REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
AliveCor, Inc., an Oklahoma City-based developer of a mobile electrocardiogram recorder, has secured $3m in Series A financing. The round was led by Burrill & Company, with participation from Qualcomm Ventures and the Oklahoma Life Science Fund. The company intends to use the funds to to expand its team, complete clinical studies currently ongoing at the Oklahoma […]
Pure Storage, a Mountain View, CA-based provider of all-flash enterprise storage arrays, has raised an additional $30m in Series C funding. Samsung Venture Investment Corporation closed the round, which includes Redpoint Ventures, Greylock Partners, Sutter Hill Ventures and angel investors. Pure Storage has received a total of $55m in capital investments to date. The company plans to […]
Mirna Therapeutics, Inc., an Austin, Texas-based biotechnology company focused on the development and commercialization of microRNA (miRNA)* therapeutics, has closed a $1.5m equity financing round. Backers include several (undisclosed) existing shareholders. This funding follows a $5m award the company received from the Texas Emerging Technology Fund in 2009 and a $10.3m commercialization award from the Cancer […]
ClearEdge Power, a Hillsboro, OR-based manufacturer of high-efficiency stationary fuel cells, has raised $73.5m in Series E financing. The round was led by new investor Artis Capital Management, with participation from Güssing Renewable Energy, Southern California Gas Company, a regulated subsidiary of Sempra Energy (NYSE: SRE), and existing backer Kohlberg Ventures. The company intends to […]
KalVista Pharmaceuticals, a Southampton, UK-based newly formed ophthalmology company with a focus on diabetic macular edema (DME), has raised £8m in a series A funding round. Backers include Novo A/S and SV Life Sciences. KalVista is developing novel plasma kallikrein inhibitors, which represents a new approach to the treatment of DME, a leading cause of […]
Spinifex Pharmaceuticals, a Melbourne, Australia-based pain drug development company, has raised an additional AU$6.25m in an expanded Series B venture capital funding. Investors include GBS Venture Partners Limited, Brandon Capital Partners Pty Limited, Uniseed Management Pty Limited and UniQuest Pty Limited. Spinifex previously announced it had raised AU$12m from the same syndicate. Established in 2005 […]
Launched in 2010, Opinionaided is a free application that allows consumers to use their mobile devices to get advice and opinions in real-time. Incubated by Kurani Interactive, it has already raised more than $5.5m in funding (read related news below). Founder and CEO is Dan Kurani, President and CEO of New York-based digital development firm Kurani […]
Wanova Inc., a San Jose, California-based desktop cloud provider, raised $10m in Series B funding. Investors include Greylock Partners, Carmel Ventures and Opus Capital. The company intends to use the funding to build global sales and support teams. Led by CEO Sebastiano Tevarotto, Wanova provides service providers and enterprises with cloud desktop software designed to […]
Cleveland HeartLab Inc. (CHL), a specialty clinical laboratory and disease management company, completed an $18.4m Series B financing round. The investment was led by Excel Venture Management and HealthCare Ventures, with participation from existing investors. The company intends to use the funds to expand its menu of tests with new proprietary biomarkers already in its […]
nLIGHT Corporation, a Vancouver, WA-based high-power semiconductor laser provider, received $17.5m in a fully subscribed Series E financing. Participants in the round include existing investors Oak Investment Partners, Mohr Davidow Ventures, and Menlo Ventures. This funding brings the company’s total equity funding to approximately $110m. Led by CEO Scott Keeney, nLIGHT develops and manufactures fiber […]
Hudong.com, the large encyclopedia website which is known as China’s Wikipedia, has raised RMB100m in a third round of financing. The company intends to use the funds to accelerate its commercialization process, and promote its presence in the mobile Internet sector. Founded in 2005 and led by CEO Pan Haidong, Hudong.com provides people with a […]
NextDocs Corporation, a King of Prussia, Pennsylvania-based provider of Microsoft SharePoint based software solutions for life sciences industries, has raised $10.3m in a Series A financing from OpenView Venture Partners. The company intends to use the funds to broaden product lines, customer service and support, and expand into new markets. Founded in 2006 by CEO […]
pauldirekt GmbH, a German online shopping club with a focus on consumer electronics, received an equity investment of undisclosed amount. The round was led by Vorwerk Direct Selling Ventures, with participation from venturecapital.de The company intends to use the funds to accelerate the expansion of the number of members, and invest in other initiatives to […]
Skype has agreed to acquire GroupMe, a New York-based provider of mobile group messaging services for an undisclosed consideration. Founded in 2010 by Jared Hecht and Steve Martocci, GroupMe allows users to start conversations and keep in touch with your real life network. It is free and it works on every phone. The company is […]
6fusion, a Raleigh, North Carolina-based provider of utility-metered public, private and hybrid cloud infrastructure management software and services, has closed a $7m round of funding. The round was led by Grotech Ventures, with participation from Intersouth Partners, which led the company’s first institutional investment in August 2010 (read here). The company intends to use the […]