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Venture Capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
November 22, 2011, 3:37 PM ET

Portola Pharmaceuticals, a South San Francisco-based drug company focused on cardiovascular and autoimmune/inflammatory diseases, has raised $89 million in new VC funding. New investors include Temasek, Eastern Capital and Biogen Idec ($9 million equity infusion as part of a strategic agreement that also includes a $45 million up-front cash payment). The company previously raised around $220 million from Abingworth Management, Advanced Technology Ventures, AllianceBernstein, Alta Partners, Brookside Capital, CIDC Consulting, D.E. Shaw, Frazier Healthcare Ventures, Goldman Sachs, IBT Management Corp., MPM  Capital, Prospect Venture Partners, Sutter Hill Ventures, Teachers’ Private Capital, T. Rowe Price, Apothecary Capital, Janus Capital and PAC-Link BioVentures. It also has strategic agreements with Merck & Co. and Novartis that could be worth more than $1 billion.www.portola.com

RunKeeper, a Boston-based social app for tracking exercise, has raised $10 million in second-round funding. Spark Capital led the round, and was joined by Revolution Ventures and return backer OATV.www.runkeeper.com

eVariant, a Simsbury, Conn.-based provider of SaaS-based CRM/PRM and marketing automation solutions for hospitals and healthcare organizations, has raised $5.3 million in first-round funding fromHealth Enterprise Partners. www.evariant.com

EyeSight Mobile Technologies, an Israel-based developer of touch-free interfaces for digital devices, has raised $4.2 million in Series B funding co-led by CEVA Inc. and Mitsui & Co. www.eyesight-tech.com

Power Assure Inc., a Santa Clara, Calif.-based provider of data center infrastructure and energy management solutions, has raised $1 million in strategic funding from Dominion Energy Technologies, an affiliate of Dominion Resources (NYSE: D). This closes out a $14.5 million Series B round that also includes ABB Technology Ventures, Good Energies, Point Judith Capital, and Draper Fisher Jurvetson.www.powerassure.com

ChanRx, a Cleveland-based developer of drugs to treat atrial fibrillation, has raised an undisclosed amount of Series A funding from Sante Ventures. www.chanrx.com

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