1 min read · 13 January 2009
Millennium Pharmacy Systems, a Wexford, Pa.-based provider of contract pharmacy services, has secured a $35 million senior credit facility from MidCap Financial. The company has raised over $60 million in VC funding from firms like Essex Woodlands Health Ventures, Ascension Health Ventures, CHL Medical Partners and Boulder Ventures.
3 min read · 13 January 2009
WebLayers Inc., a Cambridge, Mass.-based a Cambridge, Mass.-based developer of automated SOA governance software, has raised $3 million in fourth-round funding. Return backers include Ascent Venture Partners, Cedar Fund and Veritas Venture Partners.
3 min read · 13 January 2009
Tribold, a UK-based provider of enterprise product management software for communication service providers, has raised $11 million in new VC funding. Intel Capital led the round, and was joined by return backers DFJ Esprit and Eden Ventures.
4 min read · 13 January 2009
Chiasma Inc., a biotech company focused on enhanced oral delivery of proteins and small molecules, has raised $11 million in Series B recap funding ($9m called so far). Return backers include ARCH Venture Partners, MPM Capital, 7 Health Ventures, Ofer Hi-Tech and F2-ventures. The company had previously raised over $55 million, including a $44 million Series C round.
4 min read · 13 January 2009
BiPar Sciences Inc., a Brisbane, Calif.-based developer of PARP inhibitors as cancer therapies, has raised $20 million in new venture capital and debt funding. Return equity backers included Domain Associates, Canaan Partners, Vulcan Capital, PolyTechnos Venture-Partners, Asset Management Company and Quantum Technology Partners. Lighthouse Capital Partners provided the debt. No breakout was provided.
3 min read · 13 January 2009
AVG Technologies, a Dutch Internet security software provider, has acquired Sana Security, a Redwood City, Calif.-based provider of identity theft prevention software. No financial terms were disclosed. Sana Security had raised over $43 million in VC funding since 2000, from firms like Bay Partners, El Dorado Ventures and Sevin Rosen Funds.
3 min read · 13 January 2009
AngioDynamics Inc. (Nasdaq: ANGO) has acquired substantially all the assets of FlowMedica Inc., a Fremont, Calif.-based provider of targeted renal therapy solutions. The deal is valued at $1.75 million in cash, plus a possible earnout based on 2011 sales of a FlowMedica product. FlowMedica had raised over $28 million in VC funding since 2002, from Oxford Bioscience Partners, De Novo Ventures, Mi3 Venture Partners, Medica Venture Partners and Palo Alto Investors.
3 min read · 13 January 2009
Go Internet Media Inc., a Santa Clara, Calif.-based online advertising network focused on consumer acquisition services, has raised $10 million in Series A funding led by Kennet Partners.
3 min read · 13 January 2009
NewsGator Technologies Inc., a Denver-based provider of content aggregation tools and services, has raised $10 million in additional Series E funding. Return backers include Masthead Venture Partners, Mobius Venture Capital and Vista Ventures. The company had previously raised $30 million, including a $12 million Series E tranche in late 2007.
3 min read · 13 January 2009
