Penguin Computing snaps up $1.5M for Linux cluster virtualization
Penguin Computing, a San Francisco-based provider of Linux cluster virtualization, has just raised $1.5 million of an expected $2 million round of convertible promissory notes and securities, according to a filing with the SEC. It is backed by San Francisco Equity Partners, Convergence Partners, vSpring Capital and Weber Capital.
Athena captures $2M for women’s health services
Athena Feminine Technologies, provider of medical devices tailored to women — particularly to treat incontinence — has raised $2 million in a first round of preferred stock from vSpring Capital. Based in Emeryville, Calif., the company plans to use the money to build its sales and marketing operations.
CrimeReports: Tells me 10 people got mugged a block from my office
CrimeReports.com is your site if you want to know what police are doing in your neighborhood.
It’s incredibly useful: Want to know who got assaulted close to your home or office, and whether there were any car thefts, and when exactly all of that took place? CrimeReports has it. It overlays all of the police reports in your area on a local map, so you can see each crime — from robberies to sexual assaults —… Continue Reading
Rhomobile promises: Build once, deploy to any smartphone
If you’re interested in developing a mobile application but find the range of phones out there to be overwhelming, a startup called Rhomobile wants to help. Not only does its Rhodes programing framework allow you to build mobile applications using HTML and Ruby (much easier than, say, using the Objective C normally required for the iPhone), but your application is then available for iPhone, Blackberry, Windows Mobile, Symbian, and Android smartphones.
In other words, Rhomobile basically… 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 million in venture capital down with it from investors Delphi Ventures, Frazier Healthcare Ventures, Morgenthaler Ventures and Split Rock Partners.
Believing that migraines could be made less frequent by sealing a… Continue Reading
Life-science briefing: Tuesday, March 18, 2008
TODAY’S HEADLINES:
Luminous Medical raises $24M for automated glucose monitoring (release)
Alimera Sciences gets $30M for eye-disease drug (release)
Vaccine maker LigoCyte draws $28M (release)
Heartbeat tracker CardioNet trims IPO, aims for listing today (IPOhome)
Axial Biotech takes in $6M for spinal diagnostics (release)
Insulin bioengineer enGene receives $6.4M (release)
GlucoLight raises funding for, well, glucose monitoring (release)
Germany’s InflaRx gets seed funding for sepsis work (release)
Cell imager Amnis pulls in $3.5M (VentureWire)
Korea Bone Bank gets funding for bone transplants (release)
Luminous Medical raises… Continue Reading
Life sciences briefing: Friday, Feb. 15, 2008
TODAY’S HEADLINES:
Q Thera takes in $15M for neural stem-cell treatments (release)
Stroke clotbuster Concentric Medical withdraws IPO (IPOhome)
Avera recaps with $9M to relaunch human tests of GI drug (VentureWire)
Tissue repairer Nerites raises $5.7M (release)
Semafore Pharma aims for $7.5M to launch new cancer-drug trials (VentureWire)
Triage Wireless gets $6.7M for “cuffless” blood-pressure monitors (peHUB)
MAKO Surgicals prices IPO, falls in first day of trading (WSJ)
ImmunoCellular acquires assets of Molecular Antibody Technology (release)
Q Thera takes in $15M for neural stem-cell… Continue Reading
Life sciences briefing: Thursday, Dec. 6, 2007
(UPDATED: Expanded items on LineaGen, BG Medicine. Pelikan Tech is described in a standalone item here.)
TODAY’S HEADLINES:
Pelikan Tech raises $69M for diabetes glucose tests (release)
Utah’s LineaGen draws $6M for genetic diagnostics (VentureWire, sub req’d)
Beijing’s IKang Healthcare gets $25M for medical-service centers (VW)
BG Medicine drops IPO price range, seeks up to $52M (Edgar)
Sepragen completes acquisition of Cyto Biologic Tech (release)
Utah’s LineaGen draws $6M for genetic diagnostics — LineaGen (no Web site), a Salt Lake City biotech focused… Continue Reading
Penguin raises $3.11M for Linux cluster virtualization
Penguin Computing, a San Francisco-based provider of Linux cluster virtualization, has raised just over $3.11 million in a third round of funding, according to a regulatory filing cited by PE Wire.
Shareholders include vSpring Capital, San Francisco Equity Partners, Weber Capital and Convergence Partners.
Life sciences briefing: Tuesday, Sept. 18, 2007
Featured companies: BioMicro Systems, Diasome Pharmaceuticals, FitLinxx, FitSense, Novartis, Radius Health
[NOTE: This is a catchup briefing, posted on 9/29/07. I’ve adjusted the item’s timestamp to keep the briefings in chronological order. Good news is that this should be the last one. –D.P.H.]
Diasome names new CEO, aims to raise $15M for nanotech diabetes drugs — Diasome Pharmaceuticals, a Conshohocken, Pa., biotech focused on nanotech drug delivery, named David Tierney as its new CEO and is close to… Continue Reading
Biotech financing: Are early-stage companies hot again?
(Note: This item has been copied over to the Life Sciences page from its original location on the VentureBeat main page. To view it in its original context, with comments, click here.)
Venture investors’ interest in early-stage biotech companies may finally be starting to revive, nearly six years after the collapse of a biotech-stock bubble quashed appetites for the industry’s riskiest but often most innovative companies.
Biotech fundraising is certainly booming. The industry newsletter BioCentury (no link… Continue Reading
Penguin Computing raises $9M for Linux cluster virtualization
Penguin Computing, a company that sells Linux cluster virtualization, which makes groups of Linux servers appear and act like a single virtual system, has raised $9 million more in funding.
The advantage of cluster virtualization is that it allows control of thousands of systems as if they were a single system, which simplifies management.
The round was led by vSpring Capital, with participation from existing investors, San Francisco Equity Partners, Weber Capital and Convergence Partners…. Continue Reading