Pharmaca Integrative Pharmacy Inc., a Boulder, Colo.-based retail chain of integrative pharmacies, has secured $6.55 million of an $8.39 million Series G round, according to a regulatory filing. The company previously raised around $44 million, from firms like Highland Capital Partners, Highland Consumer Fund and Physic Ventures. www.pharmaca.com
1 min read · 17 August 2009
Aviza Technology Inc., a Scotts Valley, Calif.-based provider of semiconductor capital equipment and process technologies, has agreed to sell certain assets to Sumitomo Precision Products Co. Ltd. The deal includes $10 million at closing, and up to $41 million in earn-outs. Aviza filed for Chapter 11 bankruptcy protection in June. It had become a public company via a reverse merger in 2005, but VC backer VantagePoint Venture Partners still held a significant stake.
5 min read · 17 August 2009
Edo Interactive, a Nashville, Tenn.-based provider of digital payment and marketing platforms, has raised $8.5 million in new VC funding. Clayton Associates led the round, and was joined by First Avenue Partners.
3 min read · 17 August 2009
Fluke Networks has agreed to acquire AirMagnet, a Sunnyvale, Calif.-based provider of wireless LAN administration and diagnostic tools. No financial terms were disclosed. AirMagnet has raised around $4 million in VC funding from iD Ventures America, Intel Capital and VenGlobal Capital.
3 min read · 14 August 2009
Riya, a San Mateo, Calif.-based visual search service, will shut down at the end of next week, according to an email sent to users this morning (and first reported by TechCrunch). Riya's parent company had raised around $55 million in VC funding since 2004, including a $32 million Series C round last August. Investors included Bay Partners, BlueRun Ventures, Crosslink Capital, First Round Capital, Leapfrog Ventures and Menlo Ventures. Update: We misinterpretted the original email, assuming it meant that the entire parent company was shutting down. It is not. Big apologies. Here's an email from CEO Munjal Shah: We are not shutting down the company Like.com just the website Riya (Riya is owned by Like.com). The company continues to focus on building Like.com and covet.com (new site we recently launched). Together these sites are generating over $20MM in yearly revenue for us and providing leads that help retailers sell over $100MM in merchandise per year. We will be profitable later this year. In terms of Riya we stopped focusing on the face recognition website years ago and while we had transitioned out focus and company name to Like.com, we had never shut it down until now.
1 min read · 14 August 2009
Z2Live, a Seattle-based developer of a mobile multiplayer game platform, has raised $3 million in new VC funding from Madrona Venture Group. It had raised $1 million in seed funding from Madrona last fall.
3 min read · 13 August 2009
1 min read · 13 August 2009
Crescendo Networks, a provider of Web application acceleration and optimizintion, has raised $5 million in Series D funding. Trilogy Equity Partners was joined by return backers Evergreen Venture Partners, Apax Partners, StageOne Ventures and Challenge Fund. The company had previously raised $36.2 million, and has moved its headquarters from Israel to Menlo Park.
3 min read · 13 August 2009
Jennerex Inc., a San Francisco-based developer of oncolytic virus therapeutics, has raised over $5.1 million in a first close on its Series C round. A second close is expected to occur next month. The company raised $8.3 million in Series B funding last September.
2 min read · 13 August 2009
RenewData, an Austin, Texas-based provider of discovery, archiving and governance solutions for electronically-stored information, has acquired Digital Mandate, a provider of discovery lifecycle management solutions. The acquisition was supported by new equity from existing RenewData shareholders ABS Capital Partners and CIBC Capital Partners. No financial terms were disclosed, but VentureWire puts the investment at $6 million.
3 min read · 13 August 2009
