DailyMotion — the European YouTube — grabs $25M
DailyMotion, the online video company in Europe that resembles YouTube, announced that it brought in a $25 million round of capital led by French Sovereign Fund, a firm nearly half-owned by the French government, and designed to take minority stakes in promising French companies.
Based in… Continue Reading
Get ready for femtocells: Ubiquisys raises $11 M
If you’ve used an iPhone, you’ll know how frustratingly spotty its wireless coverage can be.
Fact is, wireless carriers such as AT&T (which serves the iPhone) are desperately searching for ways to unload the huge amount of traffic that are hitting their networks from iPhone and… Continue Reading
Intuitive Surgical buys NeoGuide for less invasive surgical tech
Intuitive Surgical, provider of large robotic surgical equipment, announced its acquisition of NeoGuide Systems, a San Jose, Calif., company that makes minimally invasive surgical devices. Financial terms of the deal have not been disclosed. Intuitive says it doesn’t have a specific application for NeoGuide’s technology… Continue Reading
Pathwork Diagnostics raises $20M for cancer diagnostic tests
Pathwork Diagnostics, a Sunnyvale, Calif.-based maker of cancer diagnostic tets, has raised $20 million in a second round of funding. The round was led by new investor Abingworth Management, with participation from existing backers Advent Venture Partners, Novus Ventures, Prospect Venture Partners, Venrock and Versant… Continue Reading
Life-science briefing: Tuesday, March 11, 2008
TODAY’S HEADLINES:
Affinergy gets $3M in grants for biological “linkers” (release)
Specialty pharma EUSA raises $50M, spends $23M for public biotech Cytogen (release)
Calderome takes in $12M for cancer diagnostics (peHUB)
Pulse Health raises $2M for handheld free-radical device (release)
LifeMasters takes in $15M for wellness, disease-management programs (release)
Dubai Techno… Continue Reading
OreCon, another wave-power startup, dives in
Vast amounts of power are locked away in the movements of the ocean, but because of technical challenges, the number of startups that have attempted to harness wave power thus far is relatively small when compared to wind or solar.
OreCon is the latest, with plans… Continue Reading
Wireless USB on the way — Wisair grabs $24M
Wisair, an Israeli ultra-wideband firm, has raised a large round of funding and says it’s gearing up to deliver more wireless USB products to the market, a technology that could cut down on the clutter of wires on the average computer user’s desk.
USB is the… Continue Reading
Video site Dailymotion raises $34M to grab lead in Europe
Dailymotion, a Paris, France-based video-sharing site that’s a distant competitor to YouTube, has raised $34 million in funding, according to the Wall Street Journal.
The site, like many others, lets you share personal videos privately with friends or publicly with anyone. Like its competitors, people can… Continue Reading
Life sciences briefing: Monday, Aug. 20, 2007
(UPDATED at 7:10pm PT: See below.)
Featured companies: NeurAxon, VytronUS, Avila Therapeutics, CardioNet, Ventana Medical Systems, CytoLogix, PlaCor
NeurAxon raises $32M for pain drugs — You have to hand it to Waltham, Mass.-based NeurAxon — the company certainly knows how to keep itself in the news. Today, it announced… Continue Reading
Inflammation drug maker Conatus Pharma completes $27.5M round
Conatus Pharmaceuticals, a San Diego developer of drugs for inflammation and liver disease, closed a $22 million private placement that brings its first round of funding to $27.5 million. Investors included Aberdare Ventures, Advent Venture Partners, Bay City Capital, and Gilde Healthcare Partners.
Conatus was founded… Continue Reading