mobile-bannertablet-bannerdesktop-banner

Venture capital deals

May 31, 2012

Kona Medical Inc., a Palo Alto, Calif.-based developer of non-invasive technologies for the treatment of hypertension, has raised $30 million in Series C funding. An undisclosed “large-cap medical technology company” led the round, and was joined by return backers Essex Woodlands, Domain Associates, Morgenthaler Ventures and BioStar Ventures. www.konamedical.com

Badgeville, a Menlo Park, Calif.-based provider of SaaS enterprise gamification solutions and services, has raised $25 million in Series C funding. InterWest Partners led the round, and was joined by return backers El Dorado Ventures, Trinity Ventures and Webb Investment Network. The company previously raised $15 million. www.badgeville.com

SolarBridge Technologies, an Austin, Texas–based provider of microinverter solutions used in AC modules, has raised $25 million in Series D funding. Shea Ventures led the round, and was joined by return backers Battery Ventures, Rho Ventures and Osage University Partners. The company previously raised $46 million. www.solarbridgetech.com

AssureRx Health Inc., a Mason, Ohio-based provider of information to help physicians select the right drug for individual neuropsychiatric patients, has raised $12.5 million in Series C funding. Four Rivers Group led the round, and was joined by return backers Claremont Creek Ventures and Sequoia Capital. www.assurerxhealth.com

Redwood Systems, a Redwood City, Calif.-based provider of building-performance lighting solutions, has raised $11.75 million in Series C funding. Return backers were Battery Ventures, U.S. Venture Partners, Index Ventures and Mitsui & Co. www.redwoodsystems.com

iHigh, a Lexington, Ky.-based youth digital television platform and online network, has raised $11.7 million in strategic funding from Cox Media Group at a valuation of nearly $60 million. www.ihigh.com

Grubwithus
, a Venice, Calif.-based social dining network, has raised $5 million in Series A funding. GRP Partners led the round, which follows a $1.6 million seed round that included Andreessen Horowitz, First Round Capital and individual angels. www.grubwithus.com

Want deal news in your inbox each morning? Get Term Sheet!

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions