New Money

[Wanda]

* Sometimes the best leads are those companies who have "new money"... if you have names that target their market.
* feel free to "move" too breakroom if more appropriate.


6-2-03


Server Firm RackSaver Lands $14M in Series A
SAN DIEGO -- RackSaver, a provider of high-density rack servers, blade servers, and supercomputer clusters, is expected to announce the closing of its Series A round with $14 million. [full story]
http://www.racksaver.com

 

[Wanda]

9-23-04

9-23-04

ParAllele BioScience Gets $22.5M Series B Financing Round
SOUTH SAN FRANCISCO, Calif. -- ParAllele BioScience, a South San Francisco, Calif.-based developer of genotyping tools that enable thousands of targets to be screened in a single tube assay, said it has raised $22.5 million in Series B financing. [full story]
http://www.p-gene.com


Forum Systems Caps Series B with $17.5M
SALT LAKE CITY -- Forum Systems, a Salt Lake City-based provider of XML Web services security, is expected to announce today that it has raised $17.5 million in a Series B round of financing. [full story]
http://www.forumsys.com


Athenix Biotechnology Raising $10M Series B
RESEARCH TRIANGLE PARK, N.C. -- Athenix Biotechnology, a Research Triangle Park, N.C.-based company focused on gene discovery for plant biotechnology, expects to close the second tranche of its planned $10-million Series B round in October, VentureWire has learned. [full story]
http://www.athenixcorp.com


Metapa Raises $3.7M Series B Round, Acquires Didera
LOS ANGELES -- Metapa, a Los Angeles-based company that provides enterprise infrastructure software focused on the application data routing market, is expected to announce it has raised $3.7 million in its Series B round of funding and has acquired Fairfax, Va.-based Didera, a data clustering technology company, in an all-stock deal. [full story]
http://www.didera.com
http://www.metapa.net


Propagate Networks Raises $3.75M in Series B
ACTON, Mass. -- Propagate Networks, an Acton, Mass.-based provider of software used to optimize 802.11 wireless local area network equipment, said it raised $3.75 in Series B financing. [full story]
http://www.propagatenet.com


Hatteras Networks Makes Staff Cuts
DURHAM, N.C. -- Hatteras Networks, the Durham, N.C.-based developer of last-mile Ethernet access hardware and software platforms, said it has laid off a portion of its staff in order to offset low sales returns. CEO Kevin Sheehan would not disclose the number of cut positions or the number of remaining employees. [full story]
http://www.hatteras.com


Voyence to Acquire Ponte Communications
RICHARDSON, Texas -- Richardson, Texas-based Voyence, a provider of software that enables enterprises to plan, configure and manage networks, said it is acquiring Mountain View, Calif.-based Ponte Communications, a provider of software that enables companies and managed service providers to control network security policy across a range of devices. [full story]
http://www.ponte.com
http://www.voyence.com

 

[Wanda]

9-26-03

9-26-03

With pleasure I post this info.. it's like a daily calandar count down for me in respect too *3 wks too go* till baby Cox is born! yae!

Enjoy!

Nucleonics Gets $2.7M Loan Towards Major Series B Round
MALVERN, Pa. -- Nucleonics, a Malvern, Pa.-based startup focused on the development of novel RNA interference (RNAi)-based therapies, has received $2.7 million in a convertible bridge loan, chief executive officer Robert Towarnicki told VentureWire. [full story]
http://www.nucleonicsinc.com


TeleSym Secures $12.5 Million Second Round
BELLEVUE, Wash. -- TeleSym, a Bellevue, Wash.-based provider of wireless voice telephony software, has secured $12.5 million in an oversubscribed second round of financing. [full story]
http://www.telesym.com


With Fund IX to Close Next Year, Sevin Rosen Promotes Two
DALLAS -- Sevin Rosen Funds, a Dallas-based early-stage, technology venture capital firm, has promoted Nick Sturiale to general partner and Ram Velidi to partner, as the firm looks ahead to the close of Fund IX next year, John Jaggers, general partner, told VentureWire. [full story]
http://www.srfunds.com


