Upek raises $6.2M for fingerprinting software

Upek, a provider of software technology that authenticates fingerprints for various security applications, has brought in $6.2 million of a targeted $12.7 million round or equity, rights and securities, according to a filing with the SEC. The Emeryville, Calif. company is backed by Diamondhead Ventures, Earlybird, EDBV Management, Green Dot Capital, and Sofinnova Ventures.

Upek filed to go public in 2007, but ended up withdrawing its application last year due to poor market conditions. It last… Continue Reading

Smoodoos, hyperactive German social network aimed at kids, raises cash

Smoodoos, hyperactive German social network aimed at kids, raises cash

Despite the fact that I can’t read or speak a word of German, I can tell you that Smoodoos, a German social network and virtual world aimed at children, looks insane.

That does not mean, however, that the undisclosed sum that Earlybird recently invested in its parent company, Just Us & Friends GmbH, is crazy as well. First, I suspect that today’s children, jacked into the internet shortly after they can walk, find manic forms of… Continue Reading

Life sciences briefing: Thursday, Feb. 21, 2008

Life sciences briefing: Thursday, Feb. 21, 2008

TODAY’S HEADLINES:

Compact ultrasound maker Zonare Medical raises $30M (VentureWire)
TherOx raises $30M for hypersaturated-oxygen devices (peHUB)
Accumetrics, antiplatelet-drug diagnostic maker, raises $29M (release)
Population Genetics takes in £3.8M for massively parallel genome studies (GenomeWeb)
“Brain fitness” trainer Dakim raises $11M (release)
BioIQ, home-diagnostics maker, takes in $2.5M (release)
Hospital med-tracker Sabal Medical raises funds (release)
Seattle’s PharmaIN gets $400K NIH grant for nanoparticle staph drug (PDF release)
SensiGen, molecular-diagnostics developer, receives Michigan state loan (release)
Arcus Ventures aims for $50M fund, targets cancer (VentureWire)

Compact… Continue Reading