1 min read · 07 January 2010
Lithium Technologies, an Emeryville, Calif.-based provider of on-demand solutions for enterprise communities, has raised $18 million in Series C funding. DAG Ventures and Tenaya Capital co-led the round, and was joined by return backers Benchmark Capital, Emergence Capital and Shasta Ventures. The company previously raised around $21 million.
5 min read · 06 January 2010
iYogi Inc., an India-based provider of remote technical support services, has raised $15 million in third-round funding. Draper Fisher Jurvetson led the round, and was joined by return backers Canaan Partners, SAP Ventures and SVB India Capital. The company previously raised $12.6 million.
4 min read · 06 January 2010
The Echo Nest, a Somerville, Mass.-based online "music intelligence company," has raised $1.3 million in third-round VC funding. New investors include Donald McLagan (former Compete CEO), Nicholas Negroponte (MIT Media Lab) and Jim Pallotta (Raptor Capital). Return backer Commonwealth Capital Partners also participated. The Echo Nest previously raised over $3 million.
2 min read · 06 January 2010
Clean Power Finance Inc., a San Francisco-based provider of software and financing solutions to the solar installation industry, has held a first close on a $6.9 million funding round. Claremont Creek Ventures and Clean Pacific co-led the deal, and were joined by return backers Sand Hill Angels and Gary Kremen.
4 min read · 06 January 2010
F-star Biotech, a Vienna, Austria-based antibody engineering company, has raised €8 million in new Series A funding. MP Healthcare Venture Management and Merck Serono Ventures co-led the round, and were joined by return backers Atlas Venture, Aescap Venture, Novo Ventures and TVM Capital.
5 min read · 06 January 2010
Acton Pharmaceuticals Inc., a Marlborough, Mass.-based respiratory pharma startup, has raised $15 million in Series A funding led by Sequoia Capital. The company also announced that it has licensed the Aerospan inhalation aerosol from Forest Labs (NYSE: FRX).
5 min read · 06 January 2010
Originate Ventures has promoted Matt Bieber to principal. He joined the firm in May 2007 as a senior associate, after having worked at Bear Stearns.
2 min read · 06 January 2010
Quench Inc., an Indianapolis-based maker of rentable water purification systems, has raised $13.24 million in new VC funding. Virgin Green Fund led the deal, and was joined by return backer Element Partners. Quench previously raised around $26 million in VC funding.
3 min read · 06 January 2010
Aggregate Knowledge, a San Mateo, Calif.-based provider of personalization and audience-centric display optimization solutions, has raised $9 million in Series C funding. OVP Venture Partners led the round, and was joined by return backers DAG Ventures and Kleiner Perkins Caufield & Byers. Aggregate Knowledge previously raised just under $25 million.
3 min read · 06 January 2010
