VCJ Staff

Geoff Entress Joins Founders Co-Op

Geoff Entress has joined Founders Co-Op, a Seattle-based seed-stage venture firm, as a general partner. He will remain a venture partner with Voyager Capital, and before that spent eight years with Madrona Venture Group.

Tesaro Raises $60 Million in Series A Funding

Tesaro Inc., a Boston-based oncology pharma startup, has secured $60 million in Series A commitments led by New Enterprise Associates. The round includes an initial $20 million calldown and $40 million in capital reserves. Tesaro was founded by former executives with MGI Pharma, which was acquired by Eisai Co. in 2008 for $3.9 billion.

Teradata Buys VC-backed Xkoto

Teradata (NYSE: TDC) has acquired Xkoto Inc., a Waltham, Mass.-based provider of data virtualization technology. No financial terms were disclosed. Xkoto had raised $13 million in VC funding from investors like GrandBanks Capital and GrowthWorks Canadian Fund. www.xkoto.com

Wirescan Raises $3.85 Million

Wirescan AS, a Norway-based company focused on the diagnosis and condition monitoring of cables, has raised NOK 25 million ($3.85m) in new VC funding co-led by Siemens Venture Capital and Procom Venture.

GuardTime Raises $8 Million

GuardTime, a data integrity service provider, has raised $8 million in Series A funding. Horizons Ventures (Hong Kong) was joined by Ambient Sound Investments, the Infocomm Development Authority of Singapore, FITOne Capital and Joi Ito.

Phreesia Raises $16 Million

Phreesia Inc., a New York-based provider of a free patient-intake solution for the physician waiting room, has raised $16 million in Series D funding. Ascension Health Ventures led the round, and was joined by return backers BlueCross BlueShield Venture Partners, Sandbox Industries, Polaris Venture Partners, HLM Venture Partners and Long River Ventures. The company previously raised around $25 million.

ClariPhy Communications Raises $24 Million

ClariPhy Communications, an Irvine, Calif.-based developer of signal processors for optical networking, has raised $24 million in Series C funding. Oclaro Inc. and other undisclosed strategic backers were joined by existing shareholders Norwest Venture Partners, Allegis Capital, ONSET Ventures and Pacific General Partners. The company previously raised just over $20 million.

Funxional Therapeutics Raises €10 Million

Funxional Therapeutics Ltd., a UK-based developer of anti-inflammatory therapies, has raised €10 million in Series B funding. Ventech was joined by return backers Index Ventures and Novo AS.

"Buzz" Marketing Agency Vanksen Raises $5 Million

Vanksen, a European viral and buzz marketing communications agency, has raised $5 million from Quilvest Group. Proceeds will be used, in part, for U.S. expansion.

Expressor Software Raises $4.5 Million

Expressor Software, a Burlington, Mass.-based provider of semantic data integration, has raised $4.5 million in Series C funding. Return backers include Commonwealth Capital Ventures, Globespan Capital Partners and Sigma Partners. The company previously raised $15.6 million.