U.S. Venture Partners related stories
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Intellikine Adds $4M in Milestone PaymentsBiopharma company Intellikine Inc. has sealed $4 million in new milestone payments as it begins two Phase 1 clinical trials of its drugs. The company, based in La Jolla, Calif., is backed by $41 million from venture investors including Abingworth, BiogenIdec, CMEA Capital, Fintech Global Capital, Novartis Venture Funds, Sofinnova Ventures and U.S. Venture Partners.
- 4INFO Nets $14M in VC
Mobile advertising and media company 4INFO has raised $14 million in fresh capital from Paul G. Allen's Vulcan Capital, Mitsui Global Investment, and existing investors Draper Fisher Jurvetson, Gannett, Mezzanine Capital and U.S. Venture Partners. The money will be used for expansion of the company's AdHaven platform.
- Cleave Biosciences Raises $42M Series A
Cleave Biosciences has raised $42 million in venture capital to develop new treatments for cancer. The Series A round investors include U.S. Venture Partners, 5AM Ventures, Clarus Ventures, OrbiMed Advisors and Astellas Venture Management. The financing will support multiple small molecule discovery and development programs in the area of protein homeostasis, the company said.
- Contour Energy Wraps Up $20M Series C
Contour Energy Systems, a developer of battery systems, has finalized its Series C round with a total of $20 million. As PEHub reported /109467/contour-energy-systems-inks-series-c/ previously, investors in the round include EDB Investments, CMEA Capital, Harris & Harris, Schlumberger and U.S. Venture Partners. The company said Thursday that SBI Jefferies Asia Fund L.P. had also joined as its newest investors.
- How Will You Remember Steve Jobs?
Steve Jobs was one of very few people who could be called a legend in his own time. The college dropout co-founded Apple in 1976 and grew it into the most valuable company http://bits.blogs.nytimes.com/2011/08/09/apple-most-valuable-company/ in the world, inspiring countless entrepreneurs along the way. There are sure to be a litany of obituaries and stories about Jobs in the coming days, but we want to know what Jobs meant to you. Please share your thoughts and memories below.
Few Complete IPOs, But Many FileJive Software, Brightcove among the recent companies that filed to go public
- Blekko Inks $30M
Search engine company Blekko has raised $30 million in new funding, half of it coming from publicly traded Yandex. Australian investor MLC Private Equity, and existing investors U.S. Venture Partners, CMEA Capital and PivotNorth Capital also contributed to the round. Yandex acquired a minority stake in Blekko, the company said. Blekko was formed in 2007, and launched its search engine last year.