Intransa Inc., a San Jose, Calif.-based provider of network-centric IP storage solutions, has raised $15 million in new VC funding. Rho Ventures was joined by return backers Entrepia Ventures, Guggenheim Venture Partners, Menlo Ventures and U.S. Venture Partners. The company has now raised over $110 million in total VC funding since 2001.
4 min read · 21 October 2008
Trusteer, a New York-based provider of customer protection solutions for online businesses, has raised $6 million in Series B funding led by U.S. Venture Partners.
2 min read · 21 October 2008
Chemclin, a Beijing-based medical diagnostics company, has raised $16.5 million in Series B funding. China Healthcare Partnership (managed by MC China) led the round, and was joined by return backers WI Harper, Siemens Venture Capital and Softbank China Venture Capital. China eCapital served as placement agent. The company had previously raised $5 million.
6 min read · 20 October 2008
1 min read · 20 October 2008
The BlackBerry Partners Fund, a $150 million VC vehicle focused on applications and services for the BlackBerry platform, has launched its “Jump Start Financing Initiative.” The effort will provide capital infusions of up to $250,000 in the form of a convertible debenture.
2 min read · 20 October 2008
PPS.tv, a Shanghai-based online television company, has raised $20 million in third-round funding. LB Investment, an affiliate of LG Electronics, led the round, and was joined by return backers Ceyuan Ventures and Qiming Venture Partners.
4 min read · 20 October 2008
S*BIO Pte Ltd., a Singapore-based cancer therapeutics company, has raised $26 million in Series B funding. Aravis Capital and return backer Bio*One Capital co-led the round, and were joined by existing investors like Zurcher Kantonalbank and the Lacuna Apo BioTech Fund. The company has two lead compounds in Phase 1 clinical trials: One is an HDAC inhibitor, while the other is a JAK 2 inhibitor.
5 min read · 20 October 2008
Movidia, an Ireland-based mobile video processor company, has raised $14 million in Series A funding. Celtic House Venture Partners and Capital-E co-led the round, and were joined by Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland.
2 min read · 20 October 2008
ClearCount Medical Solutions, a Pittsburgh-based developer of RFID-enabled solutions for the prevention of retained surgical sponges, has raised $4.1 million in Series A funding led by Draper Triangle Ventures.
3 min read · 19 October 2008
1 min read · 17 October 2008
