Salient Surgical Technologies Inc., a Dover, N.H.-based developer of technology for sealing blood vessels and other collagen-based structures, has raised $17.9 million in Series F funding. Arnerich Massena & Associates led the round, and was joined by fellow return backers Medtronic and RiverVest Venture Partners. New investor Piper Jaffray also participated. It is the company’s first new round since canceling an $86.25 million IPO back in August, and brings its total venture capitalization to over $105 million. PRESS RELEASE
2 min read · 29 October 2008
1 min read · 29 October 2008
1 min read · 29 October 2008
Christian Reitberger has joined Wellington Partners as a venture partner, with a focus on cleantech opportunities. He previously was a partner with Apax Partners, in its tech and telecom group.
2 min read · 29 October 2008
Christopher Esqueda has joined Institutional Venture Partners as controller. He previously was controller at PS’Soft, a provider of asset management service management and software license compliance solutions.
2 min read · 29 October 2008
Pomona Capital has made three senior hires: Jordan Robinson as a managing director focused on product development, marketing and distribution. He previously was a VP of global private equity with AIG Investments. Gregory Walters as a principal focused on the secondary market. He previously was a managing director with VCFA Group. Haijoung Kim joined as a VP on the firm’s Asian fund-of-funds, and previously was senior investment manager in Samsung Life’s alternative investments division.
2 min read · 29 October 2008
Logitech International (Nasdaq: LOGI) has agreed to acquire SightSpeed Inc., a Berkley, Calif.-based provider of Internet video chat and voice calling solutions. The deal is valued at $30 million in cash, and is expected to close early next month. SightSpeed raised around $1 million from The Roda Group in 2003.
2 min read · 29 October 2008
Victor Westerlind has joined RockPort Capital Partners as a general partner in the firm’s Menlo Park office. He previously was a partner with InterWest Partners. RockPort is a Boston-based cleantech venture capital firm.
2 min read · 29 October 2008
1 min read · 29 October 2008
2 min read · 28 October 2008
