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
TC50: DataXu optimizes ad campaigns in real-time
Online advertising took a beating in 2008, but the market continues to rebound. Advertising startup DataXu — pronounced “data zoo” — displayed a new technology at the TechCrunch50 event that optimizes online ad campaigns in real-time across several exchanges including Google and Yahoo’s marketplaces. DataXu… Continue Reading
DisplayLink raises $8M for network display chips
DisplayLink, maker of semiconductors that allow computers to connect to more than one monitor through USBs, has brought in $8 million in a fourth round of venture funding, according to an SEC filing. The Palo Alto, Calif. company did not list investors in the recent… 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
GE participates in $14.2M for Advanced Electron Beams
General Electric announced today that it has poured more cash into Advanced Electron Beams (AEB), a company working on making electron beam technology more energy efficient. With electron beams used widely to instigate industrial and manufacturing chemical reactions, the company’s offerings could add up to… Continue Reading
Ticket reselling site Seatwave lands $17M amid tough rivals
Seatwave, one of several sites for secondary ticket sales, has brought in $17 million in a fourth round of funding to continue developing and marketing its platform. While the London-based company has done quite well for itself — recording a 200 percent jump in revenue… Continue Reading
VideoIQ raises round for fancy video surveillance cameras
VideoIQ is one of the companies pursuing “intelligent video surveillance.” That means it is bringing security cameras and their accompanying equipment into the modern computer age. This includes cameras that transfer video over the Internet for storage on hard drives, where the video can be… Continue Reading
NTRGlobal raises $34M for remote support and collaboration
NTRglobal, a company that offers a range of IT-related products delivered via online subscription, has raised $34 million in funding. The funding was led by new investor Kennet Partners, which was joined by another new investor, Atlas Venture, and existing investors Debaeque and Elaia Partners.
The… Continue Reading
Life-science briefing: Friday, April 11, 2008
TODAY’S HEADLINES:
Stent maker IDev Tech raises $25M (VentureWire)
Xytis gets $15M for brain-injury drugs (VentureWire)
Diagnostic maker Iris Biotech plans to go public, launch breast-cancer test (Edgar)
RiverVest Venture Partners raises $75M life-science fund (release)
Concentric Medical names Maria Sainz CEO (release)
[Note: I’m a little sad to announce that this will… Continue Reading
Secondary event ticket site Seatwave raises money, amid industry frenzy
Seatwave, a European market place for event tickets where fans can buy and sell directly from and to each other, has raised $25 million in a third round of funding.
The financing continues a — yes, a large wave — of interest in the secondary ticket… Continue Reading
ShoZu raises $12M to connect mobile phones to Web
ShoZu, a London-based company that lets users connect their cell phones to social networking sites, has raised $12 million in a third round of funding.
ShoZu was one of the finalists for “best mobile start-up” in the 2007 Crunchies awarded this month. The company says its… Continue Reading
Life sciences briefing: Tuesday, Jan. 22, 2007
TODAY’S HEADLINES:
Teva acquires protein-therapeutic maker CoGenesys for $400M (release)
ViewRay takes in $25M for MRI radiation-therapy guidance (release)
NovaMed, Chinese clinical-research outfit, receives $14M (release)
Progentix Ortho raises first funding round (release)
Medical imaging co. Point Biomedical recaps with $25M (VentureWire)
Lumidigm takes in $7M for optical-fingerprint ID systems (VW)
Medical-software… Continue Reading
DisplayLink, raises $24M for chips to connect displays via USB
DisplayLink, a Palo Alto, Calif. company that makes chips to allow connections between computers and other visual display devices using USB, has raised $24 million in a third round of financing.
The funding comes from DAG Ventures, and included investors Atlas Venture, Balderton Capital and DFJ… Continue Reading
Life sciences briefing: Monday, Sept. 24, 2007
Featured companies: Adnexus Therapeutics, Bristol-Myers Squibb, Cellerix, Elixir Therapeutics, GenomeQuest, Intronn, JapanBridge, JenaValve, VirXsys, Ysios Capital
[NOTE: This item is a catchup daily briefing originally posted on 9/27/07. I've edited the item's timestamp to preserve the chronological order of the briefings. --D.P.H.]
Adnexus Thera cancels IPO, sells… Continue Reading
Life sciences briefing: Tuesday, Sept. 11, 2007
Featured companies: Enobia, F-star, N Spine, Omni Life Science
Enobia splints together $38M for bone disorders — Montreal’s Enobia, a biotech focused on aiming drugs specifically at bone diseases, raised C$40.1 million ($38 million) in a second funding round. Investors included OrbiMed Advisors, CTI Life Sciences Fund,… Continue Reading
Life sciences briefing: Monday, Aug. 27, 2007
Featured companies: Bravo Health, InfraReDx, MedAssets, Prestwick Pharmaceuticals
Prestwick Pharma raises $20M for neuro drugs — Specialty pharma Prestwick Pharmaceuticals, a Washington, D.C., firm that acquires cast-off drug candidates to treat neurological conditions, raised $20 million from existing investors, VentureWire reports (subscription required). Among those participating in… 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
Life sciences briefing: Thursday, Aug. 9, 2007
(UPDATED at 6:40pm PT: See below.)
Featured companies: Nereus Phramaceuticals, KFx Medical, NeuroMed Pharmaceuticals, Adnexus Therapeutics, Masimo, Biofisica, Aegera Therapeutics, LymphoSign, InfuScience, Palmetto Infusion Services
Nereus Pharma raises $45M for ocean-derived cancer drugs — San Diego’s Nereus Pharmaceuticals, a biotech that searches for cancer drugs in marine microbes, raised… Continue Reading
Virtualization trend continues — into mobile phones
VirtualLogix, a Sunnyvale, Calif. company, said it has raised $16 million in a second round of funding to push “virtualization” software to things such as iPods, mobile phones, traffic lights and digital watches.
Virtualization allows multiple operating systems to run simultaneously on hardware devices, allowing companies… Continue Reading
Tibco to buy business intelligence software co., Spotfire, for $195M
Tibco, a Palo Alto, Calif. software company, said it has agreed to buy business intelligence software company Spotfire, of Somerville, Mass. for about $195 million in cash.
Tibco said its own software, which gives companies a way to manage their data infrastructure in “real time,” would… Continue Reading