Valeritas Inc., a Bridgewater, N.J.-based developer of drug delivery systems for the diabetes market, has raised $150 million in Series C financing. The funding will support commercialization of its V-Go disposable insulin delivery device. Welsh, Carson, Anderson & Stowe led the financing and assumes a controlling interest in Valeritas. Previous investors MPM Capital, Pitango Venture Capital, Abingworth Management, Advanced Technology Ventures, ONSET Ventures, HLM Venture Partners, Agate Medical Investments, CHL Medical Partners and Kaiser Permanente Ventures also participated.
Yahoo’s $1.1 billion planned purchase of blogging site Tumblr is the largest exit of a pre-public venture-backed New York-based company
Author : mboslet
The surging popularity of bitcoin has some brand-name venture capitalists investing real money in the controversial virtual currency. Just since
Author : laragon
It’s that time of the year when every VC (or, well, most VCs) secretly pulls up Forbes’ Midas list and,
Author : mahendra
Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party
Author : reuters-news
Shares of Tableau Software soared nearly 64% on Friday, promising a massive return for its venture capital backers New Enterprise
Author : lbeltran
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Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to begin syndicating a $5.2 billion term loan B to back their bid for Dell Inc, banking sources […]
Mission Markets said on Thursday that it has closed a $1.5 million Series A2 funding round. This brings the company’s total funding to approximately $3 million. Lead investor was social entrepreneur James Lee […]
The Hillman Companies said on Thursday that Executive Vice President and Chief Operating Officer James P. Waters will succeed Max W. Hillman as Chief Executive Officer, effective July 1, 2013. Waters, who had […]
LoyalBlocks said on Thursday that it has received $9 million in Series A funding. The lead investor was General Catalyst Partners. Founder Collective and existing investor Gemini Israel Ventures also participated […]
Institutional investors are taking over the nascent peer-to-peer lending industry, and in doing so, taking the “peer” out of the equation. For their part, “peer-to-peer” lending platforms like Lending Club, <a href="http://www.prosper.com/" […]
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