June 2011

TAS Energy Closes Late Stage Financing with KPCB

June 30, 2011

TAS Energy Inc., a Houston, Texas-based technology company providing clean economic power solutions by focusing on the energy efficiency and renewable energy markets, has closed a late stage financing of undisclosed amount with Kleiner Perkins Caufield & Byers. The company intends to use the funds to continue to grow across its business units. Led by [...]

LeapSky Wireless Receives Backing from One97 Communications

June 30, 2011

LeapSky Wireless, a Singapore-based company that provides 3G/Wifi based mobile data services, has received funding One97 Communications Limited. The company intends to use the funds to launch its initial product. Incubated at Singapore Management University Institute for Innovation and Entrepreneurship and led by founder Siva Sai N, LeapSky will offer a patent-pending personal mobile hotspot product [...]

FIZZA Raises $200K in Seed Capital

June 30, 2011

FIZZA, LLC, a Glen Allen, Virginia-based supplier of sparkling dairy nutrient beverages, has received $200k in seed capital. The company intends to use the funds to produce and deliver its first product, a Sparkling Dairy Nutrient Beverage, called FIZZA®, to the market. The company will begin shipping the product to schools on the east coast [...]

Amplitude Acquired by Apax Partners

June 30, 2011

Amplitude, a Valence, France-based company that designs, develops and markets orthopaedic implants for hips and knees, has been acquired by funds managed by Apax Partners for an undisclosed amount. Following the transaction, Apax, which bought the company from Weinberg Capital Partners and Initiative & Finance, will become the majority shareholder alongside its founder and management [...]

Gizmox Receives Strategic Investment from Citrix Systems

June 30, 2011

Gizmox, a Tel Aviv, Israel-based developer of a visual web, cloud and mobile delivery platform, has received a strategic investment of undisclosed amount from Citrix Systems (Nasdaq: CTXS). As part of the investment, Gizmox and Citrix are working together to enable enterprises to deliver existing and new applications to HTML5-enabled devices. Visual WebGui technology enables [...]

Sorbent Therapeutics Raises Additional $36M in Series B Financing

June 30, 2011

Sorbent Therapeutics, a Sunnyvale, California-based biopharmaceutical company developing therapies for cardiovascular and renal disorders, has raised an additional $36m in Series B financing. This brings the total amount raised by the company in this second round to $53m. The investment was led by new shareholder Novartis Venture Funds, with participation from existing backers Sofinnova Ventures, [...]

H&D Wireless Raises SEK11,5M

June 30, 2011

H&D Wireless AB, a Lista, Sweden-based global smarthome solution provider, has received a SEK11,5m investment. The round was led by Pomona-gruppen AB, a Swedish industry group, which committed SEK10m. The company intends to use the funds to continue to expand. Led by founder and CEO Pär Bergsten, H&D Wireless provides OEM companies with a Wi-Fi [...]

Burt Raises SEK20M in Funding

June 30, 2011

Burt, a Göteborg, Sweden-based company that develops an analysis tool for online advertising, has raised SEK20m in funding. The round was led by Industrifonden, which is investing SEK14m with participation from current owners. The company plans to use the funds to expand internationally and further develop its solution. Founded in 2009 by CEO Gustav von [...]

Sol Voltaics Raises SEK40M in Funding

June 30, 2011

Sol Voltaics, a Lund Sweden-based company that develops a new type of material designed to reduce the cost of producing electricity from solar cells, has raised SEK40m in funding. Among the others, investors include Industrifonden, which is committing SEK18.5m. The company intend sto use the funds to further advance its products. Sol Voltaics is also [...]

Tenex Health Closes $5M Series A Financing

June 30, 2011

Tenex Health Inc., a Lake Forest, CA-based developer of minimally invasive therapies for removal of diseased soft tissue and restoration of healthy musculoskeletal function, closed a $5m Series A financing. The round, which was led by VCI Partners. The company intends to use the funds for product manufacturing, development of a sales force, and marketing [...]

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