Paul LaViolette has joined SV Life Sciences as a venture partner, according to VentureWire. He is the former chief operating officer of Boston Scientific. The report also says that SV Life Sciences will begin raising a new fund early next year. www.svlsa.com
1 min read · 17 December 2008
Chegg.com, a Santa Clara, Calif.-based online marketplace for textbook rentals, has raised $25 million in Series C funding. Kleiner Perkins Caufield & Byers and Foundation Capital were joined by return backers Gabriel Venture Partners and Primera Capital.
3 min read · 17 December 2008
Tagged Inc., a San Francisco-based social discovery site, has raised $5 million in venture debt co-led by Horizon Technology Finance and Leader Ventures. The company had previously raised venture capital from Mayfield Fund.
2 min read · 17 December 2008
Greg Richey has joined Chrysalis Ventures as chief operating officer. He previously was COO and CFO of Butler, Shine, Stern & Partners.
2 min read · 17 December 2008
Rx Networks Inc., a Vancouver-based provider of mobile positioning technology, has held a C$1.85 million first close on a VC round expected to close on a total of C$3 million in March. Return backers include British Columbia Discovery Fund (VCC) Inc., Audiovox Canada and TELUS.
3 min read · 17 December 2008
Rcadia Medical Imaging Ltd., an Israel-based provider of software for the automated analysis of coronary CT angiography, has raised $3.3 million in venture capital funding.BioVentures Investors led the round, and was joined by return backer 20/20 HealthCare Partners.
3 min read · 17 December 2008
Overlay.TV, an Ottawa, Ontario-based interactive video platform, has raised C$4.6 million in second-round funding. Return backers include Celtic House Venture Partners, Tech Capital Partners and EdgeStone Capital Partners.
4 min read · 17 December 2008
Rebit Inc., a Longmont, Colo.-based provider of PC backup solutions, has raised $5.7 million in Series B funding. Backers include Access Venture Partners, Grotech Ventures, and Highway 12 Ventures.
3 min read · 17 December 2008
Pioneer Surgical Technology Inc., a Marquette, Mich.-based spinal and orthopedic implants and instruments, has raised $15 million in Series B funding. InvestMichigan Growth Capital Fund was joined by return backers Pharos Capital Group, Highlander Partners, Hopewell Ventures and River Cities Capital Funds.
4 min read · 16 December 2008
SellMyTimeshareNOW.com, a Dover, N.H.-based online secondary marketplace for timeshares, has raised $8.5 million in VC funding from Edison Venture Fund.
3 min read · 16 December 2008