Cell Biosciences to launch new tech with $10M
Cell Biosciences announced that it’s just brought in $10 million in a third round of funding to launch its new protein analysis technology used to track cellular pathways. It plans to sell its products to labs and research institutions that are developing medications and chemical diagnostics for cancer, diabetes and other diseases.
The Palo Alto, Calif. company has scheduled the launch for its new technology at the end of this month. A previous version of the… Continue Reading
SenSage raises $15M for data storage
Data warehousing startup SenSage has raised a $15 million round of funding led by new backer FTVentures.
The San Francisco company performs “log management”; In other words, it collects and stores data about a company’s online and IT activities, and that data can later be used for legal compliance, security and systems management. SenSage’s software is being used for a variety of purposes, including fraud detection by analyzing bank transactions, or sorting through call records for… Continue Reading
The future of solar is nanotech: Nanogram, Sunflake and other upcoming technologies
With a fresh $32 million funding going to nanotechnoloy firm NanoGram, mainly for development of next-generation solar cells, it’s a good time to point out some up-and-coming technologies that work on very small scales to make photovoltaic cells more efficient.
NanoGram has already had several commercial successes, including inventions in both electronics and medicine. However, the company has of late turned its sights on boosting the efficiency of solar cells.
The company is working on ultra-thin crystalline… Continue Reading
AdBrite raises $23M to keep up with ad network race
Updated. And, read our Q&A with AdBrite cofounder Philip Kaplan here.
Online advertising company AdBrite has raised $23 million in a third round of funding from investors led by DAG Ventures and including Sequoia Capital, Mitsui Ventures, and hedge fund Artis Management.
The funding comes as an increasing number of companies are building ad networks, lured by the lucrative buyouts of such companies of late. Microsoft, Yahoo, Google and others are shelling out billions for the best… Continue Reading
Solaicx, a solar cell maker, raises $27.1M more
Solar cell maker Solaicx, of Santa Clara, has raised $27.1 million more in a third round of funding to help it it expand production, saying its cells are more efficient.
The venture capital arm of D.E. Shaw & Co. led the round, which also included Mitsui Ventures and existing backers Applied Ventures, the venture arm of Applied Materials Inc., Big Sky Ventures, Firsthand Capital Management, and Greenhouse Capital Partners.
The anouncement is here.
The company says its… Continue Reading
DiObex, a metabolic disease treatment co., raises $24M
DiObex, a San Francisco biopharmaceutical company focused on treatments of metabolic diseases, said it has raised $24 million in a second round of financing.
The round was led by Inventages Venture Capital (Switzerland). Also joining the round are new investors Mitsui Ventures (Japan) and Pac-Link BioVentures (Taiwan), together with Series A investors Domain Associates, Pequot Ventures and Sofinnova Ventures, the company said.
The funds raised will be dedicated to the progression of DiObex’s two lead drug… Continue Reading