1 min read · 06 July 2009
The NewsMarket, a New York-based video platform for distribution to news organizations, has agreed to acquire Medialink Worldwide Inc. (Nasdaq: MDLK). The deal is valued at $1.28 million, or $0.20 per Medialink share. The NewsMarket has raised over $17 million in VC funding, from firms like Ascend Ventures, Atlantic Coastal Ventures, Apax Partners, Boldcap Ventures, CEI Ventures, Hearst Corp., High Peaks Venture Partners, NYCIC, Softbank Capital Partners and Village Ventures.
3 min read · 02 July 2009
StyleCaster, a New York-based fashion-lifestyle website, has raised $4 million in Series A funding led by Dan Gilbert, founder of Quicken Loans and owner of the Cleveland Cavaliers basketball club.
2 min read · 02 July 2009
1 min read · 02 July 2009
Novast Pharmaceuticals Ltd., a Chinese generic pharmaceutical maker, has raised $25 million in Series C funding, according to VentureWire. SAIF Partners led the round, and was joined by return backers New Enterprise Associates, Qiming Ventures, Eli Lilly & Co. and BioVeda Capital. Novast does not have a website.
1 min read · 02 July 2009
Bling Nation, a Palo Alto, Calif.-based provider of mobile payment solutions, has raised $8 million in Series A funding. Lightspeed Venture Partners led the round with $6.3 million, and was joined by Meck Ltd. and CampVentures.
3 min read · 02 July 2009
2 min read · 02 July 2009
Symetis SA, a Lausanne, Switzerland-based developer of percutaneous valve replacement solutions, has raised CHF 23 million ($21.2m) in new VC funding. Wellington Partners and Vinci Capital–Renaissance co-led the round, and were joined by Banexi Venture Partners and return backers Truffle Capital, Novartis Venture Fund, Aravis Venture and BiomedInvest.
2 min read · 02 July 2009
Vibrant Corp., an Albuquerque, N.M.-based provider of nondestructive testing services for the aerospace manufacturing and maintenance markets, has raised an undisclosed amount of new VC funding led by Verge Fund.
2 min read · 01 July 2009
Sensus has acquired the assets of Telemetric Corp., a Boise, Idaho-based provider of communication solutions for smart grid systems. No financial terms were disclosed. Telemetric had raised around $4 million in VC funding, from firms like Akers Capital, Highway 12 Ventures and Village Ventures.
3 min read · 01 July 2009
