Salient Surgical Technologies Inc. (f.k.a. TissueLink), a Dover, N.H.-based developer of technology for sealing blood vessels and other collagen-based structures, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol SLNT, with Bear Stearns and Piper Jaffray serving as co-lead underwriters. The company had raised over $85 million […]
Julie Premont has agreed to join Canadian financial group Desjardins as a senior manager in the mid-market financing sector, effective next week. She currently is a manager of private equity with Caisse de depot et placement du Quebec. www.Desjardins.com
CyDex Pharmaceuticals Inc., a Lenexa, Kansas-based developer of drugs that “address limitations of current therapies in selected established,” has filed for a $50 million IPO. It plans to trade on the Nasdaq under ticker symbol CYDX, with Pacific Growth Equities serving as lead underwriter. CyDex has raised over $29 million in VC funding since 2000, […]
Next New Networks, a New York-based operator of micro television networks over the Internet, has raised $15 million in Series B funding. Goldman Sachs and Velocity Interactive Group co-led the round, and were joined by return backers Spark Capital, Saban Media Group and Bob Pittman. Next New had previously raised an $8 million Series A […]
Pando Networks Inc., a New York-based provider of P2P file-sharing software, has secured $8.12 million of a $20.89 million Series B round, according to a regulatory filing. www.pando.com
Pixim Inc., a Mountain View, Calif.-based developer of digital imaging systems for the security camera market, has raised $6.6 million in additional Series B-1 funding, according to an ammended regulatory filing. The round originally closed with $15 million one year ago, and later added an undisclosed amount of capital from In-Q-Tel. Other backers include Mayfield […]
Greg Foster has joined venture capital firm Noro-Moseley Partners, with a focus on digital media opportunities. He previously was a vice president of corporate development with Turner Broadcasting. PRESS RELEASE Noro-Moseley Partners, (“NMP“), a leading regional venture capital fund, announced today the addition of Greg Foster to its investment team. Greg will strengthen the firm's […]
Daniel Leff has joined Globespan Capital Partners as a venture partner, with a focus on cleantech opportunities. Last fall he left Harris & Harris Group, where he had been a managing director and executive vice president. www.globespancapital.com
TPG Biotech has entered into an agreement with Japan-based JCR Pharmaceuticals Co., to fund late-stage clinical development of two JCR drug candidates. No financial terms were disclosed. PRESS RELEASE TPG Biotech and JCR Pharmaceuticals Co., Ltd. of Ashiya, Japan jointly announced that they have entered into an Investment Agreement to fund the late-stage […]
Brendan Dyson has joined Lazard as a managing director in the firm's corporate finance advisory group. He previously was with Piper Jaffray as a managing director and head of convertible securities. www.lazard.com