EsbaTech AG, a Swiss developer of antibody fragment therapeutics, has raised CHF 23 million ($22m) in Series B funding. Return backers include SV Life Sciences, Clarus Ventures, HBM BioVentures, HBM BioCapital, Novartis Bioventures, BioMedinvest and VI Partners. PRESS RELEASE ESBATech AG, a leading developer of antibody fragment therapeutics, today announced that the company […]
SliceX, a San Jose, Calif.-based developer of low-power analog and mixed-signal chips, has raised $15 million in Series B funding. Crosslink Capital led the round, and was joined by return backers BlueRun Ventures and Global Catalyst Partners. The company previously raised a $10 million Series A round in 2006. www.slicex.com
Castle Harlan has completed its $288 million sale of AmeriCast Technologies Inc., an Atchison, Kansas-based maker of complex steel castings, to Australia-based Bradken Ltd. (ASX: BKN). Castle Harlan bought AmeriCast in late 2006 from KPS Special Situations Fund for $110 million. That deal also saw Bradken
TokBox, a San Francisco-based provider of Web-based video communication services, has raised $10 million in Series B funding. Bain Capital Ventures led the round, and was joined by return backer Sequoia Capital. It had previously raised $4 million. PRESS RELEASE TokBox, a first-of-its-kind web-based video communication service that offers consumers free and effortless video calling, […]
SaftPay, a Miami Beach-based global payment system for online transactions, has raised $6 million in Series A funding from Espirito Santo Ventures, a unit of Portugal's Banco Espirito Santo. PRESS RELEASE SAFTPAY
Maranon Capital has made several new hires: Rich Jander as a principal, Michael Fineman, Rommel Garcia and Ashish Shah as associates and Angelica Mariscal as a marketing associate. PRESS RELEASE Maranon Capital today announced that Rich Jander has joined the firm as a Principal. In addition, Michael Fineman, Rommel Garcia and Ashish Shah have joined […]
Woodbridge Group Inc., a middle-market M&A advisory, has opened its first West Coast office. It will be based near Sacramento, and will be managed by Ney Grant. PRESS RELEASE Woodbridge Group, Inc., an innovative middle market mergers and acquisitions firm, is pleased to announce the opening of its West Coast, California-based office. Located in the […]
Five Star Painting, a Springville, Utah-based provider of call-center support for residential and commercial painting franchisees, has raised $300,000 from InnoVentures Capital Partners. PRESS RELEASE InnoVentures Capital Partners today announced a $300,000 investment in franchisor Five Star Painting. Five Star provides residential and commercial painting franchisees with 24/7 call center support, reliable and easy-to-use estimating […]
(Reuters) – Hedge-fund pioneer Paul Tudor Jones and veteran stock picker James Pallotta are splitting after a 15-year old partnership, in a move that could affect their $18 billion fund empire, according to media reports on Thursday. The reports, citing an Aug 6 letter sent by Tudor Investment Corp to investors, said Pallotta will form […]
(Reuters) – Harvard University's endowment fund has made a gain of 7 percent to 9 percent for the fiscal year ended June, boosted by investments in commodities, Treasuries and some strong hedge-fund performers, the Wall Street Journal said on Thursday, citing people familiar with the returns. The returns were below the endowment's average annual return […]