September 2010

Adama Materials Completes $4.75M Series A Equity Financing

September 29, 2010

Adama Materials, Inc., a Honolulu, Hawaii-based developer of nanotechnology-based advanced materials, has completed a $4.75m Series A equity financing. The round was led by Artiman Ventures, along with Startup Capital Ventures, the company’s founders and a group of Hawaii-based angel investors including Cellular Bioengineering Inc. The new funds will enable the commercialization of the technology [...]

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SenSage Receives $6.25M in Equity and Debt Financing

September 29, 2010

SenSage, Inc., a San Francisco, CA-based provider of Security Information and Event Management (SIEM) systems, has received $6.25m in equity and debt financing. The $3.5m equity portion was provided by existing investors Sierra Ventures, Canaan Partners, FTV Capital and Mitsui Ventures. The remaining $2.75M is debt financing being provided by MMV Financial. The capital will [...]

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Fieldglass Secures “Substantial” Investment from Madison Dearborn Partners

September 29, 2010

Fieldglass, Inc., a Chicago, IL-based technology provider to procure and manage contingent labor and services, has received a majority investment from Madison Dearborn Partners. Upon completion of the transaction, which values Fieldglass in excess of $220m, Madison Dearborn will hold a majority ownership position in the company. Jai Shekhawat, founder and CEO of Fieldglass, and [...]

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Ongo Inc. Receives $12M Initial Financing

September 29, 2010

Ongo Inc., a Cupertino, CA-based start-up that is developing a consumer service for reading and sharing digital news and information from multiple publishers, has received a $12m initial round of financing. Investors include Gannett Company, Inc. (NYSE: GCI), The New York Times Company (NYSE: NYT) and The Washington Post (NYSE: WPO). The company will introduce [...]

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Koofers Raises $5M in Series A Equity Funding

September 29, 2010

Koofers, Inc., a Reston, VA-based social learning company that provides open and free access to course materials, class and professor ratings, and study aids, has raised $5m in Series A equity funding. This round includes Revolution LLC, QED Investors, and existing investors, New Atlantic Ventures and Altos Ventures, which provided seed funding in 2008. The [...]

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Rypple Raises $7M in Financing

September 29, 2010

Rypple, a Toronto, Canada-based developer of a social software that simplifies workplace feedback, has raised $7m in financing. The round was led by Bridgescale Partners, with additional participation from Edgestone Capital Ventures, Extreme Venture Partners, Peter Thiel, Seymour Schulich, Roger Martin and Joe Sigelman. This brings the total amount raised by the company to date [...]

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Crosslink Capital Closes $200M Venture Capital Fund

September 29, 2010

Venture capital and growth equity firm Crosslink Capital has closed a $200m fund focused on information technology and energy technology investments. Crosslink Ventures VI attracted investment from existing and new limited partners, including Guardian Life Insurance Company of America. Cheng Wang, Principal at Guardian, will join the Crosslink Ventures VI Advisory Board. Capital from Crosslink [...]

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TigerText Completes $1.9M Angel Financing Round

September 28, 2010

TigerText, a Santa Monica-CA-based developer of a private mobile messaging platform, completed a $1.9m angel round of financing. The round was led by Herb Madan, an experienced Silicon Valley technology executive and venture investor, and Randall Kaplan, co-founder of Akamai Technologies and venture investor. The funding allows the company to build out its Mobile Privacy [...]

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Fiberspar Receives $50M Investment from White Deer Energy

September 28, 2010

Fiberspar Corporation, a Houston, TX-based designer and manufacturer of advanced spoolable composite pipeline products, has received a $50m investment from White Deer Energy L.P., a recently formed energy private equity firm. White Deer’s investment includes the purchase of existing shares and new shares issued by the company. Fiberspar will use the proceeds to reduce debt [...]

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Tigris Pharmaceuticals Completes $6.5M Private Placement

September 28, 2010

Tigris Pharmaceuticals, Inc., a Bonita Springs, Fla-based drug development company, has completed a private placement of Series C Convertible Preferred Stock resulting in gross proceeds of approximately $6.5m. The financing was led by Mr. Neil Flanzraich, with participation from existing investors Wexford Spectrum Investors, LLC, Sonostar Capital Partners, LLC and other institutional and individual investors. [...]

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