REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Venture capital firm GRP Partners has closed its fourth fund, at $200m. The firm, which focuses on early stage investments (Seed & Series A) also rebranded as Upfront Ventures and relocated to Santa Monica. In a post on his blog “Both Side of the Table”, Mark Suster expained these decisions. In his opinion, the name […]
Revel Systems, a San Francisco, CA-based provider of iPad point-of-sale (POS) systems, raised $10.1m in capital. Backers included two private investors based in Asia-Pacific: – Tim Tighe, former CEO of Hungry Jack’s (Australia’s Burger King master franchisee) and senior vice president of McDonald’s Southeast Asia, has invested and will join the company’s Advisory Board. – […]
GainSpan Corporation, a San Jose, CA-based provider of solutions for ultra-low power Wi-Fi connectivity for the Internet of Things (IoT), closed a $19m funding. Backers included new strategic investors Zebra Technologies Corporation and Oplink Communications, Inc. and existing investors Opus Capital, Intel Capital, New Venture Partners, Sigma Partners, Camp Ventures and Hatteras Funds. The company […]
Lifecom, Inc., a Portland, Oregon-based provider of clinical decision support solutions, completed over $1m in Series A financing. Portland area angel investors led the round. The company intends to use the funds to accelerate investments in sales and marketing, product development and engineering. Led by CEO and Founder Dr. Steve Datena, Lifecom leveraged its Adaptive […]
Storefront, a San Francisco, CA-based online marketplace for short-term retail spaces, secured $1.6m in seed funding. Backers included Mohr Davidow Ventures, Great Oaks VC, 500 Startups, David Tisch’s Box Group, Sand Hill Angels, and other angels. The intends to use the capital to expand to new markets, the first being New York City. Led by […]
evocatal GmbH, a Düsseldorf, Germany-based enzyme specialist, closed a €3.5m Series B funding round. Backers included existing investors Roland Oetker, High-Tech Gründerfonds (HTGF), Sirius Seedfonds Düsseldorf (SSFD) and business angel Prof. Riesner and new investors Nrw.Bank and Lanxess. The company intends to use the funds to extend its technology platform as well as its product portfolio. […]
Reach Health, Inc., an Alpharetta, GA-based provider of telemedicine software solutions, raised $7.4m in funding. Equity investors Buckhead Investment Partners, Council Capital and C&B Capital participated in a $4.4m financing. In addition, Reach Health secured up to an additional $3m in debt from Silicon Valley Bank. The company intends to use the capital to expand […]
Chupamobile, a marketplace for buying and selling app source code, raised $400k in new funding. Backers included Boston-based investor Semyon Dukach and other US and European angel investors. A substantial portion of the funds were raised by via SiamoSoci, an italian network that connects investors and startups (read here). The company intends to use the funds to […]
Leevia, a crowdfunding platform for companies to support charity projects, won InnovActionLab 2013, a learning by doing startup initiative ideated by Italian entrepreneur and vc Augusto Coppola (on stage in the photo). More than 900 people (among them 100 investors and 40 vc funds) participated in the final, which took place yesterday at Palazzo dei […]
Middle Peak Medical, a Palo Alto, CA-based development-stage medical device company that will commercialize a novel technology for treating mitral valve disease, raised $8.5m in Series A financing. The round was co-led by Wellington Partners and Seventure Partners, with participation from High-Tech Gründerfonds. The company intends to use the funds for further development of its […]
Introhive, a Fredericton, Canada-based provider of a relationship capital platform, raised $1.5m in funding from Build Ventures. This new financing adds to the previously raised A round of $1.8m and earlier seed funding from Growthworks Atlantic, NBIF, Fortify Ventures and CIT GAP. The company intends to use the funds to accelerate sales team growth, new […]
Click Quote Save, a Fort Lauderdale-based online client acquisition company, raised $500K in the first tranche of a $1.5m seed funding. The backers were not disclosed. Anyways, a written note says that the board of the company includes: – William Nobrega (Managing Partner of The Conrad Group) – Terry White (Managing Partner of Volante Capital), […]
My1login, a Glasgow, UK-based provider of a cloud-based password manager, completed a $1.1m second funding round. Backers included the Scottish Investment Bank, the investment arm of Scottish Enterprise, which has matched the angel investment of TRI Capital and Equity Gap. A number of individual business angels also invested. This latest funding follows a $500K round […]
A new investment firm is launching in Milan. Founded in 2012 by Giorgio Di Stefano, Key Capital will use resources raised via its own network to make four seed investments in and provide business support to digital and mobile startups focusing on the retail sector and B2B companies. Key Capital will leverage the management experience […]
Heptares Therapeutics, a Welwyn Garden City-based drug discovery and development company, raised over $21m in a Series B financing. The round was co-led by the Stanley Family Foundation and existing investor Clarus Ventures, with participation from Takeda Ventures. The company intends to use the funds to advance a clinical pipeline of novel drugs directed towards clinically […]