VC Private Financings

Arriva raises $6,000,000

Arriva Pharmaceuticals, Inc., a biopharmaceutical company focused on developing anti- inflammatory therapies for treating respiratory diseases, completed a financing of $6 million.  Arriva is a privately held biopharmaceutical company focused on developing anti-inflammatory therapies for treating respiratory diseases. The company’s areas of therapeutic focus are: hereditary emphysema, chronic obstructive pulmonary disease (COPD) including smoking-related emphysema, […]

Arthrosurface raises $4,000,000

Arthrosurface, Inc., the developer of less-invasive joint resurfacing systems, has announced that it has raised approximately $4 million.  The company’s HemiCAP® systems consist of a range of contoured articular prosthetics and instrumentation intended for the repair of significant lesions and cartilage damage in the major joints. Arthrosurface continues to grow its line of shoulder, great […]

Monitoring Division raises $3,850,000

Monitoring Division, Inc., a revolutionary network performance monitoring company launched this month, today announced that it has raised $3.85 million in its initial round of funding.  The new company’s first product is a ground breaking Optical Signal-to-Noise Ratio (OSNR) monitor that will help telecommunications OEMs and carrier customers better distinguish and rapidly measure the impairments […]

Akimbo raises $8,000,000

Online video provider Akimbo Inc., which focuses on monetizing video over the Internet from content providers’ own Web sites, said it received a new round of funding.  San Mateo-based Akimbo said it “supports multiple business models including ad-supported, transactional, subscription, download-to-own, download-to-burn, pay-per-minute, gift cards and account credits.”  The round was for $8 million, according […]

Purfresh raises $5,000,000

Purfresh, formerly known as Novazone, Inc., a leading provider of clean solutions for food and water, announced today the final closing of its Series C funding round with an investment of $5 million.  With more than 300 customers in 22 countries, Purfresh is a leader in clean solutions for food and water. Its chemical-free, ozone-based […]

NextIO raises $18,800,000

Secretive startup NextIO Inc. has clinched $18.8 million in Series C funding as it plans to unveil its first I/O virtualization products linking servers and storage.  The Austin, Texas-based startup, which is backed by Dell, has developed what it describes as a PCI-Express I/O virtualization switch. This can be deployed either as a blade or […]

Alert Logic raises $8,250,000

Alert Logic Inc., a Houston-based provider of on-demand IT network security solutions, has raised $8.25 million in Series C funding.  Alert Logic’s threat, log, and IT compliance management solutions provide the easiest way for our customers to protect their networks and comply with policies and regulations. Our on-demand platform utilizes software-as-a-service to deliver the benefits […]

CrunchyRoll raises $4,050,000

CrunchyRoll Inc., a San Francisco-based video sharing site focused on anime, has raised $4.05 million in Series A funding.

Helpstream raises $8,600,000

Helpstream (formerly known as Pathworks Software), the provider of on-demand collaborative customer service solutions, today announced it has closed an $8.6 million round of financing.  Helpstream is the first solution to incorporate “wisdom of crowds” capabilities into a solution that tightly integrates all the essential elements of effective customer service — including case management, knowledge […]

Mascoma raises $50,000,000

Mascoma Corp., a Cambridge, Mass.-based provider of cellulosic biomass-to-ethanol development and production, has raised $30 million in equity funding and $20 million in debt funding.  Mascoma was founded in 2005 by Dartmouth professors Lee Lynd and Charles Wyman. The company is developing enzymes for the conversion of organic material (wood, straws, fuel energy crops, paper […]