San Francisco software company Solinea said Wednesday that it has appointed Ameet Patel to its board of directors. Most recently, he served as a EIR/venture partner at Meritech Capital Partners.
3 min read · 04 December 2013
Zafgen said Wednesday that it has closed $45 million in Series E financing. Investors include RA Capital Management, Brookside Capital, Venrock and Alta Partners. Based in Cambridge, Mass., Zafgen is a biopharmaceutical company focused on treating severely obese patients.
2 min read · 04 December 2013
San Francisco-based internet media platform Blinkx has inked an agreement to acquire Rhythm NewMedia for $65 million. Headquartered in Mountain View, Calif., Rhythm is a mobile video advertising technology company, focused exclusively on smartphones and tablets. Its backers include QuestMark Partners, Lightspeed Venture Partners, Morgenthaler Ventures and Rembrandt Venture Partners.
7 min read · 04 December 2013
Square 1 Bank has provided a $4.5 million credit facility to Sittercity. The loan will be used for working capital and growth. Based in Chicago, Sittercity is an online provider for in-home care. It is backed by Point Judith Capital, Apex Venture Partners, Baird Venture Partners, New World Ventures and Bright Horizons Family Solutions.
3 min read · 03 December 2013
DataSift said Tuesday that it has received $42 million in Series C financing. Insight Venture Partners led the round with participation from existing investors Scale Venture Partners, Upfront Ventures, IA Ventures, Northgate Capital, Daher Capital and Cendana Capital. DataSift is a social data platform.
3 min read · 03 December 2013
According to AllThingsD, Grokker has raised $5.5 million in Series A funding. The site reported that the investors were Khosla Ventures, First Round Capital's Josh Koppelman and angel investor Ron Conway. Grokker is a network of online videos from "experts" that target consumers.
1 min read · 03 December 2013
Blaze Bioscience said Tuesday that it has closed $9 million in Series B financing. According to the company, the funding was provided by the firm's Series A backers and individual investors. No investors have been named. Based in Seattle, Blaze Bioscience is a biotechnology company that develops products that help improve the lives of cancer patients.
3 min read · 03 December 2013
Precision Health Media has hired Peter Fontana as a vice president of advertising sales and Richard O’Connor as its first chief financial officer. Also, the company has named Andy Chapman to its board of advisors. Previously, Fontanta worked at AMC Networks where he served as director of digital ad sales while O'Connor was co-founder and CFO of Prime Visibility Media Group. And most recently, Chapman served as a managing director at WPP’s media agency Mindshare NY. Based in New York, Precision Health Media is a provider of contextual advertising technology. Its backers include Metamorphic Ventures and Cava Capital.
3 min read · 03 December 2013
Devicescape said Tuesday that it has named Cedar Milazzo as vice president of engineering. Prior to joining Devicescape, Milazzo worked at NETGEAR, where he served as vice president of engineering of software. Also, as a result of this appointment, Simon Wynn now assumes the reins of Devicescape's CTO of products. Based in San Bruno, Calif., Devicescape is a provider of Wi-Fi software solutions. Its backers include Kleiner Perkins Caufield & Byers, August Capital, Enterprise Partners and JAFCO.
3 min read · 03 December 2013
Navabi has raised 10 million euros in funding from Index Ventures and previous investors. According to the company, the capital will be used for international growth. Headquartered in Germany, Navabi is an online retailing startup. It is also backed by Dumont Venture and Seventure Partners.
2 min read · 03 December 2013
