HSW International Inc. (Nasdaq: HSWI) has acquired DailyStrength, a Santa Cruz, Calif.-based social network that connects users through their medical conditions. No financial terms were disclosed. DailyStrength had raised over $4 million in VC funding from Redpoint Ventures.
3 min read · 04 December 2008
ThePort Network Inc., an Atlanta-based provider of SaaS social media solutions, has raised $4.1 million in Series B funding. American City Business Journals led the round, and was joined by Lee Enterprises, Imlay Investments, Robert Jetmundsen and ThePort CEO Bob Cramer.
3 min read · 04 December 2008
1 min read · 04 December 2008
Catalyst Biosciences Inc., a South San Francisco-based developer of engineered proteases, has raised $40.4 million in Series C funding. Essex Woodlands Health Ventures led the round, and was joined by return backers Burrill & Co., HealthCare Ventures, Johnson & Johnson Development Corp., Morgenthaler Ventures, Novartis BioVentures and Sofinnova Ventures. The company had previously raised around $42 million.
2 min read · 04 December 2008
Sambazon, a San Clemente, Calif.-based provider of acai beverages, has raised an undisclosed amount of VC funding led by Belgium-based Verlinvest.
2 min read · 04 December 2008
3 min read · 04 December 2008
Thomson Reuters has agreed to acquire Paisley, a Plymouth, Minn.-based provider of governance, risk and compliance software. No financial terms were disclosed. Paisley raised $10 million from Insight Venture Partners in 2004.
4 min read · 04 December 2008
Koofers Inc., a Reston, Va.-based operator of an online community for data that can help students keep up with their classes, has secured $500,000 of a $2 million Series A round, according to a regulatory filing. Backers include Altos Ventures and New Atlantic Ventures. www.koofers.com
1 min read · 03 December 2008
Infinite Power Solutions Inc., a Golden, Colo.-based maker of thin-film batteries, has raised $13 million in Series B funding. D. E. Shaw Ventures and Polaris Venture Partners co-led the round, and were joined by fellow return backers Core Capital Partners, Applied Ventures and In-Q-Tel. The company previously raised $35.7 million.
5 min read · 03 December 2008
ProstimRx Corp., a Hendersonville, Tenn.-based developer of medical devices for the treatment of prostate-related disorders, has raised $5 million from M.D. Venture Partners.
2 min read · 03 December 2008
