SKS Microfinance, a fast-growing microfinance institution in India gets $11.5 million investment SKS is scaling the microfinance business, which typically involves very small loans to help the poor create wealth, by relying on a for-profit model to access capital, using technology to overcome high delivery costs and adopting time-tested business practices to spur growth.
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Corcept Therapeutics Announces $9 Million Private Equity Financing Corcept Therapeutics Incorporated is a pharmaceutical company engaged in the development of drugs for the treatment of severe psychiatric and neurological diseases. Corcept’s lead product, CORLUX, is currently in Phase III clinical trials for the treatment of the psychotic features of Pelizaeus-Merzbacher Disease (PMD).
ZBD Displays Ltd, in a £10.5 million funding round. ZBD, which spun out of DERA in 2000, manufactures zero power, bi-stable displays that only require power to update the display content. Its initial target market is retail signage where ZBD offers wireless signage with excellent optical performance, data content and battery lifetime.
Xponent Photonics, the leading manufacturer of Surface Mount Photonic components, announced it has secured $23 million in Series 3 funding “This new round of financing will allow us to accelerate the market penetration of Surface Mount Photonics beyond the FTTx market. Xponent is already sampling low cost, high performance optical components to datacom, CATV […]
Teracent Corporation, poised to be the leading online consumer product advertising network, has received a Series A financing of $3.8 Million Instead of relying on old technologies such as content analysis, the backend analysis at Teracent learns what is popular at that moment, at what price, readies those offers and delivers them to its […]
HomeAway Inc.: American Capital Strategies Ltd. (Nasdaq: ACAS) announced today that it and an affiliate have invested $74.5 million in HomeAway Inc., the world leader in online “for-rent- by-owner” vacation home rentals.
FastScaleTM Technology, Inc., today announced that it has secured Series A funding of $6.5 million FastScale Technology delivers a new generation of software virtualization and provisioning solutions for enterprise-class Web farms and data centers. Through its patent-pending technologies, FastScale enables IT organizations to build, manage and deploy complex and dynamic software environments with unparalleled […]
Tobii Technology has obtained $14 million in funding from a venture capital firm to grow its Eye Tracking technology business, the company announced Monday Tobii, a Swedish firm with U.S. operations based in McLean, has developed a technology that allows a computer to follow where an individual’s eyes are looking. Tobii counts among its U.S. […]
Regado Biosciences, Inc., a privately-held biopharmaceutical company focused on the discovery and development of antidote-controlled antithrombotics, announced today the completion of a $23 million Series C financing — we are convinced we have an extraordinary reversible anticoagulant drug profile emerging from the clinical data
Axial Biotech, a genetic research firm headquartered in Salt Lake City, Utah, has raised $15.3 million in Series B financing Axial Biotech, which was founded in 2002, said it will use the capital to continue developing the world’s first genetic test for scoliosis, a childhood disease that causes deformation of the spine.
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