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Category: Portfolio Company News

Medtronic to Acquire Twelve, Inc., Developer of Transcatheter Mitral Valve Replacement Device

DUBLIN – August 25, 2015 – In support of the company’s therapy innovation strategy, Medtronic plc (NYSE: MDT) today announced that it has signed a definitive agreement to acquire Twelve, Inc. (“Twelve”), a privately-held medical device company based in Redwood City, Calif., focused on the development of a transcatheter mitral valve replacement (TMVR) device. Twelve ...

InsideView Secures $32.5 Million in New Funding to Invest in Three Hot Product Areas: Marketing Products, APIs, and its Big Data Platform

Spring Lake Equity Partners Leads Funding Round to Fuel Company Growth and Meet  Rapidly Accelerating Demand for Market Intelligence  SAN FRANCISCO – July 30, 2015 – InsideView powers the world’s business conversations. Today the company announced it has secured a total of $32.5 million in new equity and debt funding. Spring Lake Equity Partners led the ...

Code42 Appoints Joe Payne as President and CEO to Lead Next Phase of Growth

After more than 100 percent year-over-year growth, endpoint data security leader taps former Eloqua CEO to lead global operations MINNEAPOLIS – July 14, 2015 – Code42, the leader in endpoint data protection and security for business and enterprise, today announced that it has hired Joe Payne, a proven software-as-a-service (SaaS) executive, as president and chief ...

Medtronic to Acquire RF Surgical Systems, Developer of Detection System for the Prevention of Retained Surgical Sponges

DUBLIN– July 13, 2015 –Medtronic plc (NYSE:MDT) today announced it has signed  a definitive agreement to acquire RF Surgical Systems, Inc., a medical device company based in Carlsbad, Calif., focused on the detection and prevention of retained surgical items (sponge, gauze or towel) for approximately $235 million. Additional terms of the acquisition were not disclosed. ...

EBR Systems, Inc. Raises $20 Million to Accelerate Wireless Cardiac Pacing

SUNNYVALE, Calif.–(BUSINESS WIRE)–EBR Systems, Inc., developer of the world’s first and only wireless cardiac pacing system for heart failure, has raised $20 million for clinical studies and regulatory filings, including commitments toward a second quarter closing. Led by Dr. Thomas Fogarty’s Emergent Medical Partners, the financing includes current venture investors Split Rock Partners, SV Life ...

Sparkcentral Raises $12M Series B Funding Led by Split Rock Partners

Market Leader for Social Media Customer Support Enables Enterprises to Deliver Optimal Customer Service SAN FRANCISCO, Calif.—January 20, 2015—Sparkcentral, the enterprise customer engagement platform for real-time customer service, today announced it has raised $12M in a Series B funding round. The round was led by Split Rock Partners with participation from existing investor Sigma West. Split ...

Histogenics Corporation Announces Pricing of Initial Public Offering

WALTHAM, Mass., Dec. 2, 2014 (GLOBE NEWSWIRE) — Histogenics Corporation (Histogenics), a regenerative medicine company focused on developing and commercializing products in the musculoskeletal space, today announced the pricing of its underwritten initial public offering of 5,909,091 shares of its common stock at a price to the public of $11.00 per share. The shares are ...