Human Resources

PITTSBURGH — AcceLight Networks Inc. today announced $60 million in new equity and debt financing that will be used primarily for strategic investment in product development and research, as well as to expand the company’s sales and customer engagements in key North American and International markets. In addition to AcceLight’s initial investors, Menlo Ventures and […]

LOS ANGELES — Hiwire Inc., the leading provider of advertising solutions for streaming media, announced the closing of $9.5 million in capitalization, anchored by New Enterprise Associates (NEA), Zone Ventures, Grey Ventures (a subsidiary of Grey Global) and Clear Channel Communications (NYSE:CCU). The funding will allow Hiwire to improve its world class ad insertion technology, […]

WALTHAM, MA — Gomez Inc. today announced a financing round of $3.5 million to fund future growth. The round was led by existing investor Dolphin Communications Partners of New York. Also participating were Softbank Finance and Morningstar Japan. The funds will be used to underwrite the development and distribution of new products and services, according […]

PITTSBURGH, PA — Precision Therapeutics Inc., a provider of laboratory testing service that helps physicians to evaluate available anticancer therapies for patients, today announced that it has secured $17.5 million in series B funding. Additionally, Precision Therapeutics is announcing the addition of Stan Lapidus, chairman of Exact Sciences, to its Board of Directors. Precision Therapeutics’ […]

SOUTH SAN FRANCISCO — Fluidigm Corp. (formerly Mycometrix), an innovator in the rapidly emerging microfluidic technology market, today announced it has raised $34 million in Series C financing from venture capital investors. Fluidigm also has commitments for up to an additional $4 million. Lehman Brothers, a global investment bank, led the round with additional investments […]

FREMONT, CA — Cradle Technologies, Inc., the creator of the Universal Microsystem (UMS), today announced that it has completed a first close of $10 million toward its Series D round of financing. The financing, led by current investors Charter Ventures and Smart Technology Ventures, will enable Cradle to complete initial production and sampling of its […]

FREMONT, CA — Cradle Technologies, Inc., the creator of the Universal Microsystem (UMS), today announced that it has completed a first close of $10 million toward its Series D round of financing. The financing, led by current investors Charter Ventures and Smart Technology Ventures, will enable Cradle to complete initial production and sampling of its […]

BLUE BELL, PA — Locus Discovery Inc., a new computational drug design biopharmaceutical company, announced today that it has raised a total of $40 million in the company’s third round of preferred stock financing. The financing was completed in two phases. On September 7, 2001 Locus announced that it raised $28 million in the first […]

WALTHAM, MA — Eigner, a leading developer of precision product lifecycle management (PLM) solutions, today announced that it has received a $17 million investment from Ampersand Ventures. The funds will be used to continue the company’s product development and customer support initiatives, and to expand the company’s sales, marketing and business development programs as it […]

SAN FRANCISCO — Telephia, Inc., the leading provider of market intelligence for the wireless industry, today announced that it has secured $38 million in fourth-round funding led by AEA Investors. Centennial Ventures and existing investors also participated in the round. Telephia will use the new capital primarily to extend its offering of wireless voice-based solutions […]