Zong, a Palo Alto, Calif.-based mobile payment service used by online gaming and social networking websites, has raised $15 million in VC funding led by Matrix Partners. The company is a recent spinout from Swiss mobile media company Echovox, which has raised over $12 million in VC funding from Advent Venture Partners and Newbury Ventures.
3 min read · 27 April 2010
TheWrap.com, an online news site focused on the entertainment and media markets, has raised $2 million in Series B funding led by return backer Maveron Capital. The company was founded Sharon Waxman, former Hollywood correspondent for The New York Times.
2 min read · 26 April 2010
Implanet SA, a French developer of surgical implants for orthopedic and spine surgery, has raised €8 million in new VC funding. Backers include CM-CIC Private Equity, Edmond de Rothschild Investment Partners, Wellington Partners and Seventures Partners.
2 min read · 26 April 2010
Janice Bourque has joined Hercules Technology Growth Capital as a Boston-based managing director in the firm's life sciences group. She previously was an advisor to Commons Capital, and helped work on a joint venture between Commons and Oxford Bioscience Partners.
3 min read · 26 April 2010
Alex Laats has joined Commonwealth Capital Ventures as a general partner. He is a former Commonwealth venture partner who most recently was with BBN Technologies, a Commonwealth portfolio company acquired last year by Raytheon.
3 min read · 26 April 2010
1 min read · 26 April 2010
Alter-Eco Inc., a San Francisco-based maker and sourcer of organic, fair trade food products, has raised $2 million in Series A funding. Backers include Good Capital, Serious Change Fund and Renewal2 Investment Fund.
3 min read · 26 April 2010
WISeKey, a Geneva-based e-security company, has raised $20 million in "pre-IPO" funding at a $200 million valuation. No investor information was disclosed, except that backers came from the U.S., Switzerland and elsewhere in Europe.
2 min read · 26 April 2010
Stockopedia, a UK financial media website, has raised over $700,000 in seed funding from London-area angels.
3 min read · 26 April 2010
Mirina Corp., a Seattle-based developer of microRNA therapeutics, has raised an undisclosed amount of Series A-1 funding. Versant Ventures led the round, and was joined by return backers Alexandria Real Estate Equities, ARCH Venture Partners, OVP Venture Partners and WRF Capital. The company had raised a $3.6 million Series A round in 2008.
3 min read · 26 April 2010
