Aperto bags $240K more for Wimax equipment
WiMax equipment provider Aperto Networks has raised $240,000 more in equity, according to a filing with the SEC. It just raised $537,000 at the end of October. Based in Milpitas, Calif., the company is backed by Alliance Ventures, Canaan Partners, GunnAllen Venture Partners, Quicksilver Ventures, Tyco Ventures, Innovacom and Jafco Ventures. It has now raised more than $160 million to date.
Paragon Lake will let you customize jewelry online
If you’re the stylish type and want to customize your clothing orders, there are lots of options for you on the web. Now it’s time to take that bring that approach to jewelry, says Matt Lauzon, founder and president of a company called Paragon Lake.
The Lexington, Mass. company has created a product it calls a “virtual display case,” an online service accessed by jewelry stores as they’re trying to make a sale, which allows customers… Continue Reading
Aperto takes $537K for WiMax networks
WiMax equipment provider Aperto Networks has brought in $537,000 in equity, according to a filing with the SEC. Based in Milpitas, Calif., the company is backed by Alliance Ventures, Canaan Partners, GunnAllen Venture Partners, Innovacom, Jafco Ventures, JK&B Capital, Quicksilver Ventures and Tyco Ventures.
GroundWork lays claim to $5M for IT operations management software
GroundWork Open Source, a provider of open source systems and network management software, announced today that it raised $5 million in a fourth round of venture funding. The San Francisco-based company plans to use the money for further product development.
The round was led by Canaan Partners, and included existing backers Mayfield Fund, Jafco Ventures and SAP Ventures. It last raised financing in February 2007, bringing in $12.5 million.
Aperto Networks takes $165K for WiMax equipment
WiMax equipment provider Aperto Networks has brought in $165,000 more in equity, according to a filing with the SEC. The Milpitas, Calif.-based company just raised $569,000 in early August, bringing the round’s total to $1.7 million. Previously, it brought in $159 million from backers including Alliance Venture, Canaan Partners, GunnAllen Venture Partners, Innovacom, JAFCO Ventures, JK&B Capital, Quicksilver Ventures and Tyco Ventures.
Video ad network Tremor snaps up funds from SAP
Tremor Media, the large online video advertising network, announced that it brought in an undisclosed amount from SAP Ventures, SAP’s investment arm, among others, in a strategic round of funding. According to the regulatory filing with the SEC, Tremor recently increased the round by $2 million. It plans to use the money to continue building out its offerings.
The New York company is known for its Acudeo video monetization system. It says the alliance with SAP… Continue Reading
Aperto nails down $569K for WiMax base stations
WiMax equipment provider Aperto Networks has raised $569,000 in equity, reports VentureWire. Before now, the Milpitas, Calif., company had raised $159 million from Alliance Venture, Canaan Partners, GunnAllen Venture Partners, Innovacom, JAFCO Ventures, JK&B Capital, Quicksilver Ventures and Tyco Ventures. It brought in $170,000 in debt financing in June, and $20 million before that in April 2008.
Aperto makes WiMax base stations and network equipment for residential and commercial deployments.
Relievant Medsystems raises $20M to treat lower back pain
Relievant Medsystems, maker of minimally invasive procedures used to treat chronic lower back pain, has brought in $20 million in private equity from Morgenthaler Ventures, Canaan Partners, Emergent Medical Partners and ONSET Ventures.
Based in Redwood City, Calif., the company has conducted a small pilot study testing out the effectiveness of its lead procedure and has seen positive results. The device used allows spine surgeons to relieve nerve pain in just the lower back without damaging… Continue Reading
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 has also received funding from Amidzad.
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 Capital, Quicksilver Ventures and Tyco Ventures, reports VentureWire.
Aperto makes WiMax base stations and network equipment for purposes ranging from residential-size deployments to full scale commercial. It also makes a base… 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 product, which measures lung inflammation, has already earned requisite approval. It says the new funds will go toward marketing and further product development.
In 2003, Apieron brought in $4.6 million from… 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 first benefactor when it was founded in 2005).
Based in New York, Associated Content says it will use its new financing to increase its numbers of users, publishers and advertisers. It… 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, primarily for breast and ovarian cancer patients, that use inhibitors to kill cancer cells by preventing them from repairing their own DNA. Its lead compound in this area, BSI-201, is currently… 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 lending sites, rather than going through a bank; The New York Times wrote about the phenomenon last fall. Sunnyvale, Calif.-based Lending Club says the number of loans made through the site… 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 monitor comScore to provide gross rating points for online videos (just like TV commercials). According to comScore, Tremor is the fourth largest aggregator of streaming video on the web behind… 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 (including CollegeHumor, Vimeo and eVite), which agreed to hand over 100 percent of its stock in Reserve America Holdings in exchange for 3.5 million shares of convertible preferred stock in Active…. 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 treatment methods based on inhibitors that kill cancer cells by preventing them from repairing their own DNA, BiPar says.
Its lead compound, currently in phase-two tests, could also be used to… 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., the biotech company hoped to bring in $67.2 million on 4.2 million shares, but decided against going public due to unfavorable market conditions. Before it filed in November, it had… 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 quality).
San Jose, Calif.-based IDT, which specializes in semiconductor solutions for the digital media industry, says the acquisitions — including two flagship brands, HQV and Reon — will complement its existing… 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. and India.
Working with about 30 clients, UnitedLex offers support in a range of legal areas — from administration and billing to intellectual property issues and litigation. It even has its… Continue Reading