More and more

Waltham, Mass. V.i. Labs Packs Up $4M For Software Security V.i. Laboratories Inc. has raised $4 million in new financing for its software security products. http://www.vilabs.com   Cambridge, Mass. In-Q-Tel Signs On To Back T2 Biosystems Medical diagnostic technology company T2 Biosystems Inc. has raised a $10.8 million Series B round to complete an initial panel of diagnostic tests. http://www.t2biosystems.com   Lexington, Mass. Predictive Screens $21.8M For Cancer Predictive Biosciences Inc., which seeks to use urinary biomarkers to better understand how to manage individual cancer patients, has raised a $21.75 million Series B led by New Enterprise Associates. http://www.predictivebiosci.com   Optical transmission systems | Acton, Mass. Mintera Lands $8M Credit Facility From SVB Mintera Corp., a maker of 40-gigabit optical components, has secured an $8 million line of credit from Silicon Valley Bank. http://www.mintera.com   Drug Discovery Technology | Boston Surface Logix Fills Pres., CEO Role With Dionne Surface Logix Inc., a developer of small molecule drugs, appointed Keith Dionne to the position of president and chief executive and to its board of directors. http://www.surfacelogix.com   Hangout Industries 3D social networking Boston, Massachusetts   Virtual Computer Advanced virtualization technology Westford, Massachusetts     Worcester, Mass. Verax Hunting Up To $15M In Tough Market Verax Biomedical Inc., a maker of bacterial contamination detection devices, is raising up to $15 million in Series D financing for marketing tests, the company told VentureWire. http://www.veraxbiomedical.com   Boston Ludesi Appoints Lars Eric Utterman Board Chair Ludesi Corp., the developer of products and software for two-dimensional electrophoresis gels for the life sciences, announced the appointment of Lars Eric Utterman as chairman of the board. http://www.ludesi.com     Waltham, Mass. Former EqualLogic Chief Don Bulens Joins VideoIQ Board Video surveillance and analytics company VideoIQ Inc. has added Don Bulens to its board of directors. http://www.videoiq.net   Surgical Devices | Wilmington, Mass. Viacor Tops Off Series C To Push Through Trials In the midst of clinical trials, cardiac device developer Viacor Inc. said it has added $5 million from existing investors to its Series C financing, bringing the round to $20 million. http://www.viacorinc.com   Mzinga Inc., a Burlington, Mass.-based provider of white-label social networks, is looking to raise around $25 million in new private equity and debt funding, according to VentureWire. Earlier this year, the company raised $32.5 million ($15m in equity) from W Capital Partners, Bluecrest Capital Finance, GE Equity, Knowledge Industries and company management. Part of the proceeds were used to acquire Littleton, Mass.-based competitor Prospero Technologies. www.mzinga.com   Auraria Networks Inc., a Boxborough, Mass.-based provider of content management and information analysis products, has raised $10 million in Series B funding, according to a regulatory filing. Pilot House Ventures was joined by return backer Matrix Partners. www.aurarianetworks.com   Drug Manufacturing | Cambridge, Mass. Ironwood Nabs $50M To Complete Phase III Trial Ironwood Pharmaceuticals Inc. has raised a $50 million Series H private equity round to fund the completion of Phase III trials for its lead gastrointestinal treatment. http://ironwoodpharma.com Electronic components | Cambridge, Mass. Forma Thera Snaps Up SolMap Pharma Venture-backed Forma Therapeutics Inc. has acquired the assets and intellectual property of publicly traded Mercury Computer Systems Inc.'s biotechnology venture, SolMap Pharmaceuticals Inc. http://www.mc.com http://www.formatherapeutics.com http://www.solmap-pharma.com   Ironwood Pharmaceuticals Inc. (f.k.a. Microbia), a Cambridge, Mass.-based antibacterial drug company focused on gastrointestinal disorders, has raised $50 million in seventh-round funding. Morgan Stanley Investment Management led the round, and was joined by "numerous investors from previous financing rounds." The company has now raised over $250 million in total VC funding since 1998, from firms like Morgan Stanley, Ridgeback Capital, Fidelity Biosciences, Paperboy Ventures, Polaris Venture Partners and Venrock. Read more…   Cambridge, Mass. Link Medicine Connects With $40M Link Medicine Corp. has secured a $40 million Series C funding round that will enable it to launch clinical testing of its first neurological-disease drug next year. http://www.linkmedicine.com   Charlesbank Capital Partners has acquired Tecomet, a Wilmington, Mass.