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VCJ Staff

Trellia Networks Adds $2 Million

Trellia Networks, a Montreal-based provider of mobile policy management software, has raised US$2 million from return backers Skypoint Capital and BDR Capital.

2 min read · 22 January 2009

SAManage Raises First Round

SAManage, a Seattle-based provider of SaaS IT management solutions, has raised an undisclosed amount of first-round funding led by Xenia Venture Capital.

2 min read · 22 January 2009

Crux Biomedical Raises Series B

Crux Biomedical Inc., a Menlo Park, Calif.-based developer of a device for treating and preventing pulmonary embolisms, has raised around $8 million in Series B funding, according to VentureWire. Return backers include Alloy Ventures and Thomas Fogarty. www.cruxbiomedical.com

1 min read · 22 January 2009

Actimis Spinout Raises $3 Million

Axikin Pharmaceuticals Inc., a San Diego-based developer of small-molecule therapeutics for respiratory and inflammatory diseases, has raised $3 million in Series A funding. Sanderling Ventures led the round, and was joined by Mitsui & Co. Venture Partners. Axikin was formed as a spinout from Actimis Pharmaceuticals.

3 min read · 22 January 2009

TPI Composites Raises $20 Million

TPI Composites Inc., a Scottsdale, Ariz.-based provider of wind turbine blades to Mitsubishi Power Systems and General Electric, has raised $20 million in Series B funding. Backers include GE, Landmark Growth Capital Partners, NGP Energy Technology Partners and Angeleno Group.

4 min read · 22 January 2009

Srinivas Akkaraju Turns Over New Leaf

Srinivas Akkaraju has joined New Leaf Venture Partners as a managing director and head of the firm’s West Coast biopharma practice. He previously was a co-founder and managing director of Panorama Capital.

2 min read · 22 January 2009

Nanogen: Elitech Merger Unlikely To Close

1 min read · 22 January 2009

ABS Capital Promotes Cal Wheaton

2 min read · 22 January 2009

Bluestreak Raises C$5 Million

Bluestreak Technology, a Montreal-based provider of Flash-based players for embedded devices, has raised C$5 million in new VC funding. No investor names were disclosed, but the company has previously raised capital from firms like BDC Venture Capital, Entrepia Ventures, First Capital Group Management and Iris Capital Management.

2 min read · 21 January 2009

OneSeason Raises First Round

OneSeason.com, a San Francisco-based online sports entertainment company, has raised $3.5 million in Series A funding. Charles River Ventures led the round, with partner George Zachary taking a board seat. Other board members include Hot or Not founder James Hong and HRJ Capital’s Ronnie Lott (HRJ is not an investor in OneSeason).

2 min read · 21 January 2009

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