Concentric Medical Inc., a Mountain View Calif.-based developer of medical devices for restoring blood flow in people who have suffered ischemic strokes, has raised $15 million in new VC funding led by existing backer New Enterprise Associates. The company had previously raised around $53 million from firms like NEA, SV Life Sciences, Oxford Bioscience Partners and ProQuest Investments. Last February, Concentric Medical canceled a proposed $69 million IPO.
3 min read · 08 January 2009
Major League Gaming, a New York-based professional video game league, has raised $7.5 million in follow-on funding from Oak Investment Partners. It had previously raised $25 million.
2 min read · 08 January 2009
1 min read · 08 January 2009
Aisling Capital has closed its third fund with $650 million in capital commitments. The New York-based venture firm focuses on the life sciences and healthcare sectors. It had raised $550 million for its second fund in 2005.
2 min read · 08 January 2009
Satori Pharmaceuticals Inc., a Cambridge, Mass.-based developer of therapeutics for neurodegenerative disorders like Alzheimer's disease and Parkinson's disease, has raised $22 million in Series B funding. InterWest Partners, Prospect Venture Partners and New Enterprise Associates co-led the round, and were joined by return backers like PureTech Ventures. In other Satori news, the company named former Pfizer exec Jeffrey Ives as CEO.
6 min read · 08 January 2009
Gene Security Network Inc., a Redwood City, Calif.-based, has raised $6 million in Series B funding. Alafi Capital was joined by return backers Claremont Creek Ventures and Sequoia Capital.
3 min read · 08 January 2009
Play Hard Sports Inc., a Foxboro, Mass.-based provider of sports-focused MMO games, has raised $8 million in Series B funding led by return backer New Enterprise Associates, according to a regulatory filing. The company is run by former Turbine CEO Jeffrey Anderson, and had previously raised a $5 million Series A round. www.playhard.net
1 min read · 07 January 2009
1 min read · 07 January 2009
1 min read · 07 January 2009
Sun Microsystems has acquired Q-layer, a Belgian cloud computing that that automates the deployment and management of both public and private clouds. No financial terms were disclosed. Q-layer has raised around $10.7 million in VC funding since 2006, from firms like Big Bang Ventures, Partech International and Wellington Partners.
2 min read · 07 January 2009
