Private Equity
SpectraFluidics, a Goleta, Calif.-based developer of vapor trace chemical detection systems, has raised an undisclosed amount of VC funding from In-Q-Tel.
3 min read · 19 August 2010
1-800-Dentist, a Los Angeles-based referral and marketing channel for dentists, has raised an undisclosed amount of VC funding from Bain Capital Ventures and Cue Ball Ventures.
3 min read · 19 August 2010
Teleplace Inc., a Redwood City, Calif.-based provider of enterprise-class learning and collaboration solutions, has raised an undisclosed amount of new VC funding from return backers Alloy Ventures and Storm Ventures. The company also named former Helpstream CEO Anthony Nemelka as its new president and CEO.
2 min read · 19 August 2010
1 min read · 19 August 2010
SaveWave, a Belmont, Mass.-based provider of digital promotion, distribution and rewards solutions, has raised $2.3 million in Series A funding. Flybridge Capital Partners and First Round Capital co-led the round, and were joined by Founder Collective, IA Capital and angel investors like Ron Conway and Michael Bronner. The company is a spinout from Upromise (now owned by Sallie Mae), and will continue to manage Upromise's grocery operations.
4 min read · 19 August 2010
2 min read · 19 August 2010
Si-Bone Inc., a San Jose, Calif.-based developer of a minimally-invasive surgical device to treat the sacroiliac joint, has raised $11 million in new VC funding led by Skyline Ventures.
4 min read · 18 August 2010
Manish Patel has joined the Menlo Park office of Highland Capital Partners as a principal. He previously held various product management and executive management roles at Google.
2 min read · 18 August 2010
BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) has acquired ZyStor Therapeutics Inc., a Milwaukee-based developer of enzyme replacement therapies for the treatment of lysosomal storage diseases. The deal is valued at up to $111 million, including a $22 million up-front payment and $93 million in earn-outs. ZyStor raised $8.5 million in VC funding in 2004, from Mason Wells, Venture Investors, Prolog Ventures, State of Wisconsin Investment Board, Hexagon Investments, Apjohn Ventures and Stonehenge Capital.
3 min read · 18 August 2010
Zynga has acquired Conduit Labs, a Cambridge, Mass.-based social gaming company. No financial terms were disclosed. Zynga has raised around $390 million in total VC funding, from Softbank, Digital Sky Technologies, Andreessen Horowitz, Tiger Global, Institutional Venture Partners, Kleiner Perkins Caufield & Byers, Union Square Ventures, Foundry Group and Avalon Ventures. Conduit Labs had raised $8.5 million from Charles River Ventures and Prism VentureWorks. www.conduitlabs.com
1 min read · 18 August 2010
