Frazier Healthcare Ventures of Seattle has made three promotions: Shelley Chu from vice president to principal; Brian Morfitt from senior associate to vice president and Steve Bailey from vice president to chief financial officer. www.frazierhealthcare.com
Alimera Sciences Inc., an Atlanta-based ophthalmic pharmaceutical company, has sold its OTC allergy franchise (including antihistamine Alaway) to Bausch & Lomb. No financial terms were disclosed. Alimera has recently closed its Series B round with a total of $31.8 million, from firms like BA Venture Partners, Domain Associates, Intersouth Partners, Polaris Venture Partners and Venrock […]
Plum, a New York-based network of local television stations in markets like Martha's Vineyard, Vail and the Hamptons, has raised $20 million in venture capital funding. The Kraft Group and hedge fund The Raptor Fund co-led the deal, and were joined by Ackerley Partners and The Pilot Group. Individual participants included Chris Blackwell (Island Records […]
LinkedIn, a Palo Alto, Calif.-based business networking site, is nearing a $13 million VC infusion that would value the company at around $250 million, according to MarketWatch. www.linkedin.com
Reevoo, a UK-based online customer review aggregator, has raised Gbp2.5 million in Series A funding led by Eden Ventures. www.reevoo.com
Innovawave Inc., a Round Rock, Texas-based provider of virtualization performance and efficiency management software, has raised $2 million in Series A funding led by Silverton Partners, according to a regulatory filing.
CoComment, a Swiss blog comment tracking service, has raised $1.5 million from Netage Capital Partners, according to Alarm Clock Euro. www.cocomment.com
Light Blue Optics Ltd., a UK-based developer of miniature laser projection technology, has raised $1 million in VC funding from return backer 3i Group. The deal is an extension of a 3i-led seed round that originally closed in July with $2.5 million. www.lightblueoptics.com
Protection One Inc. (OTC BB: PONN), a home security alarm company majority-owned by Quadrangle Group, has agreed to acquire Integrated Alarm Services Group Inc. (Nasdaq: IASG) for approximately $212 million (including $125 million in assumed debt). www.protectionone.com
PerkinElmer Inc. (NYSE: PKI) has agreed to Euroscreen Products, a majority-owned subsidiary of Euroscreen SA. No financial terms of the all-cash deal were disclosed. Euroscreen SA is a Belgium-based developer of assays and screening technologies for the discovery of drugs acting on G protein-coupled receptors. It has raised venture capital from firms like Synerfi SA. […]