Tryton Medical Inc., a developer of stents designed to treat bifurcation lesions, has raised $24 million from investors including PTV Sciences, RiverVest Venture Partners, Spray Venture Partners, and the 3x5 Special Opportunity Fund. The financing round was led by PTV Sciences. Tryton Medical is based in Durham, N.C.
4 min read · 07 January 2013
The Founders Fund partner focuses his time on improving his health and reducing his emails while also looking for new health care innovations
6 min read · 07 January 2013
Unitus Seed Fund has raised $8 million in commitments for its seed-stage venture fund focused on startups serving low-income consumers in India. Founding investors include Mike Murray, co-founder Unitus Labs; Vinod Khosla; 500 Startups, and Bob Gay.
3 min read · 04 January 2013
Solstice Biologics, a biotech startup focused on the problem of targeting and delivering nucleic acid therapeutics, has raised $18 million in Series A financing led by venBio and joined by Aeris Capital AG. The company also announced that it has acquired an exclusive license to certain University of California, San Diego intellectual property.
3 min read · 04 January 2013
Mobile and social study platform company StudyBlue has raised $9 million in Series A-1 funding. Great Oaks Venture Capital led the round, with participation from the Wisconsin Alumni Research Foundation and other undisclosed investors.
3 min read · 04 January 2013
Gradalis has raised $24 million in Series B financing, designed to boost the company’s clinical testing and commercialization of its vaccine platform. Details of the financing were not released.
3 min read · 03 January 2013
Angioslide, an Israeli developer of "Embolic Capture Angioplasty" technology, has raised $6.3 million in financing led by new investor TriVentures. Return investors Viola Partners, Agate and XT Investments also participated. The Series C round will be used for U.S. expansion, among other growth efforts.
2 min read · 03 January 2013
Crescendo Bioscience, a molecular diagnostics company, has raised $28 Million in a Series D round led by Skyline Ventures and Safeguard Scientifics Inc. Existing investors Mohr Davidow Ventures, Kleiner Perkins Caufield & Byers, and aeris CAPITAL also participated. Crescendo Bioscience is focused on developing and commercializing quantitative blood tests for rheumatoid arthritis and other auto-immune diseases.
5 min read · 03 January 2013
MVM Life Science Partners led a $10 million round for eZono AG, a developer of portable tablet ultrasound systems. MVM partner Hugo Harrod will join eZono’s board. eZono AG was founded in July 2004 and is based in Germany.
2 min read · 03 January 2013
Pluralsight, a classroom-based training company for software developers, has raised $27.5 million from Insight Venture Partners. The money will be used for expansion.
3 min read · 03 January 2013