REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
StatusNet Inc., the developer of the open source microblogging server StatusNet™, has raised an additional investment led by New York-based FirstMark Capital. BOLDstart Ventures, iNovia Capital and Montreal Start Up participated in the funding, as well. The round brings the total amount raised by the company to date to $2.3m. In conjunction with the funding, […]
MobileIron, a Mountain View, CA-based provider of multi-OS smartphone management solutions, closed its $16m Series C financing round. The investment was led by Foundation Capital, which joined existing investors Norwest Venture Partners, Sequoia Capital and Storm Ventures. The funding will support MobileIron’s ongoing business expansion and investment in innovation. The company’s Virtual Smartphone Platform lets […]
Accedian Networks, a Montreal, Canada-based provider of High Performance Service Assurance solutions for Carrier Ethernet and IP networks—announces has secured $19.5m in a financing round led by Summit Partners. Rho Ventures and Skypoint Capital, existing investors in the company, participated in the round as well. The funds raised will primarily be used to accelerate Accedian’s […]
UltiZen Games Ltd., a China-based game development and outsourcing company, has raised $8.0m in Series C funding round. The investment was led by from JAFCO Asia, with participation from Hotung Investment Holdings Ltd., and Tokio Marine Investment Services. They joined existing investors Dragonvest Partners, PacLink and CA-JAIC. The new funds will be used to expand […]
Xactly Corporation, a San Jose, CA-based provider of on-demand sales performance management (SPM) solutions, has secured $12m in financing. The round was led by Bridgescale Partners, with participation from existing investors Alloy Ventures, Bay Partners, Cheyenne Partners, Glynn Capital Management, Outlook Ventures, and Rembrandt Ventures, as well as new strategic investor salesforce.com. The funds will […]
Profitably, a New York-based web application that provides an intuitive view into your small business data along with tools to drive growth and manage profitability, has closed a $300k seed round of financing. The round was led by North Bridge Venture Partners, with participation from David Tisch and other NY-based angel investors. The funds will […]
Cardioxyl Pharmaceuticals, Inc., a Chapel Hill, NC-based clinical-stage pharmaceutical company developing novel therapeutic agents for the treatment of cardiovascular disease, has raised $15 million in funding. Investors include existing backers Aurora Funds and New Enterprise Associates (NEA). With this additional funding, Cardioxyl will execute on a Phase IIa trial for its lead drug candidate, CXL-1020, […]
Wireless MedCARE, LLC, a Roanoke, VA-based developer of a product platform of wireless, sensor and information services technology to long term care facilities, has raised an additional $180,500. The funds will be used to complete development of the company’s first product, VivaTRAK™ Activity Monitoring system, a complete platform that uses wireless and sensor technology to […]
2080 Media, Inc., an Atlanta, GA-based digital media company that operates as PlayON! Sports and specializes in the production, distribution, and monetization of video content in the high school category sports, completed a $2.8m Series B round of financing. New investor Hamilton Ventures joined the round with existing investors Buckhead Investment Partners (BIP Opportunities Fund, […]
WorkFlex Solutions LLC, a Cincinnati, OH-based startup company that has created web-based software for managing call center staffing, has closed a $1.5m venture capital financing round. The investment was led by CincyTech with an initial $250,000 investment. The company’s flagship product, WorkFlex Manager, enables work force administrators to fully automate the intraday staffing process. This […]
Health Market Science, a King of Prussia, PA-based data and analytics provider for the healthcare industry, has raised $6.1m in a Series B financing. Cross Atlantic Capital Partners, which committed $4m, led the round, with follow-on investments from other institutional investors, including Edison Venture Fund. The investment will enable the company to accelerate development of […]
Notonthehighstreet.com, a UK-based online shopping website, completed a £7.5m Series C funding. The round was led by Index Ventures, with participation from Greylock Partners. In conjunction with the round, Ben Holmes, Partner at Index, will join the company’s board. Notonthehighstreet.com offers products such as gifts for birthdays, weddings, anniversaries and events coming from a wide […]
AdMeld, a technology platform that helps publishers maximize their ad revenues, closed a $15m Series C round of funding. The round was led by Norwest Venture Partners (NVP), with participation from Time Warner Investments and existing backers, Spark Capital and Foundry Group. In conjunction with the funding, which brings the total amount raised by the […]
Explorys Inc., a Cleveland, OH-based provider of cloud computing solutions for healthcare data management, analytics, and outcomes measurement, has secured $2.55m Series B financing. The round was led by new investor Santé Ventures, with participation from Cleveland Clinic Innovations. This funding adds to the $1m raised in their Series A round led by 23Bell in […]
Payfone, a New York-based developer of a mobile payments platform that leverages the capabilities of existing inter-operator networks, closed its $11M Series B financing. New investors Opus Capital and BlackBerry Partners Fund join founding Series A backer RRE Ventures. In conjunction with the funding, Bob Borchers of Opus Capital and Kevin Talbot of BlackBerry Partners […]