North Bay Business Journal

PETALUMA — Raydiance, Inc., a startup developer of high-precision industrial lasers, today said it received a $6 million venture loan to fund growth.

SANTA ROSA — Osseon Therapeutics, Inc. announced today that it has raised a $14 million round of equity financing led by a private investor, which will allow the medical device maker to expands its product line that treats vertebral compression fractures.

NOVATO — Ultragenyx Pharmaceutical Inc. today said it raised $75 million in Series B financing for development of the company’s lead clinical testing–stage drugs to treat rare genetic diseases.

SAUSALITO — Glassdoor Inc., the online career and jobs community, today said it has raised an additional $20 million in venture financing, and plans to use the funds on staff and technology to drive further growth.

Corte Madera-based Message Bus, a developer of a cloud-based software behind messaging and email, closed an $11 million round of growth funding.

The average cost of apartment rent in the third quarter rose year-over-year in Sonoma and Napa counties, according to Novato-based real estate data firm RealFacts. …

San Diego-based Sunrise Management has expanded its Northern California office with the addition of two new Sacramento-area properties to their portfolio, including one in Santa Rosa. …

Sonoma County Regional Climate Protection Authority announced the approval of Sonoma Flex Package, a new incentive program that enhances the current Energy Upgrade California program. …

Petaluma Educational Foundation is calling for support in its effort to raise an additional $50,000 to fund its grant programs for Petaluma educators. …

PETALUMA — Raydiance, Inc., has completed a $20 million growth financing, led by Samsung Venture Investment Corporation, the investment arm of consumer technology giant Samsung Group.

Raydiance says the new funds will be used to accelerate its consumer electronics efforts and to ramp up manufacturing to meet the demand for the company’s medical device, automotive, and other manufacturing customers.

MILL VALLEY — Therapydia, Inc., announced recently that it raised $5 million in venture funding to launch a website that will be “an online community” for physical therapists, which the Mill Valley-based startup said is one of the fastest growing areas of health care professionals.

PETALUMA — WellFX, a technology start-up in Petaluma, recently secured $5 million in Series A funding from private investment firm CMT Ventures, which will help the company embark on a platform that aims to integrate cloud-based social media with some of the region’s health care providers and their patient bases.

SAN RAFAEL — IntelliBatt, provider of uninterruptable power systems and battery monitoring systems and services for data centers and commercial operations, secured a $22 million equity investment the company plans to use for growth and expansion of the product line.

NAPA — Backed with new funding, VinPerfect is moving into larger-scale production of its design for a screw cap and liner combination that allows winemakers to control oxygen transfer to the wine after the bottle is sealed.

HEALDSBURG — A San Francisco venture capitalist is investing $2.5 million in a 5-year-old wine producer, the company announced today.

PETALUMA — Oculus Innovative Sciences, Inc. (Nasdaq:OCLS) today said it has received commitments to purchase aboout $2 million company stock in a registered direct offering set to close next week.

NOVATO — Circle Bank today announced it has partnered with Keiretsu Forum, said to be the world’s largest angel investor network, to provide financing advice to startup and early-stage companies in the North Bay and San Francisco.

LARKSPUR [Updated, Nov. 6, 12:10 p.m.] — mFoundry, a fast-growing provider of mobile banking and payments services, today said it received $18 million in growth capital. The new funds will allow the company to add 60 employees to its workforce of 100. The 7-year-old company has received $50 million in funding so far.

SANTA ROSA — Claret Medical, Inc., a recently formed Santa Rosa-based developer of methods designed to protect against brain embolism during vascular intervention and surgery, received European Union approval today for its Montage System. It’s the second product approval this year. Claret has raised most of a $3.5 million round of private equity financing opened in late summer.

PETALUMA — Oculus Innovative Sciences Inc. (Nasdaq: OCLS) signed an agreement with a San Jose-based venture capital lender to borrow up to $2.5 million to fund growth, according to regulatory filings.

In its analysis of the recently released unemployment statistics for May, Los Angeles-based Beacon Economics listed the Santa Rosa-Petaluma MSA among three regions in California that gained jobs — 1,700 to be exact between April and May.

NOVATO — Ultragenyx Pharmaceutical Inc. today announced the closing of a $45 million series A financing to develop treatments for rare disease.

SAN RAFAEL — Telltale Games, publisher of movie-like episodic games, today said it closed a $7 million round of series C funding that will be used to launch new products on multiple gaming and computer platforms and consumer electronics.

ST. HELENA — Societe d’Application de Recherche de Conseil en Oenologie (SARCO), an analytical laboratory based in the Bordeaux winegrowing region of France, today said it made a minority investment in Napa Valley Think Tank, allowing the 7-month-old company to bring a new line of wine-quality testing services to market more quickly.