stage venture capital firm focused on investing in information technology, advanced materials, and bioscience companies of Texas, Colorado, Illinois and Michigan, has closed its second fund, totalling $70m in commitments. As part of DFJ Mercury Fund II, new institutional investors joined Fund I’s high-net worth and family office investors. […]
eoSemi, a Rotherham, UK-based semiconductor company, has closed a £3m funding. The round was led by NESTA Investments and Capital-E, with participation from existing investors Enterprise Ventures, via its RisingStars Growth Fund II and South Yorkshire Investment Fund. eoSemi will use the funds to bring its new silicon-based timing device to market. This technology, which […]