Jeff Bezos Helps You Find a Doc, Oberon Goes to China, Imperium Gets Investment, & More Seattle-Area Deals News
Heading into the baseball battles of October (go Red Sox), the dealflow is really picking up. In the past week, the Northwest has seen deals in gaming, mobile software, healthcare, genomics, and biofuels.
—Oberon Media, a maker of casual games and gaming platforms that is based in New York but has a publishing arm in Seattle (I-Play), raised $20 million from Infinity Equity, based in Hong Kong. The deal is seen as an effort by Oberon to break into the Chinese market, and a way for Infinity to get into gaming.
—The Institute for Systems Biology, based in Seattle, has formed a partnership with Mountain View, CA-based Complete Genomics to sequence the genomes of 100 people next year, and another 2,000 people in 2010. As Luke reports today, Complete Genomics has a different approach to the market, offering genome sequencing as a service.
—TriQuint Semiconductor, based in Hillsboro, OR, won a 21-month, $4.5 million contract from the Office of Naval Research to make integrated circuits and amplifiers for radar and communications applications.
—Imperium Renewables, the struggling Seattle producer of biodiesel fuel, received a new investment from its existing investors to help settle its debts with Société Générale and other creditors. Imperium hopes the recapitalization (the amount and sources were undisclosed) will help it resume operations as soon as possible.
—Dexterra, a Bothell, WA-based maker of mobile management software, closed a $21.5 million round led by New Enterprise Associates. Previous investors Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures, and Sigma Partners also participated.
—NeuroCom International, a Clackamas, OR-based maker of tools for assessing and rehabilitating patients with balance and mobility disorders, is being acquired by Natus Medical, based in San Carlos, CA. The deal is worth $18 million.
—Issaquah, WA-based Digini, a maker of development tools for Windows and Xbox games, closed a round of funding from California Technology Ventures. The amount was not disclosed.
—Bezos Expeditions, the venture organization of Jeff Bezos from Amazon.com, has made a Series A investment in ZocDoc, a New York startup that helps people find doctors and book appointments online. The amount of the investment was not disclosed. Last month, ZocDoc announced it had raised $3.3 million from the likes of Khosla Ventures.