Labrys Biologics, a company developing treatments for chronic migraines, has raised a $31 million Series A financing. VenBio, Canaan Partners, InterWest Partners, and Sofinnova Ventures all participated in the round. The money helps Labrys acquire the worldwide rights to the RN-307 antibody from Pfizer Inc.
3 min read · 03 January 2013
Square 1 Bank has provided $5 million in debt financing to San Jose-based Kovio Inc. Kovio, a maker of printed silicon products for “Near Field Communication” and “Electronic Article Surveillance,” is backed by investors including Kleiner Perkins Caufield & Byers, DAG Ventures, and Tyco. The money will be used for growth.
3 min read · 02 January 2013
Troika Venture Capital has put an undisclosed amount into privately held StemPar Sciences Inc., a developer of cancer treatments. Troika Venture Capital is based in in Moscow. StemPar is based in San Francisco.
4 min read · 02 January 2013
Independa raised $5 million in Series A financing from investors including City Hill Ventures and LG Electronics USA. The company develops technology-enabled “independent living solutions” for the elderly. The round also included the conversion of the company's convertible note totaling $2.35 million, announced last April, Independa said in a press release.
3 min read · 02 January 2013
Kyruus, a “big data” healthcare company, has added $11 million in Series B financing. Lux Capital led the deal, which included participation from Fidelity Biosciences as well as existing investors Venrock and Highland Capital Partners. Kyruus has raised a total of $19.6 million to date.
3 min read · 02 January 2013
5 min read · 01 January 2013
2 min read · 01 January 2013
First Round, Onset and SRS … which was your favorite?
4 min read · 01 January 2013
CrowdOptic, a maker of crowd-driven mobile applications, has sealed an undisclosed amount of debt financing from Silicon Valley Bank. The money will be used for product and market expansion.
3 min read · 31 December 2012
Boulder, Colo.-based startup VictorOps has launched with $1.58 million in seed financing led by Foundry Group. Tango and the company’s co-founders also participated in the round, which will help VictorOps build a “vertical collaboration platform.” Jim Lejeal, CFO at Rally Software, will join the VictorOps board as an Independent Director.
3 min read · 31 December 2012