FXall, a UK-based institutional multi-bank electronic foreign exchange platform, has agreed to buy LavaFx from Citi. No financial terms were disclosed. FXall is backed by Technology Crossover Ventures.
3 min read · 05 January 2010
Intuity Medical Inc., a Sunnyvale, Calif.-based developer of blood glucose monitors, has raised $64 million in Series D funding. Venrock and Emergent Medical Partners were joined by return backers Investor Growth Capital, Thomas, McNerney and Partners, U.S. Venture Partners and Versant Ventures. The company previously raised around $28 million.
3 min read · 05 January 2010
Dot Hill Systems Corp. (Nasdaq: HILL) has agreed to acquire Cloverleaf Communications Inc., a Southborough, Mass.-based developer of heterogeneous storage virtualization and unified storage technologies. The deal is valued at around $12 million, including $2.5 million in cash. Cloverleaf had raised nearly $15 million in VC funding from firms like Genesis Partners, BancBoston Ventures and Hyperion Partners.
7 min read · 05 January 2010
CircuLite, a Saddle Brook, N.J.-based maker of implantable ventricle medical devices, has raised $32.5 million in Series C funding. Forbion Capital Partners led the round, and was joined by return backers Crédit Agricole Private Equity, Foundation Medical Partners and Oxford Bioscience Partners. The company previously raised around $40 million.
4 min read · 05 January 2010
HistoSonics, an Ann Arbor, Mich.-based developer of an image-guided system that ablates tissue, has raised $11 million in Series A funding. Venture Investors led the round, and was joined by Fletcher Spaght Ventures, Hatteras Venture Partners, Early Stage Partners and TGap Ventures.
3 min read · 05 January 2010
RegaloCard, a Miami, Fla.-based mobile payment company, has raised $7 million in VC funding from Dublin Ventures and Kinsail Corp. RegaloCard sells prepaid gift cards in the U.S., which can be instantly delivered to people in Latin America for use at local retailers.
3 min read · 05 January 2010
1 min read · 05 January 2010
1 min read · 05 January 2010
Medisse, a Dutch developer of resorbable implants for soft tissue applications, has raised an undisclosed amount of VC funding from BioGeneration Ventures and Crédit Agricole Private Equity.
3 min read · 05 January 2010
Graphic.ly, a Boulder, Colo.-based developer of a community and digital content delivery platform for comics, has raised more than $1 million in Series A funding. DFJ Mercury led the round, and was joined by Starz Media, Northstar Equity Investors, GC&H Investments, David Cohen, Chris Sacca, Jake Nickell, Paige Craig and Dave McClure.
3 min read · 05 January 2010
