SinglePipe calls up $5M for VoIP services

SinglePipe Communications, provider of voice over internet protocol (VoIP) services, says it brought in $5.1 million in second-round funding from Chrysalis Ventures, Kentucky Science and Technology Corp. and Meritus Ventures. The Louisville, Ky. company sells its goods directly to cable operators, about 50 in all.

The crowded VoIP space has seen a lot of consolidation lately. Companies like Jajah, Jaxtr and Mig33 are still standing, but rivals Yoomba and Jangl, among others, have been pushed out…. Continue Reading

Life sciences briefing: Thursday, Nov. 8, 2007

Life sciences briefing: Thursday, Nov. 8, 2007

Featured companies: Formac Pharmaceuticals, Pradama, Protein Sciences, SantoSolve, Scandius BioMedical

UPDATED: Expanded items on Protein Sciences, SantoSolve, Scandius and Pradama.

Vaccine maker Protein Sciences gets $1M — Protein Sciences, a Meriden, Conn., biotech working on a faster way to make flu vaccines, raised $1 million in a convertible-debt offering. Diamyd Medical, a Stockholm-based biotech focused on diabetes, provided the funding.

The funding boosts Diamyd’s total investment in Protein Sciences to $4 million. Conversion of its earlier investment made the Swedish… Continue Reading