REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Watertronix Ltd, a UK-based developer of a new method for treating swimming pool water, raised £150k in funding. The backer was venture capital fund manager Mercia Fund Management (MFM), via its Mercia Growth Fund 1. The company intends to use the capital to roll out its system across public pools in the UK and the […]
Enevo Ltd, an Espoo, Finland-based developer of waste management logistics optimization systems based on wireless sensors and data analytics, completed a €2m funding round. Backers included Finnish Industry Investment and Lifeline Ventures. The company intends to use the funds to start worldwide deliveries. Led by Fredrik Kekäläinen, Chief Executive Officer and Co-founder, Enevo provides waste […]
M-Files Corporation, a Dallas, TX-based provider of enterprise content management (ECM) solutions, closed a €6m round of Series A funding. The investment was led by DFJ Esprit, with participation from Finnish Industry Investment. In conjunction with the funding, technology veterans Jim Geary and Bob Suh, and DFJ Esprit’s Mikko Suonenlahti joined M-Files’ Board of Directors. […]
Placester, a Cambridge, MA-based real-estate web publishing company, raised $2.5m in seed financing. The round was led by Romulus Capital, with participation from John Landry, Jennifer Lum, and David Cohen and other 15 backers. Co-founded by CEO Matt Barba and CTO Fred Townes, Placester provides agents, brokers, and owners with a suite of software applications […]
Compositence GmbH, a Leonberg near Stuttgart, Germany-based provider of solutions for serial production using carbon and glass fibers, raised an undisclosed amount of equity financing. The round was led by Zukunftsfonds Heilbronn, with participation from Mittelständische Beteiligungsgesellschaft Baden-Württemberg (MGB) and High-Tech Gründerfonds. Co-founded in 2008 by Ingo Karb and Volker Witzel, Compositence has developed a […]
Madison Color, a San Francisco, CA-based company that is developing innovative technology and products for the home hair care market, closed a $4m Series A funding. The round was led by True Ventures, with participation from Maveron LLC and angel investors. In conjunction with the funding, True Ventures partner Jon Callaghan joined the company’s board […]
Radius Health, Inc., a Cambridge, MA-based biopharmaceutical company focused on developing new therapeutics for the treatment of osteoporosis and other women’s health conditions, completed a $43m equity financing. The round was led by F2 Biosciences III, L.P., with participation from existing investors Biotech Growth N.V., MPM Capital, Brookside Capital, MPM Bio IV NVS Strategic Fund and […]
Rocketmiles, a Chicago, IL-based a hotel booking site, raised $2m in convertible note financing. The round was led by Atlas Venture, with participation from Link Ventures, and Peterson Ventures as well as other angel investors in the travel and loyalty industry. The company intends to use the capital to expand its marketing and customer acquisition efforts […]
RainDance Technologies, Inc., a Lexington, Massachusetts-based digital biology company, today closed a $20m Series E financing. Backers included all existing investors Mohr Davidow Ventures, Quaker BioVentures, Alloy Ventures, Acadia Woods Partners, and Sectoral Asset Management, as well as new strategic equity investor Myriad Genetics, Inc. (Nasdaq: MYGN). The company intends to use the capital to […]
KelDoc, a Paris, France-based provider of a solution to book doctor and dentist appointments online, raised €700K in funding. Backers included Alven Capital and unnamed angel investors. The company intends to use the capital to expand its sales efforts and accvelerate the development of the platform to integrate it with existing systems. Co-founded by Eduardo […]
According to the Wall Street Journal’s blog (read here), Open English, a Miami, Florida-based online language school, raised $65m in Series D funding. According to the report, Technology Crossover Ventures led the round at a valuation just below $350m. The company intends to use the proceeds to continue to grow. Founded in 2006 by CEO Andrés […]
Acorio, a Boston, MA-based provider of ServiceNow planning, implementation, integration, and optimization services for Fortune 2000 companies, raised a Series A round of venture funding from Momentum Equity Partners. The amount of the transaction was not disclosed. Acorio intends to use the capital to hire sales and delivery staff and invest in its proprietary POWERBooster™ […]
According to TNW (read here), Strikingly, a San Francisco, CA-based company that provides a Web site develpment platform, raised $1.5m in seed funding. Backers included Index Ventures, Infinity Venture Partners, Funders Club, SV Angel, Y Combinator, Innovation Works, TEEC Angel Fund, ZenShin Capital, Kevin Hale, and other unnamed angels. The company intends to use the […]
crowdmii (Crowd Made in Israel) has just launched a crowdfunding platform focused on Israeli startups. Led by Yuval Martin , CEO, Yair Philip , an entrepreneur in energy, infrastructure and real estate, and Chagai Stern, founder of Olimi, crowdmii aims to provide startups developing innovative ideas with a global stage. The platform is seeking to […]
Opsona Therapeutics, a Dublin, Ireland-based developer of new treatments for inflammatory diseases, raised €33m (US$43m) in Series C financing. The round was led by BB Biotech Ventures and Novartis Venture Fund, with participation from new investors Sunstone Capital, Baxter Ventures, Amgen Ventures and EMBL Ventures as well as existing investors Fountain Healthcare Partners, Roche Venture […]