Luminous Networks Lands $25M Series E Round
CUPERTINO, Calif. -- Luminous Networks, a Cupertino, Calif.-based provider of packet-based optical networking equipment for carriers that supports voice, data, and video services, said it has raised $25 million in its Series E round. Network equipment firm Ciena, an investor in the round, also finalized a reseller agreement with Luminous in a separate deal. [full story]
http://www.luminous.com


Iris Financial Engineering Raises $11M Series A, Names Top Management
LONDON -- Iris Financial Engineering Holdings, a provider of component-based financial software for investment banks, said it raised $11 million in Series A financing from Apax Partners. Iris also said it named Michael Laven CEO and Robin Phillips CFO. [full story]
http://www.irisfinancial.com


Sensicore Raises $4.5M More to Cap Series B at $11M
ANN ARBOR, Mich. -- Sensicore, an Ann Arbor, Mich.-based developer of a lab-on-a-chip, multi-sensor device for water testing and monitoring, said it has raised an additional $4.5 million to close its Series B round of funding at $11 million. [full story]
http://www.sensicore.com


Wireless Antenna Firm ArrayComm Promotes Sam Endy to Pres & CEO
SAN JOSE, Calif. -- Several months after shifting its business plans, ArrayComm, a San Jose, Calif.-based designer of wireless telecommunications systems based on proprietary adaptive antenna technology, said it promoted chief operating officer Sam Endy to president and CEO. [full story]
http://www.arraycomm.com

 

[Wanda]

10-3-03

10-3-03

Belgian Stem Cell Firm TiGenix Grows with $14M Round One
LEUVEN, Belgium -- TiGenix, a Leuven, Belgium-based stem cell therapy startup focused on the repair of musculoskeletal tissues, said it has raised EUR 12 million ($14 million) for its first venture round. [full story]
http://www.tigenix.com


TelASIC Raises $35M Series C, Looks for New CEO
EL SEGUNDO, Calif. -- After helping to raise $35 million in Series C funding, CEO Tony Giraudo resigned from El Segundo, Calif.-based TelASIC, a fabless semiconductor startup developing RF, analog, mixed signal, and digital chips for wireless base stations, VentureWire has learned. The round of venture financing closed on Tuesday, according to John LaValle, who serves as TelASIC's chief financial officer and raised the funding along with Mr. Giraudo. [full story]
http://www.telasic.com


Agenis Software Receives $11.75 Million in Third Round
WALNUT CREEK, Calif. -- Agentis Software, a Walnut Creek, Calif.-based business operations software provider, said it raised $11.75 million in its third round of financing. [full story]
http://www.agentissoftware.com


Favrille Caps Third Round With $10.6M
SAN DIEGO -- Favrille, a San Diego-based biotechnology firm focused on the development of therapies for cancer and autoimmune diseases, has closed its third round of financing of with $10.6 million, VentureWire has learned. [full story]
http://www.favrille.com


Canadian AgBio Firm Medicago Reaps $17.4M in Series B
QUEBEC CITY, Quebec -- Medicago, a Quebec City-based biotech firm that develops alfalfa-based systems for the production of complex biopharmaceuticals, said it has raised CAD 24 million ($17.4 million) in Series B financing. The company also said it has hired Andy Sheldon as new president and CEO. [full story]
http://www.medicago.com


Captus Networks Takes $12.4 Million in Fourth Round
WOODLAND, Calif. -- Captus Networks, a Woodland, Calif.-based provider of intrusion prevention network security appliances, said it has raised $12.4 million in its fourth round of financing. [full story]
http://www.captusnetworks.com


Cardiac Monitoring Firm PDSHeart Gets $5M Infusion in Series A
ST. PETERSBURG, Fla. -- PDSHeart, a West Palm Beach, Fla.-based provider of cardiac event monitoring services, said it closed a $5-million Series A round. [full story]
http://www.pdsheart.com


