Aspen Aerogels raises $37M for nano-insulation materials
Aspen Aerogels, a Northborough, Mass.-based company that uses nanotech-processes to make insulation materials, has wrapped up a $37 million fourth round of funding. The round was led by Arcapita Ventures and joined by existing investors Lehman Brothers Venture Partners Reservoir Capital Group and RockPort Capital… Continue Reading
Intelleflex raises $15.5M for RFID equipment
Intelleflex is the maker of an “extended capability” radio frequency identification (RFID) tags, along with the higher-powered readers that make the passive tags active at longer ranges.
Although the RFID industry hasn’t quite lived up to the “RFID revolution” that was proclaimed for retailers several years… Continue Reading
AllOptic raises $24M for high-bandwidth equipment
AllOptic is a maker of optical cables and other equipment for high-speed networking, primarily serving telecom and cable companies.
The Livermore, Calif. firm got its start in 1999, but barely made it through the dotcom bust. A fresh $15 million infusion in 2005 resuscitated the company.
Life sciences briefing: Tuesday, Dec. 4, 2007
Featured companies: AgraQuest, BridgeHealth, CardioMems, Collegium Pharmaceutical, Emergin, Entegrion, gDiapers, Precision Therapeutics, PregLem
UPDATED: Expanded items on Entegrion, Collegium, and gDiapers. Added CardioMems item. New items posted on AgraQuest (link), BridgeHealth (link) and Precision Therapeutics (link).
Entegrion draws $4.7M for bleeding control — Entegrion, a Research Triangle Park, N.C.,… Continue Reading
Cisco gets serious about WiMax, buys Navini for $330M
Cisco, the large networking company, said it has agreed to acquire Navini Networks, a company that offers a WiMAX “upgrade” for mobile customers, for $330 million in cash and stock.
This shows that Cisco is getting serious about WiMax, a technology long in development but which… Continue Reading