LDR, a maker of innovative spinal implants, has raised $25M in Series C funding from Telegraph Hill Partners along with existing investors Austin Ventures, Rothschild Private Equity, and PTV Sciences. It appears to be a busy week for venture money! Everyone must have returned from summering in the Hamptons. LDR has some incredibly innovative designs for both fusion and non-fusion applications, with even more great announcements in the pipeline. The picture above is of their [...]

Alereon Inc., an Austin, Texas-based fabless semiconductor company developing ultrawideband wireless chipsets, has called down around $18.5 million in additional Series B funding, according to PE Hub. The company had previously raised $21.53 million in Series B funding at a post-money valuation of approximately $80 million. Backers include Pharos Capital Partners, Austin Ventures, Centennial Capital Ventures, Duchossois Technology Ventures, PTV Sciences, eCentury Capital Partners and Genesis Campus. The company is striving to replace the complex [...]

NexTech Solutions, a publicly traded manufacturer of automated optical inspection systems used in the production of flat panel display, which merged with FAS Technologies, LLC earlier this year, has received a $1 million investment from Tokyo, Japan-based Hakuto Co. Ltd. Hakuto, which distributes electric products and manufactures industrial chemicals, likely sees this as a strong strategic investment, as Hakuto represents NexTech’s products throughout the Asia Pacific region. According to Tony Di Napoli, NexTech’s president, Hakuto [...]

UpLink Corp., the Austin-based company focused on delivering GPS management solutions to golf carts, has announced that it is being acquired by British Columbia, Canada-based GPS Industries Inc. for US$18 million in cash, stock and debt.  Both companies produce systems used in golf carts that provide players with detailed information using the global positioning system.  Under the deal, UpLink CEO Glen Pierce and president Mac McHugh will join GPS Industries management team as executive vice-president [...]

We’ll have more on Innotech in the coming weeks leading up to the Oct 11th event. For now I wanted to let you know that I will have a fist full of free passes at the Austin Tech Happy Hour tonight. If you would like one please track me down and say hello. -Bryan

I’m trying out the new TypePad interface to the iPhone. It’s actually very cool, and pretty functional. I look forward to more iPhone interfaces for the apps I use most.