Programmable Analog Chip Firm Anadigm Caps $15M Series C
CAMPBELL, Calif. -- Anadigm, a Campbell, Calif.-based fabless semiconductor company developing field programmable analog arrays and associated design software, said it has closed $15 million in Series C funding. [full story]
http://www.anadigm.com


Securify Names Ex-Inktomi Chief David Peterschmidt Pres, CEO, Co-Chair
MOUNTAIN VIEW, Calif. -- Securify, a Mountain View, Calif.-based company that provides policy-based network security management, said it has named David Peterschmidt as president, CEO, and co-chairman. [full story]
http://www.securify.com

 

[Wanda]

10-6-03

10-6-03

Bone Repair Device Firm Osteobiologics Secures $9.2 M Series C
SAN ANTONIO, Texas -- In order to move from pure R&D to commercialization, San Antonio, Texas-based OsteoBiologics (OBI), a developer of bone and cartilage repair medical devices, has closed a $9.2-million Series C round financing. [full story]
http://www.obi.com


Advanced Life Sciences Raising $30M Series A
WOODRIDGE, Ill. -- Advanced Life Sciences (ALS), a Woodridge, Ill.-based developer of therapeutic compounds to fight infection, inflammation, and cancer, is raising a $30-million Series A round that should close by the end of the year, VentureWire has learned. [full story]
http://www.advancedlifesciences.com


Compete Completes $13 Million in Third Round
BOSTON -- Compete, a Boston-based provider of online customer behavior analysis services, said it raised $13 million in an oversubscribed third round of financing. [full story]
http://www.compete.com


VC Fundraising Holds Tight at $1.2 Billion in Q3
NEW YORK -- Venture Capital fundraising held steady in the third quarter, with VCs closing eight new funds with overall committed capital of $1.2 billion, based on announced closings reported by VentureWire. Those numbers are almost identical with the second quarter, when 12 firms closed funds worth $1.2 billion and up considerably from the same year-ago quarter when nine venture capital firms closed funds totaling $615 million. Limited partners showed continued confidence in life science investing, as five of the new funds will be devoted all or in part to opportunities in biotechnology, medical devices, and eHealth. [full story]


Vocalocity Talks About Raising Up to $5M Series B
ATLANTA -- Vocalocity, an Atlanta-based provider of voice XML (VXML) and speech application language tag (SALT) platform software for OEM and channel partners, is in the beginning stages of raising its Series B round for up to $5 million, co-founder and CEO Mike Dickerson told VentureWire. [full story]
http://www.vocalocity.net


Shenick Software Systems Raises $2.9M First Round
DUBLIN -- Shenick Software Systems, a Dublin-based developer of test systems that enable communications equipment vendors, service providers, integrators, and large enterprises to roll out new services and applications, said it has raised EUR 2.5 million ($2.9 million) in its first round of financing. [full story]
http://www.shenick.com


Broadband Company Pedestal Networks Launches First Product
FREEMONT, Calif. -- Pedestal Networks, a Fremont, Calif.-based universal broadband company, has launched its first product, the Universal Broadband Server (UBS). [full story]
http://www.pedestalnetworks.com

 

[Wanda]

10-13-03

10-13-03

Today's news is worth the read!


ValueClick to Acquire Commission Junction for $58M in Cash
WESTLAKE VILLAGE, Calif. -- ValueClick, a Westlake Village, Calif.-based publicly held provider of Internet advertising technology, said it has signed a definitive agreement to acquire Commission Junction, a marketing technology and services company based in Santa Barbara, Calif., for $58 million in cash. Commission Junction has raised $48 million to date. [full story]
http://www.cj.com
http://www.befree.com
http://www.valueclick.com


Nazomi to Close $10M to $15M Series D Round in Three Months
SANTA CLARA, Calif. -- Just a year away from breaking even, Nazomi Communications is looking for one more round of funding to make sure the firm can capture a bigger market. The firm plans to close $10 million to $15 million in a third round of funding in the next three months. [full story]
http://www.nazomi.com


NanoCoolers Lands $8.5M in Ongoing Series B
AUSTIN, Texas -- NanoCoolers, a start-up developing a cooling system for CPUs, has raised $8.5 million in an ongoing Series B round, said senior vice president of marketing and business development Bob Mayer. [full story]
http://www.nanocoolers.com
**COOL HOST** don't you own Cooling.net? These folks at nanocoolers may want your domain??


