MD-IT, a Boulder, Colo.-based provider of medical documentation services and software for physician offices and ambulatory clinics, has raised $11 million in Series B funding from J. Burke Capital Partners.
2 min read · 14 January 2009
Singulex Inc., an Alameda, Calif.-based developer of biomarker diagnostic systems, has raised $19 million in fifth-round funding. Jafco Co. led the round, and was joined by return backers OrbiMed Advisors and Fisk Ventures. The company has now raised around $50 million in total VC funding since 2002.
2 min read · 14 January 2009
Rally Software Development Corp., a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has acquired 6th Sense Analytics Inc., a Morrisville, N.C.-based provider of on-demand automated metrics collection and analysis solution for development organizations. No financial terms were disclosed. Rally Software has raised over $35 million in VC funding, from firms like Mohr Davidow Ventures, Boulder Ventures, Mobius Venture Capital and Vista Ventures. 6th Sense had raised around $6.5 million from Core Capital Partners and InterSouth Partners.
2 min read · 14 January 2009
WaterHealth International Inc., an Irvine, Calif.-based provider of water purification and disinfection technology, has secured more than $10 million for the first close of its Series D round, which is expected to total $20 million. Return backers Dow Venture Capital and SAIL Venture Partners co-led the tranche.
3 min read · 14 January 2009
Bessemer Venture Partners has promoted both Stephen Kraus and Subu S.V. to the position of vice president. Kraus worked in the firm’s healthcare practice out of Wellesley, Mass., while S.V. focuses on India from the firm’s Mumbai office. The firm also has promoted Vishal Gupta to director of the India investment team.
4 min read · 14 January 2009
Nurien Software, a Seoul-based provider of social networking and online gaming services, has raised $10 million in Series A-1 funding. Return backers include Northern Light Venture Capital, Globespan Capital Partners, New Enterprise Associates and QiMing Venture Partners. The company had raised $15 million in April 2008.
3 min read · 14 January 2009
Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has raised $55 million in fourth-round funding. Foundation Asset Management led the round, and was joined by return backers Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. The company has now raised around $125 million in total VC funding since 2005.
6 min read · 14 January 2009
Canaan Partners has promoted Alok Mittal and Izhar Shay to general partner, and promoted Warren Lee to venture partner.
3 min read · 14 January 2009
1 min read · 14 January 2009
2 min read · 13 January 2009
