Actelis scores $4.7M for copper-wire ethernet
Actelis Networks, maker of equipment that lets ethernet run over copper wires, tacked $4.7 million more onto its previously raised $15 million sixth round of funding, reports VentureWire. With fiber optics becoming too pricey for many businesses, copper has become a popular alternative.
The Fremont, Calif.-based… Continue Reading
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… Continue Reading
$3.6M grant rains on Arcadia for Indian agriculture
Arcadia Biosciences has secured a $3.6 million grant from the United States Agency for International Development to promote rice and wheat cultivation in India for the next three years. The Davis, Calif.-based company has developed strains of the two crops that take up nitrogen and… Continue Reading
Endoscopic Tech nabs $11M for heart surgery tools
Medical device maker Endoscopic Technologies brought in an $11 million tranche of second-round funding from Boston Scientific, Telegraph Hill Partners and Saints Capital. The money will be used to further develop the San Ramon, Calif. company’s line of devices that aid in cardiothoracic surgeries like… Continue Reading
Arcadia snags $15M for heartier Safflower Oil
Arcadia Biosciences, a company that engineers crops for agricultural efficiency and human health qualities, raked in $15 million in a second round of funding led by Exeter Life Sciences and including BASF Venture Capital America, CMEA Ventures and Saints Capital.
The money will go toward the… Continue Reading
Envivio raises $25M for video compression
Envivio, a South San Francisco, Calif. company that handles video compression for broadcasting companies, has taken a significant $25 million financing.
The platforms that Envivio is aimed at include most of the largest markets — mobile TV, Internet TV and IPTV. The company works with standard… Continue Reading
Medical imager Point Biomedical recaps with $25M
Point Biomedical, a San Carlos, Calif., developer of new biomedical-imaging products, raised $25 million in a recapitalization, peHub reports. Such recapitalizations often amount to a kind of “reset button” for existing investors and lenders, and usually suggest that a startup has run into some kind… Continue Reading
Travel sites Kayak and Sidestep merge, aim to become market leader
Updated
Travel search engine Kayak has taken on $196 million in additional funding from a prominent group of investors.
It has separately purchased main rival SideStep for $180 million, as well as $20 million in the company’s bank account for a total of $200, Techcrunch first reported…. Continue Reading
Forte Design Systems raises $5.4M for hardware chip design
Forte Design Systems, a San Jose company that helps create chip hardware designs, said it has raised $5.4 million in a fourth round of venture backing.
Saints Capital joined 3i Corporation and Infinity Capital as main investors in the company.
Leo de Luna, senior associate… Continue Reading