$50M for ConforMIS, $8.2M for ConnectEDU, $7.25M for MedVentive, & More Boston-Area Deals News

I’m happy to say that the last week has provided a number of venture financings to talk about, and a few other deals as well.

—Waltham, MA-based North Bridge Venture Partners committed to participating in a planned $5 million Series A round of financing for MC10. The newbie firm, formed last year and housed in North Bridge’s office, aims to commercialize a stretchable silicon material that could be used to embed advanced electronics in a host of industrial and biomedical products.

—ConforMIS, a maker of customized implants for knee surgery based in Burlington, MA, raised $50 million in a Series D financing round. The sovereign funds of Kuwait and Singapore contributed to the round, as did previous backer Aeris Capital and others.

—Chemsford, MA-based OurStage, which runs an online community and marketplace for music, took in $3 million of a planned $6 million Series B round of venture capital. More than 100 angel investors reportedly back the firm, along with venture firm Signature Capital.

ConnectEDU of Boston raised $8.2 million from Allen & Company and other investors in a Series C financing round. The startup makes online tools for college admissions and career planning.

Tributes.com, a Boston-based provider of online obituary listings, raised a $1.2 million second round of funding from unnamed backers. The deal brings the firm’s total raised to $5.4 million.

—Burlington, MA-based voice technology giant Nuance Communications (NASDAQ: [[ticker:NUAN]]) acquired Seattle-based Jott, a provider of phone-based voice-to-text services, for an undisclosed sum.

—Mobile advertising software firm Nexage raised $4 million in a Series A round of venture capital and announced plans to relocate from Fremont, CA, to Boston. GrandBanks Capital of Wellesley, MA, and Toronto-based BlackBerry Partners Fund participated in the financing.

GreenRay, a Westford, MA-based maker of plug-and-play solar panels, raised $2 million in a Series A round of financing. Quercus Trust led the first-round financing, which was joined by 21Ventures.

—Phase Forward (NASDAQ:[[ticker:PFWD]]) of Waltham, MA, agreed to pay $10 million to acquire the interactive voice and Web-response services business of Princeton, NJ-based Covance (NYSE:[[ticker:CVD]]). As part of the deal, Phase Forward will provide its clinical trials data management software to Covance’s customers.

—Waltham, MA-based MedVentive raised a $7.25 million Series C round of venture capital led by Excel Venture Management and joined by HLM Venture Partners and Long River Ventures. MedVentive provides business intelligence software for health plans, medical centers, and pharmacies.

—Sheldon, CT-based iMedX indicated in a regulatory filing that it has raised $13.3 million in a new round of financing that involved two investors. The firm provides outsourced transcription services for doctors using proprietary software.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.