REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Gemin X Pharmaceuticals, a clinical stage biopharmaceutical company developing novel, targeted cancer therapeutics, completed its $8m Series E round of financing. The round was led by Caxton Advantage Life Sciences Fund, L.P. and Sanderling Venture Partners, with participation from all of the company’s preferred stockholders. The company in April 2010 raised $16m in Series D […]
Sensear, a global developer and manufacturer of communication devices that protect people in noisy environments, has completed an AUD$7.1m private funding round with existing shareholders. The round was led by Sydney-based private investment firm Exto Partners. The capital infusion will be used to strengthen global sales growth and to enhance the company’s technology and product […]
RealPractice, Inc., a Santa Ana, CA-based provider of legal technology products and services, has closed a round of funding of undisclosed amount. The round includes participation from original angel investors, former employees and lead investors, Rustic Canyon Partners and Miramar Venture Partners. As also stated by Carey Ransom, RealPractice CEO, this additional financing will allow […]
Zulily, a Seattle, WA-based operator of a private-sale shopping site for babies, kids, and maternity, has received $6m in Series B funding. The round was led by August Capital, with participation from existing investor Maveron LLC. This latest round brings the total funds raised to date by Zulily to $10.6 million. The company had closed […]
WeShop, a New York-based start-up that enables consumers to receive better pricing and terms from retailers and brands, and share information about the and services they buy, has completed a $4.25m Series A round of funding. The funding was provided by a syndicate of investors including: – Jonathan Miller, Chairman and CEO, Digital Media Group […]
TM3 Software GmbH, a Regensburg, Germany-based company that has developed an innovative system for controlling and optimising in real-time all the business processes involved in merchandise management and warehousing logistics, has raised €500k in funding from High-Tech Gründerfonds and Bayern Kapital. TM3 provides small and medium-sized trading and logistics companies with an innovative merchandise management […]
Language Stars, LLC, a Chicago, Il-based provider of language instruction to the pre-school and elementary school market, has received an investment of undisclosed amount from middle-market private equity Hispania Capital Partners. Founded in 1998 by CEO Leslie Lancry, Language Stars delivers full immersion programs in Spanish, French, Mandarin Chinese, German and Italian. The company currently […]
Sangon Biotech, a Shanghai-based life science research service company and subsidiary of of Toronto, CA-based Bio Basic Inc., completed a $10m round of funding from Qiming Ventures. The company is using the funding to scale research & development, marketing and sales of its life science research tools including biochemical reagents, protein, antibody, research kit, DNA […]
BoxTone, Inc., a Columbia, MD-based provider of proactive Mobile Service Management (MSM) software solutions, completed a $7.5m series B funding round with Lazard Technology Partners. This capital infusion will enable the company to accelerate development activities for its enterprise mobility management suite and corporate expansion. BoxTone’s MSM solution enables enterprises, government agencies and Managed Service […]
Bright Automotive, an Anderson, Indiana-based hybrid vehicle manufacturing and services company, has received a strategic investment from General Motors Ventures LLC. The funding will help accelerate Bright’s production of the IDEA, an innovative plug-in hybrid commercial vehicle, which operates in electric mode for 40 miles before switching to an estimated 36-mpg hybrid mode for 100+ […]
Chequed.com, Inc., a Saratoga Springs, NY-based developer of a predictive employee performance technology, has closed a financing round of undisclosed amount. The investment was led by Martin Babinec, Founder of TriNet Group, Inc. and current Chairman of Upstate Venture Connect, Inc., with particpation from a combination of current and new angel investors. The funding will […]
Axcient Inc., a Mountain View, CA-based provider of comprehensive data backup, business continuity and disaster recovery services for Managed Service Providers (MSPs) and their Small and Mid-Sized Business (SMB) customers, has completed its $9m Series B funding. The round was led by Thomvest Ventures, with participation from existing investors Allegis Capital and Peninsula Ventures. The […]
Provade, Inc., a San Mateo, CA-based provider of Vendor Management System (VMS) technology for workforce spend management, has closed a $3m round of venture funding. The round was led by Asset Management Company, with participation from Altos Ventures and new investor Harbor Pacific Capital. This funding, which bring the total amount raised by the company […]
YouSendIt, Inc., a Campbell, CA-based digital file delivery company that allows users including professionals, businesses and government agencies, to transfer files too large to send via e-mail, has raised a $15m Series D round of venture capital financing. The investment was led by new backer Adams Street Partners, with participation from existing VC partners Emergence […]
eXelate, a New York-based operator of an open marketplace for audience targeting data and provider of data management tools for publishers, closed a $15m second round of funding. The investment was led by Menlo Ventures, with participation from Carmel Ventures, who led the company’s $4 million “A” funding. In conjunction with the round, Menlo Ventures […]