Private Equity
Good Data, a San Francisco-based SAS cloud computing startup, has raised another $2.5 million in first-round funding. The round total is now $5 million.Andreessen Horowitz led the tranche, joining General Catalyst Partners and O’Reilly AlphaTech Ventures. Marc Andreessen and Ben Horowitz had previously been angel investors in Good Data.
2 min read · 15 October 2009
Envoy Therapeutics Inc., a Jupiter, Fla.-based drug development startup focused on neurological and psychiatric diseases, has raised $8 million in Series A funding. 5AM Ventures led the round, and was joined by Takeda Research Investment and Roche Venture Fund.
2 min read · 15 October 2009
Spigit, a Pleasanton, Calif.-based provider of an enterprise management platform, has raised $10 million in equity funding from Warburg Pincus.
3 min read · 15 October 2009
New Enterprise Associates has promoted Ravi Viswanathan to general partner, and promoted Frank Torti to principal. Viswanathan joined the firm in 2004, and focused on energy and IT investments, while Torti joined in 2007 to work on healthcare deals.
3 min read · 15 October 2009
Biocartis SA, a Swiss molecular and immunodiagnostics startup, has raised €10 million in Series A funding. Aescap Venture led the round, and was joined by Biovest, KBC Private Equity, Advent Venture Partners and seed backer Benaruca.
3 min read · 15 October 2009
Christopher Stone, a former senior executive with Novell, has joined Salt Lake City-based Epic Ventures as a managing director.In other Epic news, 16-year firm vet Todd Stevens will transition from a managing director to a venture partner role.
3 min read · 15 October 2009
Amarin Corp. (Nasdaq: AMRN), an Ireland-based developer of cardiovascular and CNS drugs, has agreed to raise $70 million in PIPE financing. raise up to $60 million in PIPE funding. New backers include Abingworth Management led the new investors, which also included APG Asset Management, Great Point Partners, RA Capital and Tavistock Life Sciences. Return backers -- who participated in a PIPE last year -- include Fountain Healthcare Partners, Longitude Capital, Sofinnova Ventures and OrbiMed Advisors.
2 min read · 14 October 2009
Shazam Entertainment Ltd., a London, UK-based developer of music recognition technology, has raised an undisclosed amount of Series D funding from Kleiner Perkins Caufield & Byers. It previously raised over $18 million from firms like DN Capital, Acacia Capital and IDG Ventures Europe.
4 min read · 14 October 2009
Ooyala Inc., a Mountain View, Calif.-based online video and advertising platform, has raised $10 million in Series C funding. Rembrandt Ventures led the round, and was joined by return backer Sierra Ventures. The company has now raised around $20 million.
2 min read · 14 October 2009
Integrated Diagnostics, a Seattle-based deveoper of preventative and personalized diagnostics using genomic and proteomic technologies, has raised $30 million in Series A funding. Interwest Partners led the round, and was joined by The Wellcome Trust andDievini Hopp Biotech Holding. The company was founded by Amgen founder Leroy Hood.
6 min read · 14 October 2009