Icarcos Inc., a developer of hardware and software that creates a geographical database, has sold a minority ownership stake of Athlone Global Security, a private equity firm focused on Israeli homeland security companies. Icaros is based in Maryland, but has R&D facilities in Israel. No financial terms were disclosed. www.athloneglobalsecurity.com
Senior Whole Health, a Cambridge, Mass.-based healthcare plan for senior citizens, has raised $16 million in Series B funding. Flexpoint Partners led the deal, and was joined by Council Ventures, New Capital Partners, Noro- Moseley and SSM Partners. www.seniorwholehealth.com
Polymer Vision Ltd., a Dutch developer of rollable electronic displays, has spun out of the Royal Phillips Electronics NV Technology Incubator and raised Euro 21 million in first-round funding. Technology Capital led the deal in exchange for a majority ownership position, while Royal Phillips will retain a 20% stake. www.polymervision.com
Boston Scientific Corp. (NYSE: BSX) has acquired EndoTex Interventional Systems Inc., a Cupertino, Calif.-based carotid artery stent maker. No financial terms were disclosed. Endotex had raised over $25 million in total VC funding, plus a late strategic infusion from Boston Scientific. Other shareholders included Delphi Ventures, Guidant Corp., New Enterprise Associates, New Venture Partners, Onset […]
Juvaris BioTherapeutics Inc., a Pleasanton, Calif.-based developer of vaccines for cancer and infectious diseases, has raised $7.53 million in Series A funding led by Kleiner Perkins Caufield & Byers, according to a regulatory filing. Tom Monath of KPCB will serve on the Juvaris board of directors. Juvaris had said on its website that it was […]
Harold Bradley has agreed to join The Ewing Marion Kauffman Foundation as chief investment officer, effective February 1. He currently serves as American Century Investment's CIO for U.S. growth equity mid-market/small-cap. www.kauffman.org
Corporate law firms Dewey Ballantine and Orrick Herrington & Sutcliffe have called off their proposed merger. In a joint statement, the firms said: “While both firms tried their best to work through these challenges, we were unable to bring the merger to completion. No one issue led us to this point, and each firm leaves […]
The Carlyle Group has promoted 34 professionals to senior positions, 16 to Managing Director and 18 to Principal/Director. They are: Colin Atkins, David Daniel, Marc Demumieux, Yi Luo, Masato Marumo, Eliot Merrill, Charlie Moore, Stephen Owens, Thomas Ray, Lori Sabet, Catherine Simoni, Michael Stewart, Takaomi Tomioka, Alex Wagenberg, Michael Wand and Brent Whisenant. The new […]
Pomona Capital has promoted Barry Miller to the position of partner. He joined Pomona last spring as an associate, after having spent six years with AXA Private Equity, where he was head of the New York office. www.pomonacapital.com
Kolorific Inc., a Milpitas, Calif.-based fabless semiconductor supplier of video processors and software solutions for the flat-panel HDTV market, has secured around $7 million of a $25.24 million Series C round, according to a regulatory filing. www.kolorific.com