Posted on: June 20, 2011 by cnolan
Irvine, Calif.-based ClariPhy Communications Inc., a developer of signal processors for optical networking, has sealed $14 million in new funding, led by by Nokia Siemens Networks. The new money will help ClariPhy expand deployment of its system-on-a-chip, the company said in a release. ClariPhy is backed by a stable of prominent venture investors including Norwest Venture Partners, Allegis Capital, ONSET Ventures and Pacific General Partners. The company previously raised at least $44 million.
Tags: Allegis Capital, Nokia Siemens Networks, Norwest Venture Partners, Onset Ventures, Pacific General Partners
Posted on: May 16, 2011 by Jonathan Marino
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.
Tags: InterWest Partners, Investor Growth Capital, New Leaf Venture Partners, Onset Ventures, Pfizer Venture Investments, Polaris Venture Partners, Quaker BioVentures, Three Arch Partners
Posted on: December 13, 2010 by Alastair Goldfisher
It’s that time of the year again. Onset Ventures, the Menlo Park, Calif.-based VC firm, is set to mail out today its 16th annual holiday card. The handcrafted cards from the firm are known for their spoofing, and this year’s version is no different, as it pokes fun at Farmville and social gaming. Past Xmas [...]
Tags: Holiday Creations, Onset Ventures
Posted on: December 3, 2010 by cnolan
PacketMotion has added $2.7 million in Series C financing, bringing its total raised in the round to $8.4 million. Reservoir Venture Partners led the round, with contributions from Athenian Venture Partners, Intel Capital, Mohr Davidow Ventures and Onset Ventures. Sunnyvale, Calif.-based PacketMotion will use the money to expand sales and marketing for its security platform, which helps companies meet compliance and audit requirements and mitigate network security threats.
Tags: Athenian Venture Partners, Intel Capital, Mohr Davidow Ventures, Onset Ventures
Posted on: November 19, 2010 by PEHub Administrator
Boston Scientific, based in Natick, Mass., has announced plans to acquire Los Gatos, Calif.-based Sadra Medical, developer of an aortic valve replacement system, to gain entry into the emerging market of structural heart disease. Boston Scientific is paying $193 million in cash, plus additional potential milestone payments of up to $193 million. Sadra Medical is a seven-year-old [...]
Tags: Accuitive Medical Ventures, Boston Scientific, Finistere, FirstMark Capital, HealthCor Partners, Incept LLC, Oakwood, Onset Ventures, Sadra Medical, SV Life Sciences
Posted on: November 1, 2010 by cnolan
Belmont, Calif.-based Vindicia has raised $20 million in venture capital financing. New investor FTV Capital led the Series E round, which included participation from existing investors Bertelsmann Digital Media Investments, DCM and Onset Ventures. Vindicia, which develops on-demand billing technology, has raised a total of more than $41 million. As a result of the latest funding, FTV Capital Partner Eric Byunn joins Vindicia’s board. FTV Capital has offices in San Francisco and New York.
Tags: FTV Capital, Onset Ventures, Vindicia
Posted on: October 28, 2010 by Connie Loizos
The newest Silicon Valley Venture Capitalist Confidence Index is out, and based on a survey of 37 Bay Area VCs, investors are feeling slightly more confident about their industry than they did in the second quarter. Some of the brighter trends, said the VCs, include increasing exit opportunities that are improving the financial metrics of [...]
Tags: Mark Cannice, Onset Ventures, Red Capital Planet, Shomit Ghose, venture capital
Posted on: August 30, 2010 by PEHub Administrator
Publicly traded security company CA Technologies is acquiring venture-backed Arcot Systems in an all-cash transaction for $200 million. Arcot, which makes authentication and fraud prevention software, has raised $92.3 million over its 13-year history, according to Thomson Reuters data. Its investors include Onset Ventures, Accel Partners, and Invesco Private Capital, among others. CA Technologies (NASDAQ:CA) [...]
Tags: Accel Partners, arcot systems, Onset Ventures
Posted on: August 30, 2010 by Alastair Goldfisher
If you blinked a few weeks ago, you might’ve missed a press release by VC-backed Hotspur Technologies. The Mountain View, Calif.-based company, which makes catheters for kidney dialysis and other medical devices in the vascular space, quietly announced that it received FDA clearance for the first three of its commercial products. The approval process took [...]
Tags: Bio-Star Private Equity Fund, Finistere Partners, Hotspur Technologies, Onset Ventures, Saratoga Ventures, Three Arch Partners, Versant Ventures
Posted on: July 16, 2010 by Connie Loizos
Earlier this month, federal regulators approved the first implantable eye telescope for elderly people with an advanced form of macular degeneration, which can cause a blind spot in the center of their vision, making even simple tasks a challenge. The development is great news for the eight million people in America who suffer from macular degeneration and [...]
Tags: Leslie Bottorff, Onset Ventures, VisionCare