angela sormani
Kite Pharma, a clinical stage biotechnology company focused on developing innovative targeted immunotherapies for cancer, has closed a $20 million private placement of shares of its Series A Preferred Stock. Joined by a new investor, Alta Partners, all existing major investors participated in the financing.
Tokai Pharmaceuticals, a biopharmaceutical company focused on developing new treatments for prostate cancer, has raised $35.5 million in a Series E financing. The financing round included both current investors, Apple Tree Partners and Novartis Venture Funds, as well as undisclosed angel investors.
Zoove Corp, a provider of a unique mobile phone number for content has secured a $15 million from existing series D investors, Rogers Venture Partners and Panorama Capital. The company's early stage investors, Worldview Technology Partners and Highland Capital also invested in the business.
Dr. Leo A. Guthart has made an investment directly into View Systems, a provider of security products for schools, event planners, banks and government institutions. Guthart manages Topspin Partners, a venture capital fund, and Topspin Partners LBO, a buyout fund, both based on Long Island.
OpenCoin has closed an additional round of angel funding from investors Google Ventures and China-based IDG Capital Partners. OpenCoin is developing the Ripple protocol, an open source payments system and a math-based virtual currency that together power the world's first distributed currency exchange.
Car sharing marketplace RelayRides has acquired car sharing platform Wheelz. RelayRides has raised more than $13 million in venture capital funding from investors including Google Ventures, August Capital, Shasta Ventures and General Motors Ventures.
Lanx has closed a $15 million Series C equity financing. Lanx is a global spine company focused on developing and commercializing innovative devices for fusion surgery. The financing round was led by new investor Credit Suisse Asset Management.
Wochit has closed a $4.75 million series A venture capital round from Redpoint Ventures, Cedar Fund and Greycroft Partners. Wochit provides web publishers with a supply of ever-fresh news video.
GoodData and Box have launched the GoodBox Bash™, a cloud-based app that allows Box customers to process data about the effectiveness of highly-collaborative teams.
Octopus has led a 2 million pound ($3.1 million) investment round into TrialReach, an online platform that is transforming clinical trials by connecting patients with healthcare companies and research organisations to make new treatments available more quickly and efficiently. Octopus is investing alongside existing investors Amadeus Capital Partners, which first invested in TrialReach in 2011.