PneumRx Inc., a medical device company focused on treatments for lung disease, has raised $33 million in Series C venture funding. European firms Forbion Capital Partners and Endeavour Vision co-led the round, which included investments from Adams Street Partners, Telegraph Hill Partners, Alta Partners, Spray Venture Partners, Silicon Valley Bank and Leader Ventures. PneumRx is based in Mountain View, Calif.
4 min read · 04 January 2011
New York-based online targeting company has raised $10 million in Series B financing. Intel Capital led the round, which included participation from existing shareholders Advanced Technology Ventures, Blue Chip Venture Company and Hudson Venture Partners. The new financing will go to help expand its digital marketing technology.
3 min read · 03 January 2011
Ciris Energy, which is developing technology to biochemically convert coal to methane, has inked a second round of venture financing led by new investor Khosla Ventures. Existing shareholders Braemar Energy Ventures, Rho Ventures, and GE Energy Financial Services, also participated in the funding. The amount of the round was not released.
2 min read · 03 January 2011
Vaccine developer Genocea Biosciences Inc. has raised $35 million in a second round of financing. New investors Johnson & Johnson Development Corporation, Skyline Ventures and MP Healthcare Venture Management contributed to the Series B round. Existing shareholders Polaris Venture Partners, Lux Capital Management, SR One, Cycad Group, Auriga Partners and Morningside Ventures also participated. The financing will help support clinical development of the company’s therapeutic vaccine for herpes simplex virus type 2 infections. Genocea is based in Cambridge, Mass.
3 min read · 03 January 2011
Cloud automation software company Skytap has raised $10 million in Series C financing. Boston-based OpenView Venture Partners led the round, which included participation from existing investors Ignition Partners, Madrona Venture Group and Washington Research Foundation. Seattle-based Skytap will use the new financing to bolster sales and marketing of its software platform. OpenView’s Scot Maxwell will join the company’s board as a result of the financing.
4 min read · 03 January 2011
Online advertising start-up AdKeeper has raised $35 million in a second round of funding led by Oak Investment Partners. Existing shareholders including DCM, True Ventures, Spark Capital and First Round Capital also participated. Individual stakes were not disclosed, but the company said that DCM substantially increased its ownership in AdKeeper. Fred Harman, managing partner of Oak Investment Partners, will join AdKeeper's board. AdKeeper is based in New York. Oak Investment Partners has offices in Westport, Conn.; Minneapolis; and Palo Alto, Calif.
3 min read · 03 January 2011
2 min read · 29 December 2010
Austin-based ActaCell, which is backed by venture capital firms including DFJ Mercury and Applied Ventures, has sealed up to $3 million in funding from the U.S. Department of Commerce’s National Institute of Standards and Technology. The company said that the new funding, distributed over a three-year period, will help it increase production of its nanocomposite alloy anode materials for lithium-ion batteries.
3 min read · 29 December 2010
1 min read · 29 December 2010
3VR Security, a provider of video search technology, said it has raised $17 million in a new financing round led by Menlo Ventures. Existing shareholders Kleiner Perkins Caufield & Byers and DAG Ventures participated in the round, as did new investor Focus Ventures. Individual stakes in 3VR were not released, though the company said the round involved a “significant increase in valuation.” San Francisco-based 3VR raised a $12 million Series D round in 2009.
3 min read · 27 December 2010
