http://www.freshnews.com/news/fresh-money/ California Tech News Updated Daily! FreshMoney - California Mergers/Acquisitions/Funding en-us Sun, 07 Sep 2008 10:20:02 -0700 1000 http://www.freshnews.com/news/fresh-money/article_45161.html 2008-09-05 Microfabrica, Inc., a leading developer of micro-devices, has closed $22.5 million in Series B financing co-led by venture capital firms Versant Ventures and Interwest Partners. Previous investors in the company include Draper Fisher Jurvetson, DynaFund Ventures, Chevron Technology Ventures, and Partech International who also participated in the round. The Series... http://www.freshnews.com/news/fresh-money/article_45159.html 2008-09-05 Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the investment management industry, and Tamale Software, Inc., a leader in research management solutions (RMS), today announced the signing of a definitive agreement under which Advent will acquire privately held Tamale Software. "We're thrilled to have Tamale's innovative... http://www.freshnews.com/news/fresh-money/article_45157.html 2008-09-05 iSkoot, the leading provider of carrier-friendly mobile VoIP solutions, today announced that the company has acquired Social.IM, the social network I'm client. This acquisition positions iSkoot to grow beyond mobile VoIP and create a compelling and valuable consumer solution with a growing lineup of Web communications that can be... http://www.freshnews.com/news/fresh-money/article_45147.html 2008-09-04 Pathwork Diagnostics, a molecular diagnostics company focused on oncology, announced the closing today of a $20 million financing led by Abingworth. The announcement came on the heels of FDA's clearance for the Pathwork Tissue of Origin Test for diagnosis of tumors of uncertain origin, including poorly differentiated, undifferentiated and... http://www.freshnews.com/news/fresh-money/article_45133.html 2008-09-04 TIBCO Software Inc. (NASDAQ:TIBX) today announced that it has completed its acquisition of Insightful Corporation. As a result of the merger, Insightful Corporation is now a wholly-owned subsidiary of TIBCO. Originally announced on June 19, 2008, the acquisition of Insightful Corporation is expected to complement key growth areas within TIBCO's... http://www.freshnews.com/news/fresh-money/article_45132.html 2008-09-04 Proxim Wireless Corporation (NASDAQ: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, today announced that, effective August 29, 2008, it has sold substantially all the assets of the Harmonix Division of its Terabeam Corporation subsidiary to Renaissance Electronics Corp. for approximately $5.3 million. As part... http://www.freshnews.com/news/fresh-money/article_45131.html 2008-09-04 Secure Computing Corporation (NASDAQ: SCUR), a leading enterprise gateway security company, today announced it has signed a definitive agreement to acquire Securify, a provider of identity-based monitoring solutions, for approximately $15 million plus an earn-out of up to $5 million. The purchase price is payable in cash or, at... http://www.freshnews.com/news/fresh-money/article_45129.html 2008-09-04 Data Robotics, Inc. announced today that it has secured $15 million in Series D funding. The round was led by existing investor Greylock Partners and welcomes New Enterprise Associates (NEA) with participation from returning investors, RRE Ventures, and Sutter Hill Ventures. The additional capital will allow Data Robotics... http://www.freshnews.com/news/fresh-money/article_45127.html 2008-09-04 Novacea, Inc. (NASDAQ: NOVC) and Transcept Pharmaceuticals, Inc., a privately-held specialty pharmaceutical company, announced today that they have entered into a definitive merger agreement under which Novacea will merge with Transcept in an all-stock transaction. Under the terms of the merger agreement, Novacea will issue new shares of its... http://www.freshnews.com/news/fresh-money/article_45124.html 2008-09-04 National Lampoon, Inc. (AMEX: NLN), the most widely recognized brand in comedy, today announced that it has acquired the website ZingFu.com (www.ZingFu.com) from Zing Fu Enterprises, LLC for an undisclosed sum. ZingFu.com, which launched in 2005, was one of the pioneers of widgetized, social content. The site allows... http://www.freshnews.com/news/fresh-money/article_45112.html 2008-09-03 Poniard Pharmaceuticals, Inc. (NASDAQ:PARD), a biopharmaceutical company focused on oncology, today announced that it has secured a $27.6 million term loan from GE Healthcare Financial Services and Silicon Valley Bank, a member company of SVB Financial Group. The Company plans to use the proceeds of the loan to fund... http://www.freshnews.com/news/fresh-money/article_45111.html 2008-09-03 Osprey Pharmaceuticals U.S.A., a privately-held company focused on developing novel protein therapeutics that selectively target chemokine-activated leukocytes that are responsible for initiating and maintaining inflammatory diseases, announced today that the company has raised $11 million in its first round of venture capital funding. The financing was led by Burrill... http://www.freshnews.com/news/fresh-money/article_45102.html 2008-09-03 Natus Medical Incorporated (Nasdaq:BABY) today announced that it has agreed to acquire privately held NeuroCom International, Inc. NeuroCom, based in Clackamas, Oregon, develops and markets computerized systems for the assessment and rehabilitation of balance and mobility disorders. The acquisition adds to Natus’ growth opportunities by broadening its product offerings... http://www.freshnews.com/news/fresh-money/article_45093.html 2008-09-03 Patriot Scientific Corp. (OTCBB:PTSC) today announced it has completed the acquisition, effective September 1, 2008, of Crossflo Systems, Inc., San Diego, California, a private software and services company noted for its innovative data-sharing solutions. Crossflo Systems becomes a wholly-owned subsidiary of Patriot Scientific and retains its current management team. “Patriot... http://www.freshnews.com/news/fresh-money/article_45086.html 2008-09-02 Wherify Wireless, Inc. (BULLETIN BOARD: WFYW) home of the Springboard Location Based Services (LBS) Platform and Lightyear Network Solutions, LLC, today announced a conference call to discuss the proposed merger between the two organizations. On the call, the management team will outline the growth prospects for the combined entity,... http://www.freshnews.com/news/fresh-money/article_45082.html 2008-09-02 iTradeNetwork Inc. (ITN), a privately-held technology leader in supply chain solutions for the food industry and Amphire Solutions Inc., a privately-held, global provider of supply chain and purchasing solutions to the foodservice, beverage, hospitality and healthcare industries, today announced the signing of a definitive agreement to merge the two companies....