Xcerion AB, a Linkoping, Sweden-based developer of a collaborative XML Internet operating system, has raised $10 million from Northzone Ventures in its first round of institutional funding. www.xcerion.com
Fovea Pharmaceuticals SA, a Paris-based drug company focused on allergic conjunctivitis, is raising up to Euro 40 million in second-round funding, according to a speech given yesterday by company CFO Bernard Davitian at the Cowen & Co. Healthcare Conference. The news was first reported by VentureWire. The company raised first-round funding in 2005 from firms […]
TransMedics Inc., an Andover, Mass.–based medical device company focused on organ transplant technologies, is raising up to $25 million in Series D funding, according to a speech given yesterday by company CEO Waleed Hassanein at the Cowen & Co. Healthcare Conference. The news was first reported by VentureWire. Transmedics then would plan to go public. […]
Zaio Corp. (TSX-V: ZAO) has agreed to acquire the assets of Realink Corp., a Tempe, Ariz.-based provider of services to the appraisal and mortgage banking industry. The deal is valued at $3.4 million in stock. Realink has raised VC funding from firms like Insight Venture Partners, True North Partners and Blackwater Capital. www.zaio.com www.realink.com
National Healing Corp., a Boca Raton, Fla.-based provider of management services and technology in wound care to hospitals, has acquired Medical Multiplex Inc., a Louisville, Ky.-based consulting and management firm specializing in the development of wound care and hyperbaric medicine programs. No pricing terms were disclosed for the deal, which was financed by existing national […]
The Private Equity Council has named Steve Judge vice president for government affairs. He previously was with the Securities Industry Association (SIA) as senior vice president of government affairs and head of the group's Washington DC office.
Tom Denison has joined Brown Gibbons Lang & Co. as senior managing director and co-head of the firm's Chicago office. He previously was with Banc of America Securities, most recently as head of the firm's mid-cap investment banking group. www.bglco.com
SkyRecon Systems, a Paris, France-based vendor of endpoint security solutions, has raised $6.5 million in second-round funding co-led by Ventech and ACE Management. www.skyrecon.com
David Kreilein and John Stewart have joined turnaround firm Monomoy Capital Partners as operating partners. Kreilein previously was a vice president and portfolio manager with Sun Capital Partners, while Stewart has spent the past 18 years as an executive with Toyota Motor Corp. www.mcpfunds.com
Redpoint Ventures has closed its Redpoint Omega fund with $250 million in capital commitments. The vehicle that will aim to be the first institutional investor in more established companies than the early-stage plays Redpoint's general fund focuses on. www.redpoint.com