-based contract manufacturer of complex components for the medical device and aerospace industries. No financial terms were disclosed. The seller was Cardinal Health (NYSE: CAH). Read more…   Cambridge, Mass. Tipjoy's Jar Full With Series A Funds Tipjoy Inc. has raised nearly $1 million to become the Internet's tip jar for digital content. http://www.tipjoy.com   Surgical Devices | Woburn, Mass. U.S. Genomics Nabs Equity, Partners With Becton Dickinson Diagnostic and biodefense technology developer U.S. Genomics Inc. has raised $4.5 million through Becton Dickinson and Co. and sealed a strategic collaboration with that company to develop an infectious disease diagnostic platform. http://www.bd.com http://www.usgenomics.com   Waltham, Mass. DynaTrace Names John Van Siclen CEO DynaTrace Software Inc., a provider of lifecycle application performance management services for distributed Java and .NET applications, announced that John Van Siclen has been named chief executive. http://www.dynatrace.com   Cambridge, Mass. CityVoter Drafts $2.6M For Local Listings Site CityVoter Inc. has raised a $2.6 million Series B round of funding for its local listings and reviews site. http://www.cityvoter.com   Boston Swaptree Trades $3.35M Stake With Safeguard Swaptree Inc. has raised $3.35 million in Series C financing from Safeguard Scientifics Inc. http://www.swaptree.com     Soteira Inc., a Natick, Mass.-based developer of a system for treatment of vertebral compression fractures, has raised $12 million in Series B funding, according to a regulatory filing. Backers include Delphi Ventures, Prism VentureWorks, Federated Kaufman Fund, HLM Venture Partners and Partech International. Advanced Electron Beams, a Wilmington, Mass.-based developer of electron beam technology for advanced manufacturing processes and environmental control, has raised $4 million in new VC funding from GE Energy Financial Services. It had previously raised around $27.5 million from firms like Atlas Venture, General Catalyst Partners and Rockport Capital Partners. Read more… Boston Rapid7 Speeds Growth With $7M From Bain Four years after its founding, Rapid7 LLC, a provider of vulnerability management software, has raised $7 million in a Series A financing round from Bain Capital Ventures. http://www.rapid7.com Natick, Mass. Punchbowl Invites Series A Investors To The Party Punchbowl Software Inc. has reason to throw a party after closing a $2.1 million Series A financing. http://www.mypunchbowl.com   Bullhorn Front office software for the staffing and recruiting industry  Boston, Massachusetts   Wireless devices and systems | Cambridge, Mass. Ambient Devices Glows With .406 Funding Ambient Devices Inc., a developer of products that enable instant access to Internet data such as sports scores, has secured a new Series C round of funding from .406 Ventures and existing angel investors. http://www.ambientdevices.com   Cambridge, Mass. Wiggio Collects Seed For Student Collaboration Tools Targeting college students who don't want to just play games and socialize online, Wiggio Inc. has launched its collaboration tool. http://www.wiggio.com   Carbonite Inc., a Boston-based provider of online backup services for consumers and small businesses, has raised $20 million in Series C funding. Performance Equity led the round, and was joined by return backers Menlo Ventures, 3i and Common Angels Fund. The company has now raised $47 million in total VC funding, including a $15.2 million Series B-1 round in early 2007 at a post-money valuation of approximately $58 million. Read more…   The Echo Nest Corp., a Somerville, Mass.–based provider of search and interactivity solutions to music companies, has raised an undisclosed amount of first-round funding led by Commonwealth Capital Ventures. Read more…   Cambridge, Mass. Vanu Taps $32M For India, US Wireless Plays Vanu Inc. is flush with $32 million in new capital for a major rollout of its wireless infrastructure software in rural areas of the U.S. and India, where smaller wireless operators sometimes struggle to turn a profit. http://www.vanu.com   Histogenics Corp., a Waltham, Mass.-based tissue repair company, has raised $13.1 million in second-round funding. Return backer Boston Millennia Partners led the round, and was joined by Foundation Medical Partners and Stryker Corp. Read more…   Framingham, Mass. Women's Health Co. Interlace Medical Secures $7M Series D Interlace Medical Inc., a stealth mode women's health device company, has raised $7 million in Series B financing. http://www.interlacemedical.com   Old Road Computing (a.k.a. Virtual Computer), a Westford, Mass.