Report: Zynga is Worth up to $9B
NEW YORK (Reuters) - Online gaming group Zynga Inc. is holding talks with potential investors which could lead to it raising $250 million in new funding, the Wall Street Journal reported on Sunday.
Confirmed: Chimerix’s $45 Million Fundraising
As peHUB.com reported late last week, Chimerix Inc., the pharmaceutical drug company working on orally-available antiviral therapeutics has completed a $45 million fundraising. New investors include Pappas Ventures and Morningside Group; other investors include Sanderling Ventures, Canaan Partners, Alta Partners, Asset Management Co., Frazier Healthcare Ventures and New Leaf Venture Partners.
Confirmed: Chimerix’s $45 Million Fundraising
As peHUB.com reported late last week, Chimerix Inc., the pharmaceutical drug company working on orally-available antiviral therapeutics has completed a $45 million fundraising. New investors include Pappas Ventures and Morningside Group; other investors include Sanderling Ventures, Canaan Partners, Alta Partners, Asset Management Co., Frazier Healthcare Ventures and New Leaf Venture Partners.
UpTake Networks Takes Up New Execs
UpTake Networks, owner of RealTravel.com and UpTake.com added Lesley Kao as vice president of products and Chris Hickson as VP of revenue. UpTake Newtorks is backed by Shasta Ventures and Trinity Ventures.
VC-Backed Solazyme Gets Qantas Project
Solazyme has established a relationship with Qantas in Australia. The company’s backers include Lightspeed Venture Partners, The Roda Group, Harris and Harris Group, VantagePoint Venture Partners, Zygote Ventures, CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures LLC, San-Ei Gen, Unilever, Bunge, Braemar Energy Ventures, and Sir Richard Branson via The Roda Group....
Financial Services Platform KGS-Alpha Raises Another $75M
Arsenal Capital Partners, a New York-based, middle-market private equity firm, announced today that its portfolio company KGS-Alpha Capital Markets L.P. has completed a follow-on equity offering in excess of $75 million, bringing KGS-Alpha’s total equity raised to more than $150 million. The new investment was primarily funded by Healthcare of Ontario Pension Plan, which has more...
OpenView Venture Partners Promotes Brian Zimmerman and Adam Marcus to Managing Director
The Boston-based expansion-stage venture capital firm OpenView Venture Partners has promoted two members of its team to managing director. Brian Zimmerman led a career in executive sales before joining OpenView in 2006; before joining OpenView in 2009, Adam Marcus was working as an investor on behalf of Battery Ventures.
PRESS RELEASE:
OpenView Venture Partners, an expansion stage...
Private Equity Lawyer Kiran Sharma Joins Ropes & Gray in London
The Chicago-based law firm Ropes & Gray today announced that Kiran Sharma is joining its private equity practice as a partner in London. Sharma is the latest in a series of appointments since the firm launched its London office a year ago. Sharma joins the firm from DLA Piper in London, where she was a...
Raptr Raises $15M Series B Led by DAG Ventures
Mountain View, Calif.-based Raptr, a social gaming network, has closed a $15 million Series B rouond, led by DAG Ventures and including Tenaya Capital and previous investor Accel Partners. The company, founded in 2007, had previously raised $12 million, including from Accel and Founders Fund, along with angel investors Max Levchin and James Hong.
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Mountain View,...
“MoFo” Hires New Head of Corporate Life Sciences in Palo Alto
Morrison & Foerster, a law firm that earnestly promotes the tagline, “This is Mofo,” has announced a new head of its corporate life sciences practices in Palo Alto: Michael O’ Donnell, who joins from Wilson Sonsini Goodrich & Rosati.
PRESS RELEASE:
Morrison & Foerster LLP is pleased to announce that Michael O’Donnell has joined the firm’s Palo Alto office as...
Seattle Startup Datacastle Raises $2M for Its Remote Backup Software
Datacastle, a Seattle-baed startup that sells remote-backup software, has raised $2 million from Australian investors CM Capital and Haag. The company raised roughly $8 million in 2009, including from CM Capital.
PRESS RELEASE:
Datacastle, a market leading provider of mobile workforce data protection solutions, today announced completion of a $2 million financing. The company’s latest funding round is...
Real Estate Team Jumps from Competitor to Pillsbury Winthrop Shaw Pittman
A five-lawyer real estate team, led by partners Marc Shapiro and Jill Block, are joining Pillsbury’s Real Estate practice in New York. They’re joining from Orrick, Herrington & Sutcliffe, whose New York real estate group was led by Shapiro and Block.
PRESS RELEASE:
A five-lawyer real estate team, led by partners Marc Shapiro and Jill Block, are joining...
