Alnylam, OmniGuide, Ginger Software, and More from the Boston Deals Roundup

New England software makers, biotech companies, and startup incubators have been pumping out deals news in the last week.

—Westford, MA-based RiverMeadow Software, whose technology helps migrate servers to the cloud, raised $5 million of a targeted $10.7 million equity-based offering, according to an SEC filing.

—Ginger Software, a Lexington, MA-based maker of proofreading software, announced on its blog that it had raised $5 million in new funding from Harbor Pacific Capital and Horizons Ventures, as well as $400,000 from previous investors. That makes for a total of $21 million raised by the startup.

—The seven startups RockHealth funded through its inaugural Boston incubator program pitched investors in a demo day last Friday, the same day  TechStarts revealed the 13 companies it will be backing through its fall incubator session.

—Cambridge, MA-based Alnylam Pharmaceuticals inked a 10-year strategic alliance with Monsanto to develop biotech products for the farming industry. Alnylam (NASDAQ: [[ticker:ALNY]]) will receive $29.2 million upfront as well as potential royalties and milestone payments, in exchange for giving Monsanto exclusive worldwide rights to its RNAi-based technology for agricultural use.

—OmniGuide, a Cambridge-based maker of “advanced energy surgical products” for improving accuracy and control in minimally invasive surgeries, said that it brought in $35 million in non-dilutive funding from an affiliate of OrbiMed Advisors.

—Zafgen raised $3 million in new Series C financing from two investors, the Cambridge-based maker of obesity drugs told Mass High Tech.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.