iPierian snags $3.7M grant from NIH for cell reprogramming
iPierian, a South San Francisco-based company that’s researching the use of cellular reprogramming for drug discovery applications, has been selected by the National Institutes of Health for a $3.7 million grant to continue work on these topics in tandem with Johns Hopkins University.
The two-year “Great… Continue Reading
PacketMotion raises $5M for network management
PacketMotion, a San Jose, Calif. provider of enterprise network monitoring and compliance technology, has raised $5 million in a third round of funding to build the sales and marketing operations for its PacketSentry Manager and Probe, a program that helps mid to large-sized companies comply… Continue Reading
Pooch sniffs out funds for canine fashion site
PoochOnline.com, an e-commerce site hawking doggy couture, has taken a seed-stage investment from San Francisco firm Ecosystem Ventures to expand its selection of pet apparel, including snakeskin collars and miniature leather biker coats, reports the Wall Street Journal. Based in Saratoga, Calif., the site clearly… Continue Reading
Mimosa gulps $1.6M to archive data
Mimosa Systems, a Santa Clara, Calif.-based company that provides software for data archiving, has brought in $1.6 million in debt, rights and securities, according to a filing with the SEC. It is backed by August Capital, Clearstone Venture Partners, Dot Edu Ventures, Focus Ventures, Jafco… Continue Reading
G2 Microsystems closes in on $1.25M for integrated circuits
G2 Microsystems, maker of integrated circuits for mobile resource management, is only $74,000 short of its targeted $1.25 million round of debt, according to a filing with the SEC. The Campbell, Calif. company’s backers include Deutsche Bank Capital Partners, Siemens Venture Capital, Starfish Ventures and… Continue Reading
Ensphere takes $4M for optical semiconductor equipment
Ensphere Solutions, maker of fabless semiconductor equipment for optical interfaces, has raised $4 million from Egyptian venture capital fund Ideavelopers. Based in Santa Clara, Calif., the company is supplying tranceivers for Intel’s Light Peak technology — a new interconnect technology designed to transmit data at… Continue Reading
Aviir pumps up with $1M for heart diagnostics
Aviir, the Palo Alto, Calif. company that turned Stanford research into technology used to diagnose heart conditions, has brought in $1 million in equity, debt, rights and securities, according to a filing with the SEC. It adds this amount to $1 million raised in August… Continue Reading
RedSeal takes $12M for security software
RedSeal Systems, developer of cybersecurity software that estimates and manages risk, has raised $12 million in a third round of venture funding led by OVP Venture Partners. Based in San Mateo, Calif., it is also backed by Venrock, Jafco Ventures, Sutter Hill Ventures and Leapfrog… Continue Reading
NEA rakes in $2.5B for new fund
New Enterprise Associates, which remains the largest venture firm in the business, announced that it is closing in on its $2.5 billion target for its new fund, its thirteenth, reports Dow Jones VentureWire. The firm says it will keep the fund open for a bit… Continue Reading
Stanford moves to liquidate $1B in investments
Stanford Management Company, the corporate unit that invests money on behalf of Stanford University, announced that it will pursue a secondary sale of about $1 billion of its $6 billion in alternative equity investments and some of its unfunded liabilities.
Actually based in Stanford, Calif., the… Continue Reading
Thin-film solar maker Ascentool looks to raise $20M
Reacting to the growing popularity of thin-film solar equipment, Milpitas, Calif.-based Ascentool has set out to raise a new round of funding targeted at $20 million, reports Dow Jones VentureWire. The company will use the money to expand its toehold in Shanghai, where it hopes… Continue Reading
DailyMotion — the European YouTube — grabs $25M
DailyMotion, the online video company in Europe that resembles YouTube, announced that it brought in a $25 million round of capital led by French Sovereign Fund, a firm nearly half-owned by the French government, and designed to take minority stakes in promising French companies.
Based in… Continue Reading
Vertos raises $15.5M to decompress spines
Vertos Medical, maker of a non-invasive device for decompressing lumbar spine discs, has brought in $15.5 million in a fourth round of funding from Onset Ventures, CHL Medical Partners, Foundation Medical Partners, Aweida Venture Partners and DFJ Mercury. Based in Aliso Viejo, Calif., the company… Continue Reading
Adchemy raises $31M to increase online ad spending
Adchemy, a marketing firm trying to convince more major brands to advertise online rather than through traditional channels by offering advanced data analysis, has brought in $31 million in venture financing from Accenture, Mayfield Fund and August Capital. Based in Redwood City, the company has… Continue Reading
RiseSmart lands $4.6M for online job search services
RiseSmart, a job search site geared toward employees who make over $100,000 a year, has raised $4.6 million in a first round of funding from Storm Ventures and Norwest Venture Partners. It has now raised about $9 million in funding, including the participation of several… Continue Reading
HotSpur launches dialysis technology with new $2.75M
HotSpur Technologies, developer of technology for less invasive dialysis, has brought in $2.75 million to bring its two lead products to market. Based in Mountain View, Calif., the company is backed by Onset Ventures, Bio-Star Private Equity Fund, Finistere Partners, Saratoga Ventures, Three Arch Partners… Continue Reading
REvolution Computing takes $9M for statistical software
REvolution Computing, a Palo Alto, Calif.-based developer of software used to support the “R” open-source statistical computing language, has raised $9 million in venture capital from Intel Capital and Northbridge Venture Partners.
Artemis raises $9M for prenatal diagnostics
Artemis Health, maker of technology for prenatal diagnostics, has brought in $9 million of an expected $10 million round of equity, according to a filing with the SEC. The San Carlos, Calif. company is backed by Alloy Ventures, Mohr Davidow Ventures and Sutter Hill Ventures…. Continue Reading
Brilliant Telecom dials up $7.6M to sync wireless carriers
Brilliant Telecom, a company that designs, develops and distributes network timing solutions for telecommunications equipment, has brought in $7.6 million in convertible debt from Onset Ventures, NovAtel, Asset Management, Draper Associates, Draper Richards, Xilinx and a handful of individual investors, reports Dow Jones VentureWire. Based… Continue Reading
Pinc culls $3.1M for RFID solutions
Pinc Solutions, provider of RFID technology for various applications, has brought in $3.1 million of an expected $5.8 million round of equity, according to a filing with the SEC. Based in Berkeley, Calif., the company is financed by Horizon Ventures and Sutter Hill Ventures.