USA

Lazarus Effect, a Campbell, Calif.-based medical device company focused on the development of novel interventional devices to facilitate removal of blood clots, closed a $5m financing. The proceeds will support EU commercialization of several approved devices, as well as regulatory filings for the Lazarus ReCover™ and Lazarus Cover™ in the United States. Led by Martin […]

USA

ViralGains, a Boston, MA-based provider of a video ad platform, raised $2.8m of a $3.3m round of funding. The round was led by Hub Angels, with participation from 45 investors, including 500 Startups’ Dave McClure, Pallasite Ventures, Launch Capital and Boston-based angels Ty Danco, Joe Caruso, Jay Batson, Semyon Dukach and rapper Nasir “Nas” Jones. […]

USA

TruMarx Data Partners, Inc., a Chicago, IL-based provides technology solutions for today’s energy market challenges, closed another round of convertible debt funding. The round, of undisclosed amount, was led by existing investor Harvard Business School Alumni Angels with participation from new investors Bob Green (former CEO of Aquila and active energy-related PE investor), Tom Price […]

USA

KnowledgeVision Systems, a near Boston, MA-based provider of online multimedia presentation technology, closed an additional nearly $1.2m in Series A-2 financing. The names of the backers were not disclosed. The company intends to use the funds to further accelerate penetration into financial services, healthcare, technology, and education markets and launch a series of new enterprise […]

USA

Roll-2-Roll Technologies, a Stillwater, OK-based developer of technology that enhances manufacturing from rolled materials such as diapers, received $520k in funding. Backers included Oklahoma Seed Capital Fund and SeedStep Angels, both of which are managed by i2E, Cowboy Technologies and the co-founders of Roll-2-Roll. The company intends to use the funds for product testing with […]

Italy

IBM (NYSE: IBM) acquired CrossIdeas, a Rome, Italy-based provider of security software. The financial terms of the deal were not disclosed. Founded in 2011 and led by Alberto Ocello, Chief Executive Officer, Crossideas provides security software that governs user access to applications and data across on-premise and cloud environments. As part of IBM’s Identity and […]

USA

Efficient Drivetrains, Inc. (EDI), a San Jose, CA-based provider of advanced, high-efficiency Hybrid and Electric drivetrain solutions, closed $3.5m in Series A funding. The round was led by Jinyuan Development Company, with participation from Silicon Valley China Venture Partners and the Shanghai Gui Guo Assets Management Partnership. The company intends to use the funds to […]

USA

Vakast, a Newport Beach, California-based online travel agency for vacation rentals, closed a $1.3m seed funding. The round was led by Blackstone Group senior managing director Chinh Chu and Ken Pansuria, a founder of the Fine Hospitality Group, LLC, with participation from Nicky Nguyen, founder of NJ Enterprises Inc. The company intends to use the […]

USA

Pinterest, a San Francisco, CA-based platform to discover ideas for projects and interests, acquired Icebergs, a Barcelona, Spain-based visual organization startup. The financial terms of the transaction were not disclosed. Icebergs’ team, led by César Isern, Co-founder, CEO, Albert Pereta, Co-founder, Creative Director, and Jaume Casado, CTO, will join the Pinterest headquarters in San Francisco […]

USA

Moogsoft, a San Francisco, CA-based provider of a collaborative situation management solution for web-scale IT operations, closed an $11.3m Series B funding round. The round was led by new investor Wing Venture Capital with participation from existing investors Redpoint Ventures. In conjunction with the funding, Peter Wagner, founding partner of Wing Venture Capital, joined Moogsoft’s board. […]

Germany

GetYourGuide, a Berlin, Germany-based online platform for tours and activities, closed a $25m Series B round of funding. Backers included Spark Capital and Highland Capital Partners Europe, which both led the 2013 Series A funding round (read here). The company intends to use the funds to further accelerate growth into new markets, as well as […]

USA

PagerDuty, a San Francisco, CA-based provider of an operations performance management platform, completed a $27.2m Series B funding. The round was led by Bessemer Venture Partners, with participation from previous investors Andreessen Horowitz, Baseline Ventures, and Harrison Metal. In conjunction with the funding, Trevor Oelschig, a partner at Bessemer Venture Partners, will join PagerDuty’s board of […]

USA

The Orange Chef Co., a San Francisco, CA-based company that creates smart products for the kitchen, raised a funding round of undisclosed amount. Melo7 Tech Partners, LLC, the technology investment and development vehicle created by basketball legend Carmelo Anthony, and Stuart Goldfarb is investing in the company. FOllowing the investment, Both Anthony and Goldfarb, will become […]

China

Qualcomm Incorporated (NASDAQ: QCOM), a world leader in 3G, 4G and next-generation wireless technologies, has made a commitment to invest up to $150m in Chinese startup companies across all stages. Qualcomm will invest in Chinese companies that further the development of mobile technologies in the following areas: – Internet; – e-commerce; – semi-conductor; – education […]