3 min read · 07 June 2011
San Diego-based Assay Depot has closed on $1.7 million to expand its cloud-based pharmaceutical research platform. The company did not disclose the names of investors or terms of the round.
2 min read · 07 June 2011
Newark, Calif.-based Kaiam Corp. has sealed $5 million in Series B funding. TriplePoint Capital led the round, with participation from existing investor U.S. Venture Partners. The company, which develops high performance photonic integrated circuits, will use the money to expand its infrastructure.
2 min read · 07 June 2011
FRX Polymers Inc. has closed on $15.7 million in Series B financing from investors including SAM Private Equity, Israel Cleantech Ventures, Capricorn Venture Partners and North Sky Capital. Zurich-based SAM Private Equity led the round, which will be used to help fund the company’s first commercial scale production facility. Based in Chelmsford, Mass., FRX makes flame retardant polymers.
5 min read · 07 June 2011
San Jose, Calif.-based Cavendish Kinetics has sealed $10 million in fresh capital, and added Qualcomm Inc. to its list of investors. Tallwood Venture Capital, Wellington Partners Venture Capital and other, unnamed investors joined Qualcomm in the latest round for the fables semiconductor company. The new money will help with production of its RF Tuning products, the company said Tuesday.
3 min read · 07 June 2011
Silver Tail Systems Inc., which develops predictive analytics for detection and prevention of online fraud and abuse, has closed a Series B round with roughly $20 million. Andreessen Horowitz led the round, with participation from Leapfrog Ventures, Seraph Group, and StartUp Capital Ventures. Scott Weiss, general partner at Andreessen Horowitz, has joined Silver Tail System’s board as a result of the round.
3 min read · 07 June 2011
eWise, a global payment and online financial management company, has raised $14 million from Wellington Partners, Balderton Capital, TTV Capital and Patagorang. The new funds will help eWise expand its technology and its sales, the company said Tuesday.
4 min read · 07 June 2011
Mountain View, Calif.-based Violin Memory Inc. has raised $40 million in Series C financing for its scalable memory arrays. The latest infusion comes just months after a $35 million Series B round, announced in February. Violin Memory is backed by Toshiba America Electronic Components Inc., a subsidiary of Toshiba Corporation, Juniper Networks and other undisclosed investors. The newest infusion will help the company bolster product development and global expansion.
3 min read · 07 June 2011
Delphi Ventures led a $20 million Series C round for PolyRemedy, a maker of personalized wound care systems. The round included all previous investors: Advanced Technology Ventures, Flybridge Capital Partners, and MedVenture Associates. In addition to the new funding, PolyRemedy also announced that it had added Cameron McKennitt as chief commercial officer. The money will help Boston and Mountain View, Calif.-based PolyRemedy commercialize its wound care system, designed to help people manage chronic wounds in home health care and other settings.
2 min read · 07 June 2011
VantagePoint Capital Partners and oilfield services firm Schlumberger have poured $22 million into Liquid Robotics, a Sunnyvale, Calif.-based company developing technology to measure ocean data, Reuters reported. The money is Liquid Robotics’ first venture round, and will help it deploy its unmanned devices to remote parts of the ocean, Reuters wrote.
3 min read · 07 June 2011
