Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Venture capital deals

March 18, 2013: 9:38 AM ET

DC Devices, a Cambridge, Mass.-based developer of medical devices for treating congestive heart failure, has raised $9 million in new VC funding. Lumira Capital led the round, and was joined by return backers Third Rock Ventures and General Catalyst. www.dcdevicesinc.com

OpenX Software Ltd.
, a Los Angeles-based provider of digital and mobile advertising revenue products and services, has expanded its Series E round to $25 million, according to a regulatory filing. In January the company announced that it had raised $22.5 million in a round led by Samsung Venture Investment Corp. Other participants included Accel Partners, Index Ventures, SAP Ventures, Mitsui & Co. Global Investment and Presidio Ventures. www.openx.com

Troop ID, an online platform for digitally verifying military credentials to brands and government agencies in order to claim discounts and benefits, has raised $2.1 million in seed funding from angel investors like David Tisch and Mark McLaughlin, according to TechCrunch. www.troopid.com

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Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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