Private Equity
1 min read · 14 June 2010
Castlight Health, a Web-based service that helps companies provide employees with individual-level views of their healthcare benefits and costs, has raised $60 million in Series C funding. New investors included Morgan Stanley Investment Management, The Wellcome Trust, U.S. Venture Partners and the Cleveland Clinic. Return backers were Maverick Capital, Oak Investment Partners and Venrock.
3 min read · 11 June 2010
Otonomy Inc., a San Diego-based drug company focused on disorders of the inner and middle ear, has raised $10 million in Series A funding from Avalon Ventures.
2 min read · 11 June 2010
Octoshape, a Denmark-based developer of technology for optimizing end-to-end video delivery, has raised €4 million from Nexit Ventures.
2 min read · 11 June 2010
Intelligent Clearing Network, a New Canaan, Conn.-based digital coupon clearing network at retail outlet points-of-sale, has raised an undisclosed amount of new VC funding from Early Stage Partners and return backer Wolverine Venture Fund.
3 min read · 11 June 2010
1 min read · 11 June 2010
Komli Media, an Indian digital media network platform, has acquired PostClick, an Australian website representation firm. No financial terms were disclosed. Komli Media has raised over $9 million from Draper Fisher Jurvetson, Helion Venture Partner and Nexus Venture Partners.
4 min read · 11 June 2010
CrowdGather (OTCBB: CRWG) has acquired Adisn Inc., a Long Beach, Calif.-based online ad network, for $5.5 million in stock. Adisn had raised over $1 million in VC funding from Battery Ventures and MHS Capital.
3 min read · 11 June 2010
KeyOn Communications Holdings Inc. (OTCBB: KEYO) has acquired the wireless broadband assets of Dynamic Broadband, an Iowa-based company that raised a small amount of VC funding from Aavin Private Equity. No financial terms were disclosed.
2 min read · 11 June 2010
CrimeReports.com, a Salt Lake City-based provider of online crime-mapping solutions, has acquired TipSoft, a police tip acquisition and intelligence management tool for law enforcement. No financial terms were disclosed. CrimeReports has raised over $7.2 million from Austin Ventures and vSpring Capital.
3 min read · 11 June 2010
