REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Placecast, a San Francisco and New York-based developer of a location-based platform designed to use digital marketing on mobile to drive consumers into physical environments, raised an additional $3m in Series B funding. Investors include existing backers Quatrex Capital, ONSET Ventures and Voyager Capital. The capital infusion will enable the company to expand and rollout […]
On Deck Capital, a New York, NY-based provider of small business financing solutions, received a $35m investment “from a large New York-based investment group”. This addition brings the company’s lending system capacity to over $100m. Launched in 2006, On Deck Capital’s system evaluates businesses based on electronically aggregated banking, accounting and customer data, and uses […]
Minicom Digital Signage (MDS), a Jerusalem, Israel-based vendor of media distribution solutions for the Digital Signage and Digital out of Home (DooH) marketplace, raised $6m to finance its operations independently. The company is a spin out from Minicom Advanced Systems, a developer and provider of KVM remote access, extension and management solutions designed to expedite […]
Ley Rubber Ltd, a Liverpool, UK-based manufacturer and importer of rubber products, hoses and corks for automotive, pharmaceutical and industrial sectors, received a £100,000 Grant for Business Investment (GBI), from the Northwest Regional Development Agency (NWDA). Having identified significant deficiencies in the factory environment and recognising the need to relocate to a more modern premise, […]
AccuStrata Inc., a College Park, Md.-based company developing intelligent, real-time optical control systems that improve the manufacturing yield and efficiency of thin-film solar panels, has been awarded a $70,000, phase-one Small Business Innovation Research (SBIR) grant from the Environmental Protection Agency. AccuStrata, which is based in the Maryland Technology Enterprise Institute’s Technology Advancement Program incubator, […]
Allocade, Inc., a Menlo Park, CA-based developer of innovative healthcare software solutions, has closed a $5m round of venture capital financing. The round was led by VantagePoint Venture Partners. The financing will enable Allocade to expand its sales and marketing efforts, as well as our research and development to meet the increased demand for the […]
Brooks Provisions, LLC, a Philadelphia, Pennsylvania-based wholesale food distributor, has received additional funding from one of its investors, Hancock Capital Management LLC. The funding will enhance the company’s liquidity position. According to Mr. Lance Wimmer, CEO at Brooks Provisions, “this investment, along with the implementation of a comprehensive operational and financial restructuring plan, will help […]
BabyAge.com, Inc., a Wilkes-Barre, Pennsylvania-based online retailer of infant, toddler and juvenile products, has raised approximately $15m in a funding round led by Alumni Capital Network, with participation from Brook Venture Partners. The company will use the funds execute its growth plans, by expanding the business base in North East Pennsylvania, as well as hiring […]
Humedics GmbH, a Grossbeeren, Germany-based company which commercializes an innovative method for instantaneous measurement of liver function at the patient’s bedside, has received a €500,000 investment from High-Tech Gründerfonds. The newly formed company, a spin-off from Freie Universität Berlin and the Charité university hospital, will use the funds to begin development of production devices and […]
Smartree Romania SRL, a Bucharest, Romania-based human resources outsourcing company, has revieved a €3m majority investment from Enterprise Venture Fund I (EVF), the venture capital fund managed by Enterprise Investors (EI). The deal allows EVF to take a 56% stakein the company. The capital infusion will enable Smartree, which currently provides HR outsourcing services such […]
MMC Ventures, a London, UK-based venture capital firm, has launched a new fund specifically tailored to give individuals between the ages of 18-35 the opportunity to invest in fast growing UK companies. The Growth Generation Fund aims to invest in at least four early stage companies within 12 to 18 months and managed by talented […]
Erply, a Tallin, Estonia-based business software startup (incorporated in the UK), has closed a $2m funding round. Investors include Redpoint, Index Ventures and prominent entrepreneurs and angel investors Marten Mickos (former CEO of MySQL), Kenny van Zant (SVP & Chief Product Strategist at SolarWinds), Zack Urlocker (former EVP Products at MySQL), Aydin Senkut, Dave McClure […]
C$ cMoney, Inc., a Houston, Texas-based new mobile technology company, has received $15m in funding from Kodiak Capital Group, LLC of New York City. The investment is expected to support the expansion of the company as well as the launch this summer of C$ cMoney, an innovative mobile payment platform through cell phones and text […]
humangrid GmbH, a Dortmund, Germany-based service provider which utilises the know-how of qualified internet users to execute business processes, has raised about €3m from both existing and new investors. Backers include SeedCapital Dortmund, Prof. Dr. Conen, High-Tech Gründerfonds, the ERP start-up fund of the KfW bank group, Klaus, Ina and Ferry Wecken. The capital infusion […]
Novalung GmbH, a Talheim, Germany-based medical device company focused on innovative therapies for lung failure, has completed an undisclosed funding round. The investment was led by Zukunftsfonds Heilbronn GmbH & Co.KG (“Future Fund of Heilbronn”, zfhn), with participation from LBank, the state bank of Baden-Wurttemberg. The additional funds will allow the company to accelerate the […]