Cambridge Broadband Ltd., a Cambridge, UK-based developer of wireless transmission equipment for cellular backhaul, has raised $22.5 million in fifth-round funding. Adara Ventures was joined by return backers Amadeus Capital, Accel Partners and TVM Capital. The company has raised around $65 million in total VC funding since its 2000 inception. www.cambridgebroadband.com
Klastech Karpushko Laser Technology GmbH, a Dortmund, Germany-based laser startup, has raised Euro 2.1 million in Series A funding led by Triangle Venture Capital. www.klastech.de
Glucon Inc., a Boulder, Colo.-based developer of an automated blood glucose measurement system for hospitalized patients, has raised an undisclosed amount of Series D funding. 3i Group led the deal, and was joined by Sequel Venture Partners, Quest Capital Partnership, Hunt Ventures and return backers Aurum Ventures, Giza Venture Capital, MKI, Infinity Venture Capital Fund and […]
KSR Inc., a San Mateo, Calif.-based managed risk services provider, has raised $9 million in second-round funding. Paladin Capital Group led the deal, and was joined by return backer Trident Capital. www.ksr.com
CardioMEMS Inc., an Atlanta-based developer of wireless medical pressure sensors, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol SENS, with Banc of America Securities serving as lead underwriter. The company has raised around $52.6 million in total VC funding from firms like Arcapita, Easton Capital Partners, […]
3SBio Inc., a Shanghai, China-based developer of protein-based drugs, has filed for a $123.97 million IPO. It plans to price 7.7 million American depository shares at between $12 and $14 per ADS, and to trade on the Nasdaq under ticker symbol SSRX. UBS is serving as lead underwriter. Shareholders include Walden International.
Molecular Insight Pharmaceuticals Inc., a Cambridge, Mass.-based developer of molecular imaging pharmaceuticals and targeted radio-therapeutics, has set its proposed IPO terms to five million common shares being offered at between $14 and $16 per share. It plans to trade on the Nasdaq under ticker symbol MIPI, with RBC Capital Markets and Jefferies & Co. serving […]
Salary.com Inc., a Waltham, Mass.-based provider of on-demand compensation management solutions, has set its proposed IPO terms to five million common shares being offered at between $8 and $10 per share. It plans to trade on the Nasdaq under ticker symbol SLRY, with Thomas Weisel Partners and William Blair & Co. serving as co-lead underwriters. […]
Steven Morgenthal has joined Argosy Partners as an operating partner. He previously was a venture partner with SCP Private Equity and CEO of SCP portfolio company Q Group Holdings. www.argosycapital.com
Claros Diagnostics Inc., a Woburn, Mass.-based developer of handheld urological cancer diagnostic testing system for point-of-care use, has raised $7.8 million in Series A funding. Oxford Bioscience Partners led the deal, and was joined by Bioventures Investors, Accelerated Technologies Partners and Commons Capital. www.clarosdx.com