OMGPOP (f.k.a. I’minlikewithyou), a New York-based social gaming studio, has raised $5 million in Series B funding. Bessemer Venture Partners led the round, and was joined by return backers Baseline Ventures and Spark Capital. www.omgpop.com
1 min read · 11 March 2009
CircuLite Inc., a Saddle Brook, N.J.-based developer of minimally-invasive devices for long-term partial circulatory support, has secured $23.5 million in Series C commitments from insiders, for a round designed to raise a minimum of $33 million. The remainder is expected to come from outsiders. Forbion Capital Partners led the tranche (or which $10.5 is called down), and was joined by Crédit Agricole Private Equity, Foundation Medical Partners and Oxford Bioscience Partners.
4 min read · 11 March 2009
1 min read · 11 March 2009
Cotendo, a San Carlos, Calif.-based content delivery network, has raised $7 million in Series B funding from Benchmark Capital and return backer Sequoia Capital.
3 min read · 11 March 2009
SuperSecret Inc., a San Francisco-based developer of online social games for tweens, has raised $10 million in Series A funding. Opus Capital led the round, with partner Ken Elefant taking a board seat.
3 min read · 11 March 2009
Royal Dutch Shell has increased its equity stake in Codexis Inc., a developer of industrial biocatalysts, including enzymes and microbes. No financial terms were disclosed for the deal, which was part of a larger strategic arrangement. Codexis last year canceled plans for a $100 million IPO. At the time, it had raised over $80 million from CCTV Investments, CMEA Ventures, Pequot Capital, Pfizer, Maxygen and Bio*One Capital.
3 min read · 11 March 2009
Auditude, a Palo Alto, Calif.-based online video management and advertising platform, has raised $10.5 million in second-round funding. Redpoint Ventures led the round, and was joined by return backer Greylock Partners. The company previously raised $4.87 million.
4 min read · 11 March 2009
1 min read · 10 March 2009
Pappas Ventures has closed its fourth fund with $102 million in capital commitments. The Durham, N.C.-based firm focuses on product-oriented biopharma companies and medical technologies. Pappas also announced that it promoted Rosina Maar Pavia and Sean McCarthy to partner and senior principal, respectively. Partner Arthur Klausner will leave the firm later this year.
2 min read · 10 March 2009
1 min read · 10 March 2009