Venture Capital
CORRECTING and REPLACING Airgas Announces $250 Million Offering of Senior Notes (Business Wire)
RADNOR, Pa.----Headline of release should read: Airgas Announces $250 Million Offering of Senior Notes . The corrected release reads:
Categories: Venture Capital
Eureka Genomics Closes $3.7 Million Private Financing (Business Wire)
HERCULES, Calif.----Eureka Genomics today announced the closing of a $3.7 million private financing round whose participants included private individuals and undisclosed angel investors.
Categories: Venture Capital
Grid Petroleum Corp. Completes Initial Financing (Business Wire)
LONDON----Grid Petroleum Corp. can today announce the receipt of an initial $500,000 from a European institutional investor.
Categories: Venture Capital
InterAct Public Safety Systems Announces $1.5 Million Stimulus Grant Program (Business Wire)
WINSTON-SALEM, N.C.----InterAct Public Safety Systems, a leading provider of safety and security software used by government agencies as well as private sector businesses, today announced a $1.5 Million Stimulus Grant Program in support of public safety agencies planning to upgrade their mission-critical software.
Categories: Venture Capital
Affymax® Receives $5 Million Milestone Payment on Initiation of Phase 3 Clinical Trials for Hematide in Japan (Business Wire)
PALO ALTO, Calif.----Affymax, Inc. today announced that it has received a $5 million development milestone payment from Takeda Pharmaceutical Company as part of the companies’ exclusive global agreement to develop and commercialize Hematide™, Affymax’s investigational drug for the treatment of anemia in chronic renal failure patients.
Categories: Venture Capital
1010data Secures $35 Million Equity Investment from Norwest Venture Partners (Business Wire)
NEW YORK----1010data, providers of data warehouse and business intelligence products and services, today announced a $35 million minority equity investment from Norwest Venture Partners , a leading global venture capital firm. 1010data's "transparent database" approach represents a paradigm shift for the industry that helps business users make critical decisions by closing the gap between users and their data.
Categories: Venture Capital
Hercules Technology Growth Capital Commits $25 Million to Velocity Technology Solutions (Business Wire)
PALO ALTO, Calif.----Hercules Technology Growth Capital, Inc. , the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that it has committed $25 million in debt financing of a $45 million syndicated credit facility to Velocity Technology Solutions, a leading application service provider of cloud-based technologies for the enterprise software market.
Categories: Venture Capital
The Principal Financial Group Contributes to Chile Relief Efforts (Business Wire)
DES MOINES, Iowa----The Principal Financial Group® has announced a pledge of $131 million Chilean Pesos , to relief efforts for Chile, following the devastating earthquake that struck on Feb. 27, 2010.
Categories: Venture Capital
Archer Daniels Midland Company Announces Pricing of Tender Offers for $500 Million of Its Outstanding Debt (Business Wire)
DECATUR, Ill.----Archer Daniels Midland Company today announced the following consideration to be paid in its previously announced cash tender offers for $500 million principal amount of its outstanding debentures .
Categories: Venture Capital
FNCB Completes $25 Million Sale of Subordinated Notes (Business Wire)
DUNMORE, Pa.----First National Community Bancorp, Inc. reported today it has completed its previously announced sale of $25 million of subordinated notes, which will mature on September 1, 2019.
Categories: Venture Capital
Mindspeed Announces Closing of $18.3 Million Common Stock Offering (Business Wire)
NEWPORT BEACH, Calif.----Mindspeed Technologies, Inc. , a leading supplier of semiconductor solutions for network infrastructure applications, today announced the closing of its previously announced public offering of 2.52 million shares of common stock, at a price of $7.25 per share.
Categories: Venture Capital
Hercules Technology Growth Capital Provides an Additional $3.0 Million of Capital to InfoLogix, Inc. to Launch New Products Roll-Out and Fund New Growth (Business Wire)
PALO ALTO, Calif.----Hercules Technology Growth Capital, Inc. , the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that it has increased its commitment to grow the operations of InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries.
Categories: Venture Capital
Wonmore Investing Nearly $2 Million Into Endeavour High-Rise on Clear Lake (Business Wire)
AUSTIN, Texas----Houston-based Wonmore Ltd. announces they are investing nearly $2 million to renovate and repair the Endeavour Clear Lake luxury high-rise. Wonmore, a single purpose entity and partnership created for the acquisition of the property, purchased the remaining 44 condominiums in the Endeavour luxury high-rise on Clear Lake, located at 4821 NASA Parkway in Pasadena, Texas, for $9.5 million on December 16, 2009.
Categories: Venture Capital
VinPerfect Finishes Note Round and is Joined by Silicon Valley Veteran Jim Olson (Business Wire)
SACRAMENTO, Calif.----Today, Tim Keller, CEO, announced the company successfully raised sufficient capital to carry through prototyping and testing phases and to a Series A round. This announcement comes within days after the appointment of Jim Olson as Interim President of VinPerfect, Inc.
Categories: Venture Capital
UTSA to Dedicate $82.5 Million Applied Engineering & Technology Building Tomorrow (Business Wire)
SAN ANTONIO----How do you pack and move a sensitive multimillion dollar piece of equipment to its new home laboratory? “Very, very carefully,” says Rick Zamora, UTSA facilities project manager.
Categories: Venture Capital
Testar Expands LED Chip Testing Services with Green Light on WI Harper Group Investment (Business Wire)
TAIPEI, Taiwan----Testar Electronics Corporation, specialists in testing and optimizing Light Emitting Diode chips and a subsidiary of Chroma ATE Inc. , today announced it has signed definitive agreements to become an independent entity and to receive an institutional investment from WI Harper Group.
Categories: Venture Capital
Research and Markets: What VCs Need to Know About Attracting Investment into Their Venture Capital Fund from Foreign Investors (Business Wire)
DUBLIN----Research and Markets has announced the addition of the "What VCs Need to Know About Attracting Investment into Their Venture Capital Fund from Foreign Investors" audioconference to their offering.
Categories: Venture Capital
NEA Announces Appointment of Ron Bernal as Venture Partner (PR Newswire)
New Enterprise Associates, Inc. , a leading global venture capital firm, today announced that technology industry veteran Ron Bernal has joined the firm as a Venture Partner. In this new role, Mr.
Categories: Venture Capital
SiBEAM, Inc. Secures $36.5 Million in Series D Funding (Business Wire)
SUNNYVALE, Calif.----SiBEAM, Inc., the leading innovator of millimeter wave solutions and developer of high-speed wireless communications platforms, today announced the closing of $36.5 million in Series D funding led by Foundation Capital.
Categories: Venture Capital
New Investment Fund Backs Space Technologies Finding Uses on Earth (PR Newswire)
For years, ESA has been bringing space technologies down to Earth through its Technology Transfer Programme and Business Incubation initiatives. Now, the Agency will strengthen these initiatives by supporting new businesses using space innovations through a dedicated venture capital fund.
Categories: Venture Capital