4 min read · 18 May 2009
4 min read · 18 May 2009
Slacker Inc., a San Diego-based maker of portable music devices, has secured $9.6 million of a $10.2 million third round of venture funding, according to a regulatory filing. It had previously raised $54.5 million from Centennial Ventures, Rho Ventures, Austin Ventures, Mission Ventures and Sevin Rosen Funds. www.slacker.com
1 min read · 15 May 2009
Minyanville Media Inc., a New York-based operator of a financial news and information website, has raised over $2 million in venture funding, according to a regulatory filing. No investor information was disclosed. The company also said that it may raise as much as $13 million, “depending on a investment by a specific potential strategic partner.” www.minyanville.com
1 min read · 15 May 2009
Texas Instruments has acquired Luminary Micro Inc., an Austin, Texas-based maker of microcontrollers. No financial terms were disclosed. Luminary Micro had raised around $39 million in VC funding from Adams Street Partners, New Enterprise Associates, EXA Ventures and ATA Ventures.
3 min read · 15 May 2009
Anaphore Inc., a developer of protein therapeutics to address cancer and immune-mediated diseases, has raised $13 million in additional Series A funding, bringing the round total to $38 million. SR One and Merck Serono Ventures were joined by return backers 5AM Ventures, Apposite Capital and Versant Ventures.
3 min read · 15 May 2009
iRhythm Technologies Inc., a San Francisco-based developer of a cardiac monitoring device, has raised $6.53 million in new VC funding, according to a regulatory filing. Return backers include Mohr Davidow Ventures, Synergy Life Science Partners, Stanford University and the UNC Kenan-Flagler Private Equity Fund. It had previously raised $12.5 million, plus a $10,000 business plan competition. www.irhythmtech.com
1 min read · 15 May 2009
Alan Crane has been named a general partner with Polaris Venture Partners. He has been a venture partner with the firm since 2002, during which time he has served as CEO of both Cerulean Pharmaceuticals and Momenta Pharmaceuticals.
2 min read · 14 May 2009
Orasi Medical Inc., an Edina, Minn.-based maker of diagnostic tests for the efficacy of compounds that treat neurological diseases, has raised $3.5 million in Series B funding. Return backers include CentreStone Ventures and PrairieGold Venture Partners.
2 min read · 14 May 2009
Aha Mobile Inc., a Palo Alto, Calif.-based maker of a mobile app that provides information to drivers, has raised $3 million in VC funding from Venrock.
3 min read · 14 May 2009