PE Hub Staff

Get The Wire in your inbox each morning! Just send us an email. CellGate Inc., a Sunnyvale, Calif.-based developer of molecule transport-focused drug discovery, has raised $43.7 million in Series E funding at a post-money valuation of approximately $70 million. Investors included Sprout Group and return backers Healthcare Ventures and New Enterprise Associates. CellGate now […]

Get The Wire in your inbox each morning! Just send us an email. Rustic Canyon Partners has held a $130 million initial closing on a new SBIC fund that is slated for a Q3 final close of $175 million. The Los Angeles-based venture firm also announced that John Staenberg has signed on as a Seattle-based […]

Get The Wire in your inbox each morning! Just send us an email. Xenogen Corp., an Alameda, Calif.-based company focused on real-time in-vivo imaging, has raised $22 million in Series AA financing. The deal was led by new investor Abingworth Management, and included some undisclosed existing investors. The company – which filed to go public […]

Get The Wire in your inbox each morning! Just send us an email. The Carlyle Group has sold media wholesaler Baker & Taylor Corp. for $255 million to affiliates of Chicago-based buyout shop Willis Stein & Partners. Carlyle had acquired Baker & Taylor Books, Baker & Taylor Video and Soft Kat businesses from W.R. Grace […]

Get The Wire in your inbox each morning! Just send us an email. Rigel Pharmaceuticals Inc. (Nasdaq: RIGLD ) has received $46 million in a private placement of common stock and warrants from a quartet of life sciences-focused venture capital firms. The PIPE deal was led by MPM Capital, and also included Frazier Healthcare, Alta […]

Get The Wire in your inbox each morning! Just send us an email. Cogent Communications Group Inc. (AMEX: COI), a Washington-based optical Internet services provider, has raised $41 million in cash equity to fund company operations and debt restructuring. Over the last six months, Cogent has reduced its total debt from a face amount of […]

Get The Wire in your inbox each morning! Just send us an email. Border Media Partners LLC, a Houston, Texas-based broadcasting company, has received $15 million in equity and mezzanine debt financing from the Goldman Sachs Urban Investment Group and Darby-BBVA Latin America Private Equity Fund. The new capital will help in Border’s recent acquisition […]

Get The Wire in your inbox each morning! Just send us an email. CryoCor Inc., a San Diego-based company focused on cryoablation techniques to treat cardiac fibrillations and arrhythmias, has raised $27.5 million in Series C funding. The financing is structured with an immediate payout of $15.3 million and another $12.2 million next June. William […]

Get The Wire in your inbox each morning! Just send us an email. iRobot Corp., a Burlington, Mass.-based provider of robotic technology, has raised $13 million in new venture funding. Trident Capital led the deal, and was joined by return backers Acer Technology Ventures, Fenway Partners and First Albany Cos. The company has now raised […]

Get The Wire in your inbox each morning! Just send us an email. CiraNova Inc., a Campbell, Calif.-based provider of electronic design automation (EDA), has raised $9 million in Series B funding. U.S. Venture Partners led the deal, and was joined by return backer Alloy Ventures. As part of the financing, Winston Fu of USVP […]