Digital Performance ropes in $3.2M for online auto market
Digital Performance, a web marketplace for car parts and accessories, raised $3.2 million in first round funding from Rincon Venture Partners, Arcturus Capital and Momentum Venture Management, the last of which provided the company’s $500,000 seed round in 2006.
The Newport Beach, Calif. company maintains a database of parts that can be searched by make, model and year of the car in question. It plans to use the new money to power up its sales efforts… Continue Reading
Life sciences briefing: Monday, Oct. 22, 2007
Featured companies: Ablynx, Avant Immunotherapeutics, BioForm Medical, Celldex Therapeutics, Genomas, High-Throughput Genomics, Orchid Cellmark, ReliaGene Technologies, SarCode, TransMolecular, VisEn Medical
UPDATED: Expanded items on SarCode, Celldex/Avant and Ablynx.
UPDATE REDUX: Added items on BioForm Medical, High-Throughput Genomics and Orchid Cellmark/ReliaGene.
San Francisco’s SarCode draws down $7M for inflammation drugs — The two-year-old startup drew down $7 million as part of a $25 million first funding round the company arranged last December, VentureWire reports (subscription required). Investors in that round included Alta… Continue Reading
Funding roundup: Announcements that got away
Although I try to stay on top of events in the life sciences, announcements do sometimes manage to slip through the cracks. Some days, in fact, I end up triaging. Because the roots of this site — not to mention many of its readers — are in Silicon Valley, Bay Area events are a priority. Then come announcements from the rest of the U.S., then Asia, then Europe. Also, smaller or partial fundings tend to… Continue Reading
SupplyFrame, a search engine for gadgets, electrical components
(Update: Corrected market spending figure to $400 billion)
The search engine revolution continues to ripple through to other parts of the business economy.
SupplyFrame, of Pasadena, Calif. is the latest to offer a specialized search engine for electronic components — and is also offering useful widgets about those components to embed in spreadsheets or Web sites. It has raised $7 million in a second round of funding.
Companies spend $11.6 billion annually in the U.S. to market electronic… Continue Reading