REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
GetJar, a San Mateo, CA-based operator of an app store, has closed $11m in Series B funding from Accel Partners. The company provides more than 65,000 mobile applications across all major platforms such as Android, BlackBerry, Windows Mobile, iPhone and Symbian among others, to consumers in more than 200 countries. GetJar will use the new […]
IQ Engines, Inc., a Berkeley, CA-based developer of an image recognition engine that enables retailers, handset manufacturers, wireless carriers, and application developers to build visual search, image labeling, and augmented reality applications for mobile phones, secured $1m in a Series A financing. The company will use the capital to support the public launch of its […]
Extreme Reach, Inc., a Needham, MA-based provider of digital video advertising distribution solutions, has secured $9m in Series B financing. The round, comprised of $7m in equity and $2m in term debt, was led by Village Ventures, with participation from Greycroft Partners and Long River Ventures. All of them invested in the company’s Series A […]
PapayaMobile, a Beijing, China- and Menlo Park, CA-based company that provides users and mobile developers with an open mobile social network and gaming platform, has closed a $4m funding. The round was led by venture capital firm DCM. This infusion will help the company increase its developer community, further develop its social and gaming mobile […]
Nereus Pharmaceuticals, Inc., a San Diego, CA-based company focused on drug discovery and development from marine microbial sources, has raised $20m in financing. The round was led HBM BioVentures, with participation from exisiting investors Forward Ventures, Alta Partners, Advent International, Roche Venture Fund, Gimv, Pacific Venture Group, and Astellas Venture Management. This funding was provided […]
Resonate Networks, a Reston, VA-based online ad technology company that enables advertisers to define rich audience profiles from a combination of over one thousand attitudinal and traditional attributes, closed a $5m Series A financing. The round was led by Greycroft Partners and iNovia Capital. In conjunction with the funding, Ian Sigalow, Partner at Greycroft Partners, […]
VIA Optronics GmbH , a Schwarzenbruck, Germany-based supplier of energy saving LCD displays for products such as handheld devices, laptops, televisions, and industrial devices, has raised €4.4m from clean technology private equity firm WHEB Ventures. WHEB Ventures, which is supported by the European Union through the Competitiveness and Innovation Framework Programme (CIP), has joined existing […]
Witsbits AB, a Gothenburg, Sweden-based provider of cloud computing software solutions, has received an investment from Chalmers Innovation Seed Fund. The capital infusion will enable the company to intensify its sales efforts and increase its supply capacity. Witsbits’ flaghisp product, Go Cloud™, provides Server Hosting Providers and Internet Service Providers with a software suite that […]
Scientific Conservation Inc., a Berkeley, CA-based provider of energy efficiency and system optimization solutions for the commercial building market, has raised $4m from The Westly Group. The financing is part of a Series A round, in which Draper Fisher Jurvetson (DFJ) already invested $5m. This funding will help the company continue to develop its suite […]
Netsmart Technologies, Inc., a Great River, N.Y.-based provider of enterprise software and SaaS solutions for health and human services providers, has received an investment from private equity firm Genstar Capital. Genstar will provide the capital and strategic software and healthcare expertise to help Netsmart enhance its products, which are currently delivered to more than 18,000 […]
Molecular Detection Inc., a Wayne PA-based company developing screening assays designed to increase the speed and accuracy of infectious disease diagnosis, held the first $1.4m close of a new financing. The financing, which was led by MentorTech Ventures II, LP, with paticipation from all existing investors Robin Hood Ventures, Elm Spring Holdings and the Mid-Atlantic […]
Videofy.me, a Stockholm, Sweden-based free video service that allows bloggers to create and monetize their video content, has raised a new funding of undisclosed amount. The funds, which were provided by Almi Invest and Starcom founder Ulf Sandberg, will be used to expand in new markets. Founded in 2009 by Robert Mellberg and Oskar Glauser, […]
Recurve, a San Francisco, CA-based provider of software and services for the home performance industry, has raised $8m in its Series B financing round. New investor Lowe’s Companies, Inc. (NYSE: LOW) joins existing investors RockPort Capital Partners and Shasta Ventures in the financing. The company will use the new capital to meet the growing demand […]
The Neat Company, a Philadelphia, PA-based provider of scanning software and hardware solutions for small and medium-sized companies, has raised $2.75m in funding. The round was led by Edison Venture Fund, with participation from MentorTech Ventures. This latest funding, which brings the total raised to date to $15.5m, will be used to expand sales, marketing […]
Playdom, a Mountain View, Ca-based social gaming company, raised an additional $33m in venture capital financing. Investors include Bessemer Venture Partners, Steamboat Ventures, and New World Ventures. This investment adds to the previous round announced by the company in November 2009 and brings the total raised to date to $76m. Playdom’s titles including Social City, […]