According to PE Hub, PTV Sciences, one of the areas leading biotech venture capital firms, gained some star power today when it announced that Rick Anderson, the former chairman for Johnson & Johnson and worldwide franchise chairman for Cordis Corp., has joined the firm as managing director. PTV has been in the news recently for its funding activities, including Apollo Endosurgery and Asuragen.  Between PTV and Sante, expect great things from the up and coming [...]

NextIO, Inc., the leader in I/O virtualization solutions, today announced it closed an $18.8 million Series C funding round. Adams Capital Management and Crescendo Ventures led the round with participation from other inside investors as well as two new strategic investors. The funding will be used by NextIO to further expand its development team and sales channels in preparation for the upcoming release of several virtualization system products in 2008. To date, NextIO has raised [...]