Ancor Capital Partners has sold disposable medical device maker Avail Medical Products Inc. to Flextronics (Nasdaq: FLEX). No financial terms were disclosed. PRESS RELEASE Flextronics (NASDAQ:FLEX), a global leading Electronics Manufacturing Services (EMS) provider and Avail Medical Products, Inc., market leader in disposable medical devices, announced the closing of the sale of Avail […]
Gene Ramirez has joined Nollenberger Capital Partners, an emerging growth-focused I-bank, as a managing director. He previously was a director with Stanford Group Co., where he co-founded the firm's tech I-banking practice. PRESS RELEASE Nollenberger Capital Partners, Inc. (NCPI), an emerging growth focused investment bank, announced today that Gene Ramirez has joined the […]
PhaseRx, a Seattle-based biotech startup focused on delivering therapies via sIRNA, has raised $19 million in first-round funding. Backers include 5AM Ventures, Arch Venture Partners and Versant Ventures. The company was founded by Robert Overall, a former general partner with Frazier Healthcare Ventures. Get more info.
ClearTrip Travel Services, a Mumbai, India-based travel website operator, has raised $18 million in Series C funding, according to VC Circle. Draper Fisher Jurvetson led the round with $10 million, and was joined by The Mahindra Group and return backers Sherpalo Ventures and Kleiner Perkins Caufield & Byers. No mention of whether Series B lead […]
CardioNet Inc., a San Diego-based provider of wireless mobile cardiac outpatient monitoring solutions, has set its IPO terms to six million common shares being offered at between $22 and $24 per share. It would have an initial market cap of approximately $512 million, were it to price at the high end of its range. The […]
Vitruvian Partners has closed its debut fund with EUR 925 million in capital commitments. The UK-based firm plans to focus on buyouts, growth buyouts and growth equity opportunities in Northern Europe. Monument Group served as placement agent. www.vitruvianpartners.com
Shinsei Bank and the Development Bank of Japan have formed a $141 million private equity fund, which will focus on buyouts and growth equity for mid-sized Japanese companies. PRESS RELEASE Shinsei Bank, Limited, ' Shinsei Bank', and the Development Bank of Japan ('DBJ') today announced the establishment of the Raffia II L. P. private […]
Alert Logic Inc., a Houston-based provider of on-demand IT network security solutions, has raised $8.25 million in Series C funding, according to a regulatory filing. Updata Partners led the round, and was joined by return backers Hunt Ventures, DFJ Mercury, Access Venture Partners and OCA Ventures. The company had previously raised $7.5 million. www.alertlogic.com
CrunchyRoll Inc., a San Francisco-based video sharing site focused on anime, has raised $4.05 million in Series A funding, according to a regulatory filing. Venrock led the round, with partner David Siminoff joining the board of directors. www.crunchyroll.com
Helpsteam, a Mountain View, Calif.-based provider of on-demand collaborative customer service solutions, has raised $8.6 million in Series B funding. Mohr Davidow Ventures led the round, and was joined by return backers Foundation Capital and former Informix CEO Roger Sippl. Helpstream was previously known as Pathworks Software. PRESS RELEASE Helpstream (formerly known as […]