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eHealth - Friday, September 29, 2006

Colonoscopy 2.0's NeoGuides Raises $25M

Thumb Los Gatos' NeoGuide Systems has raised $25M in its Series C led by London-based Advent Venture Partners. Colorectal cancer (CRC) accounts for 14% of all deaths from cancer in the US, making it the second most common cause of cancer death. In 2005, an estimated 145K cases will be diagnosed. If you are over 50, you know that you should be tested at least annually. The gold standard for testing is the colonoscopy. 14.2M colonoscopies were performed in 2002 and most people hated the experience. Neoguide systems claims to have invented a better colonoscopy. Unlike conventional scopes, the NeoGuide colonoscope is built out of multiple segments that can be actively controlled. As the physician inserts the NeoGuide scope, the system creates a 3D map of the colon and then directs these segments to follow the path taken by the tip. Here's the unit. Looks spendy. View - NeoGuides site... Continue...

News & Updates - Friday, September 29, 2006

Shutterfly Does Its IPO And Other Fresh Deals

Thumb Investments SEATTLE, WA Twisted Pair Solutions has raised $9M in its first round (IP-based communications software) OTTAWA, CANADA Group IV Semiconductor has raised Cnd$9.1M from Khosla Ventures and others (Silicon light-bulbs) RESTON, VA ObjectVideo has raised $8M in Series E (Security video processing software) NEW YORK, NY Fotolog has raised $4.1M in Series C (Photo blogging) NEW YORK, NY Kurtosys Systems has secured $3.4M of a $5.15M Series A (Financial reporting software and services) BALTIMORE, MD DoublePositive Marketing Group has raised $2.7M in Series B (Sales lead generation solutions) CUPERTINO, CA ForteMedia has raised an undisclosed amount of strategic funding from Intel Capital (Voice processing technology for cars/PC/mobile devices). GERMANY Investors have put an undisclosed amount of capital into JobTV24 (German satellite TV channel and web platform about jobs) IPO REDWOOD CITY, CA Shutterfly priced 5.8M shares at $15 per share for a $87M IPO. It raised $67M from like Mohr, Davidow, Sutter Hill Ventures, and Jim Clark (Online digital photo) SANTA CLARA, CA Mellanox Technologies has filed to raise a $86.25M IPO. It had raised $90M from Intel Capital and Sequoia Capital (Interconnects for servers, storage and infrastructure equipment) M&A AACHEN, GERMANY & MADRID, SPAIN Amadeus Acquires VC-backed... Continue...

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