SOMARK Innovations Inc., a St. Louis-based developer of chipless RFID tattoos for animal identification, has raised an undisclosed amount of new VC funding. Finistere Ventures and T2 Venture Capital co-led the round, and were joined by Med-Pharmex Animal Health and the St. Louis Arch Angels.
3 min read · 03 February 2009
Radialpoint, a Canadian provider of managed Internet security to ISPs, has acquired the assets of HiWired Inc., a Needham, Mass.-based provider of technology support services to ISPs. No financial terms were disclosed. HiWired had raised over $17 million in VC funding since 2005, from firms like Kodiak Venture Partners, North Hill Ventures and Sigma Partners. Radialpoint last year sold a minority ownership stake to TA Associates.
2 min read · 02 February 2009
Millipore Corp. (NYSE: MIL) has agreed to acquire Guava Technologies, a Hayward, Calif.–based provider of bench-top cell analysis systems. The deal is valued at $22.6 million. Guava has raised around $60 million in VC funding since 2000, from firms like Granite Global Ventures, HLM Venture Partners, Skyline Ventures and Abingworth Management.
3 min read · 02 February 2009
RNA Networks, a Portland, Ore.-based provider of memory virtualization software, has raised $7 million in Series A funding led by Menlo Ventures.
2 min read · 02 February 2009
Roadrunner Transportation Services Inc., a Cudahy, Wis.-based provider of non-asset based transportation and logistics services, has raised $12 million in Series B funding, according to a regulatory filing. The company is currently in registration for a $150 million IPO, and has backing from firms like Thayer | Hidden Creek Entities, Eos Partners and American Capital Strategies. www.rdfs.com
1 min read · 02 February 2009
1 min read · 02 February 2009
3 min read · 02 February 2009
1 min read · 02 February 2009
Space-Time Insight Inc., a Fremont, Calif.-based provider of software that offers real-time visual and temporal analysis of a company's operating status overlaid on satellite images, has raised an undisclosed amount of Series A funding from Opus Capital.
3 min read · 02 February 2009
Siemens Venture Capital has agreed to acquire a 20% stake in Maxxtec AG, a German provider of waste-heat systems and organic rankine cycle modules for biomass and industrial applications. The deal is valued at approximately €10 million, and is SVC’s first transaction from its new growth capital practice. www.maxxtec.net
1 min read · 02 February 2009
