Boundless Network Inc., an Austin, Texas-based promotional merchandising company, has acquired Venture Marketing, a Richmond, Va.-based distributor. No financial terms were disclosed. Boundless has raised VC funding from firms like Austin Ventures and Silverton Partners.
2 min read · 07 April 2009
Fusion-io, a Salt Lake City-based developer of enterprise solid-state architecture and high performance I/O solutions, has $47.5 million in Series B funding. Lightspeed Venture Partners led the round, and was joined by return backers Dell Ventures, Sumitomo Ventures and New Enterprise Associates. The company previously raised $19 million.
4 min read · 07 April 2009
EnergyHub, a Brooklyn, N.Y.-based provider of home energy management solutions, has raised an undisclosed amount of Series A funding co-led by .406 Ventures and Physic Ventures.
3 min read · 07 April 2009
Pyxis Technology Inc., an Austin, Texas-based provider of auto-routing software for IC developers, has raised $3 million in third-round funding. Return backers include Austin Ventures, CMEA Ventures, Formative Ventures and KT Venture Group.
3 min read · 07 April 2009
Fisker Automotive Inc., an Irvine, Calif.-based electric car maker, said that it has raised $85 million in Series D funding from Eco-Drive (Capital) Partners and return backer Kleiner Perkins Caufield & Byers. This follows up on around $80 million in prior funding, including a $68.5 million Series C round for which peHUB recently found a regulatory filing. Other Fisker shareholders include Palo Alto Investors and Al Ghaffara Investment Co. (Quatar).
2 min read · 07 April 2009
Teradici Corp., a Burnaby, B.C.-based fabless semiconductor company focused on solutions for next-generation computer form factors, has raised US$17 million in Series C funding. Telus Ventures led the round, and was joined by return backers Alloy Ventures, Working Opportunity Fund, Skypoint Capital, BDC Venture Capital and Alta Berkeley Venture Partners. The company had previously raised $28 million. www.teradici.com
3 min read · 07 April 2009
Sunesis Pharmaceuticals Inc. (Nasdaq: SNSS) has agreed to raise $43.5 million via a private placement of convertible preferred stock, common stock and common stock warrants. Investors include Bay City Capital, New Enterprise Associates, Alta Partners, Caxton Advantage Life Sciences Fund, Merlin Nexus, Nextech Venture, OpusPoint Partners, Venrock and Vision Capital Advisors.
5 min read · 07 April 2009
Knewton, a New York-based online education company, has raised $6 million in Series B funding. Bessemer Venture Partners led the round, and was joined by return backers Accel Partners, First Round Capital, Reid Hoffman and Peter Stern (Datek co-founder and CTO). Knewton is run by Jose Ferreira, a former partner with New Atlantic Ventures. Before that, he was managing director of new markets for Kaplan Inc.
4 min read · 07 April 2009
1 min read · 07 April 2009
WiSpry Inc., an Irvine, Calif.-based provider of programmable RF semiconductor products for the wireless market, has held a $10 million first close on its Series C funding round. An additional $5 million in expected this summer. Paladin Capital Group led the round, and was joined by MuRata Manufacturing Co. and return backers L Capital Partners, Blueprint Ventures, American River Ventures, In-Q-Tel, Tech Coast Angels and Shepherd Ventures.
4 min read · 07 April 2009