Clarizen, a San Mateo, Calif.-based provider of online work and project management software, has raised $8 million in Series C funding. Backers include DAG Ventures, Benchmark Capital and Carmel Ventures.
2 min read · 14 December 2009
1 min read · 14 December 2009
On-Q-Ity, a Waltham, Mass.-based cancer diagnostics company, has raised $5 million in additional Series A funding from Atlas Venture. This brings the round total to $26 million, including past investments from Mohr Davidow Ventures, Bessemer Venture Partners, Physic Ventures and Northgate Capital. On-Q-Ity was recently formed via the merger of two VC-backed companies: The DNA Repair Company and CELLective Diagnostics.
3 min read · 14 December 2009
Danotek Motion Technologies, a Canton, Mich.-based developer of generators and components to supply wind energy to the power grid, has raised $13.2 million in second-round funding. Khosla Ventures led the round, and was joined by return backers CMEA Ventures, StatoilHydro Venture and GE Energy Financial Services. The company previously announced a $14.5 million first-round, but today said that its total capital raise is just $21 million. peHUB has put in a call for clarification.
4 min read · 14 December 2009
Cubist Pharmaceuticals Inc. (Nasdaq: CBST) has agreed to acquire Calixa Therapeutics Inc., a San Diego-based developer of drugs that address multi-drug resistant Gram-negative pathogens. The deal includes a $92.5 up-front cash payment, plus up to $310 million in earnout payments. Calixa raised around $28 million in VC funding, from Canaan Partners, Domain Associates and Frazier Healthcare Ventures.
4 min read · 14 December 2009
Netformx, a Santa Clara, Calif.-based provider of telecom design and proposal generation platforms, has raised $12 million in new VC funding. Susquehanna Growth Equity led the round, and was joined by return backer Valley Venture Capital.
3 min read · 14 December 2009
Hetras GmbH, an Austrian developer of hotel management software, has raised an undisclosed amount of first-round funding from Target Partners. It had previously received seed funding from a government entity.
2 min read · 14 December 2009
CloudShares (f.k.a. IT Structures), a Menlo Park, Calif.-based cloud computing startup, has raised $10 million in Series B funding. Backers include Sequoia Capital, Gemini Capital and Charles River Ventures.
3 min read · 11 December 2009
RPM Ventures has closed its second fund with $60 million in capital commitments. The Ann Arbor, Mich.-based firm makes seed and early-stage investments in IT and physical sciences companies.
3 min read · 11 December 2009
NCR Corp. (NYSE: NCR) has acquired DVDPlay, a Campbell, Calif.-based operator of DVD-rental kiosks. No financial terms were disclosed. DVDPlay had raised around $30 million in VC funding, from firms like El Dorado Ventures, Emergence Capital Partners, Palo Alto Venture Partners and Vanguard Ventures.
2 min read · 11 December 2009
