GetBack Media Inc., a Los Angeles-based online pop-culture community, has raised $1.7 million in Series A funding. Beringea led the round, and was joined by undisclosed angel investors.
3 min read · 06 November 2008
Panorama Capital has promoted Michael Jung to partner. He previously was a principal with the VC firm, and serves on the boards of Axiom, World Golf Tour, Shopflick and Zilliant.
3 min read · 06 November 2008
enChoice has acquired CYA Technologies, a Shelton, Conn.-based provider of enterprise content backup and recovery solutions. No financial terms were disclosed. CYA had raised around $10 million in VC funding from H.I.G. Ventures and Connecticut Innovations.
3 min read · 06 November 2008
1 min read · 06 November 2008
3 min read · 06 November 2008
Mogreet Inc., a Venice, Calif.-based provider of video messaging solutions for mobile phones, has raised $5 million in Series B funding. Ascend Ventures, Black Diamond Ventures and Spyglass Ventures were joined by return backer DFJ Frontier.
3 min read · 06 November 2008
1 min read · 06 November 2008
Cardiovascular Systems Inc., a St. Paul, Minn.-based maker of a minimally-invasive catheter system for the treatment of peripheral arterial disease, has agreed to go public via a reverse merger with Replidyne Inc. (Nasdaq: RDYN). CSI shareholders will hold approximately 83% of the combined company, while Replidyne shareholders will hold the remainder. CSI is currently in registration for an IPO, and has raised around $65 million in VC funding from firms like Maverick Capital (15% pre-IPO stake), Easton Hunt Capital Partners (9.1%) and Mitsui & Co. (5.6%). Replidyne was VC-backed prior to its June 2006 IPO, with shares still held by HealthCare Ventures, TPG Ventures, Morgenthaler Ventures, Perseus-Soros and Sequel Venture Partners.
5 min read · 05 November 2008
1 min read · 05 November 2008
1 min read · 05 November 2008
