FilterBoxx Water & Environmental Corp. has raised $9 million from XPV Capital and EnerTech Capital. The money will be used to expand into emerging areas, including tailings pond treatment and offshore oil and gas water treatment. Formed in 2001, FilterBoxx is a provider of packaged potable water and wastewater treatment systems to drilling, mining and pipeline camps, small municipalities, resorts and aboriginal communities.
2 min read · 12 September 2011
Paris-based Ezakus Labs has raised $3 million in new funding from Idinvest Partners. The year-old company develops audience-targeting software to allow publishers and advertisers to easily set up social profiling offers. The company announced the funding Thursday on its blog.
2 min read · 12 September 2011
3 min read · 09 September 2011
UK-based biotech company PolyTherics Limited has raised $3.5 million in financing from Beringea, Imperial Innovation and The Capital Fund. The money will help the company to develop new applications for its polymer-protein conjugation technologies.
2 min read · 09 September 2011
Theraclone Sciences Inc. has added $10.6 million to its Series B round, closing the financing with a total of $41 million. ARCH Venture Partners, Canaan Partners, MPM Capital, Healthcare Ventures, Alexandria Real Estate Equities, Amgen Ventures and Zenyaku Kogyo participated in the financing. The money will be used to continue clinical and discovery programs.
3 min read · 09 September 2011
IP Commerce has raised $20.7 million in growth capital from Intel Capital, Meritage Funds, Venrock, TTV Capital, Fifth Third Processing Solutions and Iron Gate Capital. Intel was the lead investor in the round, which will be used to drive application developer adoption. IP Commerce is based in Denver.
3 min read · 09 September 2011
Crescendo Bioscience, a molecular diagnostics company developing quantitative biomarker tests for rheumatoid arthritis and other diseases, has raised a total of $56 million in fresh capital. The company inked $31 million in Series C financing, and sealed a strategic investment agreement with Myriad Genetics for $25 million. Venture investors include Aeris Capital, Mohr Davidow Ventures and Kleiner Perkins Caufield & Byers. The $25 million investment by Myriad Genetics is structured as long-term debt with a three-year option to acquire Crescendo Bioscience.
3 min read · 09 September 2011
RingCentral, a maker of a cloud business phone systems platform and related services, has added $10 million in Series D financing, bringing it’s total raised to more than $55 million. Scale Venture Partners led the latest infusion, and was joined by Sequoia Capital, Khosla Ventures, Cisco, DAG Ventures, and Silicon Valley Bank. The money will be used for expansion efforts.
2 min read · 09 September 2011
MTPV, a maker of clean energy semiconductors, raised $6.5 million in an initial closing of its Series B round. Investors include Boston-based Spinnaker Capital; Applied Ventures, the arm of Applied Materials; Massachusetts Clean Energy Center and Austin-based Ensys Capital.
3 min read · 08 September 2011
Cambridge, Mass.-based Backupify has closed on $5 million in a Series B round led by Avalon Ventures. The company provides data protection and management services for cloud-based applications. General Catalyst and Lowercase Capital also contributed to the round, bringing the company’s total financing to date to $10.4 million.
3 min read · 08 September 2011
