March 2010

Socialcast Secures $8M in Series B Funding

March 31, 2010

Socialcast, a San Francisco, CA-based provider of an enterprise collaboration and activity stream platform, has secured $8m in Series B funding. Investors include Menlo Ventures and True Ventures. The company plans to use the new capital to continue to develop its solution (which enables instant collaboration in a secure environment to unite people, processes, and [...]

Reflexis Receives $3.0M Financing from FirstMark Capital

March 31, 2010

Reflexis Systems, Inc., a Dedham, MA-based provider of a Retail Execution Management Platform that helps retailers turn strategy into action, closed a $3.0m growth capital facility from Velocity Financial Group, Inc. Reflexis is backed by FirstMark Capital. Commenting on the deal, Dan Clarke, CFO of Reflexis, was quoted as saying: “We are very pleased to [...]

InsideView Raises $11.5M

March 31, 2010

InsideView, Inc., a San Francisco, CA-based provider of a sales intelligence solution, closed $11.5m in Series B financing led by current investors Emergence Capital Partners, Rembrandt Venture Partners and Greenhouse Capital Partners. The company provides sales intelligence applications that help organizations tap into social intelligence to accelerate all aspects of the sales process. InsideView’s SalesView [...]

Endpoint Receives Investment from Chiltern

March 31, 2010

endpoint, a San Francisco, CA-based company dedicated to the development of Interactive Response Technology (IVR/IWR) platforms for the life sciences industry, has received a minority equity investment from Chiltern International Limited, a global contract research organization (CRO). endpoint’s configurable system, PULSE, which allows users to design and deploy clinical trial IRT systems that can be [...]

Kleiner Perkins Caufield & Byers Doubles iFund to $200M

March 31, 2010

Kleiner Perkins Caufield & Byers (KPCB) doubled its iFund to $200m of venture capital for applications for Apple’s iPhone OS family of products, including iPhone, iPod touch, and iPad. Established in 2008, the $100m original fund is fully committed across 14 companies, which have been supported by an additional $330m from follow-on investors. Backed ventures [...]

Hemosphere Closes $9.3M Financing

March 31, 2010

Hemosphere, Inc., an Eden Prairie, MN-based medical device company, has completed a $9.3m round of venture capital financing. The round was led by Kaiser Permanente Ventures, with new investor Mutual Capital Partners and previous investors including Affinity Capital Management, Sapient Capital, Cutlass Capital, and Ascension Health Ventures, also participating. The additional capital will allow the [...]

Toura Secures $1.5M in Seed Funding

March 31, 2010

Toura, a New York-based developer of multi-media mobile tour applications and creator of the Mobile App Producer, has secured $1.5m in seed funding from a group of angel investors. The company will use the proceeds to continue advancing its technology platform and to accelerate business development, operations and marketing efforts in the United States, Europe, [...]

UP Web Game Raises Seed Financing

March 31, 2010

UP Web Game GmbH, a Cologne, Germany-based United Prototype project, has received a “seven-figure seed financing” from RapidTainment AG and High-Tech Gründerfonds. According to a press release, under the working title “Social Web Game”, the company is currently developing an undisclosed new kind of online game, which combines several already existing concepts and is targeted [...]

[x+1] Secures a $10M Line of Credit from Silicon Valley Bank

March 31, 2010

[x+1], a New York City-based provider of an online targeting platform, has renewed its line of credit from Silicon Valley Bank. The facility will provide up to $10m of working capital the company requires to identify and pursue new market opportunities and develop innovative solutions. The company’s technology identifies high-value customers and prospects and serves [...]

Intrinergy Receives Strategic Investment from Riverstone Holdings LLC

March 31, 2010

Intrinergy, a Richmond, Virginia-based biomass renewable energy company, has received an undisclosed strategic investment from the latest fund of Riverstone Holdings LLC. The company will use the funds to accelerate its pace of growth in the United States and in Western Europe. In particular, the investment will enable Intrinergy to acquire and develop low-cost wood [...]

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