REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Polymeric Sensors Pvt. Ltd, an India-based company that designs, manufactures and markets testing systems for the testing of Water, Fluoride and Soil, has received a venture capital investment of undisclosed amount from VIVA Capital. The company, which has invented a handheld electronic device with electrochemical sensors to test water purity and soil fertility, intends to […]
Acceleron Pharma, Inc., a Cambridge, MA-based biopharmaceutical company developing protein therapeutics for cancer and orphan diseases, has raised $30m in funding. Backers include Celgene and all other existing investors. The company intends to use the funding to expand and advance its clinical stage pipeline and to continue to support its highly productive research engine. Founded […]
Eyesight & Vision GmbH, a Nuremberg, Germany-based specialist in intraoperative aberrometry equipment, has completed a first round of financing. Backers include High-Tech Gründerfonds and SeedFonds Bayern. The company intends to use the funding to make its patented technology ready for market introduction. Founded by Kurt Heiberger and Andreas Schnalke in June 2010, Eyesight & Vision […]
PTC Therapeutics, Inc., a South Plainfield, NJ-based biopharmaceutical company has received a $5m Seeding Drug Discovery (SDD) Award from the Wellcome Trust. The company intends to use the funding for the development of small-molecule drugs that target life-threatening infections caused by multidrug-resistant (MDR) Gram-negative bacteria. Led by President and CEO W. Peltz, Ph.D., PTC Therapeutics […]
Akamai Technologies Inc. (NASDAQ: AKAM), Akamai a provider of a platform over which businesses can engage users across the Web, mobile, cloud, or a mix of public and private network environments, is acquiring Cotendo, a Sunnyvale, Calif.-based web and mobile acceleration services provider, for $268m. Founded in 2008, Cotendo offers an integrated suite of Web and […]
AuraSense Therapeutics, an Evanston, IL-based biopharmaceutical company commercializing spherical nucleic acid (SNA™) constructs as gene regulation- and chemo-therapeutics for several diseases, has closed a Series B financing of undisclosed amount. Backers include Abbott Biotech Ventures, a subsidiary of Abbott, and individual investors, including: – Patrick Ryan, founder of Aon; – David Walt, co-founder of Illumina; […]
InterRisk Solutions, a Wirral, UK-based business developing a new model in personal injury claims, has received an of undisclosed amount of funding. Backers include EV-managed North West Fund for Venture Capital, with participation from unnamed private investors. The funding will be used to develop the business further – including the creation of a new UK […]
PatientKeeper Inc., a Boston, Mass.-based provider of physician healthcare information systems, has raised $6m in growth capital. Backers include existing investors Flybridge Capital Partners, New Enterprise Associates and Whitney & Co. The company intends to use the funds to continue to invest in product development of its suite of advanced clinical, charge capture and other […]
Intimate Bridge 2 Conception, Inc. (Ib2C™), a Pittsburgh-based direct-to-consumer medical device company focused on reproductive health, has closed a $4.3m Series A financing. The round was led by a private, Pennsylvania-based investment group and was joined by the PLSG Accelerator Fund. The company intends to use the capital for manufacturing and marketing to prepare for […]
SurDoc Corporation, a Menlo Park, CA-based newly launched company that develops document processing and backup technology, has raised $4m in funding from IDG Ventures. The company also announced its new service offering 10 GB of free storage along with free, and automatic backup of Microsoft® Windows® data files to the cloud. Based on the OASIS […]
Jawbone, a San Francisco, CA-based provider of mobile lifestyle products and services, has received $40m in funding. Backers include Deutsche Telekom, Kleiner Perkins Caufield & Byers, private investor Yuri Milner, and investors advised by J.P. Morgan Asset Management. The new capital, which brings Jawbone’s total funding to date close to $210m, will allow the company […]
Cloudability, a Portland, Oregon-based company that provides a solution for businesses to manage and monitor all of their cloud costs, has closed a $1.1m seed funding. The round was led by Trinity Ventures and Walden VC, with participation from a local consortium of Portland-based angel investors, which committed $255K, and other individuals. The company intends […]
Sterecycle, a London, UK-based waste treatment and renewable power company, has raised £5.1m in equity funding. The round was led by new investor Finance Yorkshire (investing £1.25m). Another new investor, German businessman Lars Windhorst, and existing investors including Aston Hill Financial from Canada participated, injecting the remaining £3.85m. The company intends to use the funds […]
Conjunct Limited, a Livingston, UK-based designer and supplier of Optical Sub Assemblies (OSAs) for a wide range of Datacomms applications, has raised £340k in its third round of funding. The round was led by existing investor Braveheart Investment Group (AIM: BRH), with participation from Scottish Investment Bank’s Scottish Co-investment Fund. The company intends to use […]
AppShare Limited, a Glasgow, UK-based developer of web collaboration technology that allows the sharing of electronic information and software applications between groups at different geographical locations, has raised £500k in its fourth round of funding. The round was led by existing investor Braveheart Investment Group (AIM: BRH), with participation from Strathclyde Innovation Fund, Scottish Investment […]