TearScience, a Morrisville, N.C.-based developer of a device to diagnose and treat chronic dry eye disease, has raised $44.5 million in Series C funding. New backers include Essex Woodlands Health Ventures, Investor Growth Capital and General Catalyst. Returning shareholders include De Novo Ventures, Spray Ventures and Quaker Bio Ventures.
3 min read · 05 May 2010
Conor Venture Partners has held a €46.5 million first closing on its second fund. The Finland-based firm invests in early-stage tech companies in the Nordic and Baltic regions of Europe. Limited partners include European Investment Fund, Finnish Industry Investment, Etera Mutual Pension Insurance Company, Veritas Pension Insurance Co., Atine Investment Partners and a fund-of-funds managed by Finnish Industry Investment.
3 min read · 05 May 2010
1 min read · 05 May 2010
1 min read · 04 May 2010
Proferi, a San Mateo, Calif.-based analytics software startup, has secured $2 million of a $6 million funding round from Andreessen Horowitz and Greylock, according to a regulatory filing. The stealth-mode company was co-founded by former Greylock entrepreneur-in-residence Christian Gheorghe.
1 min read · 04 May 2010
IronKey Inc., a Los Altos, Calif.-based provider of secure portable computing solutions, has raised $22 million in new VC funding. Bridgescale Partners led the round, and was joined by return backers Mohr Davidow Ventures, Leapfrog Ventures and Crosslink Capital.
2 min read · 04 May 2010
Caring.com, a San Mateo, Calif.-based provider of eldercare and end-of-life content, has raised $4 million in new VC funding from Intel Capital. The company previously raised $16 million from Shasta Ventures, DCM and Split Rock Partners.
3 min read · 04 May 2010
Althea Technologies Inc., a San Diego-based provider of technologies and services for pharmaceutical development and manufacturing, has acquired the assets and IP portfolio of Altus Pharmaceuticals (Nasdaq: ALTU), which filed for bankruptcy last year. No financial terms were disclosed. Althea Technologies has raised around $24 million from firms that include Telegraph Hill Partners and Kingsbury Associates.
2 min read · 04 May 2010
SuccessFactor (Nasdaq: SFSF) has agreed to acquire CubeTree, a Redwood City, Calif.-based developer of a freemium enterprise collaboration suite built on a social networking platform. The deal includes a $20 million up-front stock payment and up to $30 million in cash earnouts. CubeTree has raised $11.5 million in VC funding from InterWest Partners and Trinity Ventures.
1 min read · 04 May 2010
Galantos Pharma, a German drug company focused on Alzheimer's Dementia, has raised €4.4 million in Series C funding. Backers include VRP (Rhineland Palatinate Fund), KfW (German State Bank), FIB (Investment Bank Rhineland Palatinate), WFT (Venture Fund Rhineland Palatinate), HTGF (High-Tech Fund) and the BMBF (German Ministry for Education and Research).
2 min read · 04 May 2010
