Live Gamer Inc., a platform that allows online gamers to buy and sell virtual assets with real money, has acquired TwoFish Inc., a provider of virtual economy data solutions for casual gaming and social application developers. No financial terms were disclosed. Live Gamer has raised over $26 million in VC funding, from firms like Charles River Ventures, Kodiak Venture Partners and FirstMark Capital. This includes a $24 million Series B round in late 2007 at a post-money valuation of approximately $60 million. TwoFish has raised around $8.5 million from Triplepoint Capital, Rustic Canyon Partners and Venrock.
4 min read · 24 August 2009
Matthew Nordan has joined Venrock as a vice president. He will focus on energy, environmental and materials tech opportunities out of the firm's Cambridge, Mass. office. He is a co-founder and former president of Lux Research.
3 min read · 24 August 2009
Peter Rothstein has joined the New England Clean Energy Council as a senior vice president, where he will lead the group's clean energy innovation consortia. He previously was an executive-in-residence with Flagship Ventures.
3 min read · 24 August 2009
1 min read · 24 August 2009
1 min read · 24 August 2009
TipJoy, a blogging micropayment startup based in Cambridge, Mass., announced that it is ceasing operations. It had raised $1 million in Series A funding last fall, from Betaworks, The Accelerator Group, Chris Sacca and David Shen Ventures.
2 min read · 24 August 2009
ProFibrix BV, a Dutch developer of products for hemostasis and regenerative medicine, has raised $11 million in Series B funding. Gilde Healthcare Partners led the round, and was joined by return backer Index Ventures.
3 min read · 24 August 2009
Complete Genomics Inc., a Mountain View, Calif.-based human genome sequencing company, has raised $45 million in Series D funding. Essex Woodlands Health Ventures and OrbiMed Advisors were joined by return backers Enterprise Partners Venture Capital, OVP Venture Partners, Prospect Venture Partners and Highland Capital Management. The company has now raised around $90 million in total VC funding since 2006.
4 min read · 24 August 2009
Advantage Capital Partners has raised $55 million for a fund that will focus exclusively on companies based in Illinois. The fund's investments will be made in partnership with the llinois New Markets Development program, while limited partners include First Bank, Southwest Bank (an M&I Bank subsidiary) and U.S. Bancorp’s Community Development Corporation.
3 min read · 24 August 2009
Fanbase, a San Francisco-based operator of an online almanac of pro and college athletes, today announced its public launch. The company also said that it is backed by an undisclosed amount of VC funding from Benchmark Capital.
4 min read · 24 August 2009
