Welocalize Inc., a Frederick, Md.
AngioSlide Ltd., an Israeli developer of angioplasty devices, has raised $8.6 million in second-round funding. Itochu Corp. led the round, and was joined by return backers Ofer Hi-Tech and Viola. The deal was first reported by Globes Online.
EnzymeRx, a Paramus, N.J.-based, has raised $14 million from Pequot Capital Management. It also has acquired worldwide rights (excluding Taiwan) for uricase-PEG 20 from Polaris Pharmaceuticals. PEG 20 is a pegylated form of the enzyme uricase that has previously completed a single dose phase I trial and is being developed for the treatment of […]
Crossing Automation Inc., a Mountain View, Calif.-based wafer automation company, has raised $6.07 million in additional Series A funding, according to a regulatory filing. Return backers include Tallwood Venture Capital and Intel Capital. www.crossinginc.com
Pinch Media, a Hoboken, N.J.-based developer of free tools for iPhone SDK developers, has raised an undisclosed amount of seed funding. Backers include Union Square Ventures, First Round Capital, Sharkey Goldstein Capital, Dave Morgan, Jerry Neumann and Mike Yavonditte. www.pinchmedia.com
Manhattan Physicians Laboratories, a new clinical lab group formed by former Quest Diagnostics executives, has acquired Genatom Inc., a provider of routine lab services for clients in the New York-New Jersey metropolitan area. No financial terms were disclosed. MPL has raised more than $20 million from backers like Trevi Health Ventures. PRESS RELEASE […]
Susan Barlow has joined RREEF Alternative Investments as a managing director and head of global client relations. She most recently co-founded American Value Partners, an institutional real estate fund-of-funds. PRESS RELEASE RREEF Alternative Investments today announced that Susan Barlow will join the firm as a Managing Director and Head of Global Client Relations. […]
Denham Capital Management, a private equity firm focused on the energy and commodities sector, has closed its fifth fund with $2 billion in capital commitments. PRESS RELEASE Denham Capital Management LP, a global private equity firm focused on the energy and commodities sector, today announced the closing of Denham Commodity Partners Fund V […]
Drummond Hall has joined Duke Street as an operating partner. He is currently deputy chairman of UK pub operator Mitchells & Butlers, and also non-executive director of market information company Taylor Nelson Sofres PLC. PRESS RELEASE Duke Street, the European mid market private equity firm has appointed Drummond Hall to its team of Operating Partners. […]
LONDON (Reuters) – Europe's largest bank HSBC (HSBA.L: Quote, Profile, Research) said on Friday that the current turbulence could throw up acquisition opportunities, but said it was unclear the market was set for a string of transformational mergers. “The commentary often presumes that the current financial market turbulence is going to lead to a lot […]