WhiteHat Security Inks $8M in VC

Investor Growth Capital is backing Web security company WhiteHat Security with $8 million in fresh capital, the company announced Tuesday. The money will help WhiteHat expand its presence globally and will help with growth efforts. Founded in 2001, WhiteHat is based in Santa Clara, Calif.

Transcend Medical Sews Up $51M Series B

Transcend Medical Inc., a Menlo Park, Calif.-based ophthalmic device company, has closed a second tranche of its Series B round, bringing the total to an eye-popping $51 million. Investors include Investor Growth Capital, Canaan Partners, Finistere Ventures, HLM Venture Partners, Kaiser Permanente Ventures, Latterell Venture Partners, Morgenthaler Ventures, Split Rock Partners and Technology Partners. The company says it will use the funds to develop additional infrastructure and resources for a U.S. study of its micro-stent technology. The company is focused on minimally invasive glaucoma therapies.

Skycross Seals $11M

Skycross Inc., a Viera, Fla.-based manufacturer of wireless antenna solutions, has raised $11 million in Series E financing from Docomo Capital, TL Ventures, Investor Growth Capital, Gabriel Venture Partners and Intel Capital. The company plans to raise a total of $15 million in the Series E round, and aims to close its second tranche by the end of June.

Neuronetics Nets $30M Series E

Neuronetics, the Pennsylvania-based maker of non-invasive, non-systemic treatments for depression, completed a $30 million Series E financing. New investors Polaris Venture Partners and Pfizer Venture Investments led the round and were joined by previous investors Investor Growth Capital, New Leaf Venture Partners, Interwest Partners, Three Arch Partners, Quaker BioVentures, and Onset Ventures.

Visible Technologies Secures $6 Million

Visible Technologies secured $6 million in financing. The Bellevue, Wash.-based provider of social intelligence solutions plans to use the capital to enhance sales and grow its international footprint. Existing investors: Investor Growth Capital (IGC), Centurion Holdings, Ignition Partners, In-Q-Tel and WPP participation in the round. Visible Technologies has secured a total of $45 million to date.

Biotie Buys VC-Backed Synosia Therapeutics

Biotie, a Finland-based drug development company, has agreed to pay 93.6 million euros ($127 million) for Switzerland-based biotherapeutics company Synosia Therapeutics, providing an exit for a slew of venture investors. 5AM Ventures, Aravis SA, Investor Growth Capital, Novo A/S, Swiss Helvetia Fund, UCB S.A., Versant Venture Management and Abingworth Management had backed Synosia.

ClairMail Gets $13.8 Million In Funding

ClairMail Inc. secured $13.8 million in a late-stage round of funding. The San Rafael, Calif.-based mobile banking and payments solutions company said the investment was led by Investor Growth Capital (the venture capital arm of Stockholm-based Investor AB). Existing investors JAFCO Ventures, Northwest Venture Partners and Outlook Ventures participated in the financing. ClairMail plans to use the capital to grow its technology infrastructure and service capabilities.

Healthline Networks Raises $14 Million

Healthline Networks, a San Francisco-based provider of online health information services, has raised $14 million in third-round funding. Investor Growth Capital led the round, and was joined by return backers Peacock Equity Fund and Reed Elsevier Ventures.

Tobii Technology Raises New Capital

Tobii Technology AB, a Stockholm-based eye tracking technology company, has raised $21.5 million in venture backing from Amadeus Capital Partners, Northzone Ventures and existing backer Investor Growth Capital. Press release: Tobii Technology AB is rising a €16 million (MSEK 170) expansion capital from Amadeus Capital Partners, Northzone Ventures and existing investor, Investor Growth Capital. The […]

Mpex Pharma Raising $40 Million

Mpex Pharmaceuticals Inc., a San Diego-based drug developer focused on antibiotic resistance, has held a $27.5 million first close on its Series D round that is targeting a total of $40 million. Investor Growth Capital led the tranche, and was joined by return backers investors SV Life Sciences, HBM BioVentures, Aberdare Ventures and Adams Street Partners.

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