Aragon Surgical Inc., a Palo Alto, Calif.-based surgical device startup, has acquired VeriSure Inc., a developer of laparoscopic enabling products. No financial terms were disclosed. Aragon has raised VC funding from Onset Ventures and Delphi Ventures.
Canon Communications LLC of Los Angeles has acquired Appliance magazine from Dana Chase Publications. No financial terms were disclosed. Canon is controlled by Spectrum Equity Investors. www.cancom.com
StrikeIron, a Durham, N.C.-based provider of live data and business functionality over the Web, has raised $5 million in Series C funding. Ascent Venture Partners was joined by return backers Ascent Venture Partners and NC IDEA. The company has raised $9.3 million in total funding since its 2006 launch. www.strikeiron.com
Kyriba Corp., a San Diego-based provider of Web-based cash and treasury management solutions, has raised $14.4 million in new VC funding. BRED Banque Populaire led the deal, and was joined by return backers like GRP Partners. www.kyriba.com
Fidelity Ventures has increased the size of its fourth fund from $250 million to $400 million. It also added former Apax Partners pro Roger Hurwitz as a partner.
GSI Technology Inc., a Santa Clara, Calif.-based provider of static random access memory products for networking and telecom equipment, has set its proposed IPO terms to eight million common shares at between $6.50 and $8 per share. It plans to trade on the Nasdaq under ticker symbol GSIT, with Needham & Co. and WR Hambrecht […]
Blaze DFM, a Sunnyvale, Calif.-based electrical DFM company, has raised $10 million in Series B funding. The round was concurrent to the closing of Blaze's acquisition of Aprio Technologies, with Aprio backers El Dorado Ventures and Mobius Venture Capital participating alongside existing Blaze shareholder Lightspeed Venture Partners. Blaze DFM provides software solutions to fabless semiconductor […]
LS9 Inc., a San Carlos, Calif.-based renewable petroleum startup, has raised $5 million in Series A funding from Flagship Ventures and Khosla Ventures. The company says that it is pursuing industrial applications of synthetic biology to produce biofuels that are compatible with existing fuel distribution and consumer infrastructure.
DTI Dental Technologies Inc., a Vancouver-based dental products company controlled by Healthpoint Capital, has acquired Dublin, Calif.-based cosmetic dentistry lab MicroDental Laboratories Inc. from Riverside Partners. No financial terms were disclosed. www.microdental.com
Noble Investment Group of Atlanta has closed its third private equity fund focused on the lodging and hospitality market, with $310 million in capital commitments. www.nobleinvestment.com