3 min read · 23 June 2009
3 min read · 23 June 2009
Judy Tyler has joined Standish Management, a provider of outsourced accounting infrastructure services to venture capital and private equity firms. She will lead the firm's new Los Angeles office, and previously was CFO of Steamboat Ventures.
2 min read · 23 June 2009
Reductive Labs, a Portland, Ore.-based provider of enterprise It automation solutions, has raised $2 million in Series A funding led by True Ventures.
4 min read · 23 June 2009
I-Therapeutix, a Waltham, Mass.-based, has raised $15 million in Series C funding. Polaris Venture Partners led the round, and was joined by return backers Versant Ventures and SV Life Sciences.
2 min read · 23 June 2009
CoAxia Inc., a Maple Gove, Minn.-based developer of perfusion augmentation therapies to improve outcomes for patients with cerebral ischemia resulting from stroke, has raised $21.5 million in Series D funding. Sofinnova Partners led the round, and was joined by return backers Affinity Capital Management, Baird Venture Partners, Canaan Ventures Partners, Johnson and Johnson Development Corp. and Prism Ventureworks. The company had previously raised around $52 million.
4 min read · 23 June 2009
Zymeworks Inc., a Vancouver-based computational biotech company, has raised C$3.5 million in new VC funding from firms like CTI Life Sciences Fund. No additional financial information was disclosed.
3 min read · 23 June 2009
1 min read · 23 June 2009
Frog Capital has doubled its holdings in SiC Processing AG, a Germany-based service provider of wet separation, treatment and reclamation of used slurry, via a purchase from other shareholders. No seller identities or financial terms were disclosed. SiC Processing previously raised €53.4 million in 2007 from Zouk Ventures, Merrill Lynch CPI Group, CC Private Equity Partners, Masdar Clean Tech Fund, Foursome Investments and the Heckmann family. The company is profitable and with expected 2009 revenue approaching €100 million.
2 min read · 23 June 2009
Alchimer SA, a French provider of wet deposition processes for interconnections in advanced 3D-packaging applications, has raised $10 million in Series D funding. Backers include AGF, CEA Investissement and Emertec Gestion.
3 min read · 23 June 2009
