Software company Kyriba, based in San Diego, California, has raised $10.6 million in funding. The round was led by Iris Capital, a pan-European late stage investor, with return investor BRED Banque Populaire. The money will be used to accelerate the growth of the company, according to Kyriba.
3 min read · 07 October 2010
Conforce International, the Canadian shipping container and highway trailer business, has closed an initial round of equity financing worth $2 million, coming in the form of a private placement between Conforce and venture capital firm Invar Building Corporation. Conforce will use the funds to begin developing its EKO-FLOR product, a specially-designed floor system for the transportation industry. The investment was priced in late July at $0.15 per share.
3 min read · 07 October 2010
IS Pharma plc has raised 3.6 million pounds ($5.7 million) through the issuing of 4,613,160 new ordinary shares at 77 pence per placing share with Abingworth LLP, which has offices in London, California and Boston. Abingworth, which has funds under management of over $1.25 billion, is both a venture investor and an investor in publicly listed companies. The price paid for IS Pharma represents a 9 percent premium on the closing price – 70.5 pence – on October 5, 2010.
3 min read · 07 October 2010
Syncapse Corp. closed a $2 million financing round. The Toronto, Canada-based social-media technology concern received the funds from the Business Development Bank of Canada. Syncapse plans to use the capital for its technology products for global marketers.
3 min read · 07 October 2010
Ongo Inc. received a total of $12 million from three newspaper publishers. Gannett Co. Inc., The New York Times Co. and The Washington Post Co. participated in this initial financing round for the Cupertino, Calif.-based company that plans to launch a service for reading and sharing news and information. Ongo plans to launch the service before the end of 2010.
2 min read · 07 October 2010
Laureate Pharma Inc. obtained $20 million via debt and equity financing. The Princeton, N.J.-based contract development and manufacturing organization plans to invest the funds, over the next three years, to add scientific services it offers and to expand its cGMp production capacity. Laureate Pharma is backed by San Francisco, Calif.-based Saints Capital LLC.
3 min read · 07 October 2010
Symetis SA, a Swiss company that develops transcatheter aortic valve implantation systems, has raised CHF 25 million ($25.8 million). Endeavour Vision and NBGI Ventures co-led the financing round. Truffle Capital, Novartis Venture Fund, Wellington Partners, Vinci Capital - Renaissance PME, Banexi Ventures and BiomedInvest were returning investors.
4 min read · 07 October 2010
Medical technologies company IDEV Technologies has completed a $46 million Series D round of financing. New investors were Piper Jaffray & Co.'s Merchant Banking Fund and what the company described as “a leading strategic global healthcare company” were the two new investors, while return investors included PTV Sciences, Bay City Capital, RiverVest Venture Partners and Heron Capital.
3 min read · 07 October 2010
6 min read · 06 October 2010
TabbedOut secured $2.05 million in a Series A round. The capital came from New Enterprise Associates Inc. TabbedOut is an Austin, Texas-based company that offers a way to pay bars or restaurants with a smartphone. TabbedOut said it is live at more than 90 restaurants and bars in 28 cities.
3 min read · 06 October 2010