-based virtualization technology startup, has raised $6 million in Series A funding from Highland Capital Partners and Flybridge Capital Partners. The round closed back in Q1. Read more…   Ridgeland, Miss. Bomgar Discloses $8M Insider Series C Bomgar Corp., maker of appliances for remote IT support, has announced an $8 million Series C round from its existing investors. http://www.bomgar.com   Burlington, Mass. Expressor Grabs $10M For Data Integration Expressor Software Corp., a provider of data integration software for large corporations, has secured $10 million in Series B financing. http://www.expressor-software.com   Brookline, Mass. Series A In Hand, Zapoint Cultivating Next Round To continue developing its platform to help recruiters quantify job applicants, Zapoint Inc. has raised a Series A round of funding and is in talks for a Series B. http://www.zapoint.com     Cambridge, Mass. Mobile Ad And Search Co. JumpTap Nabs $26M As it continues to compete with top-name technology companies, mobile search and advertising start-up JumpTap Inc. has raised a $26 million Series D round led by newcomer AllianceBernstein LP. http://www.jumptap.com Lexington, Mass. Mall Networks Rewarded With $7M Series B Mall Networks Inc., which runs loyalty shopping and rewards programs for financial services companies, has raised a $7 million Series B financing round that it hopes will take it to profitability. http://www.mallnetworks.com   Waltham, Mass. Forerun To Push Its Emergency Dept. Tech. With $1.35M Emergency department workflow technology provider Forerun Inc. has raised $1.35 million to fund further development and commercialization of its product. http://www.forerunsystems.com   Cambridge, Mass. Proteostasis Picks $45M For Genetic Therapies Proteostasis Therapeutics Inc., which seeks to treat genetic disorders and certain diseases of aging by enhancing the molecular networks that regulate thousands of proteins, has raised a $45 million first round led by HealthCare Ventures to advance its initial drugs toward the clinic. http://www.proteostasis.com   Quanterix Corp., a Cambridge, Mass.-based provider of single molecule analysics, has closed its Series A round at $15 million, according to VentureWire. Backers include Arch Venture Partners, Bain Capital Ventures and Flagship Ventures. http://www.quanterix.com/   Living Proof Inc. (f.k.a. Andora), a Cambridge, Mass.-based biomaterials startup, has raised $7 million in Series A-3 funding, according to a regulatory filing. Backers include Polaris Venture Partners. The company does not have a website.   Forerun Inc., a Waltham , Mass.-based provider of clinical workflow solutions for emergency rooms, has raised $1.35 million in VC funding led by the Massachusetts Development Technology Corp. Read more…   Bedford, Mass. Resolvyx Pharma Brings Series B To $29M Biopharmaceutical company Resolvyx Pharmaceuticals Inc. has added $4 million to bring its Series B round to $29 million as it continues to advance its therapies for inflammatory diseases and their complications. http://www.resolvyx.com   Environmental Operating Solutions Inc., a Bourne, Mass.-based water purification company, has closed its final tranche of its Series A round. No financial terms were disclosed, although VentureWire pegs the deal at $2.5 million. Stuart Mill Venture Partners led the round, with the Wolverine Venture Fund also participating. Read more…   Systems-administration software | Waltham, Mass. Ipanema Goes Walking With $7M For Expansion Ipanema Technologies Corp., a company that makes wide-area network equipment, has raised a $7 million new round of funding to expand its geographic reach. http://www.ipanematech.com Lowell, Mass. Bitwave Preps Chip Launch With $10M Bitwave Semiconductor Inc. is getting ready to bring its first chip product to market after five years in development, and has raised $10 million from investors to fund the launch. http://www.bitwave.com     GameLogic Inc., a Waltham, Mass.-based provider of solutions that help casino operators enchance customer relationships and attract new players, has secured $8 million of a $10 million Series C round, according to a regulatory filing. Listed shareholders include return backers Bain Capital Ventures, General Catalyst Partners and Maveron. The company had previously raised around $18.5 million. www.gamelogic.com   NetGraviton Inc., a Cambridge, Mass.-based provider of search engine marketing and optimization solutions, has raised $4 million in Series A funding led by Sigma Partners, according to a regulatory filing. www.netgraviton.com   BlueSocket Inc., a Burlington, Mass.-based provider of WLAN security and management systems, has sold its Pingtel Inc. subsidiary to Nortel (NYSE: NT) for an undisclosed amount. The deal comes just one year after BlueSocket acquired Pingtel from a group of venture capitalists. BlueSocket has raised around $67 million in VC funding since 1999, from Vesbridge Partners, Menlo Ventures, Boulder Ventures, Ascent Venture Partners, Ridgewood Capital and Ironside Capital Group. Read more…

