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    Wednesday, September 13, 2017
    Lattice Semiconductor Acquisition Nixed By White House
    The $1.3 billion acquisition of Palo Alto-based Lattice Semiconductor has been kiboshed by the White House, in the latest, failed acquisition by Chinese investors to acquire a U.S. technology company. President Donald Trump on Wednesday blocked the acquisition of Lattice by Canyon Bridge Capital Partners, due to Canyon Bridge's relationship with a Chinese state-owned asset management firm. Canyon Bridge and Lattice Full story)


    Paragon Genomics Finds $8M In Series A
    Haywards-based Paragon Genomics, a developer of next generation sequencing (NGS) technology, has raised $8M in a Series A funding. The funding was led by Cowin Venture Capital and Fosun Industrial Co., Limited, and also included Cloudstone Venture, HEDA Ventures, and Wisemont Capital. Tao Chen is CEO of Paragon Genomics.

    posted on Wednesday, September 13, 2017(Full story)


    BridgeBio Pharma Adds $125M
    Palo Alto-based BridgeBio Pharma, a biopharmaceuticals developer focused on genetic diseases, said on Wednesday that it has raised $135M in a funding round. The funding was led by Viking Global Investors and KKR, and also included Perceptive Advisors, AIG, Aisling Capital, Cormorant Capital and Janus Funds. The firm said the funding goes to both existing and new programs. Neil Kumar, Ph.D. is the company's co-founder and CEO.

    posted on Wednesday, September 13, 2017(Full story)


    Apttus Takes $55M More For Sales Quote Software
    San Mateo-based Apptus, a developer of artificial intelligence-driven, sales quoting software, said today that it has raised $55M in a Series E funding round. The funding was led by Premji Invest, the private equity arm of Wipro Limited chairman Azim Premji, and also included Salesforce Ventures, K1, and Iconiq. Apptus has now raised $329M in total funding. The company says it now has over 1,100 employees. Kirk Krappe is Chairman and CEO of Apttus.

    posted on Wednesday, September 13, 2017(Full story)


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