CardioKinetix racks up $50 mln

CardioKinetix, a Menlo Park, Calif.-based medical device firm, has received $50 million in funding. Edwards Lifesciences Corp. led the round with participation from return backers U.S. Venture Partners, Tekla Healthcare Investors, Tekla Life Sciences Investors, SV Life Sciences, Panorama Capital, New Leaf Venture Partners and Lexington Private Equity. CardioKinetix has also inked an agreement with Edwards Lifesciences Corp. that gives the latter company the option to acquire CardioKinetix “based on future regulatory milestones.”

Zoove Secures Series E Rogers Venture Partners, Panorama Capital

Zoove Corp, a provider of a unique mobile phone number for content has secured a $15 million from existing series D investors, Rogers Venture Partners and Panorama Capital. The company’s early stage investors, Worldview Technology Partners and Highland Capital also invested in the business.

Phizer Buys VC-Backed NextWave Pharmaceuticals

Phizer is snapping up NextWave Pharmaceuticals—a company backed by a laundry list of investors including Panorama Capital, Bay City Capital, Kearny Venture Partners, Aisling Capital, Fidelity Biosciences, Sofinnova Ventures and Vivo Ventures. Under the terms of the deal, Pfizer will pay $255 million to NextWave’s shareholders at closing. NextWave’s shareholders are eligible to receive up to $425 million in additional money, based on sales milestones. NextWave closed a $45 million round last January.

Validity Sensors Secures $20m Series E led by TeleSoft Partners

Validity Sensors, a Natural ID™ authentication business has secured approval for $20 million in Series E financing. The first closing of $10 million took place on October 4th, 2012 and was led by TeleSoft Partners, along with full participation from existing investors, including Crosslink Capital, Panorama Capital, Qualcomm Ventures and Venture Tech Associates.

CardioKinetix Appoints Veteran Medical Device Exec

Medical device company CardioKinetix has apointed Maria Sainz as president and chief executive officer. Recently Sainz served as general manager of Stryker Neurovascular, which acquired Concentric Medical in October 2011 under her leadership as president and CEO. CardioKinetix is backed by SV Life Sciences, New Leaf Venture Partners, U.S. Venture Partners, Panorama Capital, and H&Q […]

Ericsson Acquires BelAir Networks

Ericsson has acquired BelAir Networks, a North American carrier-grade Wi-Fi company. Investors in BelAir Networks include Export Development Canada, Wellington Financial, BDC Venture Capital, Comcast Interactive Capital, McLean Watson, MMV Financial, Panorama Capital, T-Mobile Venture Fund, Trilogy Equity Partners, VenGrowth Capital Partners and Ventures West Management. PRESS RELEASE Ericsson (NASDAQ:ERIC) today announces the completion of […]

33Across Bulks Up with Tynt Purchase

Venture-backed behavioral advertising company 33Across Inc. announced this morning that it has acquired VC-backed Tynt Multimedia Inc. for an undisclosed amount. It isn’t clear if Tynt’s VCs made a profit on the sale. The company, which develops solutions to track user behavior on websites, has raised $8.3 million in venture capital since 2008, according to Thomson Reuters (publisher […]

Beyond the Rack Racks up $36M Equity Round

Canadian e-tailer Beyond the Rack reeled in $36 million in VC bucks from investors Panorama Capital, the California VC that read the round, and other investors Export Development Canada, Tandem Expansion Fund, Rho Canada, Inovia Capital, Highland Capital Partners and BDC Capital. Shahan Soghikian, a MD with Panorama Capital, will join Beyond the Rack’s board.

Zoove Gets its Funding

Panorama Capital led a $15 million round Series D financing along with Cardinal Venture Capital, Worldview Technology Partners and Highland Capital Partners. The company will use funds to accelerate operations. Zoove operates an exclusive network of mobile phone “StarStar” numbers.

Fixo Secures $6.5 Mln Investment Led by Panorama

Panorama Capital has led a $6.5 million Series B investment in Fixo, a Toronto provider of infrastructure management services for mobile devices. Existing investors Rho Ventures Canada, iNovia Capital, Extreme Venture Partners and management also participated in the round. Panorama, of Menlo Park, Calif, is a VC firm.

Fixmo Closes $6.5M Series B

Fixmo Inc., a provider of secure, end-to-end infrastructure management technology for mobile devices, has raised $6.5 million in Series B financing. Panorama Capital, a new investor in the company, led the round. Existing investors Rho Ventures Canada, iNovia Capital, Extreme Venture Partners also participated. Fixmo is based in Toronto.

JiWire Closes on $20M Series C

Location-based mobile media company JiWire has closed on $20 million in Series C financing. Palo Alto, Calif.-based Trident Capital led the round, which included participation from existing shareholders Comcast Interactive Capital, Draper Fisher Jurvetson, Norwest Venture Partners and Panorama Capital. The company has raised a total of $45 million to date. Trident Capital’s John Moragne will join the JiWire board as a result of the round. JiWire is based in San Francisco.

Validity Raises $12.6 Million

Validity Inc., a San Jose, Calif.-based provider of identity validation solutions, has raised $12.6 million in Series D funding. Panorama Capital led the round, and was joined by return backers TeleSoft Partners, Crosslink Capital, Qualcomm Ventures and VentureTech Alliance.

Calling All Canadian Entrepreneurs, C100 Wants to Help You

Anthony Lee and Chris Albinson are hoping that C100 does for Canadian tech entrepreneurs, execs and investors in Silicon Valley what TiE has done for entrepreneurs, executives and others with roots in the Indus region. Lee, general partner of Altos Ventures, and Albinson, managing director of Panorama Capital, launched C100 in the same week in […]

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