Bungee Labs raises $8M for app development platform
Bungee Labs is a web-based development platform that allows developers to more easily build and release web applications. It entered into beta last May and is now fully open to the public.
The platform centers around Bungee Connect, in which applications are put together and tested. Using Connect is free; Bungee begins charging only for services used once the app is released for commercial use.
Several other services compete with Bungee at various levels, including Zoho Creator,… Continue Reading
Life sciences briefing: Tuesday, Nov. 20, 2007
Featured companies: American TeleCare, Gliknik, Juvaris BioTherapeutics, Medsphere Systems, Primera Biosystems
UPDATED: Expanded items on Juvaris, Medsphere, Primera, American TeleCare and Gliknik. Moved Broncus Tech and Aegerion Pharma items to an IPO roundup here.
Vaccine maker Juvaris Bio raises $12M, aims for $30M more — According to VentureWire (subscription required), this Pleasanton, Calif., vaccine maker raised $12 million in its first funding round. That appears to contradict an earlier item from PE Hub that said Juvaris BioTherapeutics had raised… Continue Reading
Life sciences briefing: Monday, Aug. 27, 2007
Featured companies: Bravo Health, InfraReDx, MedAssets, Prestwick Pharmaceuticals
Prestwick Pharma raises $20M for neuro drugs — Specialty pharma Prestwick Pharmaceuticals, a Washington, D.C., firm that acquires cast-off drug candidates to treat neurological conditions, raised $20 million from existing investors, VentureWire reports (subscription required). Among those participating in the funding were Atlas Venture, Sofinnova Ventures, Vivo Ventures, Scale Venture Partners, Warburg Pincus and Pequot Ventures.
Prestwick said it raised the funds to acquire additional drug candidates. The company filed… Continue Reading
TriCipher, an online user authentication company, raises $15M
TriCipher, a Los Gatos, Calif., provider of user authentication security technology to protect against online fraud and identity theft, said it has raised $15 million in a third round of cash and debt financing.
Led by RBC Technology Ventures, the round included existing investors Arrowpath Venture Partners, Intel Capital, Trident Capital, Wasatch Venture Fund, and Zions SBIC, a subsidiary of Zions Bank. Comerica provided some debt in the round.