Northgate Capital related stories
All articles and analysis
Week in deals, Dec. 21, 2009Summary of North American tech companies and other startups that raised venture financing in the past week
- Silver Spring Raises $100 Million
Silver Spring Networks, a Redwood City, Calif.-based smart grid networking company, has raised $100 million in fifth-round funding. Return backers include Google Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and Northgate Capital. The company previously raised around $167 million.
- peHUB Wire: Tuesday, December 15, 2009
Random Ramblings
- peHUB Wire: Tuesday, December 15, 2009
Random Ramblings
- On-Q-Ity Adds $5 Million
On-Q-Ity, a Waltham, Mass.-based cancer diagnostics company, has raised $5 million in additional Series A funding from Atlas Venture. This brings the round total to $26 million, including past investments from Mohr Davidow Ventures, Bessemer Venture Partners, Physic Ventures and Northgate Capital. On-Q-Ity was recently formed via the merger of two VC-backed companies: The DNA Repair Company and CELLective Diagnostics.
- Week in deals, Nov. 9, 2009
Summary of North American tech companies and other startups that raised venture financing in the past week
- MDV, others combine tired portfolio companies
Draper Fisher Jurvetson also recently combined Box.net and Increo
- Combining Portfolio Companies To Save Them
This week I reported /54508/mohr-davidow/ that Mohr Davidow had combined two of its cancer-fighting biotech startups -- CELLective Diagnostics and The DNA Repair Company -- into a third, new company called On-Q-ity. Last month I reported /53646/boxnets-unannounced-funding/ that Box.net, a Draper Fisher-funded service to share and store content online, had purchased another Draper, Fisher-backed company -- Increo. It turns out that this is a trend. Mohr Davidow's Sue Siegel said she knew of two other venture firms that are talking about ways to combine each other's portfolio companies, and a glance through the tech blogs of the last couple months shows that Softbank Capital and angel investor Ron Conway may be doing the same.