Cymbet Raises $31 Million

Cymbet Corp., an Elk river, Minn.-based, has raised $31 million in third-round funding. Perseus LLC and Intel Capital co-led the round, and were joined by Texas Instruments and return backers Bekaert NV, Helmet Capital, Cedar Point Capital, The Dow Chemical Co. and The IGNITE Group. The company previously raised around $21 million.

North AmericaUSBriefs