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VC-Backed Bust: Ruckus Network

1 min read · 09 February 2009

OneSpot Raises Series A Funding

2 min read · 09 February 2009

DCM Raising Fund VI

1 min read · 08 February 2009

Golden Gateway Financial Adds $5 Million

Golden Gateway Financial, an Oakland, Calif.-based provider of reverse-mortgage products and services, has raised around $5 million in additional Series A funding led by Menlo Ventures, according to a regulatory filing. Menlo had previously led a $6 million first tranche. www.18004money4.com

1 min read · 06 February 2009

Zadspace Raises First Round

1 min read · 06 February 2009

diaDexus Raises Sixth Round

diaDexus Inc., a South San Francisco-based developer of a blood test for the prediction of cardiovascular disease, has raised around $9.2 million in Series F funding, according to a regulatory filing. Listed shareholders include Scale Venture Partners, GlaxoSmithKline and Baker Brothers Advisors. The company previously raised around $170 million since 2000, from the above firms, Burrill & Co., Rho Ventures, Bain Capital's Brookside Fund and Mosaix Ventures. This included a $40 million Series E round in late 2006. www.diadexus.com

1 min read · 06 February 2009

SynergEyes Raises $13.3 Million

SynergEyes Inc., a Carlsbad, Calif.-based maker of hybrid contact lenses, has raised $13.3 million in Series C funding. De Novo Ventures led the round, and was joined by fellow return backers Alloy Ventures, Delphi Ventures, InnoCal Venture Capital and Windward Ventures. New investor Bio-Star Private Equity Fund also participated. The company previously raised around $28 million.

3 min read · 06 February 2009

Joerg Ueberla Leaving Wellington Partners

1 min read · 06 February 2009

VC-Backed Handmark Buying FreeRange Communications

Handmark Inc., a Kansas City-based provider of mobile phone applications, has agreed to acquire FreeRange Communications, a Portland, Ore.-based provider of a mobile publishing platform. No financial terms were disclosed. Handmark has raised around $11.5 million in VC funding, from firms like Apax Partners, Argnor Wireless Ventures, Borealis Vetures, Motorola Ventures and Village Ventures.

3 min read · 06 February 2009

Zag.com Raises $37.4 Million

Zag.com Inc., a Santa Monica, Calif.-based provider of online auto sales, has raised $37.4 million in fifth-round funding. Insurance company USAA led the round, and was joined by return backers Capricorn Investment Group, GRP Partners and Anthem Venture Partners. The company previously raised over $60 million in VC funding, plus $21 million in venture debt.

3 min read · 05 February 2009

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