Home News Briefs Page 8869

News Briefs

CTS Media, a Shanghai, China
Gemini Mobile Technologies, a San Mateo, Calif.-based developer of wireless software infrastructure, has raised $5 million in third-round funding from Japanese backers Access Co. Ltd., Aplix Corp. and Nomura Securities. The deal follows a recent $20 million infusion from Goldman Sachs. www.geminimobile.com
Apnex Medical Inc., a Minneapolis-based developer of implantable technology to treat obstructive sleep apnea, has raised $16.1 million in Series A funding. Backers include Domain Associates, New Enterprise Associates and Polaris Venture Partners. Apnex is the second spinout from medical device incubator Prospex Medical, which previously formed BridgePoint Medical. www.prospexmedical.com
LimeLife Inc., a Menlo Park, Calif.-based consumer software publisher focused on content for women, has raised $3.9 million in venture capital funding from Core Capital Partners. LimeLife previously raised just over $16 million over two rounds of VC funding from Monitor Venture Partners, Rustic Canyon Partners, U.S. Venture Partners and i-Hatch Ventures. www.limelife.com
World Wide Packets Inc., a Veradale, Wash.-based maker of Ethernet access products, has raised $7.5 million in new VC funding. Return backers included Argo Global Capital, Azure Capital Partners, Entrepia Ventures, Northwest Venture Associates and Madrona Venture Group. The company has raised over $127 million in total VC funding since 2001. www.wwp.com
Clean Energy Fuels Corp., a Seal Beach, Calif.-based provider of natural gas as an alternative fuel for vehicle fleets, priced 10 million shares at $12 per share ($13-$17 range), for an IPO take of approximately $120 million. It will to trade on the Nasdaq under ticker symbol CLNE, while WR Hambrecht & Co. and Simmons […]
Aegerion Pharmaceuticals Inc., a Bridgewater, N.J.-based drug company focused on cardiovascular and metabolic disease, set its proposed IPO terms to five million common shares being offered at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol AEGR, with Lehman Brothers serving as lead underwriter. The company raised around […]
LDK Solar Co. Ltd., a China-based maker of multicrystalline solar wafers, is the only company scheduled to price an IPO on U.S. exchanges this week. It plans to raise around $400 million, and trade on the NYSE under ticker symbol LDK. Morgan Stanley and UBS are serving as co-lead underwriters. Shareholders include Jafco Asia. www.ldksolar.com
Telepartner, a Reading, UK
Globeleq, an emerging markets power company owned by CDC Group (managed by Actis), has agreed to sell its operating power businesses in Latin America, North Africa and Asia. The total value is approximately $1 billion. The Latin American assets are being sold to D.S. Constructions Ltd. (India) and Israel Corporation Ltd. The North Africa and […]
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination