Private Equity
Violin Memory, a Mountain View, Calif.-based developer of Flash memory enterprise systems, has acquired the technology assets of Gear6, a developer of storage caching solutions. No financial terms were disclosed. Violin Memory has raised over $16 million from Toshiba Corp., while Gear6 raised more than $24 million from Horizon Ventures, U.S. Venture Partners and InterWest Partners
2 min read · 16 June 2010
1 min read · 16 June 2010
Bill.com Inc., a Palo Alto, Calif.-based provider of online bill management and payment for accounting firms and SMEs, has raised $8.5 million in Series C funding. Jafco Ventures led the round, and was joined by return backers DCM, Emergence Capital and August Capita. The company previously raised over $17 million.
3 min read · 16 June 2010
Machinima.com, an online entertainment network for video gamers, has raised $9 million in Series B funding from Redpoint Ventures. The company previously raised a $3.85 million Series A round from MK Capital.
3 min read · 16 June 2010
Magnetic, a New York-based search data marketplace, has raised $4 million in Series A funding. Charles River Ventures, Ron Conway and NYC Investment Fund were joined by seed backers Founder Collective and IA Capital Partners.
4 min read · 16 June 2010
Intamac Systems Ltd., a UK-based provider of Internet-accessed monitoring and control services, has raised £4 million from Carbon Trust Investments, Chandos Capital Ventures and Seraphim Capital.
3 min read · 16 June 2010
FoldRx Pharmaceuticals Inc., a Cambrbidge, Mass.-based developer of drugs to treat diseases of protein misfolding and aggregation, has raised $29 million in third-round funding. Novo Ventures and Morgenthaler Ventures were joined by return backers Healthcare Ventures, Fidelity Biosciences, TPG Biotechnology, Alta Partners and Novartis Venture Funds.
2 min read · 16 June 2010
1 min read · 16 June 2010
Predictive Biosciences, a Lexington, Mass.-based developer of intervention diagnostic assays for cancer management, has raised $25 million in Series C funding. ProQuest Investments led the round, and was joined by return backers Flybridge Capital Partners, Highland Capital Partners, Kaiser Permanente Ventures and New Enterprise Associates. The company previously raised $32 million.
3 min read · 16 June 2010
Panoramic Growth Equity, a later-stage UK venture capital firm, has held a £34 million first clos on its debut fund.
2 min read · 15 June 2010
