Private Equity
Everlater, a Boulder, Colo.-based online platform for sharing travel experiences, has raised an undisclosed amount of Series A funding led by Highway 12 Ventures.
2 min read · 05 November 2009
Eric Shiozaki has joined healthcare-focused VC firm Apposite Capital as an associate director in its San Francisco office. He previously was with Burrill & Company.
2 min read · 05 November 2009
Initiate Systems Inc., a Chicago-based provider of master data management solutions for the exchange of health information, has acquired Accenx, an Irvine, Calif.-based provider of interoperability solutions for electronic healthcare records. No financial terms were disclosed. Initiate Systems has raised over $67 million in VC funding, from Apex Venture Partners, First Analysis Group, Sigma Partners, BlueCross BlueShield Venture Partners and Paladin Capital Group. It canceled a proposed IPO in 2008. Accenx raised $3 million in Series A funding led by National Healthcare Services.
3 min read · 05 November 2009
Digby, an Austin, Texas-based provider of mobile commerce solution for retailers, has acquired Movaya Wireless, a Seattle-based developer of digital goods storefront applications for mobile devices like the iPhone and Android. No financial terms were disclosed. Digby has raised a small amount of VC funding from The BlackBerry Partners Fund (managed by JLA Ventures).
3 min read · 05 November 2009
Funambol Inc., a Redwood City, Calif.-based developer of open-source mobile application servers, has acquired Zapatec Inc., a provider of AJAX web 2.0 frameworks. No financial terms were disclosed. Funambol has raised around $23 million in VC funding, from firms like Nexit Ventures, Castile Ventures, Walden International and HIG Ventures.
3 min read · 05 November 2009
Spinal Modulation Inc., a Menlo Park, Calif.-based developer of a spinal cord stimulator system to treat patients suffering from chronic pain, has raised $27.4 million in Series C funding. Johnson & Johnson Development Corp. led the round, and was joined by DFJ/InCube Ventures, Raffles Venture Partners and return backers DeNovo Ventures, ePlanet/DFJ, Kleiner Perkins Caufield & Byers and MedVenture.
2 min read · 05 November 2009
Zyngenia Inc., a Rockville, Md.-based pharma startup focused on antibody development, has raised $10 million in Series A funding from New Enterprise Associates.
5 min read · 05 November 2009
CubeTree, a Redwood City, Calif.-based developer of a freemium enterprise collaboration suite built on a social networking platform, has raised $8 million in Series B funding. InterWest Partners led the round, and was joined by return backer Trinity Ventures.
3 min read · 04 November 2009
Zoom Media Corp., a New York-based provider of digital out-of-home media in health and fitness venues, has acquired Gym Screen Media, a rival company with 160 UK venues. No financial terms were disclosed. Zoom Media raised around $30 million earlier this year from ABS Capital Partners.
3 min read · 04 November 2009
ClearOne (Nasdaq: CLRO) has acquired NetStreams, an Austin, Texas-based maker of networked entertainment systems based on IP technology. No financial terms were disclosed. NetStreams had raised over $27 million in VC funding led by Austin Ventures.
3 min read · 04 November 2009
