Private Equity
Pacific Biosciences, a Menlo Park, Calif.-based DNA gene sequencing company, has raised $59 million in new Series F funding. This brings the round total to $109 million, including a previously-announced $50 million infusion from Gen-Probe Inc. (Nasdaq: GPRO). No new investor information was disclosed, but Pacific Biosciences previously raised around $253 million from Monsanto, the Wellcome Trust, Sutter Hill Ventures, Deerfield Management, Intel Capital, Morgan Stanley, Redmile Group, T. Rowe Price, Mohr Davidow Ventures, Kleiner Perkins Caufield and Byers, Alloy Ventures, Maverick Capital, AllianceBernstein, DAG Ventures, Teachers’ Private Capital and Blackstone Cleantech Venture Partners.
2 min read · 15 July 2010
ShopKick, a Palo Alto, Calif.-based company that combines mobile apps with physical retail shopping, has raised $15 million in Series B funding. Greylock Partners led the round, and was joined by Kleiner Perkins Caufield & Byers, Citi Growth Ventures & Innovation Group and SV Angels. The company previously raised $5 million.
3 min read · 15 July 2010
Trilliant Inc., a Redwood City, Calif.-based provider of smart grid solutions, has raised $106 million in new equity and debt funding. Equity participants on the Series B round included Investor Growth Capital, VantagePoint Venture Partners ABB, General Electric and return backers MissionPoint Capital Partners and Zouk Ventures. Deutsche Bank served as placement agent. The company previously raised $40 million.
4 min read · 15 July 2010
SolarCity Corp., a Foster City, Calif.-based provider of solar energy system installation and design, has raised $21.5 million in new VC funding. Mayfield Fund led the round, and was joined by return backers Draper Fisher Jurvetson, DBL Investors and Generation Capital. The company previously raised around $134 million.
3 min read · 14 July 2010
Anabi Oil Corp., owner of motor gasoline products and properties throughout California,, has raised $8.5 million in mezzanine funding from The Central Valley Fund and Hintington Capital.
3 min read · 14 July 2010
Flirtomatic, a social network that lets users flirt with one another, has raised $9 million in Series C funding. Nauta Capital led the round, and was joined by return backers Doughty Hanson, Seraphim Capital and company chairman Avi Azulai.
4 min read · 14 July 2010
Atlassian, a Australia-based provider of software for streamlining product development, has raised $60 million from Accel Partners. The deal is in exchange for a minority stake, with Accel's Rich Wong joining the Atlassian board of directors. Atlassian was founded in 2002, and this represents its first round of institutional funding.
3 min read · 14 July 2010
ZocDoc, a New York-based provider of physician finder and appointment booking services, has raised $15 million in Series B funding. Founders Fund led the round, and was joined by return backer Khosla Ventures.
4 min read · 14 July 2010
Rally Software, a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has acquired an iPhone app called ScrumAway from Blue Hole Software. The $15 app will be relaunched as a free app called Rally, which will provide access to the real-time status, progress and quality of Agile development projects. Rally Software has raised over $51 million in VC funding from Greylock, Mohr Davidow Ventures, Boulder Ventures, Mobius Venture Capital and Vista Ventures.
4 min read · 14 July 2010
BARRX Medical Inc., a Sunnyvale, Calif.-based developer of endoscopic solutions for treating precancerous lesions of the esophagus, has raised $15 million in Series D funding. Highland Capital Partners led the round, and was joined by return backers Delphi Ventures, Alloy Ventures, Frazier Healthcare Ventures, Sutter Hill Ventures and Greenspring Associates.
3 min read · 14 July 2010
