Aveo Aims for $86M Debut, Exagrid Snags $16M, PatientKeeper Adds $13M, & More Boston-Area Deals News
Summary
—Cambridge-based CoreStreet, a maker of systems for securing facilities and networks, was acquired by Fremont, CA-based competitor ActivIdentity for $20 million in cash, stock, and warrants. —Data storage and deduplication firm Exagrid of Westborough, MA, raised $16 million in equity financing, according to an SEC filing. —Newton, MA-based PatientKeeper, an electronic medical record provider, raised $13 million in equity (from previous backers Flybridge Capital Partners, New Enterprise Associates, and Whitney & Company) and debt (from Lighthouse Capital Partners). —Caliper Life Sciences (NASDAQ:CALP) of Hopkinton, MA, sold Xenogen Biosciences (XenBio) for $11 million to Hudson, NY-based Taconic Farms. Caliper acquired the XenBio, a small animal services business, through its 2006 buyout of Xenogen —Acceleron Pharma of Cambridge raised $10.9 million in equity financing, according to regulatory filings.