Venture Capital
Research and Markets: How to Position Your Venture Capital Funded Company in the Current Economy Video Seminar Now Available (Business Wire)
DUBLIN, Ireland----Research and Markets has announced the addition of the "How to Position Your Venture Capital Funded Company in the Current Economy: ReedLogic Video Seminar" report to their offering. Read
Centerline Holding Company Provides Update on Long-term Financing and Term-loan Obligations (Business Wire)
NEW YORK----Centerline Holding Company , the parent company of Centerline Capital Group, an alternative asset manager focused on real estate funds and financing, today announced that one of its existing lenders has agreed to provide $15 million of new funding to Centerline Capital Group to retire one of the Companyâs repurchase facilities due at the end of November. Read
SBAs Deadline to Apply for Physical Damage Disaster Loans Is December 23 (Business Wire)
ATLANTA----The U.S. Small Business Administration reminds certain Private, Non-Profit Organizations that do not provide critical services of a governmental nature of the deadline to submit disaster loan applications for damages caused by severe wind storm associated with Tropical Depression Ike that occurred from September 14, 2008. Read
Global Capacity Completes Acquisition Funding for Vanco Direct USA, LLC (Business Wire)
CHICAGO----Global Capacity , the telecommunications industry's first logistics company, today announced the financial closing for its acquisition of Vanco Direct USA, LLC for $15 million. Read
Goodmail Systems Secures $20 Million in Funding Round Led by Bessemer Venture Partners (Business Wire)
MOUNTAIN VIEW, Calif.----Goodmail Systems, the creator of CertifiedEmailâ¢, the industryâs standard class of trusted email, today announced that it has raised $20 million in a financing round led by Bessemer Venture Partners. Read
Yankee Equity Solution (YES) Launches $50 Million Fund for Mass.-Based Medtech Companies (Business Wire)
BOSTON----Yankee Equity Solution has launched the $50 million âYES Medical Technology Fundâ, a private equity vehicle to help Mass.-based medical technology companies with revenues and profits to expand their commercialization efforts. Read
Geek Squad Announces Major Funding for Upcoming Make: Public Television Program (Business Wire)
MINNEAPOLIS----Tech support task force Geek Squad put its money where its mouth is today, officially becoming the founding underwriter for the upcoming Make: television series, now being produced by tpt National Productions. Read
Yieldex Wins Second Annual Amazon Web Services Start-Up Challenge, Receives $100,000 in Cash and Services Credits Plus Investment Offer from Amazon.com (Business Wire)
SEATTLE----Amazon Web Services LLC, a subsidiary of Amazon.com, Inc. , today announced that Yieldex is the winner of the second annual Amazon Web Services Start-Up Challenge. Yieldex, a company providing forecasting for online advertising inventory, will receive $50,000 in cash, $50,000 in Amazon Web Service credits and an opportunity for an investment offer from Amazon.com. Read
Second Annual Fore A Cure Golf Tournament Raises $225,000 to Fund Cystinosis Research (Business Wire)
IRVINE, Calif.----The second annual âFore A Cureâ Golf Tournament, a benefit for the Cystinosis Research Foundation of Irvine, Calif., raised $225,000. The Nov. 10, 2008 event at the Coto de Caza Golf & Racquet Club drew 144 golfers and raised the money through individual and corporate sponsorships, donations and auctions. Read
Ligand Collaborator GlaxoSmithKline Receives FDA Approval for PROMACTA® (Business Wire)
SAN DIEGO----Ligand Pharmaceuticals Incorporated announced today that the U.S. Food and Drug Administration has granted accelerated approval of GlaxoSmithKlineâs PROMACTA® for the treatment of thrombocytopenia in patients with chronic immune thrombocytopenic purpura who have had an insufficient response to corticosteroids, immunoglobulins or splenectomy. Read
Peapack-Gladstone Financial Corporation Reports Preliminary Approval to Participate in the US Department of Treasury Capital Purchase Program (Business Wire)
GLADSTONE, N.J.----Peapack-Gladstone Financial Corporation reported that it received preliminary approval as of November 17 from the US Department of Treasury to sell $28,685,000 of preferred stock to Treasury in the Capital Purchase Program. Read
Skins Closes Private Placement (Business Wire)
NEW YORK----Skins Inc. , a developer of revolutionary, patented, two-part interchangeable footwear, today announced that the Company has accepted subscription agreements for private placement units totaling $811,968 of which $475,000 cash proceeds have been received, $83,218 is derived from offsets against Board fees and consulting fees payable to members of the Board of Directors and Board of Advisors, and anticipated, but not yet received, cash proceeds of $253,750. Read
Teach for America Chicago and Philadelphia Sites Receive $200,000 Grant from Exelon Foundation (Business Wire)
CHICAGO----The Exelon Foundation awarded $200,000 to Teach For Americaâs Chicago and Philadelphia sites. The grant will support Teach For Americaâs math and science initiative, which brings outstanding math and science teachers to some of the country's lowest-income communities. Read
All Pain, No Gain for Convertible Arbitrage Funds in 2008 (Business Wire)
NEW YORK----The Convertible Arbitrage sector started the year strong with over half of the funds in the space posting positive returns as of June 1. Today, all funds are in negative territory as Convertible Arbitrage managers have seen six years of performance wiped out in less than six months. Read
Adimab, Inc. Announces Series C Financing (Business Wire)
LEBANON, N.H.----Adimab, Inc., a leading antibody discovery company, today announced the closing of a Series C financing. The total amount of the financing was not disclosed. Read
Hungarian Government Funds Major Research Project to Transform Care of Elderly Citizens; GE Healthcare to Lead $5.3M Initiative in Home Health Care (Business Wire)
CHALFONT ST GILES, United Kingdom & BUDAPEST, Hungary----A major new collaborative research programme to transform the care of elderly citizens was announced in Hungary today. A broad consortium of private and public sector organisations, led by GE Healthcare, a unit of General Electric Company , has secured HUF 895 million from the Hungarian government to research and develop new ways of monitoring the health of elderly citizens in their own homes. Read
Morphotek®, Inc. Receives Additional $1.6M in Funding from The U.S. Department of Defense to Develop Therapeutic Antibodies Against Microbial Bioweapons (Business Wire)
EXTON, Pa.----Morphotek®, Inc., a subsidiary of Eisai Corporation of North America, announced today that the company has received notice of $1.6M in additional funding from the U.S. Read
Oasis Online Technologies Corp. Secures the First $252,000 of Its Planned $1.2 Million Capital Fundraising (Business Wire)
MESA, Ariz.----Oasis Online Technologies Corp. announced today it has closed on $252,000, or 21% of its total planned subscription of $ 1.2 million dollars. These subscriptions closed out the first $100,000 round at $0.10 per share and 76% of the second round at $0.20 per share. Read
Dr. Elaine Mardis Joins Pacific Biosciences Scientific Advisory Board (Business Wire)
MENLO PARK, Calif.----Pacific Biosciences, a private company developing third-generation DNA sequencing technology, announced today that Elaine Mardis, Ph.D., co-director of The Genome Center at Washington University School of Medicine, has joined its Scientific Advisory Board. Read
MDwerks Secures Financing Commitment for up to $10,014,000 to Fund Medical Claim Purchases from a Prospective New Client (Business Wire)
DEERFIELD BEACH, Fla.----MDwerks, Inc. , a provider of innovative web-based, electronic claims management and funding solutions for healthcare professionals and related businesses, and its wholly owned subsidiary Xeni Financial Services, Corp. announced today that they have signed a Loan and Securities Purchase Agreement with a lender to provide financing with net proceeds to the Company of up to approximately $10,014,000. Read
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