BIND Gets Backed by J&J Veteran’s VC Firm, SV Life Sciences Closes Fifth Fund, Boston Power Raises $60M, & More Boston-Area Deals News

We’ve seen investments in software, energy, and life sciences companies in the last week, plus the closing of a big investment fund for a healthcare-focused venture firm.

Extreme Reach, a maker of software for delivering and tracking video advertisements across multiple platforms, wrapped up a $9 million Series B funding round. Village Ventures led the round for Needham, MA-based Extreme Reach, which was made up of $7 million in equity and $2 million in term debt, and also included backing from Greycroft Partners and Long River Ventures.

—Beverly, MA-based SiOnyx, a company developing black silicon as a more sensitive detector for imaging systems, pulled in $6.3 million of an equity round of financing that could be worth as much as $12 million. In 2007, Harris & Harris, Polaris Venture Partners, and RedShift Ventures invested $11 million in SiOnyx, a Harvard University spinout.

—Content management software company Nuxeo added another $3.3 million to its Series A financing, bringing the round’s total to $5.9 million. OTC Asset Management led the investment for Paris-based Nuxeo, which has U.S. operations in Burlington, MA.

—Boston-Power, a Westborough, MA-based maker of lithium-ion batteries and energy storage technologies, said it has reeled in $60 million in Series E growth equity funding. Existing Boston-Power investors Foundation Asset Management and Oak Investment Partners co-led the financing, which included backing from return investors Venrock and Gabriel Venture Partners. The newest cash brings the startup’s funding total to $185 million and will go toward battery production, international expansion, and the company’s sales, marketing, operations, and engineering teams.

—Waltham, MA-based Blu Homes, a green building company, raised $6.9 million in equity-based funding, an SEC filing revealed. The company originally announced

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.