2 min read · 01 July 2009
1 min read · 30 June 2009
ProCertus BioPharm Inc., a Madison, Wisc.-based developer of drugs to treat the side effects of chemotherapy and radiotherapy on cancer patients, has raised $2.1 million in new VC funding. Return backers include Novartis Venture Fund and Venture Investors LLC.
2 min read · 30 June 2009
Catalyst Biosciences Inc., a South San Francisco-based developer of engineered proteases, has signed an exclusive worldwide collaboration agreement with Wyeth (NYSE: WYE), related to Factor VIIa products to treat hemophilia and other bleeding conditions. Under terms of the deal, Catalyst will receive a $21 million up-front payment, with the potential to earn over $500 million via research funding and milestone payments. Catalyst previously had raised around $83 million, frfom firms like Burrill & Co., Essex Woodlands Health Ventures, HealthCare Ventures, Johnson & Johnson Development Corp., Morgenthaler Ventures, Novartis BioVentures and Sofinnova Ventures.
3 min read · 30 June 2009
Vivacta, a UK-based developer of a blood-drop test for thyroid functionality, has raised $4.5 million in new VC funding. Return backers included AGF Private Equity, HBM Bioventures, Spark Ventures and Viking Technologies.
3 min read · 30 June 2009
Sense Networks Inc., a New York-based provider of real-time location analytics, has raised $6 million in Series B funding led by Intel Capital.
2 min read · 30 June 2009
MojoPages, a Solana Beach, Calif.-based local search startup, has raised $5 million in Series A funding. Austin Ventures led the round, with venture partner Mike Dodd joining the MojoPages board of directors.
3 min read · 30 June 2009
Small Bone Innovations has raised $108 million in Series D funding. New investors include Goldman Sachs, Khazanah Nasional Berhad, Malaysian Technology Development Corp. and The Family Office of Bahrain, and certain other substantial investors. Return backers include Trevi Health Ventures, NGN Capital, 3i Group, and TGap Ventures. SBI was formed in May 2004 by the principals of Viscogliosi Brothers LLC, to develop and acquire technologies in the small bone and joined sector.
3 min read · 30 June 2009
GridPoint Inc., an Arlington, Va.-based smart-grid company, has acquired Lixar’s Ottawa-based energy management business. No financial terms were disclosed. GridPoint has raised around $220 million in total VC funding, from firms like Goldman Sachs, New Enterprise Associates, Susquehanna Private Equity, Perella Weinberg Partners and Robeco.
4 min read · 30 June 2009
High Gear Media, a Palo Alto, Calif.-based publisher of automotive digital media, has raised $5.5 million in Series B funding. DAG Ventures led the round, and was joined yb return backers Accel Partners and Greylock Partners. The company previously raised a $6.5 million Series A round in November 2007.
3 min read · 30 June 2009