Fortinet buys assets from Ethernet co. Woven
Network security company Fortinet has acquired fabric Ethernet provider Woven Systems to boost the efficiency and speed of its offerings, reports PE Hub. Santa Clara, Calif.-based Woven’s claim to fame is that it makes some of the smallest and densest 10-gigabit network switches in the… Continue Reading
Eureka strikes $6M for cancer antibodies
Drug developer Eureka Therapeutics brought in $6 million in second-round financing to continue development of antibodies used to treat cancer, VentureWire reports. Harbinger Venture Management led the round, with contributions coming from Acorn Campus Ventures and Desert Spring Life Science Capital.
The Emeryville, Calif.-based company also… Continue Reading
Life sciences briefing: Tuesday, Aug. 7, 2007
(UPDATED at 12:30pm PT — see below.)
Featured companies: Capnia, AutekBio, Novacta Biosystems, XLHealth, Leprechaun, Agility Healthcare Solutions, AM Pharma, Milestone Pharmaceuticals, ChanTest
Capnia names former Alza head as CEO – The tiny Palo Alto, Calif., biotech Capnia hired Ernest Mario, a storied figure in the pharma/biotech world, as its… Continue Reading
Optovue, an ocular disease treatment co., raises $10.5M
Optovue, a Fremont, Ca. maker of devices that improve diagnosis and treatment of ocular disease, has received $10.5 million in second round of funding, the company announced said.
Based on high speed and high resolution Fourier-Domain OCT technology, the products help with retina conditions such as… Continue Reading