Lycera raises $11 million

Lycera Corp. (Cambridge, Mass.) raised $11 million in the second tranche of a planned $36 million series A round, bringing the total raised in the round to $21 million. All existing investors participated, including InterWest Partners; Arch Venture Partners; Clarus Ventures; and EDF Ventures. Lycera expects the third and final tranche to be triggered next year. ...