Irvine, Calif.-based ClariPhy Communications Inc., a developer of signal processors for optical networking, has sealed $14 million in new funding, led by by Nokia Siemens Networks. The new money will help ClariPhy expand deployment of its system-on-a-chip, the company said in a release. ClariPhy is backed by a stable of prominent venture investors including Norwest Venture Partners, Allegis Capital, ONSET Ventures and Pacific General Partners. The company previously raised at least $44 million.
4 min read · 20 June 2011
One-year-old start-up Ultragenyx Pharmaceutical Inc. has closed on a whopping $45 million Series A round co-led by TPG Biotech and Fidelity Biosciences. Other investors include HealthCap and Pappas Ventures. The money will help Novato, Calif.-based Ultragenyx continue development of its rare disease therapeutics. As a result of the round, Eran Nadav of TPG Biotech; Ben Auspitz of Fidelity Biosciences; and Mårten Steen of HealthCap will join the company’s board.
2 min read · 20 June 2011
Daily Deals for Moms, a Groupon-like social coupon site focused on parents, has raised an undisclosed amount of angel financing from investors including Victor Lazzaro Jr., a managing director at Denver-based Volante Capital. Daily Deals for Moms was formed in 2010, and is based in Denver. The company said while it will keep the financing round open to strategic investors, it aims to close the round in the coming weeks.
3 min read · 20 June 2011
Swedish start-up Actiwave AB has sealed $2.3 million in a round led by SEB Venture Capital. As part of the funding, SEB Venture Capital acquired all shares held by seed investor Innovationsbron, the company announced Friday. Formed in 2007, Actiwave has developed algorithms that significantly improve sound reproduction. The technology is aimed at loud speaker systems. With the new infusion of capital, the company aims to launch its own brand of speakers, as well as license it’s technology to other manufacturers.
3 min read · 17 June 2011
Vivecoach, maker of a corporate wellness challenge application, has closed on $1.5 million in new funding. Individual investors Konstantin Othmer and Bruce Leak led the round, with participation from Seraph Group, Aquinas Companies and TIBCO Software co-founder Jeff Risberg. The company, based in Menlo Park, Calif., will use the new cash to expand its marketing and sales efforts.
2 min read · 17 June 2011
Pulse, maker of a visual news reader for the iPad, iPhone and Android, has closed on $9 million in Series A financing from New Enterprise Associates, Greycroft Partners, and Lerer Ventures. The company, based in Palo Alto, Calif., will use the money to expand its engineering team and its development efforts. NEA’s Patrick Chung will join the company’s board. Greycroft’s Alan Patricof and Lerer Ventures’ Ken Lerer will serve as advisors.
4 min read · 17 June 2011
5 min read · 16 June 2011
3 min read · 16 June 2011
4 min read · 16 June 2011
PerformLine, a developer of technology for online compliance monitoring closed on an undisclosed amount of series A financing, led by WWC Capital. First Round Capital and individual investors Jerry Neumann, Stuart Larkins, David Willey and George Rich also participated in the round. As a result of the round, Jonathan Wallace from WWC Capital will join the company’s board. Formed in 2007, PerformLine is based in New York.
3 min read · 16 June 2011
