Chemrec, a Sweden-based company focused on converting pulp mills into biorefineries, has raised $20 million in Series C funding. Environmental Technologies Fund led the round, and was joined by return backers VantagePoint Venture Partners and Volvo Technology Transfer. The company’s technology is known as black liquor gasification.
4 min read · 03 December 2008
1 min read · 03 December 2008
1 min read · 03 December 2008
3 min read · 03 December 2008
SV Life Sciences has promoted David Guyer to partner. He originally joined the firm in 2006 as a venture partner, and previously was co-founder and CEO of Eyetech Pharmaceuticals.
3 min read · 02 December 2008
The FeedRoom, a New York-based provider of online video solutions for media companies, has acquired ClearStory Systems, a provider of digital asset management software. No financial terms were disclosed. The FeedRoom has raised over $65 million in venture capital and debt financing, with current shareholders including BEV Capital, NewSpring Capital and Velocity Equity Partners. ClearStory had raised an undisclosed amount of capital from SCP Partners.
3 min read · 02 December 2008
BEZ Systems Inc., a Boston-based provider of performance management software and analytics, has raised an undisclosed amount of additional Series D funding. Ascent Venture Partners led the extension, and was joined by fellow return backers Massachusetts Technology Development Corporation and Velocity Equity Partners. The company previously had raised around $16.5 million.
2 min read · 02 December 2008
uTest, a Southborough, Mass.-based provider of crowdsourcing for software testing, has raised $5 million in Series B funding. Longworth Venture Partners and Egan-Managed Capital co-led the round, and were joined by return backers Mesco Ltd. and the Massachusetts Technology Development Corp.
4 min read · 02 December 2008
Globant, a Buenos Aires-based provider of software product development and IT maintenance outsourcing, has raised $13 million in VC funding from Riverwood Capital and FTVentures.
5 min read · 02 December 2008
Flexicath Ltd., an Israeli maker of sterile catheter IV systems, has raised $600,000 in Series B funding led by The Zitelman Group.
2 min read · 02 December 2008