Home News Briefs Page 9131

News Briefs

Cisco (Nasdaq: CSCO) has agreed to acquire IronPort Systems Inc., a San Bruno, Calif.-based provider of messaging security appliances, for $830 million in cash and stock. IronPort has raised around $94.4 million in total VC funding since its 2000 inception, from firms like Allegis Capital, Menlo Ventures, Amicus LLC, ChevronTexaco, General Motors, New Enterprise Associates, […]
Variation Biotechnologies Inc., an Ottawa, Canada-based maker of vaccines for infectious diseases, has raised US$35.7 million in Series A funding. Clarus Ventures led the deal, and was joined by Arch Venture Partners, 5AM Ventures and certain seed backers. www.variationbiotech.com
vJive, a Mumbai, India-based broadband out-of-home media & digital signage network, has closed the initial tranche of a $22.6 million venture funding round led by Matrix Partners India. www.vjive.net
Horizon Therapeutics Inc., a Palo Alto, Calif.-based drug developer, has raised $15 million in Series B funding. Scale Venture Partners (f.k.a. BA Venture Partners) led the deal, and was joined by fellow return backers Sutter Hill Ventures and Pequot Ventures. The company had raised a $6 million Series A round in late 2005 at a […]
InvenSense Inc., a Santa Clara, Calif.-based provider of motion sensing solutions for mobile and consumer applications, has raised $11 million in Series B funding. Qualcomm Ventures was joined by return backers Artiman Ventures and Partech International. www.invensense.com
Mochila, an online content marketplace, has raised $8 million in new venture capital funding. Charles River Ventures led the deal, and was joined by return backers Mission Ventures, The Greenspun Corp. and Jerry Colonna. www.mochila.com
Next New Networks, a New York-based operator of micro television networks over the Internet, has raised $8 million in Series A funding from Spark Capital. The company is run by co-founder Herb Scannell, former vice chairman of MTV Networks and president of Nickelodeon. www.NextNewNetworks.com
BizCapital, a lender owned by Advantage Capital Partners, has invested $4.5 million for the creation of The Monroe Motor Speedway, which would be the first paved auto racing facility in the New Orleans region. www.biz-capital.com
Phase Bioscience Inc., a Durham, N.C.-based biotherapeutics company, has secured the first tranche of its Series B funding from Johnson & Johnson Development Corp. and return backer Hatteras Venture Partners. No financial terms were disclosed. www.phasebio.com
Stentsys, a Paris, France-based developer of stents for the treatment of blocked coronary artery bifurcations, has raised an undisclosed amount of seed funding from Sofinnova Partners. www.stentys.com
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination