Private Equity
Taligen Therapeutics Inc., an Aurora, Colo.-based drug company focused on modulation and control of the compliment system, has called down a $10 million, milestne-based tranche of its Series B funding round. The company secured $65 million for the round in 2008, and so far has called down around $36 million. Backers include Alta Partners, Clarus Ventures, Sanderling Ventures, Tango and High Country Ventures.
2 min read · 23 August 2010
Total Beauty Media Inc., a digital beauty publisher, has acquired Limelife, a Menlo Park, Calif.-based developer of mobile games and lifestyle applications targeted at women. no financial terms were disclosed. Total Beauty is backed by U.S. Venture Partners, while LimeLife had raised over $33 million from USVP, Rustic Canyon, Monitor Ventures, i-Hatch Ventures and Core Capital Partners.
4 min read · 20 August 2010
Nokia (NYSE: NOK) has agreed to acquire Motally, a San Francisco-based developer of a mobile analytics platform. Motally had raised an undisclosed amount of funding from BlueRun Ventures and Ron Conway.
2 min read · 20 August 2010
Complete Genomics Inc., a Mountain View, Calif.-based human genome sequencing company, has raised $39 million in Series E funding. Sands Capital led the round, and was joined by return backers Essex Woodlands, OVP Venture Partners, Prospect Venture Partners, OrbiMed Advisors, Highland Capital Management and Enterprise Partners. The company previously raised around $90 million, and recently filed for an $86.25 million IPO.
2 min read · 20 August 2010
Anchor Therapeutics, a Cambridge, Mass.-based developer of pepducin drug candidates, has raised $10 million in Series B funding. Return backers include TVM Capital, HealthCare Ventures and the Novartis Option Fund. The company also said it is in talks with other investors for additional Series B financing.
2 min read · 20 August 2010
1 min read · 20 August 2010
Chegg, an online textbook rental company, has acquired CourseRank, a Mountain View, Calif.-based provider of an online platform for college students to create and share their course schedule and write reviews of professors. No financial terms were disclosed. Chegg has raised around $144 million in private equity and debt, from groups that include Kleiner Perkins, Foundation Capital and Insight Venture Partners.
3 min read · 20 August 2010
Oggifinogi, a rich media company with offices in New York and Seattle, has raised $2 million in Series A funding. Greycroft Partners led the round, and was joined by iNovia Capital, Contour Venture Partners and individual angel investors.
4 min read · 19 August 2010
John Hadl has joined U.S. Venture Partners as a venture partner, focused on consumer Internet and business services opportunities. He is the co-founder of USVP portfolio company Total Beauty, and will continue to serve as CEO of mobile advertising company Brand-in-Hand. USVP also announced that former BeVocal CEO Mikael Berner is joining as an entrepreneur-in-residence.
4 min read · 19 August 2010
Viridity Inc., an Amesbury, Mass.-based startup focused on the optimization of data center application and equipment deployment, has raised $8 million in Series B funding from return backers Battery Ventures and North Bridge Venture Partners. The company previously raised $7 million.
3 min read · 19 August 2010
