Foundation Medicine, a Cambridge, Mass.-based personalized cancer medicine startup, has raised $25 million in Series A funding led by Third Rock Ventures.
5 min read · 16 April 2010
Prosper.com, a San Francisco-based peer-to-peer lending marketplace, has closed its Series D round with $14.7 million. It previously announced that it had signed term sheets to raise between $13.3 million and $15.8 million. New backers TomorrowVentures and CompuCredit Holdings Corp. were joined by existing shareholders Accel Partners, Benchmark Capital, Omidyar Network, DAG Ventures and Volition Capital (fka Fidelity Ventures). Prosper previously raised over $40 million.
4 min read · 16 April 2010
RFID Invest, an investment firm focused on RFID technology, has acquired InSync Software Inc., a San Jose, Calif.-based maker of RFID and sensor-based application software. No financial terms were disclosed. InSync had raised over $12 million in VC funding from firms that include Intel Capital and Rustic Canyon Partners.
2 min read · 16 April 2010
Milyoni Inc., an Alamo, Calif.-based developer of a Facebook app that allows retailers and direct merchants to sell their products within Facebook, has raised an undisclosed amount of seed funding from ATA Ventures and Thomvest Ventures.
3 min read · 16 April 2010
Where I've Been, a Chicago-based social travel network, has raised an undisclosed amount of VC funding from Lightbank, a new investment vehicle formed by Groupon founders Eric Lefkofsky and Brad Keywell.
2 min read · 16 April 2010
VaxGen Inc. (OTC BB: VXGN) has agreed to acquire diaDexus Inc., a South San Francisco-based developer of a blood test for the prediction of cardiovascular disease, for approximately $21 million worth of VaxGen shares. Following the deal, existing diaDexus shareholders would hold a 60.9% stake in the combined company.DiaDexus has raised around $180 million in VC funding since 2000, from Scale Venture Partners, GlaxoSmithKline, Baker Brothers Advisors, Burrill & Co., Rho Ventures, Bain Capital's Brookside Fund and Mosaix Ventures.
7 min read · 15 April 2010
Enamblence Technologies Inc. (TSX: ENA) has agreed to acquire Teledata Networks, an Israel-based provider of multiservice access solutions, for $50 million in cash and shares. Teledata backers include Kardan Group, Elron Electronic Industries and Infinity Venture Capital Fund.
5 min read · 15 April 2010
Rally Software, a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has acquired AgileZen, maker of a visual project collaboration tool. No financial terms were disclosed. Raly Software has raised over $51 million in VC funding from Greylock, Mohr Davidow Ventures, Boulder Ventures, Mobius Venture Capital and Vista Ventures.
4 min read · 15 April 2010
MediaMath, a New York-based provider of a digital media-buying platform, has acquired Adroit Interactive, a company that customizes display ads in real time. No financial terms were disclosed. MediaMath has raised over $10 million in VC funding from Safeguard Scientifics, QED Investors and European Founders Fund.
3 min read · 15 April 2010
FusionStorm has acquired certain assets of Global Netoplex Inc., a San Jose, Calif.-based provider of infrastructure-as-a-service solutions to MMO gaming companies. No financial terms were disclosed. GNI backers included Hummer Winblad Venture Partners.
2 min read · 15 April 2010
