Asetek calls in $16M to quietly cool laptops, other devices
Liquid cooling company Asetek, based in San Jose, Calif., has raised $16 million in its second round of venture funding.
Asetek makes cooling devices for PCs, laptops and other small-form computers, most of which today use forced air cooling driven by fans. The advantages of liquid cooling include a better thermal profile and less noise.
Liquid cooling is likely to take over in many electronics in coming years, as we wrote in a recent article about miniature… Continue Reading
Content aggregator Spleak adds 3 new online news channels
Spleak Media Network, a content aggregation platform, has added new themes to its portfolio of content communities on the web in partnership with major content publishers.
The company takes news from partnering publishers, such as gossip about Lindsay Lohan, and publishes it across a broad set of internet venues such as instant messaging platforms, social networks, destination web sites and mobile phones. Publishers use the service to expand the reach of their publications to online readers.
The… Continue Reading
Design automation company Nangate seeking $10M
Nangate, a Sunnyvale, Calif.-based developer of electronic design automation software, is looking to raise $10 million in a third round of venture funding, according to VentureWire.
The company previously raised $15 million from Sunstone Capital, NorthCap Partners and Seed Capital Partners. Its revenue was about $500,000 for the first quarter of 2008.
Nangate says its software improves design speed, design area and power consumption.
Life sciences briefing: Wednesday, Dec. 19, 2007
TODAY’S HEADLINES:
Gene-silencing developer Santaris raises €20M (PDF release)
Consumer-driven healthcare manager RedBrick Health prescribed $15M (release)
Cardiac Dimensions takes in $36M for heart-valve device (release)
TcLand Expressions gets €8.2M for biomarkers (PDF release)
TheraQuest Bio gets $3M for pain drugs (release)
Brain-software maker NeuroTrax visualizes $1.5M (VentureWire)
ActivBiotics selling off assets after clot-busting drug failure (release)
Nanostart buys stake in Singapore’s Curiox, a drug-discovery tech firm (release)
Respiratory biotech Altair Thera gets additional funding (VentureWire)
Specialty pharma Prometheus Labs files for $100M IPO (Edgar)
Sirtris… Continue Reading