Luminus Devices Nabs $19M, Aveo Sets IPO Range, Thermo Fisher Scientific Reportedly Makes $6 B Move on Millipore, & More Boston-Area Deals News
It was a good week for venture dealmaking among New England’s tech and life sciences firms.
—Needham, MA-based Stata Venture Partners led a $7 million Series B financing round for NABsys, a Providence, RI-based firm developing a DNA sequencing technology that employs silicon chips for rapid electronic detection of DNA sequences.
—Boston-based Battery Ventures sold Woburn, MA-based analytic instrument maker Nova Analytics, which it helped buy out in 2003, for an undisclosed sum to White Plains, NY-based ITT.
—EveryScape, a Waltham, MA-based operator of a website providing navigable, 360-degree views of metropolitan, suburban, and rural areas, raised $6 million in a Series C funding round led by SK Telecom Americas, and joined by Draper Fisher Jurvetson and Dace Ventures.
—North End Technologies, a robotics and communications company in Waltham, raised $2.5 million from Castile Ventures, company executives, and angel investors, and converted $1.8 million in preexisting debt to equity, according to CEO Brad Kayton.
—Boston-based Fluent Mobile, maker of the iPhone news-aggregating app Fluent News Reader, raised $1.25 million in equity funding, according to a regulatory filing.
—Milwaukee, WI-based Merge Healthcare (NASDAQ: MERG) made a $6.05 per share buyout offer for Boston-based radiology information management company Amicas (NASDAQ: AMCS). Amicas’ board of directors deemed the offer risky, though, and urged … Next Page »