June 2011

AEGEA Medical Closes $13.3M Venture Capital Financing

June 30, 2011

AEGEA Medical Inc., a Redwood City, Ca.-based developer of a novel, minimally invasive treatment for abnormal uterine bleeding, has completed a $13.3m venture capital financing. The round was led by Covidien Ventures, with participation from existing investors Alloy Ventures and Delphi Ventures. The company plans to use the funds to complete its product development efforts [...]

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Lotus Tissue Repair Closes $26M Series A Financing

June 30, 2011

Lotus Tissue Repair, a Cambridge, MA-based developer of recombinant collagen type VII (rC7) technology as a treatment for dermatologic conditions, closed a $26m Series A financing. The round was led by Third Rock Ventures. The company intends to use the proceeds to advance its proprietary recombinant collagen type VII (rC7) technology as a protein replacement [...]

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DVTelReceives $12.5M Debt Financing from ORIX Venture Finance

June 30, 2011

DVTel, Inc., a Ridgefield Park, N.J.-based provider of Smart Security Solutions for video surveillance, has received a $12.5m customized debt financing from ORIX Venture Finance. The company intends to use the funds to refinance debt and expand its growth efforts. DVTel’s software solutions are deisgned to enable enterprise clients to leverage their existing network infrastructure [...]

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Turpitude Closes $1M Series A Funding

June 30, 2011

Turpitude, Inc., a Walnut Creek, CA-based independent online, mobile and social game company, closed a $1m Series A funding round. Investors included The Band of Angels, The Angels Forum, Golden Seeds, and Sand Hill Angels. The company plans to use the funds to launch new products and build a network of games across online, mobile [...]

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Graymatics Receives Investment from Citrix Startup Accelerator

June 30, 2011

Graymatics, a Santa Clara, CA-based company that is developing a cloud platform for content-based analysis of video and other digital media, has received an investment of undisclosed amount from Citrix Startup Accelerator. The company plans to use the funding to accelerate commercialization of its services. Still in stealth mode, Graymatics provides a richly featured Platform [...]

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Utel Raises €2.8M in Funding

June 30, 2011

Utel SAS, a Paris, France-based a creator of mobile casual dating apps, has raised €2.8m in funding. Investors include Truffle Capital and SoLoMoCo. Led by CEO Nicolas Grumbach, UTEL has developed social networking mobile applications that focus on people meeting each other, including the encounter service Fotochat. The investment will help the company develop new [...]

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eyeOS Raises €1M in Series A Funding

June 30, 2011

eyeOS, a Barcelona, Spain-based open source web operating system, has raised €1m in Series A funding. Backers include Inveready, which commtted €400k via Inveready Seed Capital and Inveready First Capital I, as well as individuals from the ESADE Business Angels Network, which invested €600k. The company plans to use the new capital to continue to [...]

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GAMEVIL to invest $10M in Game Developers

June 30, 2011

GAMEVIL, a Seoul, Korea- and Los Angeles, CA-based mobile game publisher and developer, will invest $10m to create partnerships with external developers. To this end, the company, which plans to strengthen the global reach ot its smartphone game titles, has created the internally-sourced GAMEVIL Partner Fund. As part of the initiative, GAMEVIL has recently acquired [...]

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Neul Raises $12.8M in Funding

June 30, 2011

Neul, a Cambridge, UK-based company that develops wireless network technology to enable the use of TV “white space” spectrum, has raised $12.8m (approximately £8.0m) in funding. The round was led by DFJ Esprit, with participation from IQ Capital, Cambridge Angels, as well as the company’s founders and employees. The company intends to use the proceeds [...]

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BlackRock BioCapital Launches

June 30, 2011

The founders of Noble Life Sciences, a Gaithersburg, Maryland-based preclinical research services company, have launched a new investment capital fund. BlackRock BioCapital will focus on creating and funding early stage technology-oriented biomedical companies developing novel therapeutic and diagnostic products. Leveraging the management and R&D infrastructure at Noble Life Sciences, the fund expects to make its [...]

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