Broncus inhales $38M to treat lung disease, eyes IPO
Broncus Technologies, developer of devices to treat emphysema and other lung ailments, may make a second run at going public after bringing in $38 million in seventh-round funding to break even, reports VentureWire. The Mountain View, Calif. company first filed for a $75 million IPO last November, but withdrew in June due to the flagging lifescience market.
Resuscitated in July with $10 million in debt financing from Western Technology Investment, Broncus plans to release two cancer-fighting… Continue Reading
Melodis matches $7 million with its music discovery service
Ever hear a catchy tune but not know the name of the song or the artist? Midomi, a web site and mobile service, lets you play a recorded song or sing a snippet of it yourself, and then it matches that information to its library of more than 17 million song samples. Then, you can listen to the recommended samples and go buy the song on iTunes or watch related videos on YouTube.
Midomi’s parent company,… Continue Reading
RateItAll gets $800K to pay users for reviews
RateItAll, a site that lets users write reviews of any topic and receive a share of ad revenue for doing so, has raised $800,000 in funding.
Co-founder Lawrence Coburn describes the company as “distributed Yelp for everything,” and the site’s front page shows off a wide range of topics — the “featured lists” include reviews of Barack Obama’s potential vice presidents, mobile social networks and NBA finals players. If users write a review, they get a… Continue Reading