Scanbuy Inc., a New York-based provider of mobile barcode solutions, has raised an undisclosed amount of third-round funding. Motorola Ventures led the round, and was joined by return backers Longworth Venture Partners, Masthead Venture Partners and Hudson Venture Partners. The company had raised a $9 million Series B round in 2006.
3 min read · 03 February 2010
2 min read · 03 February 2010
Glam Media, a female-focused online advertising network, has raised $50 million in new VC funding. Aeris Capital led the round, and was joined by return backers Burda Digital Holding and Mizuho Capital. PaidContent puts the post-money valuation at around $750 million. Glam has now raised around $150 million, from firms that also include Draper Fisher Jurvetson, Accel Partners, DAG Ventures, Information Capital and WaldenVC.
5 min read · 03 February 2010
Coaxis Inc., a Portland, Ore.-based developer of software for the construction industry, has raised $10 million from Updata Partners.
3 min read · 03 February 2010
MyHeritage.com, an Israel-based company that combines social networking with family trees, has acquired OSN Group, a Hamburg, Germany-based operator of ten family-tree sites. No financial terms were disclosed. MyHeritage has raised more than $15 million in VC funding from Accel Partners and Index Ventures.
4 min read · 03 February 2010
PGP Corp., a Palo Alto, Calif.-based provider of enterprise data protection, has agreed to acquire Newton, Mass.-based ChosenSecurity and its German subsidiary TC TrustCenter. No financial terms were disclosed. PGP has raised around $45 million in VC funding from firms D.E. Shaw Group, Intel Capital, DCM and Venrock. ChosenSecurity has raised around $14.5 million from .406 Ventures, Castile Ventures, Prism VentureWorks and St. Paul Venture Capital.
4 min read · 02 February 2010
SpiderCloud Wireless, a Santa Clara, Calif.-based developer of the enterprise radio access network (E-RAN) platform for mobile operators, has raised $25 million in Series B funding. Opus Capital led the round, and was joined by Shasta Ventures and return backers Charles River Ventures and Matrix Partners.
3 min read · 02 February 2010
Valtech Cardio Ltd., an Israel-based developer of minimally-invasive surgical and transcatheter mitral valve repair and replacement technologies, has raised $17.8 million in Series B funding. Undisclosed new investors were joined by return backers OXO Capital Valve Ventures, NGN Biomed and Peregrine VC.
2 min read · 02 February 2010
Medco Health Solutions Inc. (NYSE: MHS) has acquired DNA Direct Inc., a San Francisco-based genomics utilization management company. No financial terms were disclosed. DNA Direct had raised VC funding from Firefly Investments and Lemhi Ventures.
4 min read · 02 February 2010
Vulcan Power Co., a Bend, Ore.-based developer of geothermal energy projects, has raised $108 million in private equity funding from Denham Capital.
4 min read · 02 February 2010
