Time Inc. Scoops Up StyleFeeder, Ironwood Sets Sights on Potential $266.7 M IPO, FloDesign Reveals $34.5M Financing, & More Boston-Area Deals News

1/22/10

It was a short week, but the list of deals that New England’s tech and life sciences firms inked in that span is a long one. Let’s dive in:

—StyleFeeder, the Cambridge, MA-based personalized shopping website, was acquired by New York magazine publishing giant Time Inc. for an undisclosed sum. Lexington, MA-based Highland Capital Partners and Boston-based Schooner Capital have put $4 million in seed and Series A funding into the four-year-old startup.

—IkaSystems, a maker of software for healthcare payers, sealed back-to-back investment deals with deep-pocketed private equity funds. Essex Woodlands Health Ventures and Providence Equity Partners reportedly plowed a combined $120 million into the Southborough, MA-based company.

—North Andover, MA-based Nexamp, formerly known as NexGen Energy Solutions, raised $6.5 million in equity-based financing, according to a regulatory filing. Nexamp helps its customers design, finance, build, and analyze clean energy projects.

—Cardiorobotics, a startup founded by researchers at Carnegie Mellon University and the University of Pittsburgh, reported to the SEC that it has raised $5 million in equity investments. The Middletown, RI-based firm makes robots for surgery and other uses.

—Research-tool giant Thermo Fisher Scientific (NYSE:TMO) of Waltham, MA, announced it would pay $145 million for Ahura Scientific of Wilmington, MA. The deal also entitles Ahura’s investors to potential payments based on sales of Ahura products in 2010.

—FloDesign Wind Turbine, a Wilbraham, MA-based developer of a new, jet-engine-like type of wind turbine, revealed it closed a $34.5 million Series B funding round last month. Return investor Kleiner, Perkins, Caufield and Byers and new investors Goldman Sachs, Technology Partners, and VantagePoint Venture Partners contributed to the round.

—Acton, MA-based Lumigent Technologies, a maker of automated governance, risk and compliance software, said it … Next Page »

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