5AM Gathers $200M Fund, Advanced Cell Technology Advances with $2.8 Million, Gloucester Picked up for $640M, & More Boston-Area Deals News

12/11/09

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an SEC filing. Investors in the deal weren’t specified, but previous backers of the startup include Polaris Venture Partners, Flagship Ventures, and Lux Capital.

—Boston-based EnerNOC (NASDAQ:ENOC) acquired California-based Cogent Energy for an undisclosed sum.

—Newton, MA-based LifeImage, whose technology allows for medical images to be securely shared online, revealed to Ryan that it expects to secure more than $2.1 million in its second round of financing next week. New investors in the round will include Long River Ventures; previous investors Partners Innovation Fund, Massachusetts Technology Development Corporation, and others will participate as well.

MC10 of Waltham indicated in a regulatory filing that it has raised $5.7 million in a new round of financing, $1.7 million of which is equity from converted bridge loans. The startup is developing “stretchable silicon” technology developed at the University of Illinois.

—Cambridge-based Biogen Idec’s (NASDAQ:BIIB) “best and final” offer for Redwood City, CA-based Facet Biotech (NASDAQ:FACT) was unanimously rejected by Facet’s board.

Fina Technologies of Cambridge raised $4.5 million in a Series A round of venture capital led by Reed Elsevier Ventures and joined by Excel Venture Management. A spinout of Cambridge-based Gene Network Sciences, Fina provides drug companies and others with software for making detailed computer models of biological systems.

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  • IGRQ

    Go Advanced Cell Technology!!!! Everyone is rooting for you to succeed! Cure blindness, bring infinit supplies of blood to the masses, and cure damaged hearts after heart attacks, prevent amputations by rebuilding blood vessals! And do it all more ethically than any other embryonic stem cell company!!!! You are awesome!!!! Robert Lanza is awesome!!!!

    ACTC.OB Advanced Cell Technology!