Santur Corp., a Fremont, Calif.-based provider of tunable solutions and parallel array devices, has raised $13 million in fifth-round funding. Return backers include Sequoia Capital and VantagePoint Venture Partners. The company has now raised approximately $100 million in total VC funding since its 2000 formation, from Sequoia, VPVP, Lighthouse Capital Partners, Menlo Ventures and Thomas Weisel Venture Partners.
3 min read · 29 July 2009
Akebia Therapeutics Inc., a Cincinnati-based developer of small-molecule drugs for anemia and vascular disorders, has raised $16 million in new Series A funding. The round total is now $25 million. Novartis Bioventures and Venture Investors co-led the extension, and were joined by return backers Triathlon Medical Ventures, Kearny Venture Partners, Athenian Venture Partners and Sigvion Capital.
3 min read · 29 July 2009
Coda Automotive, a Santa Monica, Calif.-based electric car and battery company, has raised $24 million in Series B funding. Return backers include the Angeleno Group and company founder Miles Rubin. New investors include Mac Heller (Coda co-chair), Kevin Czinger (Coda president and CEO), Hank Paulsen (former U.S. Treasury Secretary), John Bryson (ex-Edison Int'l CEO), Mack McLarty (former chief of staff for President Clinton) and Thomas Steyer (founder of Farallon Capital Management).
3 min read · 29 July 2009
Dormir Inc., a Carmel, Ind.-based provider of sleep diagnostic services and equipment, has raised $12 million in Series A funding. CHL Medical Partners led the round, and was joined by Noro-Moseley Partners and Excel Venture Management.
3 min read · 29 July 2009
LibreDigital Inc., an Austin, Texas-based provider of an online warehouse and distribution platform for book and newspaper publishers, has raised $15 million in Series B funding. Triangle Peak Partners and return backer Adams Capital Management co-led the round, and were joined by existing shareholders HarperCollins Publishers, The New York Times Co. and Noro-Moseley Partners.
3 min read · 29 July 2009
Lingotek, a Salt Lake City-based developer of collaborative translation technology, has raised an undisclosed amount of new funding. Return backers include In-Q-Tel, Canopy Ventures and Flywheel Ventures.
3 min read · 28 July 2009
Astoria Software, a San Francisco-based provider of enterprise solutions for SaaS/on-demand XML component content management, has raised an undisclosed amount of new VC funding. Return backers include Goldman Sachs, Prism VentureWorks, Blueprint Ventures and Ticonderoga Capital.
3 min read · 28 July 2009
Cerulean Pharma Inc. , a Cambridge, Mass.-based developer of nanoparticle-based drugs, has raised $10 million in Series B-1 funding. Return backers include Polaris Venture Partners, Venrock, Lux Capital and Bessemer Venture Partners. The company had previously raised around $20 million, and last month signed a worldwide licensing agreement for a drug delivery technology and clinical-stage oncology product candidate developed by Calando Pharmaceuticals Inc., a majority-owned subsidiary of Arrowhead Research Corp. (Nasdaq: ARWR).
3 min read · 28 July 2009
Solicore Inc., a Lakeland, Fla.-based maker of ultra-thin, flexible lithium polymer batteries, has raised $12.2 million in the first tranche of its Series D round. It plans to add another $1.1 million within the next several weeks. Rogers Corp. led the round, and was joined by return backers Draper Fisher Jurvetson, Rho Ventures, Braemar Energy Ventures, OPG Ventures and Firelake Capital.
3 min read · 28 July 2009
aTyr Pharma, a San Diego-based drug company focused on developing a novel class of naturally-occurring protein biologics for therapeutic applications, has raised $12 million in third-round funding. Return backers include Alta Partners, Cardinal Partners and Polaris Ventures. The company has now raised around $24 million.
4 min read · 28 July 2009
