Orsus raises funds for risk management software, buys rival Cinario
Orsus, a Mountain View, Calif. company that makes both software and hardware for risk assessment and security purposes, announced it has raised a round of capital and has acquired smaller rival Cinario. The financial terms of the deal have yet to be disclosed. All that is known about the financing round is that it was provided by existing investors.
The purchase may give Orsus more reach in the United Kingdom, where Ireland-based Cinario’s clients include retail… Continue Reading
Movidia brings in $14 million for mobile video chip
Movidia, developer of mobile video processors, announced today that it landed $14 million in first-round funding to launch its new mobile phone video chip in early 2009. The chip will require less energy to run, while at the same time giving users the ability to quickly produce their own video content using only their cell phones.
The Irish semiconductor company hopes the processor’s capabilities will help it make a name for itself in the social networking… Continue Reading
Life sciences briefing: Wednesday, Sept. 19, 2007
Featured companies: Acceleron Pharma, AdvanDx, Altheus Therapeutics, BiPar Sciences, Coventina Healthcare Enterprises, ForteBio, Ganymed Pharmaceuticals, Mako Surgical, Nile Therapeutics, Novate Medical
[NOTE: This briefing was posted on Friday, 9/21/07; I've edited its timestamp to preserve chronological order among the briefings.]
Nile Therapeutics raises $20M, goes public in reverse merger — Berkeley, Calif.-based Nile Therapeutics, a developer of cardiovascular drugs, raised $20 million from new and existing investors and carried out a reverse merger that takes the company public…. Continue Reading