PE Week Wire - Friday, January 9
Summary
www.ex4.com Infinity Pharmaceuticals Inc., a Cambridge, Mass.-based biopharma company focused on clinical genomics, has received a $25 million strategic investment from Amgen Inc. (Nasdaq: AMGN), as part of a larger collaboration agreement. The firm also added a pair of principals: Kevin Jenkins, former president of Canadian Airlines and Westaim Corp., and Jeff Belford, former CFO of Swiss Water Decaffeinated Coffee Co. www.triwest.org TA Associates has made an undisclosed investment into Drive Assist UK Ltd., a Staffordshire-based provider of replacement vehicles. www.spirationinc.com Array Networks Inc., a Campbell, Calif.-based provider of integrated Web traffic management and SSL VPN solutions, has raised $7.5 million in Series A recap funding from return backer H&Q Asia Pacific. Ltd., the wholly owned investment arm of the Singapore Economic Development Board, Return backers Versant Ventures, InterWest Partners and Lehman Brothers also participated. www.us-mindmatters.com Miles Gilburne, a managing member of ZG Ventures, has joined the board of directors at SRA International Inc. (NYSE: SRX), a Fairfax, Va.-based provider of IT services to the federal government.
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