Daily Deals for Moms, a provider of discount coupons for parents, has raised an undisclosed amount of angel financing from investors but reportedly said it would keep the financing round open to strategic investors for the next few weeks, according to news provider PEHub.
Month: June 2011
Brainlab senses Jan’s potential
Joseph Doyle, Brainlab’s chief financial officer, said: “Jan Medical is introducing an entirely new field of diagnostics that can impact everything from patient triage to surgical treatment.”
NSN wires up ClariPhy
ClariPhy Communications, a US-based chip maker, has raised $14m in its fourth round of funding from a consortium led by phone infrastructure supplier Nokia Siemens Networks (NSN).
IControl Networks connects investors
Although the lead investors were undisclosed energy and clean tech investors, iControl said the others in the $50m round included computer equipment maker Cisco, cable company Comcast, chip maker Intel, phone operator Rogers Communications and Tyco International, the parent company of ADT Security Services.
Ultragenyx raises $45m A round
Fidelity Biosciences and private equity firm TPG Biotech co-lead $45m A round for Ultragenyx Pharmaceutical.
Siemens follows Semprius’ light
Siemens continues to invest in alternative power sources, obtaining a minority stake in American solar energy start-up Semprius.
US loses corporate venturing lead
Corporate venturing remains too-nuanced an investment class to be definitive but non-US-based fund launches take off while US maintains its pace.
CMEA examines funding options
CMEA reportedly said its $400m, 2008-vintage fund might be last in its current format after hiring CFO.
Advanced Equities blown from Force10
Advanced Equities owns 28.2% of Force10’s shares but has decided against advising on the portfolio company’s flotation.
Pepsi opens European can
The PepsiCo10 programme, which already collaborates with venture capital firm Highland Capital Partners, OMD and technology publications Wired and Mashable, plans to work with 10 European technology start-ups to help its drinks brands.
TetraLogic hires CFO
From 2006 to 2010, Lloyd Jones was vice-president of finance at TransMolecular having spent the previous decade as a senior director of corporate development at Genzyme.
Compositence gains seed funding
Compositence, a Germany-based carbon fibre-based engineering company spun out of Stuttgart University in 2008 has raised an undisclosed amount from state and corporate-backed investors High-Tech Gründerfonds and Seedfonds Baden-Württemberg.
Intesa Sanpaolo analysis ADmantX
AMmantX was spun off last year from Expert System and has gained Intesa venture backing.
Reports test venture capital health
Fenwick & West sees buoyant California venture capital prices while Nesta reports on narrowing performance gap between UK and US.