__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com

the continuing amazing list of boston area entrepreneurial firms getting funding

A123Systems, a Watertown, Mass.-based maker of lithium-ion batteries, has filed for a $175 million IPO. It also disclosed another $102.1 million in VC funding, which brings its total to around $234 million. It plans to trade on the Nasdaq under ticker symbol AONE, with Morgan Stanley and Goldman Sachs serving as co-lead underwriters.   Shareholders include North Bridge Venture Partners (13.7% pre-IPO stake), General Electric (12.7%), Motorola (8.5%), Qualcomm (8.8%), Sequoia Capital, CMEA Ventures, FA Technology Ventures, Procter & Gamble, Alliance Capital, OnPoint, Carruth Management, the Massachusetts Institute of Technology and board chairman Desh Deshpande. Read more...     Neuron Systems Inc., a Burlington, Mass.-based drug developer for treatment of retinal diseases, has raised $8.96 million in Series A funding, according to a regulatory filing. Backers include Domain Associates and Johnson & Johnson Development Corp.   PatientKeeper Inc., a Newton, Mass.-based provider of integrated physician information systems, has raised $7.5 million in Series F funding, according to a regulatory filing. Return backers include Frazier Healthcare Ventures, Whitney & Co. and New Enterprise Associates. The company has now raised more than $75 million in total VC funding since 1999. www.patientkeeper.com   Enterprise development software | Waltham, Mass. Ounce Labs Adds Gary Jackson As CEO Ounce Labs Inc., a provider of source-code analysis software, has hired a new chief executive, Gary Jackson. http://www.ouncelabs.com   Biopharmaceuticals | Watertown, Mass. Tetraphase Pharmaceuticals Completes $25M Series A Tetraphase Pharmaceuticals Inc. said it closed the second tranche of its $25 million Series A financing to support the advancement of several antibiotic drug candidates. http://www.tetraphasepharma.com   Waltham, Mass. DynaTrace Software Adds $12.9M Series B DynaTrace Software Inc. has raised $12.9 million in Series B funding to back the sales and marketing of software that helps companies monitor and fix problems with application performance. http://www.dynatrace.com   VC Firm | Cambridge, Mass. Rive Tech Raises $14M For Efficient Oil Refining Rive Technology Inc. has raised $14 million to continue development of its technology that improves oil refiners' fuel yields from fluid catalytic crackers. http://www.atvcapital.com http://www.crv.com http://www.nthpower.com http://www.rivetechnology.com   Medical Devices and Equipment | Newton, Mass. Clinical Data Buys Adenosine For Up To $66M Venture-backed Adenosine Therapeutics Inc. has been acquired by publicly traded Clinical Data Inc. for $11 million in cash plus possible future payments. http://www.clda.com http://www.adenrx.com   Medford, Mass. Mark Koide Appointed to Lead Natural Dentist Natural Dentist Inc., a company making all-natural oral care products, named Mark Koide as its new chief executive. http://www.thenaturaldentist.com     First Wind Holdings Inc. (f.k.a. UPC Wind), a Newton, Mass.-based developer of win power projects, has filed for a $450 million IPO. It plans to trade on the Nasdaq under ticker symbol WINDY, with Credit Suisse, Goldman Sachs and JPMorgan serving as co-lead underwriters. Shareholders include D.E. Shaw and Madison Dearborn Partners. http://www.firstwind.com/   Seachandise Commerce (f.k.a. Guidester), a Beverly, Mass.-based ecommerce ad platform for product manufacturers, has raised $7.5 million in Series C funding. Cloquet Capital Partners led the round, and was joined by return backers DFJ Gotham, Wheatley Partners, Milestone Venture Partners, Inflection Point Ventures and Tim Draper. Read more…   Cambridge, Mass. Mustapha Bakali Joins Genocea Biosciences As Exec Director Genocea Biosciences Inc., a vaccine discovery and development company, added Mustapha Leavenworth Bakali to its board of directors as executive director. http://www.genocea.com Cambridge, Mass. Taligen Thera Picks Abbie Celniker As CEO Taligen Therapeutics Inc. appointed Abbie Celniker as chief executive. Celniker succeeds Woodruff Emlen, a co-founder of the company who remains president. http://www.taligentherapeutics.com Tradual Inc., a Boston-based social media company focused on the foreign currency exchange marketplace, has secured $2.4 million of a $4 million Series A round, according to a regulatory filing. North Bridge Venture Partners is leading the financing, with partner Jeff Beir taking a board seat. Company executives includes Dave Lemont, former CEO of ApppIQ, and Asaf Yidgal, former director of professional services with Akorri. Tradual does not yet have a working website.     Imaging Equipment | Woburn, Mass. VisEn Takes $3.5M Debt From GE Healthcare VisEn Medical Inc., a developer of fluorescent imaging agents, has raised $3.5 million in venture debt from GE Healthcare Financial Services. http://www.visenmedical.com   Avidyne Integrated flight deck systems for general aviation aircraft Field Marketing Manager: Lincoln, Massachusetts   CambridgeSoft Corp., a Cambridge, Mass.–based maker of life science enterprise solutions like e-notebooks, has raised $21 million in private equity funding from Goldman Sachs. The company had previously raised around $5.2 million from Edison Venture Funds. Read more…   Cambridge, Mass. GenArts Funded For Special Effects, Hires New CEO GenArts Inc. Chief Executive Katherine Hays has an interesting idea for a highlight reel for the provider of visual effects software. http://genarts.com   Prospect Partners recapitalized Linkage Inc, a Burlington, Mass.-based education service provider for executives and senior management, for an undisclosed amount. The company's management participated in the deal.  Company Web site   ConnectEDU Inc, operator of a Boston-based Web site geared toward college students, educators and employers, has acquired Prep HeadQuarters, a college planning Web service. ConnectEDU is backed by angel investors and received $9 million in funding this year. Company Web site   Biotechnology | Cambridge, Mass. Peptimmune Adds $8.9M To Series D Round Biotechnology peptide treatment developer Peptimmune Inc. has held a second, $8.9 million close toward its Series D round, bringing the total raised to $17.1 million. http://www.peptimmune.com   Boston Coveo Names Yepez, Gwin To Board Enterprise search company Coveo Solutions Inc. has named J. Alberto Yepez and Howard Gwin to its board of directors. http://www.coveo.com   Eleme Medical, a Merrimack, N.H.-based cellulite treatment business, raised $18 million in Series C financing led by L Capital Partners. New investor Hambrecht & Quist Capital Management and returning investors Three Arch Partners and EDF Ventures participated. Company Web site   Wadonda Technologies, a Boston-based solar cell manufacturing development company closed a Series A financing. ATV (Advanced Technology Ventures) led the round together with General Catalyst Partners, Polaris Venture Partners, Applied Ventures, and the Massachusetts Green Energy Fund.   Sand 9, a wireless device technology developer based in Boston , Ma., received $8 million in Series A funding led by Flybridge Capital Partners.  Company Web site   ThingMagic, Inc., a Cambridge , MA.-based developer of RFID readers, sensors, and embedded RFID technologies, secured $9.5 million in funding from existing investors including Tudor Ventures, The Exxel Group, Morningside Technology Ventures and .406 Ventures. This follows an initial round and line of credit of $21 million total, announced in early 2006. Company Web site

