AUSTIN, Texas–(BUSINESS WIRE)–July 11, 2003–Austin Ventures LP and Staktek Corporation today announced a definitive agreement in which Austin Ventures will acquire Staktek Corporation in atransaction that is expected to close by the end of August 2003. Financial terms were undisclosed. […]

Jul. 11–VocalData Inc. of Richardson will announce Friday that Austin Ventures and other investors will put $12.5 million into the telecommunications software maker. The money, the company’s third round of venture capital funding, will allow the firm to add more […]

Jul. 11–The Legislature gave Oregon venture capitalists 100 million reasons to smile Thursday. The House unanimously passed House Bill 3613, which attempts to place $100 million of the state’s Public Employees Retirement Fund in Oregon venture capital during the next […]

Venture capital firms behind the flotation of telephone directory publisher Yell were understood last night to have agreed to sell a third more of their stake in order to meet stronger than expecteddemand from UK and US institutional investors. The […]

Jul. 10–TAMPA, Fla.–To scientist Kelly Smith, dealing with plant-infesting worms is more fun than chasing venture capital. Yet, on Wednesday afternoon, Smith was among a dozen or so scientists pitching their biotechnology companies to venture capitalists at a Tampa mixer […]

Jul. 10–Cyberkinetics Inc., a biotechnology company spun out of Brown University, has closed a $4.3-million round of venture capital financing. Although the news is good for the young company, bringing its total financing to $9.3 million, it comes on the […]

Jul. 10–When it comes to venture capital, Oklahoma is a rare creature. Last year, when the amount of venture capital invested across the country plummeted to record lows, Oklahoma experienced its best year ever. It’s a trend that has been […]

* Cyberkinetics technology could allow paralysis victims to use their brains to control devices such as keyboards. * * * Cyberkinetics Inc., a biotechnology company spun out of Brown University, has closed a $4.3-million round of venture capital financing. Although […]

SURGING demand for hedge funds raised assets at specialist manager Man Group (1289p, up 14p) by 2.2bn last quarter, to more than 18bn.

Jul. 9–Local biomedical start-ups seem to be luring investors again. And this is happening despite a weak economy and slower than expected progress in delivering two new sources of public financing to the region’s life sciences industry. In recent weeks, […]

CAMBRIDGE, Mass.–(BUSINESS WIRE)–July 9, 2003–Affinnova, a leading provider of product design, development, and testing solutions, announced today that it has completed a $6 million Series B roundof financing led by Flagship Ventures. This latest financing round is expected to accelerate […]

Mimeo, Inc., the leading provider of web-based, on-demand digital printing and distribution, has finalized a financing round in the amount of $5.5 million with new and existing investors. HarbourVest Partners, LLC led this fourth up-round. Existing investors and insiders including […]