4 min read · 10 December 2009
Gilde Healthcare Partners is raising upwards of €50 million for a growth equity fund that would focus on European healthcare companies. It has already closed on an undisclosed amount of capital commitments.
2 min read · 09 December 2009
1 min read · 09 December 2009
TruTouch Technologies, a Framingham, Mass.-based developer of non-invasive biometric intoxication detection systems, has raised $1.3 million in VC funding led by The Verge Fund.
2 min read · 09 December 2009
Gowalla, a location-based social networking service, has raised $8.4 million in Series B funding. Greylock Partners led the round, and was joined by fellow new backers Shasta Ventures, Maples Investments, Ron Conway, Kevin Rose, Gary Vaynerchuk, Shervin Pishevar, Jason Calacanis and Chris Sacca. Returning investors included Alsop-Louie Partners and Founders Fund. Gowalla is based in Austin, Texas.
3 min read · 09 December 2009
1 min read · 09 December 2009
Compuware Corp. (Nasdaq: CPWR) has completed its acquisition of Gomez Inc., a Lexington, Mass.-based provider of web experience management services, for $295 million in cash. Gomez had been in registration for an $80.5 million IPO. It raised over $66 million in VC funding between 1999 and 2004, with current shareholders including Dolphin Equity Partners (36.6% pre-IPO stake), AdAstra (19.9%), Doughty Hanson & Co. (17.3%) and ABS Ventures (8.9%).
3 min read · 09 December 2009
Plumchoice, a Billerica, Mass.-based provider of remote technology support services to the home and small business markets, has raised $10 million in bank financing from Silicon Valley Bank. It previously raised over $14 million in equity funding led by Edison Venture Fund.
3 min read · 09 December 2009
Imara Corp. (f.k.a. Lion Cells), a Woodside, Calif.-based developer of lithium ion battery technologies, has ceased operations. In a blog post, VP of business development Neil Maguire wrote:
1 min read · 09 December 2009
Catalyst Venture Partners of the UK has formed a European/Asian partnership with iAxil, a Singapore-based venture accelerator arm of Ascendas. The effort "will support and assist both European-based companies wishing to access the Asian market, and Asian-based companies seeking to penetrate European markets."
2 min read · 09 December 2009