Sopherion Therapeutics LLC, a Princeton, N.J.-based developer of anti-cancer therapeutics, has raised $55 million in Series C funding led by Zoticon BioVentures. It previously raised $73 million, from firms like Sprout Group, ProQuest, Canaan Partners, HealthCap, NewSpring Ventures, Commerce Health Ventures and Seaflower Ventures.
2 min read · 20 February 2009
Yuval Baharav is leaving Sequoia Capital, where he has been a partner in the firm’s Israel office since 2007, peHUB has learned. No word yet on his future plans. Prior to joining Sequoia, Baharav was a general manager of corporate development and strategy at Amdocs. Before that, he worked with the Shlomo Ben-Haim Group, Koor Technlogies Camelot Inc. www.sequoiacap.com
1 min read · 19 February 2009
Tremor Media, a New York-based online video advertising network, has raised $18 million in Series C funding. Meritech Capital Partners led the round along, and was joined by return backers Canaan Partners, Masthead Venture Partners and European Founders Fund. The company had previously raised over $20 million.
3 min read · 19 February 2009
RedShift Systems Corp., a Burlington, Mass.-based provider of thermal imaging technology, has raised $6 million in second-round funding. Emerson (NYSE: EMR) led the round, and was joined by return backers like Alta Partners, InterWest Partners, Technology Venture Partners and Vesbridge Partners.
2 min read · 19 February 2009
3 min read · 19 February 2009
Digini Inc. and Vyk Games have merged to form Blade Games Inc., a company that will provide both game development systems and outsourcing services. It will be led by former Digini CEO Tony Garcia, with former Vyk CEO serving as president. Digini had raised a small amount of funding from California Technology Ventures, while Vyk had raised capital from China Seed Ventures.
3 min read · 19 February 2009
Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has acquired Mirage Networks Inc., an Austin, Texas-based provider of network access control technology. No financial terms were disclosed. Trustwave has raised $10 million from FTV Capital, while Mirage had raised over $50 million from firms like Adams Capital Management, CenterPoint Venture Partners, StarTech Early Ventures, Rembrandt Venture Partners and Trinity Ventures.
3 min read · 19 February 2009
1 min read · 19 February 2009
Genocea Biosciences, a Cambridge, Mass.-based developer of prophylactic and therapeutic vaccines, has raised $23 million in Series A funding. S.R. One, the VC arm of GlaxoSmithKline, led the round, and was joined by Auriga Partners, Cycad Group and Alexandria Real Estate Equities. Returning seed backers include Lux Capital Management, Polaris Venture Partners and Morningside Ventures.
3 min read · 19 February 2009
FOI, a Japanese semiconductor equipment maker specializing in etching equipment, has raised an undisclosed amount of VC funding from ePlanet Ventures.
3 min read · 19 February 2009
