Mark Pacala has joined Oak Hill Capital Partners as a senior advisor, with a focus on the healthcare sector. He has spent the past eight years as a general partner with Essex Woodlands Health Ventures. Before that, he ran both the Forum Group (sold to Marriot Corp) and American WholeHealth Inc.
3 min read · 16 March 2010
Antonio Rodriguez, former CTO of HP's consumer imaging and printing division, has joined Matrix Partners as a general partner in the firm's Waltham, Mass. office. Matrix also announced the opening of a New York City office, which will be headed by Nick Beim. Beim will relocate from Massachusetts.
3 min read · 16 March 2010
RoundBox Inc., a Florham Park, N.J.-based provider of mobile broadcast software, has acquired the assets of Jacked Inc., a Santa Monica, Calif.-based provider of media interactivity solutions. No financial terms were disclosed. RoundBox has raised $43 million in VC funding from Montagu Newhall Associates, ITOCHU Techno-Solutions Corporation and return backers Core Capital Partners, Polaris Venture Partners and RRE Ventures. Jacked had raised nearly $8 million from Core Capital Partners, Gabriel Venture Partners and Provenance Ventures.
3 min read · 16 March 2010
Correlsense, a developer of business transaction management solutions, has raised $8 million in Series B funding. Accel Partners led the round, and was joined by return backers Vertex Venture Capital, eXceed Technology and ProSeed Ventures. The company previously raised $3 million.
4 min read · 16 March 2010
Promedior Inc., a Malvern, Penn.-based developer of therapeutics for inflammatory and fibrotic diseases, has raised $12 million in Series C funding. Forbion Capital Partners led the round, and was joined by return backers Morgenthaler Ventures, HealthCare Ventures, Polaris Venture Partners and Easton Capital. The company has now raised $27 million in total VC funding.
4 min read · 16 March 2010
BrightEdge, a Foster City, Calif.-based provider of on-demand search engine optimization (SEO) management solutions, has raised $6.5 million in Series B funding. Battery Ventures led the round, and was joined by return backers Altos Ventures and Illuminate Ventures.
2 min read · 16 March 2010
2 min read · 16 March 2010
1 min read · 15 March 2010
NGM Biopharmaceuticals Inc., a South San Francisco-based drug startup focused on metabolic diseases, has secured the first tranche of a $51 million Series B funding round. Backers include The Column Group, Tichenor Ventures, Prospect Venture Partners and Rho Ventures. The company previously raised $25.55 million.
2 min read · 15 March 2010
Cheetah Medical, a developer of noninvasive hemodynamic and cardiac output monitoring technology, has raised $20 million in Series B funding. Ascension Health Ventures led the round, and was joined by Robert Bosch Venture Capital, MVM Life Science Partners and undisclosed return backers. The company is based in Israel, with a U.S. office in Portland, Oregon.
4 min read · 15 March 2010
