1 min read · 29 March 2010
Nokia (NYSE: NOK) has agreed to acquire Novarra Inc., an Itasca, Ill.-based provider of mobile Internet browsing software. No financial terms were disclosed. Novarra has raised around $88 million in VC funding, from JK&B Capital, Qualcomm, Fort Washington Capital Partners, Kettle Partners and Colorado Investment Securities.
2 min read · 29 March 2010
1 min read · 26 March 2010
Leap Medical Inc., a Montreal-based medical device company focused on the rapid detection of brain injuries and infection, has raised C$1.025 million in new VC funding. Backers include MSBi Valorisation, BDC Venture Capital and GO Capital Fund.
5 min read · 26 March 2010
Lillian Montoya-Rael has joined Flywheel Ventures as an entrepreneur-in-residence. She previously launched LMR Consulting, while also working as a wealth management advisor with Citi Smith Barney.
2 min read · 26 March 2010
1 min read · 26 March 2010
1 min read · 26 March 2010
Jason Finger, co-founder and former CEO of SeamlessWeb, has joined Bessemer Venture Partners as an entrepreneur-in-residence. SeamlessWeb was an Internet-based food ordering and billing services company that was acquired by Aramark in 2006.
2 min read · 26 March 2010
U-Systems Inc., a San Jose, Calif.-based maker of automated breast ultrasound systems, has raised $10 million in sixth-round funding. iD SoftCapital Group led the round, and was joined by fellow return backers Sycamore Ventures, Lumira Capital, Radius Ventures and PIIH. The company previously raised over $58 million.
2 min read · 25 March 2010
1 min read · 25 March 2010