1 min read · 14 March 2010
OfferIQ, a New York-based developer of a mobile customer reward redemption solution for retailers, has raised an undisclosed amount of new VC funding. Metamorphic Ventures led the round, and was joined by ff Asset Management, Transactis CEO Joseph Proto and other individual angels.
2 min read · 14 March 2010
Genetix Pharmaceuticals, a gene therapy company developing treatments for severe genetic disorders, completed a $35 million Series B financing with new investors Third Rock Ventures and Genzyme Ventures joining TVM Capital, Forbion and Easton Capital.
4 min read · 12 March 2010
Betaworks, the new media company behind such applications as Bit.ly and Twitterfeed, received an undisclosed investment co-led by Intel Capital. The company previously received investments worth $10 million from AOL president Tim Armstrong; Huffington Post co-founder Ken Lerer; investors Ron Conway and Bob Pittman; and RRE Ventures.
1 min read · 12 March 2010
1 min read · 12 March 2010
Regence BlueShield of Washington has acquired the assets of Kinetix Living Corp., a Seattle-based provider of customized health and nutrition programs to corporate clients and individuals. No financial terms were disclosed. Kinetix had been a portfolio company of Maveron LLC.
3 min read · 11 March 2010
Apprion, a Moffett Field, Calif.-based provider of application network systems designed for the process manufacturing industry, has raised $8 million in Series C funding. Return backers included Allegis Capital, Motorola Ventures, CTTV Investments and Anvil Investment Associates. The company previously raised around $23.5 million.
2 min read · 11 March 2010
1 min read · 11 March 2010
CA Inc. has agreed to acquire Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, for $350 million in cash. NimSoft had raised $22.3 million over two rounds of VC funding, from Goldman Sachs, JMI Equity and Northzone Ventures.
4 min read · 11 March 2010
LivingSocial.com, a Washington, D.C.-based social discovery and cataloging network, has raised $25 million in Series B funding. U.S. Venture Partners led the round, and was joined by return backers Grotech Ventures and Steve Case's Revolution LLC. The company previously raised a $5 million Series A round.
4 min read · 11 March 2010