miRagen Therapeutics Inc., a Boulder, Colo.-based developer of microRNA therapeutics for cardiovascular and muscle diseases, has raised $4 million in new Series A funding, bringing the round total to $12 million. Amgen Ventures, Broadview Ventures and The Peierls Foundation joined existing shareholders Atlas Venture and Boulder Ventures.
3 min read · 02 June 2009
NetLogic Microsystems Inc. (Nasdaq: NETL) has agreed to acquire fabless semiconductor company RMI Corp. (Raza Microelectronics), for approximately $184 million (mostly in NetLogic stock). RMI has raised around $152 million in VC funding since 2004, from firms like Benchmark Capital, DAG Ventures, Kodiak Venture Partners, Raza Foundries, Advanced Equities and Warburg Pincus.
8 min read · 02 June 2009
Apieron Inc., a Menlo Calif.-based medical device developer, has raised an undisclosed amount of Series D funding. Reports last year indicated that the company had been seeking upwards of $25 million, while a regulatory filing put the target at $16 million. Return backers included Onset Ventures, Alliance Technology Ventures, Canaan Partners and Draper Fisher Jurvetson. The company had previously raised around $43 million.
3 min read · 02 June 2009
Polatis Inc., a UK-based provider of all-optical switch technology, has raised $8 million in new VC funding. Return backers include 3i Ventures, Alta-Berkeley Ventures, DFJ Esprit, Flagship Ventures, Gainesborough & Peponi Investments, JK&B Partners and Massachusetts Technology Development Corp. The company had previously raised over $23 million in VC funding.
3 min read · 02 June 2009
Cloudera, a Burlingame, Calif.-based provider of services and support for open-source software Hadoop, has raised $6 million in Series B funding. Greylock Partners led the round, and was joined by return backer Accel Partners. Cloudera previously raised $5 million. www.cloudera.com
3 min read · 02 June 2009
Sugar Inc., a San Francisco-based blog publisher, has raised $16 million in VC funding from return backer Sequoia Capital. The company also announced that it has bought back shares from past investor NBC Universal Digital Media, and has acquired video-powered fashion marketplace Shopflick.com.
2 min read · 02 June 2009
WiSpry Inc., an Irvine, Calif.-based provider of programmable RF semiconductor products for the wireless market, has held a $10 million second close on a $20 million Series C funding round. Chart Venture Partners and Acadia Woods Partners provided the new tranche. Prior backers include Paladin Capital Group, MuRata Manufacturing Co., L Capital Partners, Blueprint Ventures, American River Ventures, In-Q-Tel, Tech Coast Angels and Shepherd Ventures.
3 min read · 02 June 2009
Endoscopic Technologies Inc., a San Ramon, Calif.-based provider of cardiac surgery devices, has raised $8 million in new VC funding. This is the second tranche of a round that held an $11.2 million first close last year. NBGI Ventures led the tranche, and was joined by return backers Saints Capital Everest, Telegraph Hill Partners and Waveland Venture Partners.
4 min read · 02 June 2009
Hospitalists Now Inc., an Austin, Texas-based provider of hospitalist services, has raised $3.5 million in Series A funding from Santé Ventures.
2 min read · 02 June 2009
Versartis Inc., a Redwood City, Calif.-based developer of therapeutic proteins for the treatment of metabolic diseases and endocrine disorders, has raised $11 million in Series A funding from Index Ventures. Under terms of the agreement, Index has the option to invest an additional $5 million. Versartis has been formed as a joint venture of Index and Amunix Inc., "to exploit the clinical potential of novel drugs using Amunix's recombinant PEGylation (rPEG) technology."
3 min read · 02 June 2009
