1 min read · 09 January 2009
SimpleTuition Inc., a Newton, Mass.-based online student loan comparison site, has raised $6 million in Series C funding, according to a regulatory filing. Backers include Atlas Ventures, Flybridge Venture Capital and North Hill Ventures. www.simpletuition.com
1 min read · 09 January 2009
Paymetric Inc., a Houston-based provider of payment card solutions, has sold its XiBuy solution to BizAps for an undisclosed amount. XiBuy is an SAP add-on solution for integrating and managing purchasing card transactions in SAP. Paymetric has raised over $11 million from Austin Ventures.
3 min read · 09 January 2009
EverNote Corp., a Sunnyvale, Calif.-based provider of information capturing technologies, has raised $4.5 million in second-round funding from Troika Dialog of Russia. It had previously raised $6 million. www.evernote.com
1 min read · 09 January 2009
1 min read · 09 January 2009
Vivaldi Biosciences Inc., a New York-based developer of influenza vaccines, has called down $18.85 million of a $23 million Series A round. Seed backers Bay City Capital and NGN Capital co-led the round, and were joined by New York City Investment Fund and Alexandria Real Estate Equities. The remaining capital can be called once certain milestones are met.
4 min read · 09 January 2009
SolFocus Inc., a Palo Alto, Calif.-based developer of solar concentrator photovoltaic systems, has raised $47.5 million in Series C funding. Apex Venture Partners led the round, and was joined by return backers like New Enterprise Associates and NGEN Partners. It had previously raised nearly $100 million. The company also announced that it has named president Mark Crowley as its new CEO.
3 min read · 09 January 2009
Coghead Inc., a Mountain View, Calif.-based provider of a Web-based application creation and delivery platform, is in talks to sell itself to an unidentified buyer, according to VentureWire. The move comes after Coghead failed to secure Series C funding. The company had previously raised capital from American Capital Strategies and El Dorado Ventures. www.coghead.com
1 min read · 09 January 2009
TestPlant, a UK-based maker of an automation and testing software product called Eggplant, has raised new funding from existing shareholder Seraphim Capital. It has now raised £1.5 million since last September.
3 min read · 09 January 2009
Kolltan Pharmaceuticals Inc., a New Haven, Conn.-based developer of oncology therapeutics, has raised over $35 million in Series A funding. No investor information was disclosed.
3 min read · 09 January 2009
