Machinima Raises $35M in Financing

May 22, 2012

Machinima, a Los Angeles, California-based video entertainment network for gamers, has raised $35m in financing. The round was led by Google Inc., with participation from existing investors Redpoint Ventures and MK Capital. The company intends to use the capital to invest in content and global sales operations, international expansion, distribution strategies, and product and technology initiatives. [...]

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Yottaa Closes $9M in Series B Funding

May 22, 2012

Yottaa, Inc., a Boston, MA-based web optimization company, has closed $9m in Series B funding. Backers include existing shareholders General Catalyst Partners, Stata Venture Partners and Cambridge West Ventures, as well as additional undisclosed investors. Launched in October 2011 and led by CEO Coach Wei, Yottaa provides site owners – in particular, for small- to [...]

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AxioMed Spine Raises $5M in Series D Financing

May 22, 2012

AxioMed Spine Corporation, a Garfield Heights, Ohio-based spinal orthopedics company, has raised $5m in Series D financing. The funding, which augments the previously announced $15m Series D round, was provided by current and new investors. Led by CEO Patrick McBrayer and founder and COO James Kuras, the company focuses on the development of products designed to restore [...]

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GroSocial Raises $1M in Funding

May 22, 2012

GroSocial, an Orem, Utah-based provider of a drag-and-drop app builder for contests, sweepstakes, and other promotional offers, has raised $1m in funding. The round was led by Kickstart Seed Fund, with participation from Monarch Ventures, Rock & Hammer Ventures and other angel investors. The company intends to use the new capital to double its headcount [...]

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Zurex Pharma Raises $6.2M in Series A

May 22, 2012

Zurex Pharma Inc., a Middleton, Wisc.-based life sciences company, has raised $6.2m in Series A financing. The round was led by Baird Venture Partners and the State of Wisconsin Investment Board led the round, with participation from Wisconsin Investment Partners, Peak Ridge Capital and undisclosed individuals. The company intends to use the funding to develop [...]

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DotLoop Raises $7M in Series A Financing from Trinity Ventures

May 22, 2012

DotLoop, a Cincinnati, OH-based provider of software designed to eliminate paperwork in the Real Estate industry, has raised $7m in Series A financing from Trinity Ventures. The company plans to use the financing to accelerate sales and marketing, make strategic hires and open an office in San Francisco. In conjunction with the financing, Noel Fenton, [...]

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Vidyo Raises Series D Funding

May 22, 2012

Vidyo, Inc., a Hackensack, NJ-based video conferencing company, has raised its Series D funding of undisclosed amount. The round was led by QuestMark Partners, with participation from existing investors Menlo Ventures, Rho Ventures, Star Ventures, Four Rivers Group, and Juniper Networks, which invested in the company through its Junos® Innovation Fund. Junos’ investment aims to [...]

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Phagenesis Awarded £1M from the Wellcome Trust

May 22, 2012
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Phagenesis Ltd, a Manchester Science Park-based provider of technology designed to treat patients who are dysphagic following a stroke, has been awarded c. £1m from the Wellcome Trust. Led by CEO Daniel Green, Phagenesis has developed a clinically-proven device to treat dysphagia in stroke patients in the first few weeks while they are hospitalised. With [...]

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BigHand Acquired by Bridgepoint Development Capital and Management for £49M

May 22, 2012

BigHand, a London, UK-based voice productivity software developer, has been acquired by Bridgepoint Development Capital along with management, for £49m. Bridgepoint will acquire the company from LDC who will roll-over a portion of their proceeds to take a minority stake in the business along with a significant investment from management. Debt for the transaction was [...]

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Qualcomm Launches Competition to Fund Early-Stage Technology Companies

May 22, 2012

Qualcomm Incorporated (NASDAQ: QCOM) has launched a competition to identify and fund promising, early-stage technology companies. The Qualcomm Ventures QPrize competition (http://www.qprize.com) is open to entrepreneurs across China, India, Israel, Korea, North America, Western Europe and Brazil and Eastern Europe. One finalist from each region will be awarded US$100k (€100,000 for European finalists) in convertible [...]

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