Private Equity
eMeter Inc., a San Mateo, Calif.-based provider of smart grid management software, has raised $12.5 million in new VC funding from return backers Sequoia Capital and Foundation Capital. The company previously raised over $32 million.
3 min read · 08 July 2010
Calithera Biosciences, a South San Francisco-based developer of oncology therapeutics, has raised $40 million in Series A funding. Morgenthaler Ventures led the round, and was joined by U.S. Venture Partners, Advanced Technology Ventures, Delphi Ventures and Mission Bay Capital.
4 min read · 08 July 2010
Poxel SA, a French drug development spinout from Merck Serono, has raised €16 million in Series A funding. Edmond de Rothschild Investment Partners led the round, and was joined by InnoBio and Crédit Agricole Private Equity. The company's lead candidate is focused on Type 2 diabetes.
6 min read · 08 July 2010
Dayforce, a provider of on-demand workforce management solutions, has raised $10 million in new VC funding led by Bridgescale Partners. The round is split into a pair of $5 million tranches, and brings total investment in the company to $20 million. Dayforce has offices in Toronto and Georgia.
3 min read · 08 July 2010
Battery Ventures has promoted three principals to partner: Jesse Feldman, Brian O’Malley and Satya Patel.
4 min read · 08 July 2010
Environmental Operating Solutions Inc., a Bourne, Mass.-based provider of water purification solutions, has raised $3.5 million in VC funding. MidPoint Food & Ag Fund and Meidlinger Partners were joined by existing backer Stuart Mill Venture Partners.
4 min read · 08 July 2010
BuyWithMe.com, a New York-based developer of marketing solutions using group buying mechanisms and leveraging social media, announced that Bain Capital Ventures has led its recent $16 million Series B round. Existing investor Matrix Partners also participated. peHUB had previously reported on the round, based on a regulatory filing.
3 min read · 08 July 2010
Synchronoss Technologies Inc. (Nasdaq: SNCR) has agreed to acquire FusionOne Inc., a San Jose, Calif.-based provider of mobile content transfer and synchronization technology. The deal includes an up-front payment of $32 million in cash and $8 million in stock, plus up to $35 million in earn-outs. FusionOne has raised over $140 million in VC funding, including a 2006 venture recap. Investors include El Dorado Venures, BlueRun Ventures, JPMorgan Partners, HP, Credit Suisse, Essex Financial, J&W Seligman and Pyramid Technology Ventures.
4 min read · 07 July 2010
Mike Majors has joined Siemens Venture Capital as a Boston-based investment partner. He previously was chief financial officer of employment search engine Indeed.com.
1 min read · 07 July 2010
XGraph, a provider of social network analysis for ad targeting, has raised $3.75 million in first-round funding led by Rho Ventures. The company has offices in New York and Silicon Valley.
3 min read · 07 July 2010
