REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
AxioMed Spine Corporation, a Garfield Heights, Ohio-based company focused on the development of products designed to restore function in patients with degenerative spine disease, has raised $14.5m. The funding, from both current and new investors, will be delivered in two tranches. As also stated by Patrick McBrayer, AxioMed’s President and CEO, the proceeds from the […]
RPI, a Seattle, WA-based manufacturer of personalized products, including photo books, invitations, business cards and stationery, for top tier retailers, has closed on a financing round of undisclosed amount with Huntington Capital. The company will use the funds to introduce new services and technologies, such as a managed merchandise program targeting the placement of new […]
Integrated Diagnostics, a Seattle, WA-based company specializing in personalized diagnostics that uses genomic and proteomic techniques to identify and detect organ-specific blood proteins that appear at the earliest stage of disease, has raised a $10m second tranche of its Series A financing. The funds will be used to advance the development, validation and commercialization of […]
Euthymics Bioscience, Inc., a Cambridge, Massachusetts-based clinical-stage company developing innovative antidepressants, completed a Series A financing totalling $24m in milestone-conditioned tranches. The round was led by Novartis Venture Funds and Venture Investors, with participation from Hambrecht & Quist Capital Management, LLC, GBS Venture Partners and the State of Wisconsin Investment Board. The initial Series A […]
Webmedia Group, an Estonian software development company, will receive a €7m investment from Enterprise Investors (EI), a private equity and venture capital management firm focused on Central and Eastern Europe. Following the investment, Enterprise Venture Fund I, the venture fund managed by Enterprise Investors, will take a 36% stake in the company. The capital will […]
Jive Software, a Palo Alto, CA-based provider of Social Business Software, has closed $30m in Series C financing. The investment was led by Kleiner Perkins Caufield and Byers (KPCB), with participation from existing venture partner Sequoia Capital. The capital will be used to accelerate Jive’s technology innovation. In conjunction with the funding, Ted Schlein, Managing […]
Flipboard, a Palo Alto, California-based social magazine, has raised $10.5m in a Series A venture capital round. Investors include Kleiner Perkins Caufield and Byers, Index Ventures, Twitter co-founder Jack Dorsey, Facebook co-founder Dustin Moskovitz, The Chernin Group founded by Peter Chernin, Ron Conway, Alfred Lin, Peter Currie, Quincy Smith, and Ashton Kutcher. Parts of the […]
ThisNext, Inc., a Santa Monica, CA-based company that operates a network of social shopping websites for women, including ThisNext.com, StyleHive.com and MyStyleDiary.com, has raised new funding. Investors include new individual partners Gary Winnick, and Bob Pittman, and existing backers Stan Shuman, Clearstone Venture Partners and Anthem Venture Partners. This funding of undisclosed amount is part […]
Actifio, a Waltham, Mass.-based provider of a Data Management Virtualization (DMV) technology that delivers unified protection, disaster recovery and business continuity, has raised $8m in Series A financing. The round was led by North Bridge Venture Partners and Greylock Partners. The capital infusion will be used to market the company’s patent-pending technology, which is expected […]
Technology Crossover Ventures (TCV), a growth equity firm focused on investing in technology companies, announced that Daniel O’Keefe joined the company has a principal. Mr. O’Keefe, formerly a principal at North Bridge, where he focused on the digital advertising, online marketing, software and analytics markets, including investments in Leapfrog Online and Protolabs, brings more than […]
Interactions Corporation, a Boston, MA-based provider of innovative customer care communications for interactive systems, has raised $6.3m in Series D financing. The round was led by Cross Atlantic Capital Partners, which committed $2.8m, with participation from North Hill Ventures, Sigma Partners and Updata Partners. Cross Atlantic had also led the Series C round, which included […]
Tethys Bioscience, Inc., an Emeryville, California-based cardiometabolic diagnostics company that creates and commercializes biomarker-based blood tests to identify patients at high risk of developing type 2 diabetes, has raised $33m, comprising of venture capital and debt financing. Participants in the $23m venture financing included new investors Greenspring Associates, Inc. (formerly Montagu Newhall Associates, Inc.), Paul […]
Gazelle, a Boston, MA-based “reCommerce” service committed to providing a way for consumers to get cash for selling electronics or to recycle them, announced a $12m series C round of investment. The round is led by Physic Ventures, with participation from existing investors Venrock Associates and RockPort Capital. The new funds will allow the company […]
Trada, a Boulder, Colo.-based developer of a paid search marketplace, has closed a $5.75m Series C financing. The round was led by Google Ventures, with participation from original investor Foundry Group, which led a $2.2m financing earlier this year. Launched in March, Trada’s crowdsourced paid search marketplace allows businesses and advertising agencies spending between $5,000 […]
Cara Therapeutics, Inc., a Shelton, CT-based biotechnology company focused on developing novel therapeutics to treat pain and inflammation associated with diverse medical conditions, closed on a $15m Series D financing. The round was led by new investor, Rho Ventures, with participation from existing investors Alta Biopharma, Ascent Biomedical Ventures, CT Innovations, Devon Park BioVentures, Healthcare […]