Series A round, as Luke reported in an Xconomy scoop. The deal is expected to close in April, according to Arzeda’s new CEO, Michael Martino.
—The Seattle Biomedical Research Institute received a $2.3 million grant from the PATH Malaria Vaccine Initiative to help it whittle down a list of novel proteins on the malaria parasite to the ones with the greatest potential to become ingredients in an effective vaccine.
—Intellectual Ventures of Bellevue, WA, formed a partnership with Telcordia Technologies, a networking and telecom firm in Piscataway, NJ. Intellectual Ventures acquired the rights to license some 500 Telcordia patents, and has agreed to fund inventions from Telcordia’s R&D lab. Financial terms were not announced.
—Vancouver, WA-based Dotster, an online domain-hosting firm, sold its RevenueDirect monetization service to Cambridge, MA-based Sedo, and acquired marketing and hosting services EmailBrain and FortuneCity. Financial terms of the deals were not disclosed.
—Seattle’s PopCap Games acquired Gastronaut Studios, also based in Seattle, for an undisclosed price. As a result of the deal, PopCap gets Gastronaut’s assets and employees, as well as an exclusive license to the game developer’s tools and technologies.
—Ryan reported that Topaz Bridge, a Bellevue, WA-based provider of business software, raised slightly more than $2 million in the first closing of a Series B financing round. The investors were not disclosed. Topaz Bridge plans to use the money to expand its sales, marketing, and engineering teams, and expand into Europe this year.