VC backed Boston area companies

Agios Pharmacueticals, a Cambridge , Mass.-based biotech company focused on cancer metabolism, closed on $33 million in Series A funding. The round was co-led by Third Rock Ventures, Flagship Ventures and ARCH Venture Partners. Company Web site     Boston Insiders Spot Optaros $12M Series C Optaros Inc., a company that designs, automates and implements open-source applications for enterprises, has raised a $12 million Series C round from inside investors. http://www.optaros.com     Aspen Aerogels, a Northborough, Mass.-based nanotech company focused on insulation materials, has raised $37 million in fourth-round funding, according to VentureWire. Arcapita Ventures led the round, and was joined by return backers Lehman Brothers Venture Partners Reservoir Capital Group and RockPort Capital Partners. The company had previously raised over $61 million. www.aerogel.com   Optaros Inc., a Boston-based provider of enterprise consulting and systems integration services, has raised $12 million in Series C funding, according to a regulatory filing. 406 Ventures was joined by return backers Globespan Capital Partners, Charles River Ventures and General Catalyst Partners. The company had previously raised $19.5 million. www.optaros.com   Sciformix Corp., a Westborough, Mass.-based provider of knowledge process outsourcing services for the life sciences market, has raised $3.3 million in Series A funding. Flybridge Capital Partners led the round, with partner Chip Hazard taking a board seat. Read more...   JazzD Markets Inc., a Brookline, Mass.-based online directory startup, has raised $8 million in Series A funding, according to a regulatory filing. Backers include Commonwealth Capital Ventures and Pilot House Ventures. The company is run by former Aberdeen Group CEO James Bedard.   Imaging Equipment | Woburn, Mass. VisEn Receives Equity In Fox Chase Clinical-Stage Deal Having just signed a collaboration with Fox Chase Cancer Center, VisEn Medical Inc. has laid the groundwork for launching its fluorescence imaging agents into the clinical trial space. http://www.visenmedical.com http://www.fccc.edu   DemandWare Inc. has won an auction for the assets of N2N Commerce, a Cambridge , Mass-based maker of on-demand commerce management software for multichannel retailers. No financial terms were disclosed. DemandWare has raised around $44 million in VC funding from General Catalyst Partners, North Bridge Venture Partners and T-Venture Holding. N2N had raised $30 million in January 2007 from General Catalyst and Limited Brands, but ceased operations just one year later. www.demandware.com   Bullhorn, a Boston-based provider of on-demand staffing and recruiting software, has raised $26 million in fourth-round funding. New backers Highland Capital Partners and General Catalyst Partners co-led the deal. Read more...   Merrimack Pharmaceuticals Inc., a Cambridge, Mass.-based biotechnology company focused on the discovery and development of novel treatments for autoimmune disease and cancer, has raised $60 million in a series F private equity financing.Existing and new investors participated in the financing including Credit Suisse First Boston Next Fund Inc., Crocker Ventures, HNI Holdings Ltd., funds advised by Noonday Asset Management LP, TPG-Axon Capital, and WT Investment Advisors Fund LP. www.merrimackpharma.com Turbine Inc., a Westwood, Mass.–based MMO game publisher, today confirmed that it has raised $40 million in Series C funding. peHUB first reported the news in April. Granite Global Ventures and Time Warner co-led the round, and were joined by return backers Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital. The company has now raised more than $90 million, including a $30 million infusion in February 2005. Read more…   Syndexa Pharmaceuticals Corp., a Cambridge, Mass.-based metabolic drug discovery company, has raised $15 million in venture capital funding. The round was led by Yalcin Ayalsi, founder of Hitite Microwave Corp. www.syndexa.com   DebtFolio Inc., a Framingham, Mass.-based provider of personal debt management solutions, has raised over $2.3 million in Series A funding, according to a regulatory filing. Backers include Hub Angel Investment Group. www.debtfolio.com   Amherst, Mass. SunEthanol Nabs DuPont Biofuel Expert As CEO Cellulosic ethanol manufacturer SunEthanol Inc. has hired Dr. William Frey, a co-founder of DuPont Applied BioSciences, as chief executive. http://www.sunethanol.com   Boston First Coverage Bags $9M For Investment Pro Service First Coverage Inc., an information management company for investment firms, has raised a $9 million Series B financing led by Commonwealth Capital Ventures. http://firstcoverage.com   Cambridge, Mass. Hittite Founder Provides Syndexa With $15M Series B Metabolic disease treatment developer Syndexa Pharmaceuticals Corp. has raised a $15 million Series B round to bring its first two treatments to the clinic. http://www.syndexa.com   Boston E-Publisher Zmags Banks $4.2M For U.S. Push Zmags Inc., a provider of digital publishing software, has raised $4.2 million in Series B funding for U.S. expansion and to create a new Boston headquarters. http://www.zmags.com   EnvIO Networks Inc., a Waltham, Mass.-based developer of wireless messaging and content management technologies, has raised $10 million in Series B funding, according to a regulatory filing. Return backers include Matrix Partners and North Bridge Venture Partners. www.envionetworks.com   Azuki Systems (fka: peermeta), an Acton, Mass.-based mobile software startup, has raised $6.1 million in Series A funding, according to a regulatory filing. Backers include Kepha Partners and Sigma Partners. The round had been previously disclosed without a dollar amount. www.peermeta.com   Bullhorn Front office software for the staffing and recruiting industry Boston, Massachusetts   Hangout Industries 3D social networking Boston, Massachusetts   Movik Networks Infrastructure solutions to improve mobile user experience Littleton, Massachusetts   Old Road Computing Management of mobile devices on enterprise networks Westford, Massachusetts   Quattro Wireless Diverse ad placement across the mobile ecosystem  Walthm, Massachusetts   Tatara Systems Mobile services convergence platform Acton, Massachusetts   Avidyne Integrated flight deck systems for general aviation aircraft Lincoln, Massachusetts   Vertica Systems Database engine technology Andover/moving to Billerica August 2008, Massachusetts   Codon Devices Commercial applications of synthetic biology Cambridge, Massachusetts   ExaGrid Systems Leading provider of intelligent disk-based data protection Westborough, Massachusetts   Imprivata Enterprise identity management systems Lexington, Massachusetts   Virtual Iron Software Solutions for creating and managing virtual infrastructure Lowell, Massachusetts   Navic Networks Products and services for digital cable networks Waltham, Massachusetts

