3-V Biosciences Inc., a Menlo Park, Calif.-based developer of antiviral drugs to fight influenza virus, respiratory syncitial virus and rhinovirus, has raised $7.61 million in Series A funding, according to a regulatory filing. Backers include Kleiner Perkins Caufield & Byers, The Column Group and Wilson Sonsini.
WASHINGTON (AP) – SLM Corp., the student lender commonly known as Sallie Mae, on Tuesday said Thomas J. Fitzpatrick, vice chairman and chief executive, is resigning to pursue other interests and being replaced by the company's chief financial officer. Over the next few weeks, Fitzpatrick, 58, will serve the company in an advisory role to […]
QuatRx Pharmaceuticals Co., an Ann Arbor, Mich.-based drug company focused on endocrine, metabolic and cardiovascular disorders, has raised $44 million in Series E funding. The capital will be used to complete ongoing Phase 3 and Phase 2 clinical studies of QuatRx's two endocrine programs, and Phase 1 clinical studies with its lipid-lowering compound. Venrock led […]
MuleSource, a San Francisco
Intechra Holding Corp., a Carrolton, Texas-based IT asset disposition company, has raised $30 million in fourth-round funding. Participants include Richland Ventures, Oxford Bioscience Partners, First Avenue Partners, Chrysalis Ventures, Sewanee Partners and SJF Ventures. www.intechra.com
LS Power has closed its second energy-focused private equity fund with $3.085 billion in capital commitments. Credit Suisse served as placement agent. The New York-based firm's debut fund had closed on $1.2 billion in 2005. www.lspower.com
Hertz Global Holdings Inc. (NYSE: HTZ) said that three shareholders plan to sell 45 million shares in a secondary public offering. The sellers are The Carlyle Group, Clayton, Dubilier & Rice and Merrill Lynch
Saylent Technologies Inc., a Franklin, Mass.
SunLink Corp., a Larkspur, Calif.-based provider of solar mounting systems for the commercial market, has raised an undisclosed amount of Series B funding led by Clean Pacific Ventures. www.sunlinkcorp.com
SANTA CLARA, Calif. (AP) – STMicroelectronics NV and Intel Corp. said Tuesday they will create a new independent semiconductor company which will supply flash memory devices for cell phones, MP3 players, digital cameras, computers and other high-tech equipment. The Swiss and American chipmaking giants said the new company will be comprised of assets which generated […]