Anacor Pharmaceuticals Inc. filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common shares. The number of shares to be offered and the price range for the offering have not yet been determined. Prior to the IPO, Rho Ventures holds a 25.5 percent stake, Venrock Associates 16.1 percent, Care Capital LLC 12.4 percent and Aberdare Ventures 11.5 percent.
2 min read · 14 September 2010
Tryton Medical Inc., a Durham, N.C.-based developer of stents designed to treat bifurcation lesions, closed a $20 million Series D round of financing. Current investors PTV Sciences, RiverVest Venture Partners and Spray Venture Partners participated in the round. The financing was lead by Arnerich Massena. Arnerich Massena’s Russell J. Rottiers joined Tryton as a director.
3 min read · 14 September 2010
StorSimple named Ian Howells as chief marketing officer. Howells will be responsible for the developer of application-optimized hybrid storage solution’s marketing strategy and operational activities worldwide. He previously worked for Alfresco, where he was core part of the team that built it from a startup. StorSimple isfunded by Ignition Partners, Index Ventures, Mayfield Fund and Redpoint Ventures.
2 min read · 14 September 2010
Ciranova Inc., a Santa Clara, Calif.-based electronic design automation company, received an investment from Intel Capital. Financial terms were not disclosed. Ciranova plans to use the funds to expand its sales and customer support operations and for specific extensions to its technology.
3 min read · 14 September 2010
SandForce Inc. closed $25 million in Series D funding. The round was led by Canaan Partners. Existing investors DCM, Storm Ventures, Translink Capital, LSI Corporation & UMC Capital participated in the round. SandForce is a Santa Clara, Calif.-based developer of flash solid-state drive processors.
3 min read · 14 September 2010
Bothell, Wash.-based Winshuttle secured $12 million in growth equity financing from Summit Partners. Winshuttle plans to use the capital to accelerate its global expansion. The company provides software that allow users to work with SAP from Excel and Web forms without any programming.
3 min read · 14 September 2010
Get Satisfaction raised $6 million in Series A funding. The San Francisco-based community-building platform said the round was led by Azure Capital Partners with O'Reilly AlphaTech Ventures and First Round Capital participating. Azure's founding General Partner, Cameron Lester, will be joining the Get Satisfaction board.
3 min read · 14 September 2010
StorSimple raised $13 million through a Series B funding. The round was led by Mayfield Fund, and brings the developer of an application-optimized hybrid storage solution’s total funding to $21 million. Ignition Partners is a new investor in StorSimple. Commitments also came from existing investors: Index Ventures and Redpoint Ventures.
3 min read · 14 September 2010
Adaptive Computing closed Series A round of financing. It secured $14 million from Intel Capital (the lead investor), EPIC Ventures and Tudor Ventures. Adaptive Computing, which is behind the Moab® unified automation intelligence technology, plans to use the capital to its ability to meet the customer demand for cloud automation intelligence.
4 min read · 14 September 2010
4 min read · 14 September 2010
