PhotoThera Inc., a Carlsbad, Calif.-based developer of transcranial laser therapy for the treatment of acute ischemic stroke, has raised $50 million in Series D funding led by Warburg Pincus.
3 min read · 01 May 2009
Trend Micro Inc. (TSE: 4704) has agreed to acquire Third Brigade, an Ottawa-based maker of security and compliance software. No financial terms were disclosed for the deal, which is expected to close later this quarter. Third Brigade has raised over $16 million in VC funding from firms like Summerhill Venture Partners, Celtic House Venture Partners and BDC Venture Capital.
5 min read · 30 April 2009
Stageline Group, a Canadian maker of hydraulic covered mobile stages, has raised C$4 million in VC funding from the Caisse de dépôt et placement du Québec. www.stageline.com
3 min read · 30 April 2009
Everbridge (f.k.a. 3n Global), a Los Angeles-based provider of incident notification systems, has raised $2 million in additional Series A funding from return backer ABS Ventures. The round total is now $9 million, including a $7 million first tranche from May 2008.
2 min read · 30 April 2009
IMShopping, a Santa Clara, Calif.-based developer of a Twitter-based online shopping service, has raised $4.7 million in Series A funding from SK Telecom.
3 min read · 30 April 2009
Likewise Software, a Bellevue, Wash.-based provider of open-source identity management solutions, has raised $10 million in third-round funding. Return backers include Ignition Partners, Intel Capital and Trinity Ventures. It has now raised $27.5 million since 2006. www.likewise.com
1 min read · 30 April 2009
Dayna Grayson, a principal with North Bridge Venture Partners, reportedly has been named acting CEO of Viximo, a Cambridge, Mass.-based provider of virtual goods solutions for social networks, online dating and social gaming sites. Viximo is a portfolio company of both North Bridge and Sigma Partners. www.viximo.com
1 min read · 30 April 2009
Arkadin SA, a Paris, France-based provider of audio and data conferencing services, has raised €5 million in new VC funding led by UFG Private Equity. Other company backers include Apax Partners and CDC Innovation. Arkadin also secured €15 million in senior debt from a banking syndicate.
3 min read · 30 April 2009
Paylon Medical Corp., a New York-based developer of implantable drug delivery systems, has raised $21 million in Series A funding. Baird Venture Partners led the round, and was joined by Hambrecht & Quist Capital Management, Fountain Healthcare Partners, BB Biotech Ventures, Cross Atlantic Partners and Arcus Ventures.
2 min read · 29 April 2009
Web.com (Nasdaq:WWWW) has acquired substantially all the assets and select liabilities of Solid Cactus, a Shavertown, Penn.-based builder of e-commerce sites. No financial terms were disclosed. Solid Cactus raised $450,000 in seed funding last year led by Ben Franklin Technology Partners.
4 min read · 29 April 2009
