VCJ Staff

Tesla Motors Adds Shares to Upcoming IPO

Fabrinet Shares Rise in NYSE Debut

Gilead Buying CGI Pharma for $120 Million

Gilead Sciences Inc. (Nasdaq: GILD) has agreed to acquire CGI Pharmaceuticals Inc., a Branford, Conn.-based drug developer focused on small molecule chemistry and kinase biology. The deal is valued at $120 million, the majority of which is an up-front cash payment.

HeyZap Raises $2.5 Million

Eckart Walther Joins Accel Partners

Pre-IPO, SciQuest Switches Exchanges

Triggit Raises $4.2 Million

Triggit, a San Francisco-based developer of media-buying solutions using real-time bidding, has raised $4.2 million in Series A funding co-led by Spark Capital and Foundry Group.

RGB Networks Buys Ripcode

RGB Networks, a Sunnyvale, Calif.-based provider of network video processing solutions, has acquired RipCode Inc., a Dallas-based provider mobile IP video solutions. No financial terms were disclosed. RGB Networks has raised over $52 million in VC funding, from Accel Partners, Comcast Interactive Capital, Kleiner Perkins Caufield & Byers, Focus Ventures and Institutional Venture Partners. Ripcode had raised around $38 million from Granite Ventures, Hunt Ventures, El Dorado Ventures, Vesbridge Partners and ATA Ventures.

DFJ Mercury Raises Second Fund

DFJ Mercury has closed its second fund with $70 million in capital commitments. The Houston, Texas-based firm makes seed-stage and early-stage investments in IT, advanced materials and bioscience companies. It had raised $30 million for its debut fund, including an initial close and subsequent annex vehicles.

Report: Palantir Technologies Raises $90 Million

Palantir Technologies, a Palo Alto, Calif.-based developer of analytics platforms for financial and intelligence clients, has raised $90 million in Series D funding at a $735 million valuation, according to TechCrunch. Existing shareholder The Founders Fund led the round, and was joined by Youniversity Ventures, Glynn Capital, Ulu Ventures, Jeremy Stoppleman and Ben Ling. No mention of existing shareholders In-Q-Tel or Reed Elsevier Ventures. The company previously raised around $82 million.