REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Plum District, a San Francisco, CA-based daily deal website devoted to savvy moms and their families, has received $8.5m in Series A funding. The round was led by Kleiner Perkins Caufield & Byers, with participation from General Catalyst Partners. In conjunction with the funding, Aileen Lee, KPCB partner, will join Plum District’s board. Plum District […]
Trustpilot, an Åbyhøj, Denmark-based operator of a consumer website where users can gain an overview of companies’ customer satisfaction and contribute their own experiences, has raised DKK5,5m in venture capital funding. Investors include SEED Capital and the company’s existing shareholders. Trustpilot intends to use the funds to expand in Europe, primarily in the UK and […]
Alpine Investors, a San Francisco, CA-based private equity firm, closed its buy-out and growth mezzanine debt and equity funds, with $260m of total committed capital. A portion of the committed capital is in Alpine Investors IV SBIC, LP, an affiliate of Alpine Investors IV, which has committed debt financing from the U.S. Small Business Administration […]
Ryma Technology Solutions, a Ville St-Laurent, Quebec, Canada-based provider of product investment management solutions, has received a follow-on loan of undisclosed amount from MMV Financial. The company intends to use the proceeds from the financing to execute its expansion plans over the coming years. Established in 2000 and led by President and CEO Rene Bellei, […]
Flex Biomedical, Inc., a Madison, WI-based biomedical company focused on developing novel treatments for orthopedic diseases, has closed an $866,000 financing round. Both new and existing investors participated in the round. Founded in 2007 and led by CEO Sal Braico, Flex Biomedical is developing innovative treatments for orthopedic diseases. The company’s lead product, the Flex […]
Storenvy, a San Francisco, CA-based social marketplace and store builder for indie brands, has raised $1.5m in funding. The round was led by Spark Capital and First Round Capital with participation from KPCB, Charles River Ventures and a group of angel investors including David Cohen (founder of TechStars), John Maloney (president of Tumblr), David Cancel […]
Altamont Capital Partners, a Palo Alto, CA-based private equity firm, has closed its first fund with $500m of capital. Approximately 10% of the commitments comes from the General Partner and its affiliates. Altamont was formed in 2010 by private equity veterans Jesse Rogers, Randall Eason and Keoni Schwartz. The fund focuses on change-intensive, middle market […]
PhysioSonics, Inc., a Seattel, WA-based provider of noninvasive neurologic monitor solutions, closed its Series B financing. The round, whose amount reamined undisclosed, was co-led by Kirby Cramer, former Chairman of SonoSite (NASDAQ: SONO), and a strategic investor from the Series A funding. Mr. Cramer was named Chairman replacing founder Robert Frederickson Ph.D., who will continue […]
On Deck Capital, Inc., a New York, NY-based technology platform that connects businesses with capital, has secured $15m in a series C financing. The round, which was led by SAP Ventures, is intended to enable the company to expand its technology. Founded by Chairman & CEO Mitch Jacobs, On Deck has created a proprietary platform […]
N.E.I. Treatment Systems, LLC, a Los Angeles, California-based global market leader in Ballast Water Treatment Systems (BWTS) for the maritime industry, has completed a private round of equity financing. The financing, whose amount remained undisclosed, was subscribed by existing and new investors. The company intends to use the capital to fund global expansion of operations […]
Microvisk Technologies, a St Asaph, Denbighshire, UK-based developer of a handheld system to monitor the blood clotting status of patients taking the drug Warfarin, has raised £6m in a third funding round. The round included investment from Porton Capital, Oxford Technology Management, New Hill, Midven, the Rainbow Seed Fund, Finance Wales and other private investors. […]
OrthoSensor, Inc., a Sunrise, FL-based developer of intelligent orthopedic implants and sensor-assisted surgery systems, has raised $21m in Series B financing. The round was led by Ziegler Meditech Equity Partners, LP, and an unnamed strategic investor. The company is developing and commercializing intelligent orthopedic devices that provide surgeons with real-time, actionable information about implant placement […]
Snapdeal.com, an India-based daily deals site, has raised $12m in funding. The investment was led by Nexus Venture Partners. SnapDeal is a leading discount coupon platform for local services and products including restaurants, gyms, spas, tattoos, dance classes, online shopping. The service is available in over 30 cities across the country. The company operates offices […]
Envia Systems, a Newark, Calif.-based developer of patented cathode technology that enables its batteries to deliver high levels of energy capacity, safety and life, has received $17m in equity financing. The round was led by General Motors Ventures LLC, which committed $7m, with participation from Asahi Kasei and Asahi Glass as well as existing investors […]
TiE Boston, a nonprofit organization that focuses on fostering entrepreneurship in the New England area, has launched TiE Angels Investment Group to provide start-up capital and strategic support. TiE Angels aims to invest in early-stage companies, mainly in sectors including healthcare, clean-tech, Internet/digital media, mobile, software, financial technology, technology-enabled services, and communications. The group expects […]