VCJ Staff

Radius Health Adds $15 Million

MDV Bolsters Life Sciences Team

Phyllis Whiteley and Dan Riskin have joined Mohr Davidow Ventures as an executive-in-residence and entrepreneur-in-residence, respectively. Both will focus on the life sciences sector. Whiteley previously was an entrepreneur-in-residence with 5AM Ventures, where she co-founded Anaphore Inc. Riskin previously was president of Interventional Dynamics Inc.

Datacastle Raises $5.3 Million

Datacastle, a Seattle-based provider of PC data protection, has raised $5.3 million in Series A funding. CM Capital Investments led the round.

The Silver Lining

InterAct991 Adds $28 Million

InterAct991 Corp., a Winston-Salem, N.C.-based provider of public safety and homeland security solutions for private sector businesses, has raised $28 million in new VC funding. Foundation Capital and Bay Partners co-led the round, and were joined by return backer SilkRoad Equity.

Easou Raises $12 Million

Easou, a Chinese mobile search company, has raised $12 million in third-round funding. iD TechVentures and AXA Private Equity co-led the round.

MFLX Buying Pelikon Ltd.

Multi-Fineline Electronix Inc. (Nasdaq: MFLX) has agreed to acquire Pelikon Ltd., a UK-based developer of printed segmented electroluminescent displays and keypads. The deal is valued at $10.7 million, payable by two-year promissory notes. Milestone-based earn-outs are also included. Pelikon has raised over $23 million in VC funding since 2000, from firms like Advent Venture Partners, Finance Wales, Gartmore Investment Ltd. and Spark Ventures.

Boxee Raises $4 Million

Knopp Neurosciences Adds $6.6 Million

Knopp Neurosciences Inc., a Pittsburgh-based developer of biomarkers and drug therapy for amyotrophic lateral sclerosis, said that current investors have exercised $6.6 million in Series B2 warrants, bringing the company’s total venture capitalization to $27 million. Backers include Saturn Partners, Kramer Capital Partners and LaunchCyte LLC.

Danotek Motion Raises $14.5 Million

Danotek Motion Technologies, an Ann Arbor, Mich.-based developer of energy conversion systems for the energy and transportation markets, has raised $14.5 million in first-round funding. Backers include CMEA Ventures, StatoilHydro Venture and GE Energy Financial Services.