Private Equity
Highwinds, a Winter Park, Fla.-based provider of multi-platform IP services and content distribution solutions, has acquired BandCon, a Costa Mesa, Calif.-based Internet infrastructure service provider. No financial terms were disclosed. Highwinds has raised more than $55 million in equity funding from General Catalyst Partners, Alta Communications and European Founders Fund. It also recently secured $35 million in debt financing from Silicon Valley Bank.
2 min read · 09 July 2010
NexTag, a San Mateo, Calif.-based comparison shopping site, has acquired Wize Inc., a San Mateo-based online product recommendation research engine. No financial terms were disclosed. Providence Equity Partners acquired nearly a 70% stake in NexTag two years ago for $830 million. Wize had raised around $6 million in VC funding from Bessemer Venture Partners and Mayfield.
4 min read · 09 July 2010
Playdom, a Mountain View, Calif.-based social gaming company, has acquired Metaplace Inc., a San Diego-based social gaming technology and game design. No financial terms were disclosed. Metaplace had raised $9.4 million from Charles River Ventures, Crescendo Ventures, Marc Andreessen and Ben Horowitz.
2 min read · 09 July 2010
Intellikine Inc. has sold global development and commercialization rights to its portfolio of inhibitors of the delta and gamma isoforms of phosphoinositide-3-kinase Infinity Pharmaceuticals Inc. (Nasdaq: INFI). The deal could be worth upwards of $488.5 million, including a $13.5 million up-front payment. Intellikine has raised over $63 million in VC funding from Abingworth, CMEA Capital, Novartis Bioventures, U.S. Venture Partners, Biogen Idec, FinTech Global Capital and Sofinnova Ventures.
5 min read · 09 July 2010
Invuity Inc., a San Francisco-based provider of on-field illumination solutions for less invasive medical procedures, has secured $13.2 million of a $16 million VC funding round, according to a regulatory filing. Backers include InterWest Partners and Kleiner Perkins Caufield & Byers. www.invuity.com
1 min read · 09 July 2010
cMoney Inc., a Houston-based mobile payment startup, has secured a $100 million funding commitment from AGS Capital Group. The company previously raised $15 million from Kodiak Capital Group.
3 min read · 09 July 2010
FarFetch.com, a UK-based operator of an online marketplace for independent fashion boutiques in Europe and North America, has raised $4.5 million in VC funding from Advent Venture Partners.
5 min read · 09 July 2010
1 min read · 09 July 2010
Aurora Feint Inc., a Burlingame, Calif.-based social gaming platform for the iPhone, has raised an undisclosed amount of VC funding from The9 Ltd. (Nasdaq: NCTY). VentureWire puts the investment total at around $5 million.
2 min read · 08 July 2010
iPierian Inc., a South San Francisco-based regenerative medicine company that uses induced pluripotent stem (iPS) cells, has raised $22 million in Series B funding. Google Ventures led the round, and was joined by Mitsubishi UFJ Capital, ATEL Ventures and return backers MPM Capital, Highland Capital Partners and Kleiner Perkins Caufield & Byers.
3 min read · 08 July 2010
