VCJ Staff

Automattic Buys PollDaddy

Predictive Biosciences Raises $21.75 Million

Predictive Biosciences, a Lexington, Mass.-based developer of intervention diagnostic assays for cancer management, has raised $21.75 million in Series B funding. New Enterprise Associates led the round, and was joined by Kaiser Permanente Ventures and return backers Flybridge Capital Partners and Highland Capital Partners. The company had previously raised a $10 million Series A round.

Technorati Buys AdEngage

Sonoa Systems Raises $10 Million

Sonoa Systems Inc., a Santa Clara, Calif.–based provider of secure cloud gateways, has raised $10.2 million in Series C funding. Third Point Ventures led the deal, and was joined by return backers Norwest Venture Partners, Bay Partners and SAP Ventures. The company has now raised around $38 million in total VC funding since 2005.

Achronix Semi Raises $43 Million

Achronix Semiconductor Corp., a San Jose, Calif.-based fabless maker of field-programmable gate arrays, has raised $43 million in Series B funding. It expects to add an additional $9 million within the next few weeks. Argonaut Private Equity led the first close, and was joined by return backers Battery Ventures, New Science Ventures, Easton Capital Investment Group and Entrepia Ventures. Achronix previously raised a $25.4 million Series A round.

Maxim Buying Mobilygen

Maxim Integrated Products Inc. (Nasdaq: MXIM) has agreed to acquire Mobilygen Corp., a Santa Clara, Calif.-based provider of low-power ICs for mobile devices. No financial terms were disclosed. Mobilygen has raised around $54 million in VC funding, from firms like Redpoint Ventures, Cardinal Venture Capital, Lehman Brothers, VentureTech Alliance and Kleiner Perkins Caufield & Byers.

Bourns Buys Fultec Semi Assets

Bourns Inc. has acquired the Transient Blocking Unit business of Fultec Semiconductor Inc. for an undisclosed amount. Fultec is a Mountain View, Calif.-based company that had raised around $30 million in VC funding from firms like Crescendo Ventures, Allen & Buckridge, Mayfield and Velocity Interactive Group.

Novell Buying VC-Backed Managed Objects

Novell has agreed to acquire Managed Objects, a McLean, Va.-based provider of IT system management software. No financial terms were disclosed. Managed Objects has raised around $45 million in VC funding from firms like JMI Equity, Fidelity Ventures, Intel Capital, FT Ventures and Lazard Technology Partners. It also had secured venture debt from ORIX Venture Finance.

JS-Kit Raises $3.6 Million

Jalbum Raises Second Round

Jalbum AB, a Sweden-based online community for personalized photo sharing, has raised a second round of VC funding led by Nordic Venture Partners. It brings the company’s total venture capitalization to approximately $3.2 million. In other company news, it has named Skype co-creator Andreas Sjölund as its new CEO.