EcoSynthetix Inc., a Canadian green chemistry company, has raised US$10.1 million in new VC funding led by Canaccord Financial.
2 min read · 13 January 2010
Pharmaxis Ltd. (ASX: PXS) has agreed to acquire Topigen Pharmaceuticals Inc., a Montreal-based developer of respiratory therapeutics. The all-stock deal includes 2.3 million of Pharmaxis shares up-front, plus up to 5 million shares via earn-out. At current market value, the total deal would be worth around A$23.44 million. Topigen raised around US$58 million from firms like Fonds de Solidarite des Travailleurs du Quebec, MMV Financial, BDC Venture Capital, CDP Capital, T2C2 Capital, Investissement Desjardins Desjardins Venture Capital and Coller Capital.
2 min read · 13 January 2010
Jim Eisenstein has joined Point Judith Capital as a venture partner. He previously was CEO of VC-backed wireless tower company OptaSite, which was acquired by SBA Communications in 2008 for $430 million.
2 min read · 13 January 2010
Amobee Media Systems Inc., an Redwood City, Calif.-based developer of ad-serving solutions for mobile operators, has agreed to buy London-based mobile advertising company RingRing Media. No financial terms were disclosed. Amobee has raised around $59 million in VC funding from Cisco Systems, Motorola, Telefonica, Vodafone, Accel Partners, Globespan Capital Partners and Sequoia Capital.
4 min read · 13 January 2010
BioMed Partners, a Swiss venture capital firm focused on the European healthcare sector, has closed its second fund with CHF 106 million ($104 million) in capital commitments. The firm also hired veteran pharma exec Karl Deres as a venture partner. Most recently, Deres had been running his own pharma consulting firm.
3 min read · 13 January 2010
Spartoo, a European e-retailer focused on footwear, has raised €12 million in Series B funding. Highland Capital Partners and Endeavour Vision co-led the round, and were joined by return backers A Plus Finance and CM-CIC Capital Privé. Clipperton Finance advised Spartoo on the deal.
2 min read · 13 January 2010
TopTenReviews, an Ogden, Utah-based provider of expert tech and entertainment reviews, has raised $1.5 million in new VC funding from return backers Highway 12 Ventures and Village Ventures. The company previously raised $6 million in 2007.
2 min read · 12 January 2010
ReputationDefender, a Redwood City, Calif.-based provider of online name-monitoring and protection services, has raised $8.65 million in Series B funding co-led by Bessemer Venture Partners and Kleiner Perkins Caufield & Byers. The company previously raised $2.6 million from European Founders Fund, Maples Investments and RP/JA Investments.
3 min read · 12 January 2010
Greylock Partners has promoted Isaac Fehrenbach and David Thacker to the position of associate partners. Fehrenbach joined the firm in 2003, and focuses on cleantech investments. Thacker joined in 2008, and focuses on consumer and enterprise technology opportunities.
3 min read · 12 January 2010
Bill Green has joined Macquarie Group as a senior managing director, and head of renewable energy infrastructure investments in North America. He previously was with VantagePoint Venture Partners, where he co-founded the firm's cleantech practice.
3 min read · 12 January 2010
