VentureBeat » wire

Fluidigm raises another $7.5M for stem-cell analysis chips

Anthony Ha — Thu, 19 Nov 2009 23:50:00 +0000

Fluidigm, which makes chips that for genetics lab, has raised $7.5 million in new equity, according to VentureWire. That’s part of a new $18.5 million round that the South San Francisco, Calif. company is raising. The funding comes from existing backers Alloy Ventures, EDB Investments, EuclidSR partners, Fidelity Contrafund, Interwest Partners, Lehman Brothers Venture Capital Group, Smallcap World Fund, and Versant Ventures, as well as an undisclosed new investor.

Fluidigm tried to have an IPO a year ago but pulled it due to the weak market.

Business intelligence company Manthan Systems raises second round

Anthony Ha — Thu, 19 Nov 2009 23:27:11 +0000

Manthan Systems, which provides business intelligence and analytics software to retailers, has a raised a second funding round of “up to” $15 million. The round was led by Fidelity International, with participation from existing investors IDG Ventures India and DFJ ePlanet Ventures. The company is based in Bangalore, India.

MyFit raises $1M to help parents with college applications

Anthony Ha — Thu, 19 Nov 2009 23:21:11 +0000

MyFit, a new services that helps parents figure out how to get their children into the college of their choice, has raised $1 million in a first round of funding, led by New Enterprise Associates. The Mountain View, Calif. company says it looks at data about graduates from more than 3,500 higher learning institutions, and uses that information to tell users where they should focus their academic and extracurricular energy to get into a specific school.

Network equipment company IPWireless restarts with $15.5M

Anthony Ha — Thu, 19 Nov 2009 01:04:50 +0000

IPWireless, a maker of mobile network equipment, has raised $15.5 million in a new first round of institutional funding. The company previously raised $235 million and was acquired by NextWave Wireless in 2007, but NextWave sold the company back to its founders last year, according to Dow Jones VentureWire. The new round was led by Spark Capital, with participation from Lockheed-Martin and Northrup Grumman.

Outright raises $5.5M to help small businesses with their finances

Anthony Ha — Thu, 19 Nov 2009 00:56:12 +0000

Outright, which offers a free online application to help small businesses manage their finances, has raised $5.5 million in a first round of institutional funding led by Sequoia Capital. The firms that invested in Outright’s seed round — First Round Capital, Shasta Ventures, and SoftTechVC — also participated. The Campbell, Calif., company has now raised a total of $7.5 million.

Teknovus captures $5.6M for optical Ethernet chips

Camille Ricketts — Mon, 16 Nov 2009 17:22:37 +0000

Teknovus, a provider of Ethernet optical networking chips, has brought in $5.6 million in convertible promissory notes, preferred and common stock, according to a filing with the SEC. Based in Petaluma, Calif., the company is backed by Partech International, Focus Ventures, Galleon Group, Itochu Technology Ventures, U.S. Venture Partners, Vision Venture Capital, Mitsubishi, Technology Alliance Investment and Samsung Ventures America.

Mercantila takes in $500K for retail site network

Camille Ricketts — Mon, 16 Nov 2009 17:17:42 +0000

Mercantila, a San Francisco-based portal of related specialty retail web sites, has tacked $500,000 onto a now $2.5 million in convertible promissory notes and warrants, according to a filing with the SEC. The company is backed by Lightspeed Venture Partners, among others.

CyberHeart raises $3.6M for cardiac radiosurgery

Camille Ricketts — Mon, 16 Nov 2009 16:59:58 +0000

CyberHeart, a company that develops radiosurgical equipment for non-invasive cardiac surgeries (radiosurgery is used to treat benign and malignant tumors), has brought in $3.6 million of a targeted $8.1 million round of debt, rights and securities according to a filing with the SEC. Based in Menlo Park, Calif., the company is backed by Emergent Medical Ventures, Mitsubishi, Venture Select and United Investments.

Cell Biosci takes $15M to examine cell pathways

Camille Ricketts — Mon, 16 Nov 2009 16:51:19 +0000

Cell Biosciences, maker of software and other tools to learn more about how cells move and interact, has brought in $15 million of an anticipated $17.6 million fourth round of funding, according to a filing with the SEC. Based in Santa Clara, Calif., the company is backed by Domain Associates, Latterell Venture Partners, Vertical Group, Wellcome Trust, Novo A/S and the Royal Bank of Canada.

Aperto bags $240K more for Wimax equipment

Camille Ricketts — Mon, 16 Nov 2009 16:42:56 +0000

WiMax equipment provider Aperto Networks has raised $240,000 more in equity, according to a filing with the SEC. It just raised $537,000 at the end of October. Based in Milpitas, Calif., the company is backed by Alliance Ventures, Canaan Partners, GunnAllen Venture Partners, Quicksilver Ventures, Tyco Ventures, Innovacom and Jafco Ventures. It has now raised more than $160 million to date.

Microchip Biotech eyes launch with new $18.1M

Camille Ricketts — Fri, 13 Nov 2009 17:43:31 +0000

Microchip Biotechnologies, maker of technology used in DNA sequencing, has brought in $18.1 million to launch its product on the market. Based in Pleasanton, Calif., the company is backed by Domain Associates, Samsung Ventures, Western Technology Investment, In-Q-Tel, Rona Syndicates and private individuals.

Caring.com finds $10M to coordinate elderly care

Camille Ricketts — Fri, 13 Nov 2009 17:35:30 +0000

Caring.com, a web site that helps people find caretakers for elderly relatives, has brought in $10 million in a second round of funding, according to Dow Jones VentureWire. Based in San Mateo, Calif., the company is backed by Shasta Ventures, DCM, Split Rock Partners and a handful of private individuals.

NimbleFish swims to $950K for marketing automation

Camille Ricketts — Thu, 12 Nov 2009 16:32:33 +0000

NimbleFish, maker of marketing automation software, has captured $950,000 in debt financing, according to a fling with the SEC. Based in San Francisco, it is backed by Sigma Partners, Cardinal Ventures and QuestMark Partners.

Intransa raises $1.5M for Ethernet storage

Camille Ricketts — Thu, 12 Nov 2009 16:30:58 +0000

Instransa, provider of storage equipment for Ethernet networks, has brought in $1.5 million of a targeted $3 million offering of promissory notes, according to a filing with the SEC. Based in Cupertino, Calif., the company is backed by Entrepia Ventures, Guggenheim Partners, Menlo Ventures, Rho Capital Partners and U.S. Venture Partners.

BridgeWave lands $2.4M for wireless backhauling

Camille Ricketts — Thu, 12 Nov 2009 16:00:37 +0000

BridgeWave Communications, a company that provides wireless backhauling services to free high-traffic networks from congestion, has raised $2.4 million of an anticipated $2.5 million round of equity, according to a filing with the SEC. Based in Santa Clara, Calif., the company is backed by Core Capital Partners, Intel Capital, Ampal-American Insrael, BreezeCOM, Cipio Partners, DRW Venture Partners, Jerusalem Venture Partners, MKS Ventures, Oak Investment Partners, Scientific-Atlanta, SDL Ventures, SeaPoint Ventures and West Steag Partners.