Catheter Connections Inc., a Park City, Utah-based developer of solutions for preventing hospital-acquired infections resulting from catheters, has raised $1.3 million in seed funding from the Kickstar Seed Fund/vSpring Capital.
3 min read · 04 June 2009
The Box, an Israeli developer of content for broadcast entertainment and advertising, has raised "several million dollars" from Greylock Partners.
4 min read · 04 June 2009
2 min read · 04 June 2009
SourceForge (Nasdaq: LNUX) has agreed to acquire Ohloh Corp., a Bellevue, Wash.-based operator of an open source data and information community. No financial terms were disclosed. Ohloh has raised an undisclosed amount of VC funding from Divergent Ventures.
2 min read · 04 June 2009
Fine Point Technologies Inc., a New York-based provider of tools for broadband network connectivity management, has acquired German telecom integrator Sonic Telecom GmbH from private equity firm Access Point LLC. No pricing terms were disclosed. Fine Point has raised VC funding from Edison Venture Fund.
2 min read · 04 June 2009
Computer Associates Inc. (Nasdaq: CA) has acquired most of the assets of San Jose, Calif.-based cloud computing company Cassatt Corp. No financial terms were disclosed for the deal, although VentureWire reports that Cassatt had been on the verge of bankruptcy. Cassatt had raised more than $76 million in VC funding since 2003, from firms like New Enterprise Associates, Warburg Pincus, Hewlett-Packard and Quatris Fund.
3 min read · 04 June 2009
Frazier Healthcare Ventures has made four promotions: Brian Morfitt and David Kosloff to principal and Steven Tallman and Joseph Whitters to operating partners.
4 min read · 04 June 2009
RingRevenue Inc., a Santa Barbara, Calif.-based provider of a pay-per-call platform for the affiliate network market, has raised $3.5 million in Series A funding. GRP Partners led the round, and was joined by Rincon Venture Partners and Great Pacific Capital.
3 min read · 03 June 2009
1 min read · 03 June 2009
Medtronic Inc. (NYSE: MDT) has acquired substantially all the glucose monitoring assets from PreciSense AS of Denmark. No financial terms were disclosed. PreciSense has raised a small amount of VC funding from firms like Novo AS and the Danish Growth Fund.
2 min read · 03 June 2009