fundingStart UpUSAventure capital, a San Francisco, CA-based startup that is developing a new mobile search app, has raised an additional $3.5m financing. The round was led by Hong Kong-based Horizons Ventures. This funding brings the total amount rasied by the company to $12.5m. Previous investors include Draper Fisher Jurvetson, BRM Group and DFJTFV. Launched in May 2010 […]

fundingUSAventure capital

HIT Application Solutions, an Exton, Pennsylvania-based healthcare technology development company, has raised $2.75m in Series A funding. Backers were not disclosed. The company intends to use the funding to expand the services and features of its flagship product Notifi®, which incorporates an intelligent engine that automates and streamlines healthcare communications. HIT also plans to grow […]

Canadafundingventure capital

Smart Energy Instruments (SEI), a Toronto, Canada-based developer of low-cost energy sensors that form the framework of a smart grid, has received an equity funding of undisclosed amount. The investment was made by the newly launched MaRS Cleantech Fund LP (read here). Incorporated in 2004, SEI applies its expertise and IP in power systems, digital signal processing, […]

Canadafundingventure capital

GreenMantra, a Toronto, ON, Canada-based company that has developed a proprietary technology platform to convert plastics into chemicals and other fuels, has received an equity funding of undisclosed amount. The investment was made by the newly launched MaRS Cleantech Fund LP (read here). Led by President & CEO, Pushkar Kumar, and Vice President of Operations Brandon […]

fundingUSAventure capital

Genalyte, Inc., a San Diego, CA-based life sciences company developing and commercializing innovative next-generation multiplexing technology, has completed an $11.8m Series B financing. Backers include new investors Redmile Group and Claremont Creek Ventures, among others. The company intends to use the new funds for commercialization of its Maverick™ platform and its highly multiplexed panels for […]


Optaros Inc., a Boston, MA-based open source software consulting and integration company, has received $2.5m in debt financing. The resources were provided by Horizon Technology Finance Corp. The funding will allow the company to grow. Founded in 2004 and led by president and CEO Robert Willms, Optaros delivers digital commerce services that leverage emerging technologies to create […]


BioMarCare, an Israeli developer of diagnostic kits for early cancer detenction has received a $1m strategic investment from Micromedic Ltd. The company intends to use the capital for research and development of its kits. Micromedic, which is traded on the Tel Aviv Stock Exchange, also has an option to invest an additional $1m. A portfolio company of Hadasit […]

fundingGreeceventure capital

Tropical S.A., an Athens, Greece-based developer of distributed power generation products and solutions, has closed its first investment round with an independent private investor. The company intends to use the capital for international expansion and commercial launch of its brand new products. Led by Chairman and CEO George Lagios, Tropical has a product portfolio that consists of a Fuel Cell […]

fundingStart UpUSAventure capital

UR Mobile, an Oklahoma City-based company that provides mobility solutions for enterprises, has received $1m in new funding. The funding, which follows a $2m seed round, will enable the company to continue to scale its operations. Founded in 2008 and led by CEO Tarpley McColl, UR Mobile focuses on providing mobile solutions for organizations across […]

middle market companiesPrivate EquityUncategorizedUSA

Global private equity firm Warburg Pincus has acquired a majority ownership in The Gordian Group, a Mauldin, South Carolina-based construction pricing data and procurement software business servicing the construction industry, from The Wicks Group of Companies. The investment, whose amount remained undisclosed, is designed to help the company accelerate its growth plans. Co-founded by Chairman Harry Mellon […]

fundingStart UpUSAventure capital

Kibits Corp., a Cambridge, Mass.-based company that has just launched its a micro-social networking app for iPhone and iPod touch, has raised $1m in funding.  Backers include Google Ventures, Charles River Ventures, General Catalyst, Commonwealth Capital Ventures, SOSventures, Launch Capital, the CommonAngels Fund and other unnamed angels.  Co-founded by CEO Matt Cutler and CTO Dave Greenstein, […]

fundingStart UpUncategorizedUSAventure capital

LearnZillion, a Washington DC online platform that gives students, teachers and parents access to a video library of 3- to 5-minute, high quality, standards-based math and literacy lessons, has raised $2.4m in Series A funding. Backers include DC Community Ventures, O’Reilly Alpha Tech Ventures, Learn Capital Venture Partners, NewSchools Venture Fund, Citybridge Foundation, ULU Ventures, and […]