Aquantia Corp., a Milpitas, Calif.-based developer of physical-layer transceiver ICs, has secured $19.17 million of a $25 million Series B round. Pinnacle Ventures was joined by return backers Lightspeed Venture Partners and Greylock Partners. The company closed its first round in 2005 with over $12 million. www.aquantia.com
Innovectra Corp., a Vienna, Va.-based developer of an online yellow-and-white pages directory platform, has secured around $1.79 million of a $2.3 million Series C round. Return backers include Longworth Venture Partners and Edison Venture Fund. www.innovectra.com
Mogad Inc., a San Francisco-based Web 2.0 startup, has raised $500,000 in Series A funding led by Felicis Ventures. The company allows online users share information on what is consuming their attention. www.mogad.com www.felicisvc.com
RoundTable Healthcare Partners has agreed to sell MedAssist Holding Inc. to an affiliate of Firstsource Solutions Ltd., a listed business process outsourcing company based in Mumbai, India. The deal is valued at $330 million in cash. MedAssist is a Louisville, Ky.based provider of outsourced revenue cycle management services to the healthcare industry, including eligibility services, […]
Presidio Pharmaceuticals Inc., a San Francisco-based drug company focused on small-molecule compounds to treat HIV-1, HCV and other chronic viral infections, has raised $26 million in Series B funding. Panorama Capital led the deal, and was joined by Baker Brothers Investments, Bay City Capital, Ventures West Capital and Nexus Medical Partners. Returning Series A backers […]
Helixis Inc., a Carlsbad, Calif.-based developer of molecular diagnostics products, has raised $10 million in Series A funding co-led by Domain Associates and Okapi Venture Capital. Jim Blair or Domain and Sharon Stevenson of Okapi will take Helixis board seats. Helixis is led by Alex Dickinson, co-founder and former CEO of Luxtera Inc. www.helixis.com
BridgeCo Inc., a Los Angeles
Silver Lake Partners has secured over $726 million for its debut middle-market fund, according to a regulatory filing. The fund is named Silver Lake Sumeru, and is being marketed with a $750 million target and $1 billion cap. www.silverlake.com
Agendia BV, a Dutch developer of molecular diagnostic services for oncology research, has raised EUR 25 million ($34m) in fourth-round funding. ING was joined by return backers Van Herk Biotech, Gilde Healthcare Partners and Global Life Science Ventures. The company has not disclosed financial information for its prior funding rounds. www.agendia.com
Propel Biofuels Inc., a Seattle-based developer of biodiesel pumps for existing service stations, has raised $4.75 million in its first institutional funding round, according to VentureWire. Backers include @Ventures and Nth Power. www.propelbiofuels.com