1 min read · 12 April 2010
Fate Therapeutics, a La Jolla, Calif.-based stem cell biotech company focused on cell fate control, has acquired Verio Therapeutics Inc., an Ontario-based developer of drug candidates targeting the activation of endogenous stem cells. No financial terms were disclosed. Fate Therapeutics has raised $42 million from OVP Venture Partners, ARCH Venture Partners, Polaris Venture Partners and Venrock.
4 min read · 09 April 2010
Sagent Pharmaceuticals Inc., a Schaumburg, Ill.-based developer of injectible drugs, has raised $40 million in Series B funding. Zhejiang Hisun Pharmaceutical Co. Ltd.provided $10 million, while the remainder came from an undisclosed China-docused private equity fund. The firm previously raised over $110 million in VC funding from firms like Vivo Ventures.
2 min read · 09 April 2010
MedVentive Inc., a Cambridge, Mass.-based provider of pay-for-performance software for evidence-based medicine, has raised $2.25 million in new Series C funding. This is in additional to a previously-announced $7.25 million close. Clarian Health Ventures led the new tranche, while existing backer Core Capital Partners also provided new capital. Prior round investors includedExcel Venture Management, HLM Venture Partners and Long River Ventures.
3 min read · 09 April 2010
Svelte Medical Systems Inc., a New Providence, N.J.-based maker of balloon expandable stents for angioplaty procedures, has raised an undisclosed amount of Series A funding. Backers include CNF Investments, Apjohn Ventures, Norwich Ventures and the Fischell family
2 min read · 09 April 2010
EndoChoice Inc., an Atlanta-based provider of GI endoscopy products and services, has acquired Pathworks Anatomic Pathology Laboratory, an Atlanta-based national reference laboratory. No financial terms were disclosed. EndoChoice has raised around $7 million in VC funding from Council Ventures and River Cities Capital Funds.
2 min read · 08 April 2010
NetApp (NASDAQ: NTAP) has agreed to acquire Bycast Inc., a Vancouver-based developer of object-based storage software. No pricing terms were disclosed for the all-cash deal. Bycast shareholders include BDC Venture Capital and GrowthWorks.
3 min read · 08 April 2010
1 min read · 08 April 2010
Gemvara Inc., a Lexington, Mass.-based operator of an ecommerce site for custom jewlery, has raised $5.2 million in Series B funding co-led by existing backers Highland Capital Partners and Canaan Partners.
3 min read · 08 April 2010
Chromasun, a San Jose, Calif.-based maker of solar energy systems for the rooftop, has raised $3 million in first-round funding. VKR Holding (Denmark) led the round, and was joined by GoGreen Capital and two unnamed U.S. investors.
2 min read · 08 April 2010
