FreeLinc Buys Aura Communications

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FreeLinc Buys Aura Communications

PE Hub | October 8th, 2007 | Email this

FreeLinc, an Orem, Utah-based provider of wireless communication accessories for two-way radios, has acquired Aura Communications Technology, a Wilmington, Mass.-based company specializing in near-field magnetic induction communications. No financial terms were disclosed. Aura has raised over $31 million in VC funding, from firms like Creative Technologies, Motorola Ventures, Duchossois Technology [...]

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Video Ad Startup Podaddies Raises $1 Million First Round

PaidContent.org | October 8th, 2007 | Email this

San Francisco-based video advertising startup Podaddies has raised an initial $1 million round from The Band of Angels and The Angels Forum. The company's pitch is that it allows publishers and advertisers to track and monetize content however it's consumed, even if it's been downloaded. Advertisers have a choice of [...]

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MyBuys Raises $10 Million

PE Hub | October 8th, 2007 | Email this

MyBuys Inc., a Redwood City, Calif.-based provider of behavioral recommendation software for online retailers, announced that it has raised $10 million in Series B funding. Palomar Ventures led the round, which closed back in March. Return backer Lightspeed Venture Partners also participated. www.mybuys.com[...]

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ATV Joins Helixis Round

PE Hub | October 8th, 2007 | Email this

Helixis Inc., a Carlsbad, Calif.-based developer of molecular diagnostics products, said that Advanced Technology Ventures participated in a $10 million Series A round announced back in August. Previously-disclosed participants included Domain Associates and Okapi Venture Capital. www.helixis.com[...]

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BG Med Sets IPO Terms

PE Hub | October 8th, 2007 | Email this

BG Medicine Inc., a Waltham, Mass.-based developer of molecular diagnostics based on biomarkers, has set its IPO terms to six million shares being offered at between EUR 5.75 and EUR 7.25 per share. It plans to trade on Eurolist by Euronext Amsterdam under the symbol BGMDX, with Cowen International and [...]

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ZARS Cancels IPO

PE Hub | October 8th, 2007 | Email this

ZARS Inc., a Salt Lake City-based developer of non-invasive drug delivery technologies, has withdrawn its IPO filing, citing market conditions. The company had planned to sell five million common shares at between $14 and $16 per share, and trade on the Nasdaq under ticker symbol ZARS. It was scheduled to [...]

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A slow flow in funding new businesses

Philadelphia Inquirer | October 8th, 2007 | Email this

Q&A;: Jeffrey Babin, entrepreneurship expert When it comes to funding new businesses, the Delaware Valley is a pretty languid place, according to Jeffrey Babin, a lecturer on entrepreneurship at the University of Pennsylvania's Wharton School of Business and an angel investor himself at his firm Antiphony Partners L.L.C.[...]

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