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
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
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
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…
