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Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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May 31, 2012, 1:49 PM ET
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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

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By Dan Primack
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