May

Greentech Media Inc., a Cambridge, Mass.–based online media company covering the greentech market, has raised $2.75 million in Series B funding. EGORA Holding and The Massachusetts Green Energy Fund co-led the round, and were joined by King Hill Capital and return backers Lightspeed Venture Partners and Northport Private Equity. Read more...

 

OmniGuide Inc., a Cambridge, Mass.-based developer of a flexible CO2 laser scalpel for minimally-invasive surgeries, has raised $25 million in Series E funding. Psilos Group led the round, and was joined by return backers Ray Stata, Stata Venture Partners, 3i, Argonaut Ventures, ESI, Gainesborough Investments, Jeff Swartz and Westbury Partners. Thomas Weisel Partners served as placement agent. Read more…

 

GreenFuel Technologies Corp., a Cambridge, Mass.-based developer of algae farm technologies for recycling CO2 emissions, has raised $13.9 million in new VC funding. Return backers include Access Private Equity, Draper Fisher Jurvetson and Polaris Venture Partners. Read more…

 

Drug Discovery Technology | Brighton, Mass.
Surface Logix CEO Jumps Ship; VC Takes The Wheel
Jim Mahoney, president and chief executive of small-molecule drug developer Surface Logix Inc., is stepping down from his current positions to pursue other interests. Steven Gillis, managing director at Arch Venture Partners, will take over as executive chairman until a new CEO is appointed.
http://www.surfacelogix.com

 

HubSpot, a Cambridge, Mass.-based provider of inbound marketing systems for SMEs, has raised $12 million in Series B funding. Matrix Partners led the round, and was joined by return backer General Catalyst Partners. HubSpot had raised a $5 million Series A round in July 2007. Read more…

 

IP and fabless designers | Cambridge, U.K.
BankInvest Adds $8M To CamSemi's Series C
Cambridge Semiconductor Ltd., a fabless semiconductor company aiming to improve the energy efficiency of existing consumer-electronics technologies, has announced an $8 million add-on Series C investment.
http://www.camsemi.com

 

Departmental software | Burlington, Mass.
Jeremy Chone Joins Nexaweb As CTO
Nexaweb Technologies Inc., a provider of a rich Internet application development platform designed to bring existing corporate applications online, appointed Jeremy Chone as its new chief technology officer.
http://www.nexaweb.com

 

HyperMed Inc., a Burlington, Mass.-based provider of medical hyperspectral imaging, has raised $4 million in second-round funding from return backer GBP Capital. Read more…

 

 

new items

Leostream Corp., a Waltham, Mass.-based hosted desktop connection broker, has raised $3 million in Series A funding led by Meakem Becker Venture Capital, according to a regulatory filing. www.leostream.com

 

CHiL Semiconductor, a Tewksbury, Mass.-based developer of mixed-signal ICs, has raised $16.68 million in Series C funding. Panorama Capital led the round, and was joined by return backers Flybridge Capital Partners, Highland Capital Partners and iD Ventures. www.chilsemi.com

 

Cambridge, Mass.
Cequent Pharma Names Ensemble Discovery CEO To Its Board
Venture-backed biopharmaceutical company Cequent Pharmaceuticals Inc. has named Ensemble Discovery Corp. President and Chief Executive Michael D. Taylor to its board.
http://www.cequentpharma.com

Burlington, Mass.
Judith Huber Joins ConforMIS Management Team
Orthopedic device company ConforMIS Inc. has named Judith Huber chief financial officer.
http://www.conformis.com

