Prime Ventures and Private Plus Fund have backed London-based Service2Media with $10 million in fresh capital. Service2Media develops applications for media, finance and utility industries, and has customers including Al Jazeera and CNN. The cash infusion will be used, in part, to help Service2Media build its partner network.
3 min read · 06 June 2011
XtremeIO, an Israeli developer of solid-state drive data storage systems, has closed on a $14 million venture round led by Battery Ventures. Shareholders Giza Venture Capital and Jerusalem Venture Partners also participated in the round, which is aimed at boosting product engineering efforts. XtremeIO closed an undisclosed amount of Series A financing in 2009.
4 min read · 06 June 2011
Milipitas, Calif.-based Aquantia, which develops 10-Gigabit Ethernet connectivity products for cloud computing and large-scale data center deployments, said that it has raised $21 million in Series E financing. Existing shareholders New Enterprise Associates, Lightspeed Venture Partners, Greylock Partners, Pinnacle Ventures and Venture Tech Alliance all contributed to the round. New strategic investor LSI Corporation also contributed, the company said.
3 min read · 06 June 2011
Constellation Pharmaceuticals has raised $15 million in an extension to its Series B round, the company announced Monday. Third Rock Ventures, The Column Group, Venrock Associates, SR One and Altitude Life Science Ventures – all existing shareholders – participated in the round. The latest infusion will help Constellation move its products toward clinical development. The company develops small molecule therapeutics for the treatment of cancer, inflammatory and immunologic disorders and other diseases.
2 min read · 06 June 2011
3 min read · 03 June 2011
3 min read · 02 June 2011
2 min read · 02 June 2011
2 min read · 02 June 2011
3 min read · 02 June 2011
Nimbic, a Mountain View, Calif.-based start-up developing cloud-computing electronic design automation software, has closed on $6.9 million in new capital from Austral Capital, Madrona Venture Group and WRF Capital. The company said that the infusion would go towards product development of its 3D electromagnetic signal integrity, power integrity and EMI analysis field technology.
2 min read · 02 June 2011
