Monday, January 22, 2024
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CalciMedica Gets $55M In Private Placement
La Jolla-based biopharmaceuticals developer CalciMedica, which trades on the NASDAQ as CALC, says it is in a private placement deal that will provide up to $55M to the company. According to the company, the private placement gives it $20.4M in upfront financing, and up to an additional $34.2M. The company said the PIPE should "be sufficient" to fund the company through subsequent clinical trials on its acute pancreatitis (AP) and AKI programs. The funding came from Deerfield Management, Soleus C (More info...)
posted on Monday, January 22, 2024(Full story)
Interlock Equity Backs evolv Consulting
Los Angeles-based private equity investor Interlock Equity said it has made a strategic growth investment in evolv Consulting, a business consulting firm based in Dallas. Size of the investment was not announced. Rob Zielinski is Managing Partner at Interlock Equity. The companies said that evolv Consulting was advised by Equiteq and Troutman Pepper in the deal; evolv Consulting was advised by Guggenheim Securities, LLC and Winston & Strawn LLP.
posted on Monday, January 22, 2024(Full story)
PacketFabric Names CTO
Culver City-based PacketFabric said this morning that it has named Wes Jensen as the company's Chief Technology Officer. Jensen was previously at Digital Realty, and also had served at Level 3 Communications (now owned by Lumen Technologies), Global Cloud Xchange, EarthLink, and XO Communications (now owned by Verizon). He also served in Special Operations in the U.S. Army, according to the company. PacketFabric provides connectivity between carrier-neutral colocation facilities.
posted on Monday, January 22, 2024(Full story)
MGM Alternative and the Global Esports Federation In Content Deal
Los Angeles-based MGM Alternative, which is part of Amazon MGM Studios, says it has inked a deal with the Global Esports Federation, which will create contant around games, Esports athletes, and the "gaming lifestyle". Financial details of the deal were not announced. According to the two, the deal includes both linear and streaming content, and live events. MGM Alternative produces The Voice, Shark Tank, and Survivor.
posted on Monday, January 22, 2024(Full story)
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