Glide Pharma, a UK-based developer of solid-dose drug injectors, has raised £2.2 million in new VC funding led by return backer Oxford Technology VCTs.
2 min read · 15 October 2008
3 min read · 15 October 2008
Omniture Inc. (Nasdaq: OMTR) has agreed to acquire certain assets of Mercado Software Inc., a Pleasanton, Calif.-based provider of e-commerce search, navigation, and merchandising solutions. The deal is valued at approximately $6.5 million cash and the assumption of certain related operating liabilities. Mercado had raised over $70 million in VC funding, including a 2004 recap. Existing shareholders included Pitango Venture Capital, Eucalyptus, The Challenge Fund, Consensus Group, Star Ventures, Tamir Fishman Ventures and Valley Venture Capital.
3 min read · 15 October 2008
Innovalight Inc., a Santa Clara, Calif.-based developer of silicon ink-based printed solar cells, has raised $5 million in private equity and debt financing from Leader Ventures and Silicon Valley Bank. The company had previously raised over $40 million in funding from firms like Arch Venture Partners, Apax Partners, ATEL Ventures, Convexa Capital, Harris & Harris Group, Scatec AS, Sevin Rosen Funds and Triton Ventures.
3 min read · 15 October 2008
FatTail Inc., a Woodland Hills, Calif.-based provider of online advertising optimization software, has raised $3 million in Series A funding. Velocity Interactive Group led the round, and was joined by former Overture CEO Ted Meisel. Ross Levinsohn of Velocity will join the FatTail board of directors.
3 min read · 15 October 2008
1 min read · 14 October 2008
1 min read · 14 October 2008
Dave Hills has joined KPG Ventures as a general partner. He is the former president and CEO of LookSmart Ltd. (Nasdaq: LOOK).
2 min read · 14 October 2008
1 min read · 14 October 2008
1 min read · 14 October 2008
