G2 Microsystems closes in on $1.25M for integrated circuits
G2 Microsystems, maker of integrated circuits for mobile resource management, is only $74,000 short of its targeted $1.25 million round of debt, according to a filing with the SEC. The Campbell, Calif. company’s backers include Deutsche Bank Capital Partners, Siemens Venture Capital, Starfish Ventures and… Continue Reading
ManageSoft brings in $2M for compliance software
ManageSoft Holdings, developer of software that manages the transfer of information between desktop computers and datacenters, has nabbed $2 million in debt financing from BlueCrest Capital Finance, reports VentureWire.
The Boston-based company’s top product is called Enterprise Compliance Manager, a software platform that allows its clients… Continue Reading
BioImagene adds Siemens funding for digital pathology
Digital pathology developer BioImagene brought Siemens Venture Capital into its fold last week, adding an unreleased amount to a recently-closed $26 million fourth-round of financing. That round was led by Burill & Co. and included Ascension Health Ventures, National Healthcare Services, Artiman Ventures and ICCP… Continue Reading
ISE raises $5.5M for hybrid city buses
ISE, a bus manufacturer located in Poway, Calif., has raised $5.5 million of a planned $25 million fourth round of funding, according to peHUB.
It’s easier to convert a bus into a hybrid electric vehicle. The vehicles already cost hundreds of thousands of dollars new, with… Continue Reading
Smart grid investments come hot and heavy — SmartSynch gets another $20M for talkative electrical meters
Two days ago it was Optimal Technologies with $25 million toward software for electrical grids; today, it’s SmartSynch with $20 million for wirelessly communicating meters. I haven’t gone back and done an official count, but with well over half a dozen large fundings in the… Continue Reading
Life sciences briefing: Wednesday, Nov. 28, 2007
Featured companies: American Aerogel, Clinicient, Frazier Healthcare Ventures, Genome Diagnostics, RadPharm, RainDance Technologies, Vivacta
UPDATED: Expanded items on Vitae, RadPharm, Vivacta and Genome Diagnostics. Intelligent Bio-Systems is now covered in a standalone item here.
Vitae Pharma takes in $15M for blood pressure, diabetes drugs — Vitae Pharmaceuticals, a Fort… Continue Reading
U-Systems raises $16.5M for breast ultrasound systems
U-Systems, a San Jose, Calif., maker of ultrasound systems for breast imaging, raised $16.5 million in a fifth round of funding. The company, founded in 1997, markets its systems for the early detection of breast cancer, particularly in women with dense breast tissue.
Although based in… Continue Reading
Broadcom to acquire Global Locate, a provider of GPS technology
Broadcom Corporation, of Irvine, Calif. a maker of semiconductors for communications, said it has agreed to acquire Global Locate, a private San Jose, Calif. fabless provider of global positioning system (GPS) and assisted GPS (A-GPS) semiconductor products and software.
The amount was undisclosed.
GPS is expected… Continue Reading
AirTight Networks, wireless intrusion prevention co., raises $14.5M
AirTight Networks, a Mountain View, Ca provider of wireless intrusion prevention technology, has raised $14.5 million in a third round funding.
A total of $36.75 million has been invested in the company since 2002.
The round was led by CMEA Ventures, and existing investors Blueprint Ventures,… Continue Reading
Linux OS software co., MontaVista, raises $21M
MontaVista Software, the Santa Clara supplier of embedded Linux operating systems and
development tools, said it has raised $21 million in funding led by Siemens
Venture Capital. Also participating were NEC, Alloy Ventures, US Venture Partners,
Aplix and others, the company said.
Venture Development Corporation (VDC) estimates that worldwide… Continue Reading