Venture capital deals

Mar 30, 2012

Genalyte Inc., a San Diego-based developer of multiplexing technology for autoimmune and immunoassay applications, has raised $11.8 million in Series B funding. Redmile Group and Claremont Creek Ventures co-led the round.

FRX Polymers Inc., a Chelmsford, Mass.-based maker of environmentally-friendly flame-retardant plastic, has raised $11 million in new Series B funding, bringing the round total to $26.7 million. DB Masdar Fund and BASF Venture Capital co-led the new tranche, and were joined by return backers Capricorn Cleantech Fund and Israel Cleantech Ventures., a San Francisco-based developer of mobile search technology, has raised $3.5 million in new VC funding led by Horizons Ventures. It previously raised $9 million from Draper Fisher Jurvetson, BRM Group and DFJTFV.

LearnZillion, a Washington, D.C.-based personalized learning platform, has raised $2.4 million in Series A funding. Backers include DC Community Ventures, O’Reilly Alpha Tech Ventures, Learn Capital Venture Partners, NewSchools Venture Fund, Citybridge Foundation, ULU Ventures and Calvert Social Investment Fund.

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