Private Equity
Netpulse, a San Francisco-based interactive media platform for fitness centers, has raised $3.1 million in Series A funding. Javelin Venture Partners led the round, and was joined by DFJ Frontier.
4 min read · 27 October 2009
Evolva SA, a Swiss biotech company that uses a genetic chemistry platform to developer small molecule drugs, has raised CHF28 million ($27.5m) in Series B funding. Wellington Partners and return backer Aravis co-led the round, and were joined by new investors Auriga Partners and Vinci Capital – Renaissance PME. The investment is a precursor to Evolva's planned reverse merger with Arpida Ltd., which is listed on the Swiss stock exchange (SIX: ARPN). Evolva has raised around $20 million in VC funding from firms like Novartis Venture, Aravis, Sunstone Capital and Dansk Innovationsinvestering.
3 min read · 27 October 2009
Cisco has agreed to acquire ScanSafe, a London-based provider of online security-as-a-service solutions, for approximately $183 million in cash and retention-based incentives. ScanSafe had raised around $43.5 million in VC funding, from firms like Montagu Newhall Associates, Balderton Capital and Scale Venture Partners.
3 min read · 27 October 2009
ResponseLogix Inc., a Sunnyvale, Calif.-based provider of automotive digital response management software, has raised $5.6 million in new VC funding. Emergence Capital Partners led the round, and was joined by return backers GRP Ventures, Shasta Ventures, Belo Corp. and AH Belo Corp.
3 min read · 26 October 2009
1 min read · 26 October 2009
Granite Ventures has promoted Chris McKay to managing director. He serves as a director with Arcot Systems, Lucid Imagination, Sendmail and Symplified.
1 min read · 26 October 2009
Becton, Dickinson and Co. (NYSE: BDX) has agreed to acquire HandyLab Inc., an Ann Arbor, Mich.-based maker of molecular diagnostic assays and automation platforms. No financial terms were disclosed. HandyLab had raised nearly $44 million in VC funding, from firms like EDF Ventures, Ardesta, Arboretum Ventures, Pfizer Strategic Investments, Wolverine Venture Fund, Dow Ventures and Lurie Investments
2 min read · 26 October 2009
1 min read · 26 October 2009
PacketMotion Inc., a San Jose, Calif.-based provider of user activity management solutions for IT audit and compliance efficiency, has raised $5 million in Series C funding. Reservoir Venture Partners led the round, and was joined by return backers Intel Capital, Onset Ventures and Mohr Davidow Ventures. The company has now raised $39.5 million in total VC funding since 2004.
3 min read · 26 October 2009
Aviary Inc., a Long Island-based provider a software application suite in the cloud, has raised $7 million in Series B funding. Spark Capital led the round, and was joined by return backers like Bezos Expedition.
2 min read · 26 October 2009
