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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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December 22, 2011, 2:33 PM ET

Grove Instruments, a Worcester, Mass.-based developer of a noninvasive glucometer, has raised $6 million in Series B funding. No investor information was disclosed. www.groveinstruments.com

Intimate Bridge 2 Conception Inc., a Pittsburgh-based direct-to-consumer medical device company focused on reproductive health, has raised $4.3 million in Series A funding. The deal was led by an unidentified Pennsylvania-based investment group, and joined by PLSG Accelerator Fund. www.plsg.com

Cyber-Ark Software, a Newton, Mass.-based information security provider, has raised $40 million in funding co-led by Goldman Sachs and Jerusalem Venture Partners. Some of the deal includes the repurchase of shares from existing backers. www.cyber-ark.com

Jawbone, a San Francisco-based mobile headset maker, has raised $40 million in new VC funding. Backers include Deutsche Telekom, Kleiner Perkins Caufield & Byers, Yuri Milner and existing shareholder J.P. Morgan Asset Management. The company previously raised around $170 million from JPAM, Andreessen Horowitz, Khosla Ventures and Sequoia Capital. www.jawbone.com

Boston-Power Inc., a developer of lithium-ion batteries, has raised $30 million in new private equity funding. GSR Ventures led the round, and was joined by fellow return backers Oak Investment Partners and Foundation Asset Management. The company is headquartered in Westborough, Mass., but recently agreed to shift its locus of operations to China, as part of an earlier $125 million funding round that included investment from Chinese government entities.  www.boston-power.com

Tactus Technology Inc., a Fremont, Calif.-based developer of touch interface components, has raised $6 million in Series A funding led by Thomvest Ventures. www.tactustechnology.com

SurDoc Corp., a Menlo Park, Calif.-based provider of document processing and backup technology, has raised $4 million in new funding from IDG Ventures. www.surdoc.com

Cloudability, a Portland, Ore.-based platform for managing cloud expenses, has raised $1.1 million in seed funding co-led by Trinity Ventures and WaldenVC. www.cloudability.com

Reliance Industries of India has acquired a minority position in TerraPower, a Bellevue, Wash.-based developer of nuclear technologies. No financial terms were disclosed. TerraPower shareholders include Bill Gates, Charles River Ventures and Khosla Ventures. www.terrapower.com

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