Matchmaker application Zoosk catches $6M
Zoosk, provider of a social network application for dating, has brought in $6 million in a third round of preferred stock. Based in San Francisco, it previously raised $4.1 million last year at this time from Canaan Partners, ATA Ventures and Amidzad Partners.
Disclosure: VentureBeat… Continue Reading
WiMax vendor Aperto adds $170K after raising millions
WiMax equipment provider Aperto Networks has raised $170,000 in debt financing from undisclosed investors. Based in Milpitas, Calif., the company is actually one of the wealthiest in the space, having raised $159 million from Alliance Venture, Canaan Partners, GunnAllen Venture Partners, Innovacom, JAFCO Ventures, JK&B… Continue Reading
Apieron inhales funds for asthma monitor
Apieron, maker of a device that monitors asthmatic conditions, has brought in an undisclosed sum in a fourth round of financing from existing investors Alliance Technology Ventures, Canaan Partners, Draper Fisher Jurvetson and Onset Ventures. Based in Menlo Park, Calif., the company says its lead… Continue Reading
Associated Content nabs $6M for its publishing tools
Associated Content, the company that allows 250,000 media companies and unaffiliated users easily publish text, video and audio content on the web, has snagged $6 million in a third round of funding from Softbank Capital, Canaan Partners and new AOL chief executive Tim Armstrong (its… Continue Reading
Cancer drug maker BiPar sells to Sanofi-aventis for $500M
BiPar Sciences, maker of tumor-targeting cancer treatments, will be acquired by public global pharmaceutical company Sanofi-aventis. The two companies have signed a binding agreement that could deliver more than $500 million to BiPar, divided into varying milestone payments.
Based in Brisbane, Calif., BiPar creates therapies,… Continue Reading
Lending Club raises $12M more for peer-to-peer loans
Lending Club, a website where people looking to borrow money can connect with lenders, has raised $12 million in a second round of funding.
Given the extent to which credit has dried up, it’s not hard to see why borrowers would be interested in peer-to-peer… Continue Reading
Video ad network Tremor Media raises $18M
Large video advertising network Tremor Media announced that it raised $18 million in a third round of funding so that it can invest in other video technologies, like video ad monetization platform Acudeo. Earlier this month, the New York-based company sealed a deal with web… Continue Reading
Active Network acquires online campsite booker ReserveAmerica
The Active Network, a network of sites targeting athletic and active-lifestyle users, announced today that it’s buying ReserveAmerica, an online service for booking campground space across the U.S., for an undisclosed amount.
It was formerly a subsidiary of IAC, a conglomerate of interactive web-based businesses… Continue Reading
BiPar snags $20M for inhibitor-based cancer therapies
Pharmaceutical firm BiPar Sciences just brought in $20 million in private equity and venture debt to advance its lead therapy, targeting breast cancer, to phase-three clinical trials. The investment will double the Brisbane, Calif.-based company’s cash on hand, a huge vote of confidence for its… Continue Reading
Transoma brings in $5M for heart diagnostics
Transoma, maker of cardiovascular monitoring and diagnostic products, landed $5 million in fourth-round funding from United Therapeutics, Affinity Capital Management, Canaan Partners, Cross Creek Capital and Polaris Venture Partners, reports VentureWire. The money comes after the company withdrew its filing to go public earlier this year.
Based in St. Paul, Minn.,… Continue Reading
Video processor maker Silicon Optix sells assets and tech to IDT
Silicon Optix, developer of high-definition video processors, has sold out almost entirely to Integrated Device Technology (IDT) for an undisclosed amount. The sale includes the transfer of intellectual property and engineering teams in addition to its Emmy-winning products (it was awarded for producing sharp picture… Continue Reading
UnitedLex raises $6 million to build expert legal team
UnitedLex, a provider of legal consulting, technology and outsourcing services, brought in $6 million this week in a second round of funding led by Canaan Partners and including Helion Venture Partners. The new money will go toward scaling the Atlanta-based company both in the U.S…. Continue Reading
Blurb raises $5M for self-publishing software
Blurb. Inc., developer of free downloadable software that lets anyone lay out and print their very own book, announced today that it nabbed $5 million in third-round funding to continue building its feature BookSmart tool, according to peHub. Backers in this round included Canaan Partners… Continue Reading
Apieron seeks $25M under new leadership
Apieron Inc. plans to score $25 million in its currently open fourth-round of funding to advance development and build up sales of an asthma monitoring device.
This round is the first of Holly McGarraugh’s brand new tenure as president and chief executive officer. She joined… Continue Reading
Tyco acquires Vue Technology for $43M
Tyco International subsidiary Sensormatic Electronics Corporation announced today that it bought Vue Technology, Inc., a developer of RFID software, for $43 million.
Sensormatic is known for technology used to prevent inventory loss and improve supply chain efficiency. The acquisition of Lake Forest, Calif.-based Vue is… Continue Reading
Dexterra raises $21.5M to expand mobile platform, carrier partnerships
Mobile business software provider Dexterra announced today that it scored $21.5 million in sixth round financing from existing investors led by New Enterprise Associates and including Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This brings the company’s total funding to $106.5… Continue Reading
EBillme raises $12M for online payment
Online payment startup eBillme has raised $12 million more in venture funding. The Delaware, Md.-based company says its payment solution, which competes with services like Paypal and Google Checkout, says it’s superior because payments are bank-to-bank (rather than credit-based) and don’t require the disclosure of… Continue Reading
Vivox scores deals for voice-communication in online games for 38 Studios and Sony
Once considered an afterthought in games, voice communication is becoming a bigger part of the online gaming experience. Now players can use sound strategically in large games known as massively multiplayer online games (MMOs). You can engage in a high-quality group voice chat with a… Continue Reading
Soasta raises $6.4M for cloud-based testing
Mountain View, Calif.-based Soasta, a company that tests applications on cloud networks to iron out problems before users migrate to the cloud, has raised a second funding round of $6.4 million.
Soasta sells its services to other companies, who want to move their data or… Continue Reading
Sports site The Active Network raises $80 million, for more acquisitions
The Active Network, a company that offers sports community sites like Active.com, has raised an $80 million fifth round of funding, led by existing investor and strategic partner ESPN, with additional funding from venture firms. The San Diego-based company offers a range of events, marketing… Continue Reading