Bharat Serums and Vaccines Ltd., an Indian developer of life-saving injectible drugs, has raised an undisclosed amount of VC funding from OrbiMed Advisors.
3 min read · 07 April 2010
Druva Software, an India-based provider continuous data protection and disaster recovery products, has raised $5 million in Series A funding. Sequoia Capital India led the round, and was joined by existing backer Indian Angel Network. www.druva.com
1 min read · 07 April 2010
Applied Quantum Technology, a Santa Clara, Calif.-based developer of CIGS solar cells, has raised $10 million in new VC funding from undisclosed investors. The company also announced a partnership with equipment maker Intevac.
2 min read · 07 April 2010
Box.net, a Palo Alto, Calif.-based provider of an online filing system, has raised $15 million in Series C funding. Scale Venture Partners led the round, and was joined by return backers Draper Fisher Jurvetson and U.S. Venture Partners. Box.net previously raised around $14.5 million.
4 min read · 07 April 2010
Adina for Life Inc., a San Francisco-based maker of natural beverages, has raised $14 million in fourth-round funding. CIC Partners led the round, and was joined by return backers Sherbrooke Capital, Pacific Community Ventures, Good Capital and Seraph.
3 min read · 07 April 2010
Veoh Networks, an online video-sharing company that laid off its workforce in February, has sold its remaining assets to 2Peer Ltd., according to VentureWire. No financial terms were disclosed. Veoh had raised around $67.5 million in VC funding, including a $30 million Series D round in June 2008. Backers included Shelter Capital Partners, Spark Capital, Goldman Sachs, Adobe Systems Intel Capital and Time Warner Investments. Veoh had been seeking new funding, but was unable to get it.
1 min read · 07 April 2010
Cardlytics Inc., an Atlanta-based provider of banking rewards solutions, has raised $4 million in venture debt from Gold Hill Capital. Cardlytics previously raised over $8 million in VC funding from Canaan Partners, Polaris Venture Partners and Total Technology Ventures.
1 min read · 07 April 2010
YCharts, a Chicago-based online stock research engine, has raised an undisclosed amount of Series A funding. Backers include Hyde Park Angels, the Illinois Innovation Accelerator Fund (I2A), Amicus Capital and Social Leverage LLC.
3 min read · 07 April 2010
Achaogen, a San Francisco-based developer of antibiotics to treat life-threatening, multi-drug resistant bacterial infections, has raised $65 million in Series C funding. Frazier Healthcare Ventures led the round, and was joined by Alta Partners and return backers 5AM Ventures, ARCH Venture Partners, Domain Associates, Venrock Associates, Versant Ventures and the Wellcome Trust. The company previously raised around $42 million.
3 min read · 07 April 2010
Wigix Inc., a database-driven product catalog company backed by Draper Fisher Jurvetson, has acquired Mag2U, a Shanghai-based business process outsourcing company that focuses on magazine subscriptions in China. No financial terms were disclosed. Wigix is based in Oakland, Calif., but has ooperations in China.
3 min read · 06 April 2010
