TargetRx Inc., a Horsham, Penn.-based provider of sales and marketing analytics for pharma companies, has raised $9.6 million in new VC funding. Return backers include Quaker BioVentures, New Enterprise Associates and Domain Associates. PRESS RELEASE TargetRx Inc. today announced that the company has received $9.6M of venture funding led by existing investors Quaker BioVentures, […]
Quark Pharmaceuticals Inc., a Fremont, Calif.-based developer of RNA interference-based therapeutics, has raised $27 million in new VC funding led by affiliates of SBI Holding Inc. The company last year withdrew registration for an $80 million IPO, citing unfavorable market conditions. PRESS RELEASE Quark Pharmaceuticals, Inc., a development-stage pharmaceutical company focused on discovering […]
SJ Berwin has held informal merger discussions with Goodwin Procter, according to Financial News Online. SJ Berwin has 132 private equity-focused attorneys in the UK, while Goodwin has one of the largest U.S. practices.
Roger Ferguson has been named president and CEO of TIAA-CREF. He succeeds the retiring Herbert Allison, who will become chairman of the TIAA-CREF board. Ferguson previously was head of financial services for Swiss Re. www.tiaa-cref.org
Fidelis Security Systems, a Bethesda, Md.-based provider of enterprise network security, announced that it has raised $22 million in Series B funding. peHUB first reported on the round last month. Tudor Ventures led the round, and was joined by Point Judith Capital and return backers like Ascent Venture Partners, Inflection Point Ventures and the Maryland Department […]
InterWest Partners has named three new members to its advisory committee: Caltech president Jean-Lou Chameau; serial biotech entrepreneur Leroy Hood and former FDA commissioner Mark McClellan. Read more
Morph Labs, a Cebu City, Philippine-based SaaS enabler, has registered for an P500 million (US$12.06 million) IPO on the Philippine Stock Exchange. It recently raised $1.5 million from CSK Venture Capital Co. (Japan) and AO Capital Partners (Philippines). PRESS RELEASE Morph Labs, Inc., which provides Software-as-a-Service (SaaS) infrastructure and related services to its global clients, […]
Avanir Pharmaceuticals (Nasdaq: AVNR) has completed its previously-announced $40 million sale of common stock and warrants. ProQuest Investments led the PIPE, and was joined by Clarus Ventures, Vivo Ventures and OrbiMed Advisors. PRESS RELEASE AVANIR Pharmaceuticals (NASDAQ:AVNR) today announced that it has closed the previously reported sale of $40 million of common stock and […]
SiBeam Inc., a Sunnyvale, Calif.-based developer of semiconductor systems solutions for wireless communications platforms, has raised $40 million in Series C funding. New Enterprise Associates led the round, and was joined by return backers Foundation Capital and U.S. Venture Partners. The company had previously raised around $31 million. PRESS RELEASE SiBEAM, Inc., the leading […]
Imperva Inc., a Foster City, Calif.-based provider of application data security solutions, has raised $20 million in Series D funding. Meritech Capital Partners led the round, and was joined by return backers Accel Partners, Greylock Partners, U.S. Venture Partners and Venrock Associates. The company had previously raised $34 million. PRESS RELEASE Imperva