PacketMotion raises $5M for network management
PacketMotion, a San Jose, Calif. provider of enterprise network monitoring and compliance technology, has raised $5 million in a third round of funding to build the sales and marketing operations for its PacketSentry Manager and Probe, a program that helps mid to large-sized companies comply with audit requirements.
Reservoir Venture Partners led the recent round of financing, which included Intel Capital, Mohr Davidow Ventures and Onset Ventures.
Arisdyne Systems raises $5.3M for alternative fuel technology
Arisdyne Systems, a Cleveland, Ohio-based manufacturer of alternative fuel technologies, has secured $5.3 million in first round funding. The proceeds will allow the firm to be independently spun off from Five Star Technologies, its parent company.
No investors were disclosed in the deal; previous investors include CTTV Investments, Early Stage Partners, Industrial Technology Ventures, Morgenthaler Ventures and Reservoir Venture Partners.
Arisdyne harnesses the power of hydrodynamic cavitation, a process in which vapor cavities (bubbles) form in a… Continue Reading
Life sciences briefing: Friday, Sept. 28, 2007
Featured companies: Imalux, Sagent Pharmaceuticals, Sequel Pharmaceuticals, Sinexus, TranS1, U.S. Spinal Technologies
Sagent Pharmaceuticals draws in $53M for injectable generics — Sagent Pharmaceuticals, proving that there’s still life in the apparently lucrative but boring specialty-pharmaceuticals business, raised $53 million in a first funding round. Vivo Ventures led the round for the Schaumburg, Ill., company.
Like other specialty pharmas, Sagent essentially picks up abandoned or cast-off drugs from other companies and tries to make them work in new ways…. Continue Reading