After Seed Round, Airframe Plans Take Off with $5M Series A
INCLINE VILLAGE, Nev. -- On the heels of adding $500,000 to its seed round, Airframe Business Software, a provider of business infrastructure software online, expects to close a $5-million-to-$6-million Series A round by the end of this year, CEO Bob Witty told VentureWire. [full story]
http://www.myairframe.com


Marketing Apps Firm Knotice Closes First Round
AKRON, Ohio -- Knotice, an Akron, Ohio-based provider of marketing software for the broadband industry, said it closed an undisclosed amount of Series A financing from new investor HVO Partners. [full story]
http://www.knotice.com


Pay By Touch Secures $10M Series A, Names Management Team
SAN FRANCISCO -- Pay By Touch, a San Francisco-based provider of tokenless biometric authentication at the point of sale, closed a $10-million Series A round and plans to close an additional $20 million in two to four weeks, CEO Craig Ramsey told VentureWire. [full story]
http://www.paybytouch.com


Sandbridge Raises $4M More, Licenses Tech from Barcelona Design
WHITE PLAINS, N.Y. -- After raising another $4 million in Series B funding this summer, Sandbridge Technologies is planning to ship products in the first quarter of next year. The White Plains, N.Y.-based firm also recently announced that it licensed analog synthesis technology for creating phase locked loop (PLL) circuits from Barcelona Design, a provider of software and services for designing system-on-a-chip products in Newark, Calif. [full story]
http://www.barcelonadesign.com
http://www.sandbridgetech.com


Flytxt Raises $3.3 Million Round Two
LONDON -- Flytxt, a London-based developer of mobile marketing campaigns for sporting events, films, and magazines, said it closed a second round of GBP 2 million ($3.3 million). [full story]
http://www.flytxt.com

 

[Wanda]

10-14-03

10-14-03

Corgentech Lands $45M in Series D and Partners with Bristol-Myers Squibb
SOUTH SAN FRANCISCO, Calif. -- Corgentech, a South San Francisco, Calif.-based biotechnology company developing molecular and genetic-based therapeutics, said it raised $45 million in Series D financing provided by Bristol-Myers Squibb. [full story]
http://www.bms.com
http://www.corgentech.com


Anti-Spam Firm Proofpoint Lands $9M Series B
CUPERTINO, Calif. -- Proofpoint, a Cupertino, Calif.-based provider of anti-spam and virus protection software for large enterprises, is expected to announce today it has closed its Series B round of funding with $9 million. [full story]
http://www.proofpoint.com


Elixir Pharma Stirs Up $19M Add-On Funds to Cap Series B with $40.5M
CAMBRIDGE, Mass. -- Elixir Pharmaceuticals, a Cambridge, Mass.-based drug discovery and development company focused on the genetics of longevity, said it has raised $19 million in additional Series B financing to cap the round with a total of $40.5 million. [full story]
http://www.elixirpharm.com


Optic Transport Systems Firm OpVista Sees $10M in Series C
IRVINE, Calif. -- OpVista, an Irvine, Calif.-based provider of optical transport systems for the cable industry for the convergence of video, voice, and data services, said it has raised $10 million in its Series C round of financing. President and CEO Gary Trimm said this financing should take the company to profitability. [full story]
http://www.opvista.com


Sylantro Raises $15M Series D Round
CAMPBELL, Calif. -- Sylantro Systems, a Campbell, Calif.-based provider of IP Centrex and hosted communications applications, said it has raised $15 million in its Series D round. [full story]
http://www.sylantro.com


High Tower Software Stands Tall with $6M Series C
ALISO VIEJO, Calif. -- High Tower Software, an Aliso Viejo, Calif.-based provider of real-time data collection and analysis software for security information and financial portfolio management, said it has closed its Series C round of funding with $6 million. [full story]
http://www.hightowersoftware.com