Pappas Ventures has promoted Sean McCarthy from principal to transactional partner, and Scott Weiner from senior associate to senior principal.
3 min read · 06 January 2010
VisualShare, a provider of SaaS solutions for Web-based multi-user image collaboration, has raised an undisclosed amount of VC funding from the Salt Lake Life Science Angels.
2 min read · 06 January 2010
CeQur SA, a Swiss developer of insulin delivery systems for the management of Type II diabetes, has raised $29.6 million in Series A funding. Backers include BMC Ventures, Endeavour Vision, Schroder & Co Bank and Venture Incubator.
2 min read · 06 January 2010
TheraVasc, a Cleveland-based commercializer of a treatment for peripheral artery disease, has raised $500,000 in VC funding from JumpStart Inc. and Portal Capital.
3 min read · 06 January 2010
Nordic Windpower, a Berkeley, Calif.-based maker of wind turbines, has raised $38 million in Series C funding. Khosla Ventures led the round, and was joined by New Enterprise Associates, Novus Energy Partners, I2BF Management, Pulsar Energy Capital and return backer Impax Asset Management. The company previously raised an undisclosed amount of funding from Impax, Goldman Sachs and NBT AS.
5 min read · 06 January 2010
New Enterprise Associates today announced that it has closed its thirteenth fund with nearly $2.5 billion in capital commitments. A regulatory filing from late last year had shown that the firm had $2.45 billion committed from 189 accredited investors, including around a 1% commitment from the general partner. NEA closed its previous fund with just over $2.5 billion in 2006.
3 min read · 06 January 2010
Innovalight Inc., a Santa Clara, Calif.-based developer of silicon ink-based printed solar cells, has raised $18 million in Series D funding. EDB Investments of Singapore led the round, and was joined by Vertex Venture Holdings (VC subisidiary of Temasek Holdings) and return backers Apax Partners, ARCH Venture Partners, Convexa Capital, Harris & Harris Group, Sevin Rosen Funds and Triton Ventures. The company previously raised over $45 million.
2 min read · 06 January 2010
Rally Software, a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has raised $16 million in fourth-round VC funding led by Greylock Partners. The company previously raised over $35 million in VC funding, from firms like Mohr Davidow Ventures, Boulder Ventures, Mobius Venture Capital and Vista Ventures.
4 min read · 06 January 2010
ValenTx Inc., a Carpenteria, Calif.-based developer of an implantable medical device to address morbid obesity, has raised $22 million in Series B funding. SV Life Sciences led the round, and was joined by Covidient Ventures and return backers Sapient Capital, EDF Ventures, Kaiser Permanente Ventures, Affinity Capital Partners and TGap Ventures.
2 min read · 05 January 2010
Hibernia Atlantic, a provider of trans-Atlantic high bandwidth connectivity, has raised $13.4 million from Constellation Growth Capital.
3 min read · 05 January 2010
