April 2011

Crisp Media Raises $6M in Growth Capital

April 28, 2011

Crisp Media, a New York-based cross-platform rich media advertising company, has raised $6m in growth capital. Existing investors Meritage Funds and Intel Capital were joined in the financing by Singapore’s global fund EDBI. The company intends to use the funds to expand internationally and continue to grow its recently introduced self-service ad management platform, called [...]

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Spiceworks Closes $25M Series D Financing

April 28, 2011

Spiceworks, Inc., an Austin, TX-based social business network for IT professionals and technology vendors, has closed a $25m Series D financing round. Investors include new backers Adams Street Partners and Tenaya Capital and existing shareholders. The company intends to use the funds to include integrated commerce within the network including group purchasing and deals, integrated [...]

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140 Proof Closes $2.5M Series B Funding

April 28, 2011

140 Proof, a San Francisco, CA-based social stream ad platform for Twitter and Facebook, completed a $2.5m Series B funding round. The round was led by BlueRun Ventures, with participation from angel investors including Mark Kingdon, former CEO of Organic Inc. They joined Ron Conway’s SV Angel and Peter Thiel’s Founders Fund. Led by CEO Jon [...]

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Inspirato Closes $11m Equity Financing

April 28, 2011

Inspirato, a Denver, CO-based private club that allows members to reserve vacations in luxury residences, closed an $11m equity financing. The company intends to use the funds to expand its proprietary technology platform and add new partnerships. Founded in January 2011 and led CEO Brent Handler, Inspirato requires a one-time non-refundable fee of $15,000 to offer access to below-market [...]

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OnAsset Intelligence Secures Funding

April 28, 2011

OnAsset Intelligence, Inc., an Irving, Texas-based provider of machine-to-machine (M2M) wireless asset tracking, sensing, and control solutions, has secured funding of undisclosed amount. Investors include Main Street Capital Corporation and an investment entity controlled by Roy W. Haley. The company intends to use the funds to expand its sales, marketing and manufacturing capabilities. In conjunction [...]

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Sittercity Closes $22.6m Series B Equity Financing

April 28, 2011

Sittercity (http://www.sittercity.com), a Chicago, IL-based website connecting families with child care, pet care, eldercare, home care and tutoring solutions, closed a $22.6m Series B equity financing. The round was led by Baird Venture Partners (BVP) and New World Ventures (NWV), with participation from new investors State of Wisconsin Investment Board, Western Technology Investment and existing [...]

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Bigpoint to Receive $350M Investment from TA Associates and Summit Partners

April 28, 2011

Bigpoint GmbH, a German online-game developer, publisher, and content provider for large media concerns, is to receive a $350m investment from Summit Partners and TA Associates. The investment, whose completion is subject to regulatory approval and other standard conditions, aims to recapitalize the company and position it for continued strong international expansion. TA and Summit [...]

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MODASUITE Secures Seed Financing

April 27, 2011

MODASUITE, a Montreal, Canada-based vertically integrated online retailer of personalized and made-to-fit menswear, has secured seed financing. Investors include Real Ventures, Anges Quebec investors and Bolidea. The company intends to use the funding to expand internationally. In conjunction with the funding, Mark MacLeod from Real Ventures and Martin-Luc Archambault representing Anges Quebec investors will both [...]

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Hoist Receives Equity Investment from Accent Equity

April 27, 2011

Hoist AB, a Stockholm, Sweden-based company that delivers systems, products and services for hotels and commercial properties, has received an equity investment of undisclosed amount from Accent Equity. Accent Equity 2008 is acquiring a 50% stake in the company. The founders, CEO Malcolm Lindblom and Christopher Upmark, will continue to run the company and retain [...]

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SPR Therapeutics Recieves $250K from JumpStart Ventures

April 27, 2011

SPR Therapeutics, a one-year-old Beachwood, Ohio-based company that is commercializing its proprietary neurostimulation therapy for pain relief, has recieved a $250,000 investment from JumpStart Ventures. SPR Therapeutics, a spinoff of NDI Medical, LLC, which developed the technology and licensed it to the startup, is led by President and CEO Maria Bennett, former Vice President of [...]

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