SenSage’s deal, where the data and analytics company was announced to be selling to KEYW Corp. for a maximum price of $34.5 million—providing targets are achieved—might be hailed as a win in some circles, but, according to Thomson Reuters data, the exit in fact has some VCs getting kicked in the IRR.

Tobira Therapeutics, a developer of innovative antiretroviral therapies for HIV, has appointed three executives in the finance, clinical and pharmaceutical sciences functions. Caroline Loewy joins the company as executive vice president and chief financial officer, Jeff Enejosa, M.D., as senior director, clinical research, and Mark Menning as director, pharmaceutical sciences. Tobira has financial backing from [...]

Axial Exchange has acquired mRemedy, a company formed in 2009 by DoApp and Mayo Clinic to offer a mobile healthcare platform to healthcare providers. Axial Exchange is backed by a syndicate of top venture capital firms, led by Canaan Partners. PRESS RELEASE Axial Exchange Inc. today announced that they have acquired mRemedy, a company formed [...]

If you think you have the connections and the desire to make a social impact on the Indian private equity market then this week’s job posting for the head of a private equity fund within the region may be for you.

DICOM Grid, a cloud software-as-a-service platform for medical imaging application has secured a $5 million financing expansion round led by Canaan Partners, CHL Medical Partners and existing individual investors. The funds will be used to expand distribution of DG Suite, the company’s product line for managing diagnostic imaging and related health data. PRESS RELEASE DICOM [...]

If you have a passion for US seed and early stage business and have what it takes to fight for the cause, then this week’s job posting could be for you.

Skybox Imaging, an early stage provider of satellite imagery, video, and big data analytics, has secured $70 million in Series C financing led by Canaan Partners and Norwest Venture Partners. They join existing investors Khosla Ventures and Bessemer Venture Partners, bringing the total amount raised to date to $91 million. PRESS RELEASE Skybox Imaging, an [...]

Forty-two funds raised $4.88 billion during the period, a 35% decrease in dollars from the first quarter a year ago and a 22% drop from the fourth quarter, according to data from the National Venture Capital Association and Thomson Reuters.

Relievant Medsystems Inc., a medical device company focused on basivertebral nerve ablation for the treatment of chronic axial low back pain, has raised $30 million in Series D financing. New Enterprise Associates led the financing with participation from existing investors Canaan Partners, Emergent Medical Partners, Morgenthaler Ventures and ONSET Ventures. The company is based in [...]

Helion Venture Partners isn’t a household name in venture circles. But the firm has two funds under its belt and is now raising $255.3 million for a third, according to a filing with the Securities and Exchange Commission.