ExactTarget, an Indianapolis-based maker of email marketing software, has raised $70 million in new VC funding. Battery Ventures led the round, and was joined by Scale Venture Partners and return backer Montagu Newhall. The release does not mention Insight Venture Partners, which held a 35% stake in ExactTarget. In related news, ExactTarget also withdrew registration for an IPO.
5 min read · 06 May 2009
Synageva BioPharma Corp., a Waltham, Mass.-based developer of protein therapeutics, has raised $3 million in additional sixth-round funding, bringing the round total to over $33 million. New backers include Hunt BioVentures and Yasuda Enterprise Development. Prior to this round, the company had raised over $50 million from firms like Baker Brothers Investments, Tullis Dickerson and Four Partners. www.syngeva.com
1 min read · 06 May 2009
SeeWhy Inc., an Andover, Mass.-based provider of real-time analystics on los ecommerce customers, has raised $4.5 million in second-round funding. Scottish Enterprise was joined by return backers Logispring, Pentech Ventures and Delta Partners.
3 min read · 06 May 2009
IBM has acquired the assets of Exeros, a Santa Clara, Calif.-based maker of data discovery software. No financial terms were disclosed. Exeros had raised around $19 million in VC funding, from firms like AllianceBernstein, Bay Partners and Globespan Capital Partners.
3 min read · 06 May 2009
Autonomic Technologies Inc., a Menlo Park, Calif.-based maker of neurostimulators, has raised $20 million in Series B funding. InterWest Partners led the round. The company previously raised a $5 million Series A round from Kleiner Perkins Caufield & Byers and The Cleveland Clinic.
4 min read · 06 May 2009
Silicon Valley Technology Center has raised $34 million in new equity funding from existing backers Oak Hill Capital Partners and Tallwood Venture Capital, who bought the company in 2007 for approximately $53 million in cash from Cypress Semiconductor. SVTC gives startups and established companies the opportunity to develop and characterize novel silicon-based technologies cost effectively using a shared R&D environment.
3 min read · 06 May 2009
2 min read · 06 May 2009
Deeya Energy Inc., a Fremont, Calif.-based developer of elecgtrical energy storage platforms, has raised $30 million in Series C funding. Technology Partners led the round, and was joined by return backers BlueRun Ventures, Draper Fisher Jurvetson, Element Partners and New Enterprise Associates. Deeya has now raised more than $53 million in total VC funding since 2003.
3 min read · 06 May 2009
nGenera Corp., an Austin, Texas-based provider of on-demand enterprise software, has held a $10 million first close on its Series C round, from backers like Foundation Capital and Oak Investment Partners. The company previously raised over $70 million, from Foundation, Oak, Hummer Winblad Venture Partners and Powershift Group.
3 min read · 06 May 2009
1 min read · 05 May 2009
