Innova Dynamics Inc., an advanced meterials spinout from the University of Pennsylvania, has raised $5.5 million in Series A funding. Rho Ventures led the round, and was joined by MentorTech Ventures.
3 min read · 26 May 2010
McAfee Inc. (NYSE:MFE) has agreed to acquire Trust Digital, a McLean, Va.-based provider of enterprise mobility management solutions. No financial terms were disclosed. Trust Digital raised VC funding from Summerhill Venture Partners, Fairhaven Capital, Core Capital Partners, Avansis Ventures, MMV Financial and Square 1 Bank.
5 min read · 25 May 2010
AuctionPoint, a Marina Del Rey, Calif.-based online auction platform for the commercial real estate market, has raised an undisclosed amount of funding from MySpace co-founder Tom Anderson. Anderson also will join the company's board of directors.
2 min read · 25 May 2010
ReVision Optics Inc., a Lake Forest, Calif.-based maker of implantable products to correct and maintain vision, has raised $35 million in fifth-round funding. ProQuest Investments led the round, and was joined by return backers Domain Associates, Canaan Partners and InterWest Partners. The company previously raised $40 million.
2 min read · 25 May 2010
The Rubicon Project, a Los Angeles-based provider of an Internet advertising platform, has acquired SiteScout, a Seattle-based provider of malware security technology. No financial terms were disclosed. Rubicon Project has raised has raised $42 million in equity and debt funding, from firms like Clearstone Venture Partners, Mayfield Fund, Peacock Equity, IDG Ventures Asia and Silicon Valley Bank.
4 min read · 25 May 2010
1 min read · 25 May 2010
Vinfolio Inc., a San Francisco-based online wine marketplace, has raised an undisclosed amount of VC funding from Steve Case's Revolution LLC. It previously raised $4.5 million in Series A funding led by Panorama Capital.
4 min read · 25 May 2010
Swaptree.com, a Boston-based operator of an online swap-meet, has raised $6 million in VC funding led by Safeguard Scientifics. The company also named Jeff Bennett, former president and COO of NameMedia, as its new CEO.
3 min read · 25 May 2010
T2 Biosystems Inc., a Cambridge, Mass.-based developer of portable medical diagnostic products that combine nanotech and miniaturized magnetic resonance technology, has raised $15 million in Series C funding. Physic Ventures led the round, and was joined by Arcus Ventures, RA Capital, Camros Capital, WS Investments and return backers Flagship Ventures, Polaris Venture Partners, Flybridge Capital Partners and Partners Healthcare. The company previously raised just over $21 million.
4 min read · 25 May 2010
Delphinus Medical Technologies LLC, a Detroit-based developer of an alternative to mammography, has raised $8 million in VC funding. Arboretum Ventures and Beringea co-led the round, and were joined by North Coast Technology Investors. Delphinus Medical is a spinout from The Barbara Ann Karmanos Cancer Institute.
5 min read · 25 May 2010
