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eFFECTOR Therapeutics Raises $45 Million Series A

Posted on: May 21, 2013 by asormaniNo Comments »

Biopharmaceutical company eFFECTOR Therapeutics has completed a $45 million Series A financing. Investors include U.S. Venture Partners, Abingworth, Novartis Venture Funds, SR One, Astellas Venture Management, Osage University Partners and Mission Bay Capital.

Chute Opens Up With $7M Series A

Posted on: May 7, 2013 by Alastair GoldfisherNo Comments »

San Francisco-based startup Chute announced Tuesday it raised $7 million Series A round of funding led by Foundry Group, with existing investors Freestyle Capital and U.S. Venture Partners also participating. The company, which came out out of Y Combinator, previously raised about $3 million in funding from institutional ind individual investors, including Klout co-founder and CEO Joe Fernandez.

Sequoia, USVP Back Clustrix With Series C

Posted on: May 6, 2013 by Alastair GoldfisherNo Comments »

Clustrix, a San Francisco-based developer of clustered databases to help make them manageable and searchable, has raised a $16.5 million Series C round of funding from current investors Sequoia Capital, U.S. Venture Partners, ATA Ventures and individual investor Don Listwin, a former executive of Cisco. The company, which was founded in late 2005 and came out of Y Combinator, has raised now raised $46.5 million to date.

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Diablo Technologies Expands Financing Round to $36M

Posted on: March 19, 2013 by StaffNo Comments »

Diablo Technologies Inc., an Ottawa, Ontario-based maker of memory system interface products, has raised C$7.5 million in additional financing, expanding its latest venture capital round to C$36 million. The new funds include a first-time investment from U.S. Venture Partners (USVP), with USVP partner Chris Rust joining Diablo’s board of directors. Additional funds came from the company’s existing investors, which include Battery Ventures, BDC Venture Capital, Celtic House Venture Partners and Hasso Plattner Ventures.

CardioKinetix Completes $48 Million Series E Round

Posted on: February 28, 2013 by Connie LoizosNo Comments »

CardioKinetix, a Menlo Park, Calif.-based medical device company, has completed the $23 million second-tranche of its Series E financing, bringing the total round to $48 million. Panorama Capital is the company’s newest investor. It joins previous investors U.S. Venture Partners, JPMorgan Partners, New Leaf Venture Partners, SV Life Sciences, H&Q Healthcare Investors, and H&Q Life Sciences Investors.

Med Device Company Intersect ENT Raises Series D

Posted on: February 25, 2013 by Alastair GoldfisherNo Comments »

Medical device company Intersect ENT has raised a $30 million Series D round of funding that was led by new investor Norwest Venture Partners. Also participating in the round were existing investors Kleiner Perkins Caufield & Byers, U.S. Venture Partners, PTV Sciences and Medtronic. The company, which develops therapies for ear, nose and throat surgeons, previously raised $30 million in known funding.

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Livefyre Raises $15M From USVP, Greycroft, Cue, HillsVen, ff

Posted on: February 6, 2013 by mbosletNo Comments »

Livefyre said it raised a $15M Series C investment in a deal led by U.S. Venture Partners and joined by existing investors Greycroft Partners, Cue Ball, HillsVen Group, and ff Venture Capital. The money will support new growth and expansion into new markets.

U.S. Venture Partners Hires Venture Partner

Posted on: January 9, 2013 by asormaniNo Comments »

U.S. Venture Partners has appointed Emily Melton as venture partner. Melton previously was a partner at DFJ, where she was actively involved in a number of companies in the firm`s consumer and enterprise portfolio. After DFJ, Emily was with Mayfield Fund, where she was involved in formulating the firm`s mobile and consumer investment strategy.

Easilydo iPhone App Launches With Funding From USVP, Mayfield

Posted on: December 13, 2012 by Alastair GoldfisherNo Comments »

U.S. Venture Partners, Mayfield Fund and undisclosed individual investors have put $4.3 million into Easilydo, which launches today. San Francisco-based Easilydo provides a personal productivity app for the iOS.

AccelOps Appoints CEO

Posted on: December 13, 2012 by asormaniNo Comments »

AccelOps has appointed former Cisco Systems executive and Tidal Software chief executive officer Flint Brenton as president and CEO, effective immediately. AccelOps is backed by U.S. Venture Partners.