VCJ Staff

Microsoft Buying VC-Backed Sentillion

Microsoft has agreed to acquire Sentillion Inc., an Andover, Mass.-based developer of software for the healthcare industry. No financial terms were disclosed. Sentillion had raised around $29 million in VC funding, from firms like Intersouth Partners, Dresdner Kleinwort Capital, Polaris Venture Partners, Merrill Lynch Capital Partners, Universal Health Services, St. Paul Venture Capital, Newbury Ventures and First Consulting Group.

Cloud Engines Adds $3 Million

Genius.com Raises New VC Funding

Fina Technologies Raises $4.5 Million

Fina Technologies Inc., a Cambridge, Mass.-based developer of quantitative trading algorithms and business solutions for massively data-intensive applications, has raised $4.5 million in Series A funding. Reed Elsevier Ventures led the round, and was joined by Excel Venture Management.

Circassia Raises £15 Million

Circassia Ltd., a UK-based drug company focused on allergies, has raised £15 million in third-round funding. Imperial Innovations led the round, and was joined by return backers Invesco Perpetual and Lansdowne Partners.

Soitec Group Buying Concentrix Solar

The Soitec Group has agreed to acquire an 80% stake in Concentrix Solar GmbH, a Germany-based provider of concentrated photovoltaic solar systems, at a total enterprise value of €55 million. Concentrix was formed in 2005 as a spinout from the Fraunhofer ISE, and received an undisclosed amount of VC funding from Good Energies.

Update: Pfenex Raises $24 Million

Texting App Maker Gogii Raises $8.2 Million

Gogii Inc., a Marina del Rey, Calif.-based developer of a free mobile texting application, has raised $8.2 million in Series B funding. Matrix Partners led the round, and was joined by return backer Kleiner Perkins Caufield & Byers. The company previously raised around $5.2 million.

Friendster Heads To The Exit, To Be Bought By MOL Global

MOL Global, an affiliate of Malaysian payments company MOL AccessPortal Berhad, has agreed to acquire social networking company Friendster Inc. No financial terms were disclosed. Friendster had raised around $48 million in VC funding, from firms like Benchmark Capital, DAG Ventures, Founders Fund, Kleiner Perkins Cuafield & Byers and Siguler Guff & Co.

Azure Capital Raising Third Fund