EXOME

all the information, none of the junk | biotech • healthcare • life sciences

CHiL Bought by International Rectifier, DynamicOps Gets $11M, NeuroPhage Raises $12M, & More Boston-Area Deals News

(Page 2 of 2)

close before the end of this month. CHiL, which designs chips for power management in servers, PCs, and high-performance computing systems, has raised about $30 million since launching in 2006. International Rectifier, which has a manufacturing facility in Leominster, MA, said it will use the technology to help its customers focus on energy efficiency.

—Cambridge, MA-based NeuroPhage Pharmaceuticals, announced it had wrapped up $12.4 million in Series B financing led by Mérieux Développement. New investor Shire (NASDAQ: SHPGY), the Irish biopharma firm, also participated in the round for NeuroPhage, which is preparing its drug candidate for Alzheimer’s disease for Phase 1 clinical trials within the next two years.

–RXi Pharmaceuticals (NASDAQ: RXII), a Worcester, MA-based developer of RNA interference treatments, priced a public offering of common stock and warrants that is expected to gross $8.1 million. The proceeds of the offering, which is expected to close March 4, will be used for general corporate purposes.

—Cardiorobotics, a Raynham, MA-based developer of a robotic catheter for heart procedures, brought in $6.6 million out of an equity- and rights-based funding round that could total $12.5 million.

—Boston’s Sproxil, a company offering text message-based services for identifying counterfeit medication abroad, snapped up $1.8 million in funding from one investor, an SEC filing showed.

—Newton, MA-based Aircuity, a developer of a system for intelligently controlling air ventilation in commercial buildings, bumped up its most recent financing to $3.5 million out of a targeted $10 million equity round, an SEC filing showed. The firm reported last year that it raised $2.5 million from six investors; the new cash comes from one additional investor, according to the federal documents.

Single PageCurrently on Page: 1 2 previous page

By posting a comment, you agree to our terms and conditions.

One response to “CHiL Bought by International Rectifier, DynamicOps Gets $11M, NeuroPhage Raises $12M, & More Boston-Area Deals News”

  1. Hi ,
    Am Sampath Kumar Rao from Sam Creations. I was just browsing in Google i found your web site interesting and unique i would like to write a unique article for your web site around 350+ words which would be relevant to your website i just need 2 back links from your website.

    hopping to here from you again

    Thanks & Regards
    Sampath Kumar Rao
    Manager
    http://www.samcreations.com
    +91 9000600016