Debit card provider Tempo Payments racks up $2.7M
Tempo Payments, a provider of debit cards and related technologies, has brought in $2.7 million of an anticipated $3 million round of equity. Based in San Mateo, Calif., it last raised $5 million in a third round of investment in 2007 from Cardinal Venture Capital,… Continue Reading
OpenTable ups share price for IPO as Silicon Valley watches closely
Online reservation service OpenTable is predicted to go public this week — much to the excitement of the Silicon Valley community — and it just lifted its estimated price range from $12 to $14 per share to $16 to $18 in response to investor demand…. Continue Reading
Stoke, the fixed-wireless convergence company, raises $15M more
Stoke, the company that wants to let you use your mobile phone or other device on your wireless carrier while on the go, but let you switch to your broadband connection at home, has raised $15 million more in a fourth round of financing.
The company… Continue Reading
MetricStream lands $2.5M for compliance software
MetricStream, maker of software and services for governance, risk assessment and compliance for businesses of all sizes, just brought in $2.5 million in debt financing, reports VentureWire. Based in Palo Alto, Calif., it builds solutions tailored to a variety of industries, including pharmaceuticals, food and… Continue Reading
Maxim Integrated acquires Mobilygen for video compression
Surveillance semiconductor company Maxim Integrated Products announced that it will buy private video chip maker Mobilygen for an undisclosed amount. The large public company hopes the acquisition will provide it with the compression technology it needs to make analog security cameras compatible with digital streaming,… Continue Reading
Stealth educational startup Grockit raises $8M more
Grockit, a San Francisco-based educational startup, has raised an additional $8 million, led by Integral Capital Partners with previous investor Benchmark Capital participating.
The company has been working on a product since last year, but has managed to keep the details close to its chest. Last… Continue Reading
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… Continue Reading
Life sciences briefing: Monday, Jan. 7, 2008
TODAY’S HEADLINES:
Surgical-device maker Aragon Surgical receives $25M (release)
Tacere Therapeutics strikes RNAi deal with Pfizer for up to $145M (release)
Benvenue Medical raises $15M for spine-repair devices (release)
Genome-association co. Genizon BioSciences draws C$31M (release)
Contract research organization Inclinix pulls in $10M (release)
EPocrates, healthcare IT developer, gets strategic investment… Continue Reading
AT&T buys pay-per-call company, Ingenio
updated
AT&T has agreed to acquire privately held Ingenio, a provider of so-called “pay-per-call” technology, for an undisclosed amount.
Ingenio lets businesses bill clients when they call for information, instruction or other educational purposes. It also gives businesses a way to advertise online, letting them provide their… Continue Reading
ArcSight, enterprise network security co., files to go public — barely profitable
ArcSight a Cupertino, Calif. provider of software that manages security and compliance for the networks of large companies, has filed for a $74.75 million IPO.
The company broke even in the year ending April 30, on $69 million in revenues, according to its filing.
Since launching in… Continue Reading
Visible Path hires new CEO
Visible Path, an early professional social networking company backed by big-name venture capitalists, dropped off the public radar in recent years. But it’s trying to change that.
The Foster City, Calif. company has made two moves to bring new focus: hiring a new chief executive, Cary… Continue Reading
Vantage Media raises $70M to help education publishers with search advertising
Vantage Media, a Venice, Calif. firm that helps publishers in the educational sector create ads that show up higher in search engine results, has raised $70 million in a frist round of venture capital.
The financing was led by Montgomery & Co. Also participating were Scale… Continue Reading
Software security co., Fortify, to buy Secure Sotware
Palo Alto’s Fortify Software, which provides security products for the software development process, said it will buy a company that does something similar, Mclean, Va.-based Secure Software. The goal is to have a larger customer base, it said.
See full statement here.
Secure Software has raised about… Continue Reading
XDx looking to raise $25 million more for personalized medicine
XDx, a Brisbane, Calif. company that monitors the immune system with personalized medicine based on insights from the Human Genome Project, said it is raising up to $25 million more in cash.
The news, reported this morning by VentureWire (sub required) would be the company’s fifth… Continue Reading
Health Hero raises $16M for web-based home monitoring technology
Health Hero Network, a Redwood City start-up that provides a Web-based technology for people to monitor chronic health problems from their home, has raised $16 million in a second round of funding.
The product is called the Health Buddy System. The investment was led by existing… Continue Reading