 

InnoCentive Inc., a Waltham, Mass.-based operator of an online collaboration forum for scientists and scientific companies, has raised $6.5 million in Series B funding. Spencer Trask Ventures led the round, and was joined by fellow insiders Eli Lilly & Co. and Omidyar Network. InnoCentive had spun out of Eli Lilly in 2005, via a $9 million Series A round. www.innocentive.com

 

Ceritca Solutions Inc., a Wakefield, Mass.-based provider of information management software for the K-12 education market, has raised $3.3 million. This is the company's first institutional funding round since its 2000 inception,and was led by Brook Venture Partners. Read more…

 

Gomez Inc., a Lexington, Mass.-based provider of web experience management services, has filed for an $80.5 million IPO. It plans to trade on the Nasdaq under ticker symbol GOMZ, with Credit Suisse and Deutsche Bank Securities serving as co-lead underwriters. The company raised over $66 million between 1999 and 2004, with current shareholders including Dolphin Equity Partners (36.6% pre-IPO stake), AdAstra (19.9%), Doughty Hanson & Co. (17.3%) and ABS Ventures (8.9%). http://www.gomez.com/

 

Cambridge, Mass.
Greentech Media Seeks Profitability With Series B
Greentech Media Inc., a media company covering the green technology industry, has raised what could be its last round of funding.
http://www.greentechmedia.com

 

 

late april / early may

Stromedix Inc., a Cambridge, Mass.-based biotech company focused on therapies for fibrosis, has raised $25 million in Series B funding. New Leaf Venture Partners led the round, and was joined by Bessemer Venture Partners, Red Abbey Venture Partners and Series A backers Atlas Venture and Frazier Healthcare Ventures. Read more…

 

VisEn Medical Inc., a Woburn, Mass.-based developer of fluorescence molecular imaging technology platforms, has raised $5 million in additional Series B funding. It had held a $7.5 million first close last fall. Return backers Merck Capital Ventures and Flagship Ventures co-led the expansion. Other Series B backers include Siemens AG Medical Solutions and Spinnaker Capital. Read more…

 

HealthEdge, a Burlington, Mass.-based provider of claims and benefit administration for healthcare payers, has raised $13 million from Psilos Group. Read more…

 

Burlington, Mass.
HyperMed Names Two To Top Slots
HyperMed Inc., a developer of hyperspectral diagnostic systems for diabetic and vascular disease, has named Mark B. Carbeau chief executive, president and board of directors member, and Daniel J. Levangie non-executive chairman of the board.
http://www.hypermed-inc.com

 

Red Bend Software Inc., a Waltham, Mass.-based provider of software for remotely updating mobile phone applications, has raised $10 million in fifth-round funding. Coral Capital Management was joined by return backers Carmel Ventures, Greylock Partners, Infinity Venture Capital, Pitango Venture Capital and Poalim Ventures. The company has now raised $32.5 million in total venture capital since early 2001. Read more...

 

Pine Creek Partners has sponsored a recapitalization of Hilden America Inc., a South Boston, Va.-based provider of luxury linens to high-end hotels and restaurants. No financial terms were disclosed for the deal, which also included participation by SunTrust Bank. Read more…

 

Resolvyx Pharmaceuticals Inc., a Bedford, Mass.-based developer of resolvin therapeutics, has raised $25 million in Series B funding. QVT Financial led the round, and was joined by Radius Ventures, Biogen Idec New Ventures and return backers Atlas Venture, CHL Medical Partners and Flagship Ventures. Read more…

 

Play Hard Sports Inc., a Foxboro, Mass.-based developer of casual sports gaming network, has raised $5 million in Series A funding from New Enterprise Associates. The company is run by Jeffrey Anderson, who stepped down as CEO of gaming company Turbine Inc. last October. Harry Weller, a partner with NEA, will join the Play Hard board of directors.

 

Drug Therapies | Cambridge, Mass.
Sirtris' $720M Sale Looks 'Great' To Investors
Publicly traded Sirtris Pharmaceuticals Inc.'s definitive acquisition agreement by GlaxoSmithKline PLC for about $720 million in cash provides venture backers of the company with a very positive exit, investors said Wednesday.
http://www.sirtrispharma.com

 

Cambria Pharmaceuticals Inc., a Woburn, Mass.-based biopharmaceutical company, has closed a $5.4 million series A financing. Participating investors included Biogen Idec New Ventures, CommonAngels, and a number of individual investors. In addition, Cambria Pharmaceuticals changed its name from Cambria Biosciences LLC to reflect its focus on discovering small molecules to battle neurological disorders. www.cambriapharma.com

 

TheStreet.com , (Nasdaq:TSCM) has made an initial $1.2 million investment in Geezeo. For that outlay it acquired about 13 percent of the Framingham, Mass.-based company, and holds an option to purchase the rest of Geezeo anytime during the next 12 months

 

Aiming to innovate in the e-commerce world, Retail Convergence Inc. has raised a hefty $25 million Series A round to focus on its online fashion sites.

Based in Boston, Retail Convergence encompasses two e-commerce companies: Ruelala.com and SmartBargains.com. The latter Web site was acquired by Retail Convergence as it formed a few months ago.

