Apnex Medical has secured financing totaling $10 million from New Enterprise Associates. The funds will be used to support the ongoing Apnex Clinical Study. Apnex develops medical devices aimed at helping people with sleep apnea. Other investors in the company include Domain Associates, Polaris Venture Partners and investor and Apnex chairman Michael Berman.
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Boston Scientific Corporation is to acquire BridgePoint Medical. Minneapolis, Minnesota-based BridgePoint Medical was established in 2007 to develop and commercialize new technologies to treat challenging coronary artery disease. Investors include New Enterprise Associates, Polaris Venture Partners, Foundation Medical Partners and Michael Berman.
Global online music video channel BalconyTV-Music With A View has secured its first institutional funding from Polaris Venture Partners, Lerer Ventures and Greycroft Partners. Former MTV Networks CEO Judy McGrath will also join the company in an advisory role. BalconyTV was founded by three Dublin friends who began filming daily performances of new and up-and-coming [...]
Athletes’ Performance, a provider of performance training, nutrition and physical therapy for athletes, military and corporations, has secured a $22.5 million investment from ABS Capital Partners. ABS Capital joins the Company’s initial investor Polaris Venture Partners. PRESS RELEASE Athletes’ Performance, a leading provider of integrated performance training, nutrition and physical therapy for elite athletes, military [...]
Polaris Venture Partners anticipates a 10x return on its investment in Ascend Health Corp., according to a news report. Ascend, an operator of nine psychiatric inpatient facilities, said Monday it had agreed to sell itself to Universal Health Services for $500 million. The deal will bring Polaris $115 million when the merger closes in the [...]
US clean technology company Infinite Power Solutions has completed a $10 million Series D financing. Existing financial investors Generation Investment Management, D. E. Shaw Ventures, Polaris Venture Partners and Core Capital Partners co-led the financing, which also included participation by Applied Ventures, the venture capital arm of Applied Materials, In-Q-Tel and two additional strategic investors. [...]
Adimab, a Lebanon, New Hampshire-based maker of an antibody discovery platform, has raised what it’s calling an “oversubscribed” Series F financing. Neither terms nor investors are being disclosed. The company has already raised roughly $25 million since its 2007 founding, including from Polaris Venture Partners, Borealis Ventures, and Google Ventures. PRESS RELEASE: Adimab, LLC, a leader [...]
Accounting Management Solutions, a provider of outsourced accounting, financial management, and consulting services has promoted Don MacKenzie to company president. MacKenzie joined the company in 2010 as chief operating officer and will retain this title. Jim Bourdon, founder of the company, will remain chief executive officer. Prior to joining AMS in 2010, MacKenzie served as [...]
San Francisco-based gift-giving service Wantful has secured a $5.5 million series A investment. Led by Polaris Venture Partners, the round also includes funding from previous investors including Harrison Metal, Greylock Partners and Forerunner Ventures, as well as angel investors. PRESS RELEASE — Wantful, a leading gift-giving service focused on helping you give exceptional gifts for [...]
Promedior, a clinical stage biotechnology company has raised $21.5M in a first closing of a Series D financing round. The financing was led by a new investor, Fibrotec Ventures with participation from all of Promedior’s existing venture investors, including Morgenthaler Ventures, HealthCare Ventures, Polaris Venture Partners, Forbion Capital Partners and Easton Capital Investment Group. This [...]