RIB Software AG, a German provider of software for the construction sector, has raised an undisclosed amount of VC funding from SAP AG and Hasso Plattner Ventures.
3 min read · 21 January 2010
Elevation Pharmaceuticals Inc., a San Diego-based developer of aerosol therapies for patients with respiratory diseases, has raised $30 million in Series A funding. Backers include Canaan Partners, TPG Growth, Care Capital and Mesa Verde Venture Partners.
3 min read · 21 January 2010
CareCloud, a Miami, Fla.-based provider of Web-based physician practice software and services, has raised $2.3 million in VC funding. No investor information was disclosed.
2 min read · 21 January 2010
Element Partners, a Philadelphia-based VC firm focused on the cleantech and energy markets, has promoted Sam Gabbita to the position of partner. He joined the firm in 2006 as a senior associate, and leads the firm's investment efforts in the alternative fuels space.
2 min read · 21 January 2010
1 min read · 20 January 2010
CrowdFlower, a San Francisco-based provider of crowd-sourced labor solutions for businesses, has raised $5 million in Series A funding, co-led by Trinity Ventures and Bessemer Venture Partners. The company previously raised a $1.2 million angel round.
4 min read · 20 January 2010
BuyWithMe.com, a Boston-based developer of marketing solutions using group buying mechanisms and leveraging social media, has raised $5.5 million in VC funding from Matrix Partners. Matrix partner Nicholas Beim will joined the BuyWithMe board of directors.
3 min read · 20 January 2010
Gambro, a portfolio company of private equity firm Bridgepoint, has acquired CHF Solutions Inc., a Brooklyn Park, Minn.-based maker of ultrafiltration devices to treat fluid overload. No financial terms were disclosed. CHF Solutions had raised nearly $60 million in VC funding, from Ascension Venture Partners, MPM Capital and SV Life Sciences.
3 min read · 20 January 2010
Ifbyphone, a Skokie, Ill-based provider of voice infrastructure and applications to SMBs, has acquired CloudVox, a Seattle-based cloud telephony startup. No financial terms were disclosed, although a regulatory filing indicates that Ifbyphone recently raised $1.2 million in "debt" and "option, warrant or other right to acquire another security." IfByPhone previously raised over $7 million in VC funding from Apex Venture Partners and Origin Ventures co-led round, and were joined by Spring Mill Venture Partners and Illinois Innovation Accelerator Fund. It also raised an undisclosed amount of venture debt from Blue Crest Capital Finance.
3 min read · 20 January 2010
Kolltan Pharmaceuticals Inc., a New Haven, Conn.-based oncology therapeutics startup, has raised $8.5 million in Series B funding from Celtic Therapeutics Holdings and and Tichenor Ventures. Kolltan also received another $1.5 million that can be applied either to a product development option with Celtic Therapeutics affiliate or converted into Series B stock. The company previously raised around $40 million in Series A funding from firms like Purdue Pharma, HBM BioVentures and Elm Street Ventures.
3 min read · 20 January 2010
