3 min read · 07 January 2010
Jive Software Inc., a Portland, Ore.-based maker of social business collaboration software, has acquired Filtrbox, a Boulder, Colo.-based provider of social media monitoring solutions. No financial terms were disclosed. Jive Software has raised over $27 million from Sequoia Capital, while Filtrbox has raised seed funding from Flywheel Ventures and True Ventures.
4 min read · 07 January 2010
Motorola has agreed to acquire the assets of SecureMedia, a provider of software-based digital rights management (DRM) and security systems for IP video distribution and management. No financial terms were disclosed. SecureMedia had raised over $4 million in VC funding from M/C Venture Partners.
3 min read · 07 January 2010
MicroCHIPS Inc., a Bedford, Mass.-based provider of implant systems focused on diabetes and osteoporosis, has raised $16.5 million in seventh-round funding. InterWest Partners was joined by return backers Polaris Venture Partners, Novartis Venture Fund, Flybridge Capital Partners, Medtronic, Saints Capital, Intersouth Partners, Care Capital and CSK Venture Capital. The company previously raised around $70 million.
3 min read · 07 January 2010
TheraSim Inc., a Durham, N.C.-based provider of online tools to reduce performance errors in healthcare and clinical research, has raised $1.25 million in VC funding from UK-based Andromeda Capital.
2 min read · 07 January 2010
Christie Digital Systems has acquired substantially all the assets of Luminetx Corp., a Memphis, Tenn-based maker of a vascular imaging system. No financial terms were disclosed. Luminetx had raised around $15 million in VC funding, from firms like Custer Capital, Capvest Venture Fund and Morgan Keegan.
3 min read · 07 January 2010
Coda Automotive, a Santa Monica, Calif.-based electric car and battery company, has held a $25 million first close on its Series C funding round. No investor information was disclosed. The company previously raised $49 million, from the Angeleno Group, company founder Miles Rubin, Mac Heller (Coda co-chair), Kevin Czinger (Coda president and CEO), Hank Paulsen (former U.S. Treasury Secretary), John Bryson (ex-Edison Int'l CEO), Mack McLarty (former chief of staff for President Clinton) and Thomas Steyer (founder of Farallon Capital Management).
2 min read · 07 January 2010
Rightware Oy, a Finnish provider of a 3D graphical user interface solution for mobile phones and automotive applications, has raised €3 million in VC funding from Inventure and Nexit Ventures. The company also announced that it has acquired Furturemark Corp.'s mobile and embedded business unit.
3 min read · 07 January 2010
Morgan Solar Inc., a Toronto-based developer of concentrated solar photovoltaic panels, has raised US$3.5 million in additional Series A funding, bringing the round total to US$8.2 million. Backers include Iberdrola Group SA, Nypro Inc. and Turnstone Capital Management LLC.
2 min read · 07 January 2010
1 min read · 07 January 2010