Caring Inc. buys Gilbert Guide to connects seniors with housing
Caring Inc., the company that runs Caring.com to provide resources for people taking care of the elderly, has acquired Gilbert Guide, a directory of senior living facilities, for an undisclosed amount, reports Dow Jones VentureWire. Based in San Mateo, Calif. Caring Inc., had partnered with… Continue Reading
ForSight startup takes in $6M for advanced eye care
ForSight Vision4, the fourth vision technology startup incubated by ForSight Labs, has brought in $6 million in venture capital, reports VentureWire. While no investors in this recent round were named, the firm’s past companies have been backed by Morgenthaler Ventures, Split Rock Partners and Versant… Continue Reading
Transcend Medical sees $20M for glaucoma device
Transcend Medical, maker of devices used to treat glaucoma, brought in $20 million of an anticipated $40 million round of equity, reports VentureWire. Based in Menlo Park, Calif., the company brought in $9.4 million in a first round of funding in 2006 from Morgenthaler Ventures,… Continue Reading
Sonoma secures $12M to heal wrist, clavicle fractures
Sonoma Orthopedic, maker of a device used to mend wrist and clavicle fractures, has raised $12 million in a third round of funding to commercialize its first two products, reports VentureWire. Based in Santa Rosa, Calif., the company’s flagship offering is the WaviBody — a… Continue Reading
Ardian pumps in $47M for high blood pressure device
Ardian , developer of a device that could help treat high blood pressure, has brought in $47 million in a third round of funding led by Medtronic and including Emergent Medical Partners , Advanced Technology Ventures , Morgenthaler Ventures and Split Rock Partners .
Based in… Continue Reading
Migraine sufferers look elsewhere as Cierra buckles
The headache is over for medical device maker Cierra. Actually it’s all over. The Redwood City, Calif.-based company is out of business after failing to draft enough participants into a clinical trial of a catheter-based technology purported to reduce migraines, VentureWire reported. It takes $29… Continue Reading
EBR Systems gets $35 million for new style pacemaker
EBR Systems, which develops cardiac pacing devices, has raised a $35 million third round of financing. This money will help it take its product to clinical trials, according to VentureWire.
Delphi Ventures led this round, with existing investors De Novo Ventures, Frazier Healthcare Ventures, Split Rock… Continue Reading
Sinexus gets $20M, Entellus takes $15M for sinus products
Feeling stuffy? Two sinus-focused companies, Palo Alto, Calif.-based Sinexus and Maple Grove, Minn.-based Entellus, want to help out, with fresh rounds of funding for product development.
Venture funding for ear, nose & throat (ENT) companies hasn’t been terribly common in the past, but seems to be… Continue Reading
Split Rock Partners raises $300M for second fund
Split Rock Partners, a venture capital firm based in Minneapolis with offices in Menlo Park, Calif., has raised a $300 million second fund for investment in healthcare, software and Internet companies.
Split Rock first raised funds in 2005, picking up $275 for its inaugural fund. It… Continue Reading
Miramar Labs gets $20M for “aesthetic” devices
Miramar Labs (no Web site), a Menlo Park, Calif., medical-device maker, raised $20.3 million in a second funding round, I’ve learned. There isn’t a huge amount of public information about the company, although it appears that the company is working on electromechanical devices of some… Continue Reading
TNS buys Web traffic analysis company Compete for $75M
Taylor Nelson Sofres, the world’s third largest market research company according to one measure, has acquired Compete, a company that tries to measure the traffic and types of people that visit certain web sites, for $75m (£37.8m).
TNS, based in London, apparently made the statement as… Continue Reading
Life sciences briefing: Tuesday, Jan. 8, 2008
TODAY’S HEADLINES:
CyberHeart pumps in $9M for cardiac-arrhythmia treatment (release)
Incubator ForSight launches third device company with $6M funding (release)
Primera Biosystems raises $21M for molecular diagnostics (release)
Biogen Idec, PDL BioPharma take stakes in Ophthotech (release)
Technitrol acquires medical-device component maker Sonion for $385M (release)
DLJ Merchant Banking takes control… Continue Reading
Evalve pulls in $60M, heating up heart-valve implant race
Evalve, a Menlo Park, Calif., developer of minimally invasive heart-valve repair implants, raised $60 million in a fourth funding round.
Evalve’s device is designed to replace risky open-heart surgery for patients whose mitral valve, which regulates blood flow between the left two chambers of the… Continue Reading
Caring.com, a site for caregivers, to launch this week
(Update: Turns out, Care.com, a very similarly named site, has just raised $2M. More below.)
Caring.com, a Silicon Valley web site aimed to help people care for aging parents, plans to launch its Web site Friday, and has raised $6 million in a first round of… Continue Reading
Life sciences briefing: Tuesday, Aug. 21, 2007
(UPDATED at 7:40pm PT: See below.)
Featured companies: Adnexus Therapeutics, BioForm Medical, Confirma, Cardiovascular Systems, Mirabilis Medica, Neuromed Pharmaceuticals, PlaCor, Seno Medical Instruments, Vibrynt
BioForm Medical files $115M IPO for “medical aesthetics” — BioForm Medical, a San Mateo, Calif., developer of wrinkle fillers and other products for… Continue Reading
ForSight Labs appoints CEO, and invests $5M into second ophthalmic company
ForSight Labs, a Menlo Park, Ca. incubator of ophthalmic start-ups, said it has appointed K. Angela Macfarlane as President and CEO.
In addition, ForSight said it has invested in a second company. This company, name undisclosed, raised an initial $5 million round from Morgenthaler Ventures, Split… Continue Reading
Forsight Labs launches glaucoma treatment co., Transcend, with $7M
Medical incubator ForSight Labs has launched glaucoma treatment company, Transcend Medical, with a $7 million in a first round of funding from venture capitalists, according to VentureWire (sub required).
Morgenthaler Ventures and Split Rock Partners, two of the investors in ForSight, co-led the round. ForSight’s… Continue Reading
MyNewPlace raises $12 milion for apartment rental site
MyNewPlace has raised an additional $12 million in venture capital.
We wrote about the company back in March, when the San Francisco company first raised $8 million,, and did a podcast with founder John Helm, where we explained the model in more detail. It does not… Continue Reading