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VCJ Staff

Juvaris Adds Strategic to Series B Round

Juvaris BioTherapeutics Inc., a Pleasanton, Calif.-based developer of vaccines for cancer and infectious diseases, has held a second close on a previously-disclosed Series B round that could total $25 million. An undisclosed corporate investor was joined by existing backers SV Life Sciences and Kleiner Perkins Caufield & Byers.

3 min read · 27 January 2010

Neomend Raises $30 Million

NeoMend, an Irvine, Calif.-based developer of sealant and adhesion prevention products for the surgical market, has raised $30 million in Series D funding. Clarus Ventures led the round with a $17 million investment, and was joined by return backers Sanderling Ventures, Novo Ventures, Vivo Ventures, and Prospect Venture Partners.

3 min read · 27 January 2010

The Receivables Exchange Raises $17 Million

The Receivables Exchange, a New Orleans-based online marketplace for real-time trading of accounts receivable, has raised $17 million in Series C funding. Bain Capital Ventures led the round, and was joined by return backers Redpoint Vetures and Prism Ventureworks. The company raised a $7.75 million Series B round early last year.

5 min read · 27 January 2010

Sofinnova Partners Closes Sixth Fund

Sofinnova Partners, a Paris-based venture capital firm, has closed its sixth fund with €260 million in capital commitments. MVision served as placement agent, while limited partners include CDC Entreprises, Industrial & Financial Investments Co., JP Morgan Asset Management, Partners Group and Skandia Life Insurance Company.

2 min read · 26 January 2010

Israel's IgnitAd Gets Seeded

3 min read · 26 January 2010

QuinStreet Scales Back IPO Ambitions

1 min read · 26 January 2010

MiLife Changes Course, Raises $4 Million

MiLife has raised $4 million in new VC funding from return backers New Venture Partners and Unilever Ventures. The company spun out from Unilever in late 2008 to providetechnology solutions for personalized weight management. It is now renaming itself Imperative Health, and changing its focus to managing health risks associated with diabetes, high blood pressure, obesity and raised cholesterol.

5 min read · 26 January 2010

Quest Discovery Raises $3.75 Million

Quest Discovery Services Inc., a San Jose, Calif.-based provider of outsourcing solutions for medical and public records acquisition, has raised $3.75 million in mezzanine funding from the Central Valley Fund. Proceeds will be used to refinance debt and support acquisitions.

2 min read · 26 January 2010

Prometheus Labs Acquires Right to Novartis Kidney Cancer Drug

2 min read · 26 January 2010

Unidesk Raises $12 Million

Unidesk, a Marlborough, Mass.-based provider of virtual desktop management software, has raised $12 million in Series B funding. Return backers include Matrix Partners and North Bridge Venture Partners.

3 min read · 25 January 2010

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