IBM Acquires Netezza and OpenPages, Boston Scientific Buys Asthmatx, Massachusetts Startup Financing Rebounds, & More Boston-Area Deals News
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Excel Venture Management and Mass Medical Angels pitched in. Lantos will use the funding to help develop a beta version of its device for 3D imaging and digital mapping of the human ear canal.
—Boston Scientific (NYSE:BSX) announced it will acquire Asthmatx for $193.5 million. The Natick, MA-based medical device maker will also pay Sunnyvale, CA-based Asthmatx payments of up to $250 million, based on sales of Asthmatx’s catheter-based device for treating asthma.
—Equity-based investments in Massachusetts tech and life sciences companies grew almost 10 percent between July and August, according to data from private company intelligence platform CB Insights. Thirty firms raised a combined $143.6 million last month, compared to July’s total of $131.4 million. Healthcare was the best-funded sector for the month, with a total of $77.1 million raised, and Internet took second place, with $33.4 million raised.
—Data management software maker ActiFio raised $16 million, according to a regulatory filing. New backer Advanced Technology Ventures reportedly participated in the round for the Waltham, MA-based startup, which raised $8 million in a Series A financing led by North Bridge Venture Partners and Greylock Partners earlier this year.
—Laser Light Engines of Salem, NH, raised $13 million in a Series B financing round from Braemar Energy Ventures, Harris & Harris Group, and IMAX. The startup, which is developing a custom light source for IMAX’s digital projection systems, among other things, completed a $5 million Series A round in 2008.