Ruelala.com, which launched April 10, is a branded invitation-only fashion marketplace for women. Users must be invited to participate in the site's mini-sales, which give users access to brand-name items at discount prices for 24 hours via online boutiques featured on the site. Other venture-backed retailers offering a similar invitation-only model include Ideeli Inc. and Gilt Groupe Inc.

Since the launch of Ruelala.com, 70,000 users have signed up, the company said.

 

Marlborough, Mass.
HIV Diagnostic Co. PointCare Eyes Profitability
PointCare Technologies Inc. expects to turn profitable this year now that it has secured a $3.6 million Series C to expand marketing of a diagnostic used in the treatment of HIV in developing countries.
http://www.pointcaretechnologies.com

 

Constellations Pharmaceuticals Inc., a Cambridge, Mass.-based developer of drugs that target selective regulators of epigenetic function, has raised $32 million in Series A funding. The round was co-led by Third Rock Ventures, The Column Group and Venrock. Read more…

 

Concert Pharmaceuticals Inc., a Lexington, Mass.-based provider of small-molecule drugs for unmet medical needs, has raised $37 million in Series C funding. A "leading public equity institutional investor" led the round, and was joined by fellow new investors Adage Capital Management, SR One Ltd., Mediphase Venture Partners and Westfield Capital Management. Return backers included Three Arch Partners, TVM Capital, Skyline Ventures, Brookside Capital Partners Fund, Flagship Ventures, Greylock Partners, New Leaf Venture Partners and QVT Fund. Concert Pharma has now raised $95.5 million in total VC funding since 2006. Read more…

 

Cortera Inc. (f.k.a. eCredit), a Dedham, Mass.-based provider of online solutions for commercial credit and collections professionals, has raised $8 million in new funding. CIBC Capital Partners led the round, and was joined by return backers Fidelity Ventures and Battery Ventures. Fidelity Ventures acquired Cortera in 2006 and, with Battery Ventures, provided $11 million in growth capital. Read more…

 

Predictive Biosciences Novel biomarkers revolutionizing cancer management : Lexington, Massachusetts

 

Cambridge, Mass.
GM Backs Cellulosic Ethanol Tech Co. Mascoma
General Motors Corp. has made its second investment in a cellulosic ethanol technology developer, which aims to produce ethanol from non-food bio-material.
http://www.mascoma.com

---

Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.

all good stuff

Aileron Therapeutics, a Cambridge, Mass.–based developer of cell-permeable peptide technology to help treat cancer, announced that it has raised $10 million in Series C funding. The round closed late last year, and was co-led by Apple Tree Partners and the Novartis Venture. Read more...

 

QD Vision Inc., a Watertown, Mass.-based nanotech product company focused on the display and lighting markets, has called down $9 million of a $16 million Series C round, according to a regulatory filing. Return backers include Highland Capital Partners and North Bridge Venture Partners, while the company's website also lists In-Q-Tel and OSI Ventures as investors. www.qdvision.com

 

Boston, Mass.
User Manual Co. OwnerIQ Brings Badeau Into Fold
OwnerIQ Inc., a company that helps consumers find user manuals online, has appointed Lisa Badeau to its board of directors.
http://owneriq.net

 

Highland Capital mentions (may well be repeats of prior listings):

Hangout.net, Boston, 3D social networking.

Old Road Computing, Westford, Management of mobile devices on enterprice networks.

Streambase, Lex. processing technology for streaming real time systems.

 

Cambridge, Mass.
Aileron Rolls Up $10M For Research Facility
Biopharmaceutical company Aileron Therapeutics Inc. has raised a $10 million Series C round to expand its team and open a new research facility.
http://www.aileronrx.com

 

 

Drug Therapies | Boston
Trial Results Trigger Final Close For Paratek's Series H
Biopharmaceutical company Paratek Pharmaceuticals Inc. has closed the second and final tranche of its $40 million Series H round after receiving positive Phase II results for its lead treatment.
http://www.paratekpharm.com

Drug Research | Waltham, Mass.
Dynogen Scratches SPAC Merger, Seeks VC
Dynogen Pharmaceuticals Inc. has terminated its planned merger with a special purpose acquisition company and will instead look to raise new venture financing this year.
http://www.dynogen.com

 

GamerDNA Inc. (f.k.a. GuildCafe), a Cambridge, Mass.-based social media site for online gamers, has raised $3 million in Series A funding led by Flybridge Capital Partners. The company also raised an undisclosed amount of seed funding from Flybridge last summer. Read more…

 

Cambridge, Mass.
Stromedix Gathers $25M For Fibrosis Drug
With an eye on tackling the wide range of diseases caused by fibrosis, Stromedix Inc. has raised $25 million in Series B funding to advance its lead compound further into the clinic.
http://www.stromedix.com

Imaging Equipment | Woburn, Mass.
VisEn Reopens Series B For $5M More
With a busy rollout of products planned for the year, VisEn Medical Inc. has tapped its existing investors for an additional $5 million in Series B funding, bringing the round to $12 million.
http://www.visenmedical.com

 

---

Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.