Private Equity
Altair Therapeutics Inc., a San Diego-based drug company focused on respiratory diseases, has raised $17 million in new VC funding. Domain Associates led the round, and was joined by AgeChem Venture Fund and return backers Thomas, McNerney & Partners, Forward Ventures and Isis Pharmaceuticals.
2 min read · 12 November 2009
Cellerix SL, a Tres Cantos, Spain-based developer of adult stem cell therapies, has raised €27 million in a first close on its Series C round. Ysios Capital Partners and Ventech co-led the tranche, and were joined by fellow return backers Roche Venture Fund and Novartis Venture Fund. The company previously raised a €27.2 million round in September 2007.
2 min read · 12 November 2009
Wooga, a Berlin-based social gaming company, has raised €5 million in new VC funding. Balderton Capital led the round, and was joined by return backer Holtzbrinck Ventures.
3 min read · 12 November 2009
2 min read · 12 November 2009
1 min read · 11 November 2009
Playdom, a Mountain View, Calif.-based social gaming company, is raising up to $70 million in VC funding at around a $300 million valuation, according to Eric Eldon. New Enterprise Associates reportedly is among the investors. Eldon also reports that Rick Thompson, Playdom's co-founder and chairman, has raised around $50 million for a VC fund of his own. Update: TechCrunch puts the round a $43m, with a $260m pre-money valuation ($406m post). Says NEA was joined by Norwest Venture Partners and Lightspeed Venture Partners. Update II: The company has issued the following press release:
2 min read · 11 November 2009
Adfonic, a UK-based operator of a self-service mobile advertising marketplace, has raised $600,000 in seed funding from cleantech entrepreneur Gordon Shields.
2 min read · 11 November 2009
Logitech International (Nasdaq: LOGI) has agreed to acquire LifeSize Communications, an Austin, Texas-based provider of high-definition video communication solutions. The deal is valued at $405 million in cash. LifeSize had raised around $90 million in VC funding, from firms like Austin Ventures, Redpoint Ventures, Pinnacle Ventures, Norwest Venture Partners, Sutter Hill Ventures and Tenaya Capital.
3 min read · 11 November 2009
3 min read · 11 November 2009
Cavium Networks (Nsdaq: CAVM) has agreed to acquire MontaVista Software Inc., a Santa Clara, Calif.-based provider of Linux operating systems and development tools. The deal is valued at $50 million, including $16 million in cash and around $34 million in Cavium stock. MontaVista has raised over $90 million in VC funding since 1999, from firms like Alloy Ventures, Aplix, NEC, US Venture Partners and Siemens Venture Capital.
4 min read · 11 November 2009
