Maskless Lithography takes $1M for circuit boards
Maskless Lithography, a company that prints circuit boards and surfaces for semiconductors, brought in $1 million of a targeted $1.5 million round of convertible promissory notes, according to a filing with the SEC. While the San Jose, Calif. company did not list investors in this… Continue Reading
Spire.com: Where the rich share tips, and I get jealous
Spire.com, a social networking site for the rich, has just raised $9 million in a first round of funding. Through articles and member recommendations, the site does a pretty good job of packaging “the good life.” Heck, I signed-up this afternoon, and I’m already feeling… Continue Reading
ScaleMP debuts aggregate virtualization with $8M funding
A new sort of virtualization is appearing in companies like ScaleMP, which turns the conventional notion of splitting one server into multiple virtual systems on its head.
ScaleMP instead aggregates together multiple low-end systems to create a more powerful one. The technique can help with systems… Continue Reading
Kleer raises $28M for wireless audio transmission
Kleer, a Cupertino, Calif. company that says it can provide better audio quality with less power consumed for wireless short-range transmission, has raised a large $28 million funding, its second.
Portable media like MP3 players as well as in-home broadcasting are the markets that Kleer is… Continue Reading
Airwalk latest company to pitch femtocell technology
updated
Airwalk Communications is part of a wave of companies developing “femtocell” technology, which lets your cell phone run on your home WiFi networks (update: the company only works on CDMA networks, not WiFi), and allows you to route calls over your land-line too. The Richardson,… Continue Reading
Life sciences briefing: Thursday, Dec. 20, 2007
TODAY’S HEADLINES:
Acorn Cardio raises $22M for heart-failure device (bizjournals.com)
Agile Therapeutics raises $5.6M for women’s health (release)
Polyheal draws $1M for wound healing (Globes)
MatrixBio receives seed funding for cancer diagnostics (release)
Pacira Pharma names David Stack as CEO (release)
VivoMetrics appoints Howard Baker as CEO (release)
Acorn Cardio raises $22M… Continue Reading
NorthStar Systems takes a further $18M for wealth management
NorthStar Systems International is a San Francisco, Calif. company that makes wealth management software for the financial services industry.
The $18 million financing wasn’t broken down by investor, but members of three firms did join the company’s board: Ropart Asset Management, TL Ventures and Trinad Capital.
The… Continue Reading
Optichron, a communications distortion removing co., raises $12M
Optichron, a Fremont, Calif. chip company that removes “nonlinear” distortion from signaling systems in wireless telephony, WiMax and GPS, said it has raised $12 million more in financing.
It also appointed Thomas E. Carlson as chief financial officer. See the company’s full statement here.
Investors included US… Continue Reading
Celator: Combining chemo drugs for fun and profit
(UPDATED: See below.)
Is there a better way to combine drugs in cancer chemotherapy? Celator Pharmaceuticals, a Princeton, N.J., venture drug maker that just raised $10 million, aims to find out.
Like Horizon Therapeutics, which we wrote about here, Celator is convinced that combining two existing drugs in… Continue Reading