Kineto Wireless Inc., a Milpitas, Calif.-based provider of mobile over wireless LAN solutions, has raised $15.5 million in Series D funding. Motorola was joined by return backers Oak Investment Partners, Sutter Hill Ventures, Venrock, Seapoint Ventures and InterDigital Communications Corp. The company has now raised around $103 million in total VC funding since its 2001 inception.
2 min read · 08 October 2008
Tyco International has acquired Vue Technology Inc., a Lake Forest, Calif.-based provider of item-level RFID software and infrastructure solutions, for approximately $43 million in cash. Vue Technology had raised around $14 million in VC funding from firms like Canaan Partners, Partech International and Marubeni Corp.
4 min read · 08 October 2008
Circassia Ltd., an Oxford, England-based drug company focused on controlling immune system responses, has acquired the U.S., Canadian and Japanese development and commercialization rights to dopexamine from Ipsen. No financial terms were disclosed. Circassia has raised around $22 million in VC funding from firms like Goldman Sachs, Invesco Perpetual, Imperial Innovations and Lansdowne Partners.
3 min read · 08 October 2008
Teleflip, a Santa Monica, Calif.-based provider of free email service to mobile phones, has sold its assets to an undisclosed buyer. The company had raised nearly $5 million in private equity and debt funding from firms like GRP Partners and Hercules Technology Growth Capital. In a statement, Hercules said that Teleflip had been written down to a fair value of $0.00 in the first quarter of 2008, and that the sale represented a recovery of $0.02 per share in NAV.
2 min read · 08 October 2008
VisualShare Inc., a Salt Lake City-based provider of SaaS solutions for multi-user image collaboration, has raised an undisclosed amount of seed funding from Salt Lake Life Science Angels.
2 min read · 08 October 2008
1 min read · 08 October 2008
2 min read · 08 October 2008
3 min read · 08 October 2008
2 min read · 08 October 2008
Ala TV, a cable television operator in Kyrgyzstan, has raised $5 million in VC funding from the Aureos Central Asia Fund.
3 min read · 07 October 2008
