3 min read · 01 June 2011
3 min read · 01 June 2011
Firm’s new managing director was previously an individual investor in Zipcar and others
2 min read · 01 June 2011
Hires and other personnel changes at Greycroft, Lightbank and Chrysalis among other VC firms
3 min read · 01 June 2011
The idea for DCM’s $100 million Android-focused venture fund—dubbed the A-Fund—was hatched early this year, over dinner in Beijing.
3 min read · 01 June 2011
Woburn, Mass.-based Excelimmune has closed on $10.5 million in Series B financing. The company did not disclose the names of investors, but stated Tuesday that the financing came from a syndicate of individual investors. Excelimmune is a biopharmaceutical company specializing in the development of recombinant polyclonal antibodies.
3 min read · 31 May 2011
Blacksburg, Vir.-based Intrexon Corp. has closed a Series E preferred investment round of $100 million, bringing the company’s total capital raised to more than $259 million, the company announced Tuesday. New investors took the majority of the round while existing investors, including Chief Executive Randal Kirk, and Third Security LLC, took the remainder. The company did not disclose the names of all investors. Perella Weinberg Partners acted as Intrexon’s advisor and placement agent. The company’s backers include New River Management.
3 min read · 31 May 2011
Los Angeles-based OpenX Technologies Inc., a provider of digital advertising technology, has closed $20 million in Series D funding to bring its total raised to more than $50 million. SAP Ventures led the round with the participation of additional new investors AOL Ventures, Mitsui & Co. Global Investment and Presidio Ventures, the investment vehicle of Sumitomo Corp. Existing investors Accel Partners, Index Ventures and DAG Ventures also participated in the round. As a result of the round, a representative from SAP Ventures will take a seat on the company’s board of directors.
4 min read · 31 May 2011
Technology growth equity investor Kennet Partners has put 16 million euro ($23 million) into online advertising company Next Performance. The money will be used to continue the company’s European expansion. Michael Elias, Managing Director at Kennet, and Hillel Zidel, Director at Kennet, will join the board. Paris-based Kennet has roughly $600 million under management.
3 min read · 31 May 2011
The Business Development Bank of Canada has put $2.5 million into Nexterra Systems Corp., a biomass gasification company. In addition to a recent $15 million infusion from Tandem Expansion Fund and ARC Financial, Nexterra has secured a total of $17.5 million this year. Nexterra is based in Vancouver.
3 min read · 31 May 2011
