Tumblr Inc., a New York-based Web 2.0 startup, has raised $750,000 in Series A funding from Spark Capital and Union Square Ventures, according to a regulatory filing. Bijan Sabet of Spark has joined the company's board of directors. Tumblr describes its technology as enabling online scrapbooks, as opposed to online journals (i.e., blogs). It says: […]
Schooner Information Technology Inc. has secured $3.33 million of a $15 million Series A round led by CMEA Ventures, according to a regulatory filing. The Oakland-based company is in stealth mode, but says that its goal is to help financial sector and Internet consumer-facing companies achieve high performance and scalability at a fraction of their current […]
GameLayers Inc., a San Francisco-based gaming startup focused on passively-multiplayer online games, has raised $500,000 in preferred stock funding led by O'Reilly AlphaTech Ventures, according to a regulatory filing. Other shareholders include Joi Ito and Richard Wolpert. www.gamelayers.com
Genomas Inc., a Hartford, Conn.-based biomedical company focused on DNA-guided medicine and personalized health, has raised $2.5 million in Series C funding, according to a regulatory filing. Shareholders include Hartford Hospital, LES Investments and the Puerto Rican Entrepreneurs Fund. www.genomas.net
VisEn Medical Inc., a Woburn, Mass.-based developer of fluorescence molecular imaging technology platforms, has raised around $7.5 million in Series B funding, according to a regulatory filing. Merck Capital Ventures was joined by return backers Flagship Ventures, Siemens AG Medical Solutions and Spinnaker Capital. www.visenmedical.com
BioFuelBox Inc., a Hollister, Calif.-based biofuel refining startup, has raised $9.46 million in Series A funding, according to a regulatory filing. Backers include Draper Fisher Jurvetson and DFJ Element. The company’s website says that its solution is a “bio-refinery in a box — a modular, containerized innovation that produces biofuel cost-effectively and easily.” www.biofuelbox.com
Francisco Rey has joined The Blackstone Group as a senior managing director in the firm's corporate advisory group. Rey will be based in London, and previously spent 15 years with Merrill Lynch. PRESS RELEASE The Blackstone Group today announced that Francisco Rey has joined the firm's corporate advisory group as a Senior Managing Director. […]
Ekinops, a French provider of optical transport and DWDM solutions, has raised $20 million in second-round funding. Odyssee Venture led the deal, and was joined by return backers Auriga Partners, Equitis, Siparex, Societe G
Pellet-Art, a Poland-based wood pellet producer, has raised $9.5 million from Penton Partners. www.pettet-art.com PRESS RELEASE Penton Partners invested 25 million PLN (9.5 million USD) in Pellet-Art. Sp. z o.o. — one of the largest pellet producers in Poland. Pellet-Art Sp. z o.o. was established in April 2004. Production started in August 2005 and […]
Direct Flow Medical Inc., a Santa Rosa, Calif.�based developer of a minimally-invasive implant to treat heart valve disease, has raised $27 million in Series B funding. Johnson & Johnson Development Corp. and Foundation Medical Partners co-led the round, and were joined by fellow new backers VantagePoint Venture Partners and ePlanet. Returning shareholders included EDF Ventures, […]