FinSMEs

Zyncro Closes €1.6M Second Round of Financing

February 4, 2012

Zyncro, a Barcelona, Spain-based Enterprise Social Network has closed a €1.6m second round of financing. Active Venture Partners has joined exisitng investors Caixa Capital TiC, Cabiedes & Partners, Perennius (Spanish), Aniol and XMS, as well as the Dutch firm Nordhold. The company intends to use the capital to develop the product and continue to expand [...]

Stylistpick.com Raises $11M in Series B Funding

February 4, 2012

Stylistpick.com, a UK-based subscription-based fast fashion brand,has raised $11m in Series B funding. Backers include Fidelity Growth Partners Europe (FGPE) and existing investors Accel Partners and Index Ventures (read here about the company’s Series A Funfing round). Stylistpick.com intends to use the funding to accelerate the growth of the business in the UK and to [...]

crossvertise Receives Investment in the nearly 7-Figure Range

February 4, 2012

crossvertise GmbH, a Munich-based start-up that provides a cross-media booking platform for advertising media, has received an investment (in the nearly 7-figure range). Backers include High-Tech Gründerfonds and BambooVentures. The company intends to use the funding to launch its platform. Initiated in 2009 under the name of werbetraeger24 by CEO Matthias Völcker, Thomas Masek and [...]

ScraperWiki Completes $1M Funding

February 3, 2012

ScraperWiki, a Liverpool, UK-based data hub startup, completed a $1m funding. Backers include the North West Fund for Venture Capital, managed by EV, which has made a substantial investment as part of the round. The company intends to use the capital to to scale up development and rollout its collaborative data platform. In conjunction with [...]

Chesapeake Gardens Receives Debt Investment Funding from The Reinvestment Fund

February 3, 2012

Chesapeake Gardens, an Allentown, Pennsylvania-based healthy food processing company, has received debt investment funding from The Reinvestment Fund. The company intends to use the proceeds from the investment to to increase production volumes of its products and distribution channels throughout the Eastern U.S.. Led by Alan Magan, co-founder and President, and Matt Magan, co-founder and [...]

Bulbs.com Receives $22K Grant from the Massachusetts Workforce Training Fund

February 3, 2012

Bulbs.com, a Worcester, Mass.-based Philips Lighting distributor, has received a $22k grant from the Massachusetts Workforce Training Fund. The company intends to use the funding to conduct sales training aimed at further developing their inside sales staff. Established in August 1999 and led by CEO Mike Connors, Bulbs.com provides over 4,500 lighting products from Philips, [...]

WireTough Cylinders Receives $200K Investment from Commonwealth Energy Fund

February 3, 2012

WireTough Cylinders, LLC, a Bristol, Va.-based manufacturer of compressed natural gas (CNG) cylinders reinforced with steel wire, has received a $200k investment from the Center for Innovative Technology‘s Commonwealth Energy Fund (CEF). The company intends to use the funding to expand their product outreach. Led by CEO Amit Prakash, WireTough provides on-board CNG cylinders designed [...]

flaregames Secures €6M

February 3, 2012

flaregames, a Karlsruhe, Germany-based mobile gaming company, has secured €6m in its initial funding. The round was led by Accel Partners. The company intends to use the capital to scale the business, hire additional people (http://flaregames.com/jobs/) and market its upcoming line-up of free-to-play games for mobile devices, which will consist of 5 games by the [...]

PlanSource Holdings Raises $12M in Funding

February 3, 2012

PlanSource Holdings Inc., an Orlando-based cloud HR and healthcare SaaS technology company, has raised $12m in new funding. The round was led by Lemhi Ventures. The company intends to use the funding to expand its business in healthcare technology, employee benefits administration, and HR technology services. Led by CEO Dayne Williams, PlanSource provides cloud-based Software [...]

Aria Retirement Solutions Receives $4M Investment from Polaris Venture Partners

February 3, 2012

Aria Retirement Solutions, a San Francisco-based provider of guaranteed retirement income services, has received a $4m investment from Polaris Venture Partners. The company intends to use the funds to expand its tech platform for independent RIAs. Led by David Stone, Founder and CEO, Aria recently introduced the first in a series of RetireOne guaranteed income solutions, which are designed [...]

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