October 2011

MOGO Design Closes $400K Series A Funding

October 30, 2011
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MOGO Design, Inc., a a Seattle, WA-based company that creates, markets and distributes patented magnetic accessories, footwear and charms for tween and teen girls, has closed a $400k Series A venture capital funding. Backers include Omshreembrazee Holdings LLC and RJR Family Enterprises LLC. The company intends to use the funds to further expand brand awareness, [...]

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BrandWatch Technologies Raises $3.3M in Funding

October 30, 2011

BrandWatch Technologies, a Portland, Oregon-based provider of brand security and product authentication solutions, has raised $3.3m in funding. Backers include both new and existing investors, who remained undisclosed. The company intends to use the funds to expand sales into new markets and support new product development. Established in 2001, and led by CEO Phil Huff, [...]

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EVEVE Completes Angel Funding

October 30, 2011

EVEVE, a Edinburgh, UK-based based provider of a cloud restaurant online reservation system, has completed an angel funding round of undisclosed amount. Investors remained undisclosed. The company intends to use the funds to expand into the U.S. after its successful entry in Minneapolis, MN, where it has opened its U.S. headquarters. It will be led by Timothy [...]

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Axerion Therapeutics Receives $400K Follow-on Investment from Connecticut Innovations

October 29, 2011

Axerion Therapeutics Inc., a New Haven, Connecticut-based biotechnology company that is developing innovative approaches to the treatment of neurological injuries and diseases, recently received a $400,000 follow-on investment from Connecticut Innovations‘ Eli Whitney Fund. Axerion will use the funds to continue to develop treatments in spinal cord injury and Alzheimer’s disease. Co-founded in 2009 by [...]

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Veryan Medical Raises £5M in Funding

October 29, 2011

Veryan Medical, a Horsham, UK-based developer innovative solutions for vascular disease using the principles of biomimicry*, has raised £5m in funding. The round was led by Imperial Innovations Group plc (AIM: IVO), which holds a 48.4% stake in the company, and Seroba Kernel Life Sciences, with participation from Veryan Chairman Dr. Geoffrey Vernon. The investment [...]

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Opus Bank Raises Additional $100M of Equity Capital

October 29, 2011
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Opus Bank, Irvine, CA, is an FDIC-insured California-chartered commercial bank, raised an additional $100m of new equity capital. Backers include existing investors Stephen H. Gordon, Opus Bank’s founding Chairman & CEO, as well as funds affiliated with Elliott Management Corporation, Fortress Investment Group LLC, and Starwood Capital Group. The bank intends to use the capital [...]

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Codecademy Raises Series A funding

October 28, 2011

Codecademy, a San Francisco, CA-based website where users can learn how to become programmers, has raised a Series A funding round. Backers include Union Square Ventures, O’Reilly, SV Angel, Yuri Milner, Social+Capital Partnership (Chamath Palihapitiya), Thrive Capital, CrunchFund, Collaborative Fund (Craig Shapiro), Founder Collective (Chris Dixon), Joshua Schacter, Vivi Nevo, Naval Ravikant, Sam Altman, etc. [...]

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Shoefitr Receives $1.2M in Funding

October 28, 2011

Shoefitr, a Pittsburgh, PA-based early-stage technology company that provides a shoe fitting application, has received $1.2m in funding. Backers include Vital Financial LLC, which committed $500k, BlueTree Allied Angels and Innovation Works. The company intends to use the funds to accelerate its growth path. Led by CEO Matt Wilkinson, Shoefitr uses 3D scanning technology to [...]

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Hangar Seven Raises £1M from Catapult Venture Managers

October 28, 2011

Hangar Seven, a Macclesfield, UK-based creative production business, has raised £1m in funding from Catapult Venture Managers. The company intends to use the funds to further develop its facilities and expand its services. Founded by Jeremy Middleton, Nick Aldrich, and Andy Rosson, Hangar Seven provides its clients with photography, design and artwork for catalogues and brochures, [...]

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High-Tech Gründerfonds Launches Second Fund

October 28, 2011

High-Tech Gründerfonds II has launched with a volume of €288.5m. The German government is the main investor with €220m, followed by KfW with €40m, and twelve companies including Altana, BASF, Bosch, B. Braun Melsungen, Carl Zeiss, CeWe, Daimler, Deutsche Post DHL, Deutsche Telekom, Qiagen, RWE Innogy, and Tengelmann. Following the investment strategy of the first fund [...]

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