REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Boston Heart Lab, a Framingham, MA-based developer of specialized diagnostics for patients with heart disease, has completed a $10m Series C round of financing. The round was led by Bain Capital Ventures. In conjunction with the funding, Alice Limkakeng and Jeff Crisan, both from Bain, join the company’s board of directors. Boston Heart Lab has […]
Panaya, a Menlo Park, CA- and Raanana, Israel-based provider of SaaS for automating SAP upgrades while minimizing risks, has raised €6m in venture capital financing. Investors include Hasso Plattner Ventures, Benchmark Capital and Battery Ventures, which led a $7m series C funding round in the company last June. Established in 2006, Panaya provides a cloud-computing […]
Phenex Pharmaceuticals AG, a Ludwigshafen, Germany-based drug discovery and development company, closed a €6m Series C financing round (approximately $7,8m). This brings the total amount raised by the company through three rounds of funding (from 2005 to 2010) to €17,2m ($22,4m). Investors inclde EVP Capital Management/VRP, LBBW Venture, Creathor Venture, Swiss Life, CD-Venture, KfW, private […]
Arterial Remodeling Technologies, a Noisy le Roi, France-based developer of bioresorbable coronary polymer stents that are designed to promote the natural remodeling of an injured artery after angioplasty, has closed on a $8.5m new venture financing round. Investors include existing backers Matignon Technologies and Amundi Private Equity Funds, and new partner InnoBio Fund, which is […]
Nexant, Inc., a a San Francisco, CA-based provider of intelligent grid software and clean energy solutions, has received a $43m growth financing. Investors include Oak Investment Partners and Intel Capital (see FinSMEs’ news on the financing), TeleSoft and Beacon. This new capital will enable the company to develop and deploy its new platform, GridSmart®, and […]
NewBridge Pharmaceuticals FZ-LLC, a Dubai, UAE-based a specialty pharmaceutical, biologics, medical devices and diagnostics company, closed $12m in Series B financing. This round, which brings the total amount raised to date to $16m, was led by Kuwait Life Sciences Company (KLSC), a subsidiary of National Technology Enterprises Company of Kuwait, with participation from previous investor […]
Micromax Informatics Limited, a New Delhi, India-based mobile handset company, has received a 200 crores (approximately US $43m) investment from Sequoia Capital, Sandstone Capital LLC and Madison India Capital. Sequoia Capital and Sandstone Capital are taking minority stakes in the company and are joining TA Associates, which completed a US$45m investment in Micromax in late […]
Núter (formerly known as Saprogal), a La Coruna, Spain-based animal feed and nutrition company, has received an equity investment of undisclosed amount from H.I.G. Europe and H.I.G.-Bayside Capital. Other investors include Spanish private equity firm Mercapital, Grupo Leche Pascual, and Núter’s management team. The new equity will allow the compny to bolster its balance sheet […]
windeln.de, a German baby care specialty website, has received a venture capital investment of undisclosed amount. The round was led by DN Capital, an international media and technology early stage and growth capital investor, with participation from High-Tech Gründerfonds, business angels and members of the management team. The website, which is expected to be launched […]
Cirtas Systems, a San Jose, CA-based provider of a cloud-enabled enterprise storage system, has closed a $10m Series A funding round. Investors include NEA, Lightspeed Venture Partners and Amazon. The company also announced that it is coming out from stealth mode today as it made available to the general market its Bluejet Cloud Storage Controller […]
Chronix Biomedical, a San Jose, CA-based developer of disease-specific biomarkers based on DNA fragments that are released into the bloodstream by damaged and dying (apoptotic) cells, has completed a $1.8m Series E financing from existing and new investors. As stated by Dr. Howard Urnovitz, CEO of the company, funds from this financing helped Chronix complete […]
Data Impact, a Huntington Beach, CA-based provider of modular SaaS-based Electronic Invoice Presentment and Payment (EIPP) solutions, has secured $5m in a new round of funding. The round was led by Zon Capital Partners, with additional investment from private investors and the company’s founders. In addition, Square One privded the company with a line of […]
BA-Insight, Inc., a White Plains, NY-based enterprise search software company specializing in Microsoft-based information access technology, has secured $6m in private equity funding. The round was led by Milestone Venture Partners, with participation from Paladin Capital Group, Osage Venture Partners. The New York State Common Retirement Fund participated in the financing through funds managed by […]
FluimediX, a Taastrup, Denmark-based point-of-care diagnostic company, has received a funding of undisclosed amount to continue to develop its NanoCycler™, a diagnostic platform for the measurement of relevant genetic mutations in patients. The round was led by SEED Capital Denmark, with participation from existing shareholders. The proceeds of this financing round will be used to […]
Power Assure, a Santa Clara, CA-based supplier of Dynamic Data Center Optimization software, has received a $1.5m strategic investment from ABB, a provider of power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. ABB Technology Ventures, which made the investment through its venture capital arm, joined […]