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PORTLAND, OR — Fios, the premier provider of electronic discovery, antitrust review, and merger and acquisition due diligence services to law firms and government agencies, announced it has raised $10.1 million in a second round of institutional funding. The international mix of investors was led by Fluke Venture Partners (FVP) and included 3i; Banyan Capital […]
CAMBRIDGE, MA — MPM Capital announced today that it co-led the founding investment in Critical Therapeutics, Inc., a startup biotechnology company focused on the development of therapeutic products for critical care medicine (e.g. acute inflammation, trauma etc). The $10 million Series A financing was co-led with HealthCare Ventures, a leading venture capital firm focused on […]
PALO ALTO, CA — Garage Technology Ventures, formerly Garage.com, announced the approval by California Public Employees Retirement System (“CalPERS”) of Garage Technology Venture’s proposal to manage the Garage California Entrepreneurs’ Fund, a $10 million venture fund in which CalPERS will be the exclusive Limited Partner, as part of CalPERS’ California Initiative Program. It also closed […]
SAN RAFAEL, CA — Scene7, a leading provider of dynamic imaging software for the Internet, kiosks and print, today announced the completion of an $11.3 million Series B financing round. Moore Capital Management, a leading investment firm with a focus on emerging technology, led the round. Additional new investors include Xcelera Inc., a leading European […]
MIAMI — Viajo.com, Latin America’s leading online travel destination, today announced it has closed a third round of financing, led by previous investors JPMorgan Partners and GP Investimentos. Viajo.com will use the funds to further strengthen its position as the online travel leader in Latin America’s three largest markets: Brazil, Mexico and Argentina. Viajo.com expects […]
RICHARDSON, TX — Celion Networks, a private company designing and manufacturing optical networking products, announced today it has secured $45 million in a second-round of financing led by Lehman Brothers Venture Capital Group. Other leading companies who participated in the round include Corning Innovation Ventures, Intel Communications Fund, Global Innovation Partners and another investor. Sequoia […]
SAN DIEGO — VitaGen Inc. announced today that it has completed a first closing of its Series C financing, raising approximately $14 million from several prominent life science venture funds. Existing investors JP Morgan Partners, BD Ventures, Merrill Lynch Ventures, Perseus Biotech Advisors (New York Life), Tullis-Dickerson & Co., Essex Woodlands Health Ventures, Pacific Horizon […]
TORONTO — A third round of venture capital funding from a group of respected firms experienced in the technology sector will help Castek Software Factory Inc. advance product development and propel market access, Castek Chief Financial Officer Fay Wu announced here today. The $10 million funding, from the Netherlands-based p3 Technology Partners, CIBC Capital Partners […]
CHARLOTTE, NC — Carolina BroadBand Inc. today announced that an inability to raise the needed $400 million worth of debt financing has forced it to both push back the construction of its fiber optic telecom networks and reduce its workforce. The news comes just one year after the company raised $402 million from a consortium […]
MENLO PARK, CA — Knowledge Networks, an emerging leader in providing market intelligence to consumer businesses, has secured $40 million to fund further growth. The financing was led by new investor Maveron, with participation from existing investors Oak Investment Partners, Alloy Ventures, Meritech Capital Partners and Oak Hill Venture Partners. PALO ALTO, CA — Visionael […]
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