Bihu.com, a Bejing-based provider of in-game advertising and instant messaging, has raised $10 million in first-round funding from Sequoia Capital China, according to SinoCast. The company is planning an IPO on the Nasdaq for the second half of 2009. www.bihu.com
Symplified, a Boulder, Colo.-based identity management company formed by the founding team of Securant (sold to RSA Security in 201), has raised $6 million in Series A funding. Granite Ventures and Allegis Capital co-led the round. PRESS RELEASE Symplified today announced that it has raised $6 million in a Series A round of venture capital […]
ClickFox Inc., an Atlanta-based provider of customer experience analytics, has raised $12.5 million in Series B funding. Ascent Venture Partners led the round, and was joined by return backers Cedar Fund, Delta Ventures and Veritas Venture Partners. PRESS RELEASE ClickFox, Inc., the leading provider of Customer Experience Analytics solutions, today announced that it has raised […]
Krillion Inc., a Palo Alto, Calif.-based maker of PC and mobile software that lets retailers keep track of inventory, has $6 million in additional Series A funding. The round total is now $9.1 million. Leapfrog Ventures led the extension, and was joined by return backer Hummer Winblad Venture Partners. led the deal, with Ann Winblad […]
Entellus Medical Inc., a Maple Grove, Minn.-based developer of a system for treating sinusitis, has raised $15 million in third-round funding. Montagu Newhall Associates led the round, and was joined by return backers Split Rock Partners and SV Life Sciences. www.entellusmedical.com
Andrew Goodson has joined Babson Capital Europe as head of distribution. He previously was with Citi, where he ran syndicate for CDOs and structured credit in Europe. PRESS RELEASE Babson Capital Europe Limited (“Babson Capital Europe”), one of the largest leveraged loan managers in Europe, has announced the appointment of Andrew Godson as Head of […]
Roamware, a San Jose, Calif.-based provider of roaming solutions for mobile communications, has raised an undisclosed amount of strategic funding from T-Mobile Venture Fund. It had previously raised VC funding from firms like DCM-Doll Capital Management, Accretive Technology Partners and shelter Capital Partners — including a $14 million Series C round in 2005. www.roamware.com
LONDON (Reuters) – Britain's Astex Therapeutics has signed a cancer drug research deal with Johnson & Johnson (JNJ.N: Quote, Profile, Research) potentially worth more than $500 million in milestone payments, it said on Monday. The privately owned biotech company will receive upfront payments, cash and equity payments and research funding of $37.4 million over two […]
Innotas, a San Francisco-based on-demand PPM vendor, has raised $6 million in Series C funding. Backers include ArrowPath Venture Partners, Velocity Interactive Group and several undisclosed “strategic investors.” PRESS RELEASE On-Demand PPM vendor Innotas today announced completion of its series C venture financing totaling $6 million. The round was driven by ArrowPath Venture Partners, Velocity […]
John Gage has joined Kleiner Perkins Caufield & Byers as a partner. He was a co-founder of sun Microsystems, where he most recently served as chief researcher and vice president of the Science Office. Read more… PRESS RELEASE Kleiner Perkins Caufield & Byers, the Silicon Valley venture capital firm, today announced that John Gage has […]