VC-backed Siluria Technologies promotes two

Siluria Technologies has promoted Rahul Iyer to vice president of corporate development and Gary Koehler to vice president of operations. Siluria is a company that converts natural gas into chemicals and fuels. It is backed by ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Altitude Life Science Ventures, Lux Capital and Vulcan Capital.

Om Malik becomes partner at True Ventures

Om Malik, founder of the news site Gigaom and a journalist for more than 20 years, said he has become a partner at True Ventures and will give up his day-to-day reporting duties. He had previously been a venture partner at the firm. In a blog post, Malik said he will remain on the Gigaom board and write as an occasional columnist, but no longer function as a daily employee.

Siluria Technologies Appoints to Board

Siluria Technologies has appointed Karl Kurz to the company’s board of directors. Siluria is a company that converts natural gas into chemicals and fuels. It is backed by ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Altitude Life Science Ventures, Lux Capital and Vulcan Capital.

Scifiniti Raises $10M From Alloy, Firelake, 12BF, Peninsula

Scifiniti said it raised $10 million in Series B funding from existing investors Alloy Ventures, Firelake Capital, I2BF Global Ventures and Peninsula Ventures. The company will use the money to bring its first product to market. Its SmartWafer is a replacement for silicon wafers used in solar cell manufacturing.

Agari Secures Funds and Appoints VP and CTO

Agari has announced a $5 million strategic investment and the addition of two new executives. An undisclosed strategic investor and existing investors Alloy Ventures, Battery Ventures, First Round Capital and Greylock Partners participated in the round. Ingrum Putz has joined the company as vice president of engineering and Vidur Apparao as chief technology officer.

Labcyte Closes $5.3m Financing

Labcyte, a privately-held company advancing acoustic liquid handling, has closed a Series D financing led by the healthymagination fund, a part of GE Ventures. The $5.3 million round also included current Labcyte investors – Abingworth, Alloy Ventures, Cross Atlantic Partners, Delphi Ventures, H&Q Healthcare Investors and H&Q Life Sciences Investors.

Volcano to Acquire Crux Biomedical

Volcano Corporation, a manufacturer of precision guided therapy tools to enhance the treatment of coronary and peripheral vascular disease, has signed an agreement to acquire Crux Biomedical. Under terms of the agreement, Volcano will pay $36.0 million in cash at closing. Crux Biomedical has been funded by Alloy Ventures, Three Arch Partners, Emergent Medical Partners and Thomas Fogarty, M.D.

Siluria Raises $30M From Bright, Vulcan, Kleiner, ARCH, Alloy, Others

Siluria Technologies said it closed a $30 million Series C financing led by new investors Bright Capital and Vulcan Capital and joined by existing investors ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield and Byers, Lux Capital, Altitude Life Science Ventures and Presidio Ventures. The company is developing a technology to convert […]

ViVOtech Closes First Tranche of Series D

Santa Clara, Calif.-based ViVOtech has held a first closing of its Series D round, bringing the company’s total funding to $96 million. The company’s point-of-sale technology is designed to provide rich mobile commerce solutions for in-store payment, loyalty, marketing, and merchandising. The company’s investors include Alloy Ventures, Citi Ventures, Draper Fisher Jurvetson, EDBI, First Data […]

YouSendIt Launches Workstream

YouSendIt, a provider of extended enterprise collaboration services, has launched a new product line called Workstream. Headquartered in Campbell, CA, YouSendIt is backed by venture capital firms Adams Street Partners, Alloy Ventures, Emergence Capital Partners, Sevin Rosen Funds and Sigma Partners. PRESS RELEASE YouSendIt, Inc., the leading provider of extended enterprise collaboration services, today announced […]

Alloy, Battery, First Round & Greylock Back AGARI

Cloud-based email security company AGARI, f.k.a. Authentication Metrics Inc., has added $2.5 million in fresh capital from Alloy Ventures, Battery Ventures, First Round Capital and Greylock Partners. The Series A round will be used to scale its technology, designed to protect brand reputation, eliminate email threats, and prevent the loss of sensitive data, the company says. AGARI is based in Palo Alto, Calif. Alloy Ventures led the round.

Siluria Technologies Nets $20M

Siluria Technologies, the California-based methane conversion company, has landed $20 million in the form of a Series B investment led by the Wellcome Trust, a UK-based foundation. Other investors include Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.

Siluria Technologies Closes on $20M

Siluria Technologies, a San Francisco-based developer of methane-based alternatives for producing fuels and chemicals normally derived from oil, has raised $20 million in new capital. The Series B round was led by UK-based Wellcome Trust, with participation from Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.

PE, VCs Look to Feed on $100M Genomatica IPO

NEW YORK, Aug 24 (Reuters) – Genomatica Inc, which makes chemicals from renewable feedstocks, wants to raise as much as $100 million in an initial public offering to capitalize on burgeoning interest in the green chemistry sector. The San Diego-based company, in a filing with the U.S. Securities and Exchange Commission on Wednesday, did not […]

Verinata Health Closes on $46.5M in Series C

Verinata Health Inc., a company focused on maternal and fetal health, has raised $46.5 million in Series C round, with another $2 million expected by the end of the month. The company, backed by Mohr Davidow Ventures, Sutter Hill Ventures and Alloy Ventures, will use the funds for continued research and development.

Restoration Robotics Seals $41M

Restoration Robotics, a medical device company focused on hair restoration, has closed a $41 million Series C round led by Clarus Ventures. Sutter Hill Ventures, Alloy Ventures and Interwest Partners also joined in the round, which will be used for commercialization and the launch of its technology. The company is making computer-assisted technology that enables harvesting of hair follicles during hair restoration procedures.

AEGEA Medical Wraps up $13.3M Venture Round

AEGEA Medical Inc., which is developing a minimally invasive treatment for abnormal uterine bleeding, has sealed $13.3 million in new financing led by Covidien Ventures. Existing investors Alloy Ventures and Delphi Ventures also contributed to the round. As a result of the funding, Amy Belt, a director at Covidien Ventures, joins AEGEA’s board. The company is based in Redwood City, Calif.

ViVOtech Closes on $24M Series C

ViVOtech has raised $24 million in an extension to its Series C financing. New investors EDBI, SingTel Innov8 and Motorola Solutions Venture Capital participated in the round. Current backers Alloy Ventures, Citi Ventures, Draper Fisher Jurveston, DFJ Gotham, First Data Corporation, Miven Ventures, Motorola Mobility, Nokia Growth Partners and NCR also participated. ViVOtech, a Santa Clara, Calif.-based provider of wireless payment software and chips, will use the money to expand its international reach.

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