New Relic Inc., a San Francisco-based provider of Ruby on Rails application performance management solutions, has raised $6 million in Series B funding. Trinity Ventures led the round, and was joined by return backer Benchmark Capital.
3 min read · 13 November 2008
MoJiva, a New York-based mobile advertising platform, has raised an undisclosed amount of Series A funding from Bertelsmann Digital Media Investments.
3 min read · 13 November 2008
Nanomas Technologies Inc., a Vestal, N.Y.-based maker of inks containing silver nanoparticals, has raised $3.2 million in first-round funding.BASF Venture Capital led the round, and was joined by Earthrise Capital Partners.
3 min read · 13 November 2008
Marshal8e6 has been formed via the merger of UK-based Marshal, a provider of email and Web content security solutions, and 8e6 Technologies, an Orange, Calif.-based provider of Web filtering appliances. Updata Partners sponsored the merger via a $10 million investment, according to VentureWire. Other merged company shareholders includeKelso Place Asset Management, Darwin Group, CX Ventures and Vora Venture.
3 min read · 13 November 2008
Transpera Inc., a Santa Monica, Calif.-based provider of a platform to monetize Web video on mobile phones, has raised $8.25 million in Series B funding. first round funding. Flybridge Capital Partners led the round, and was joined by fellow return backers First Round Capital and Intel Capital. New investor Labrador Ventures also participated.
5 min read · 13 November 2008
ARYx Therapeutics Inc. (Nasdaq: ARYX), a Fremont, Calif.-based developer of retro-metabolic drugs, has placed a $21.6 million IPO. New Enterprise Associates led the placement, and was joined by fellow existing shareholders MPM Capital and OrbiMed Advisors. ARYx had raised over $110 million in VC funding before going public last November.
3 min read · 13 November 2008
Morgenthaler Ventures has closed its ninth fund with just over $400 million in capital commitments. This is the firm's first dedicated VC fund, and will expand its focus from early-stage to growth-stage (Series B and Series C rounds). Prior funds also invested in buyouts. Morgenthaler also has added Rebecca Lynn as a principal and Guido Appenzeller as an entrepreneur-in-residence. Lynn previously was VP of marketing for NextCard, while Appenzeller is co-founder of Morgenthaler portfolio company Voltage Security.
5 min read · 13 November 2008
Starfish Ventures of Australia has closed its second fund with A$185 million in capital commitments. It will invest in IT, life sciences and cleantech companies.
2 min read · 13 November 2008
KPG Ventures has closed its second fund with an undisclosed amount of capital commitments. The San Francisco-based firm focuses on seed-stage consumer Internet companies.
1 min read · 13 November 2008
Flipswap, a Los Angeles-based company focused on mobile device trade-ins and incentivized electronics recycling, has raised $14 million in Series B funding from RRE Ventures and NGEN.
3 min read · 13 November 2008
