REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Ooma, a Palo Alto, CA-based provider of HD-quality, free home phone service, has received an extended $3m in debt financing from MMV Financial. As stated by President and CEO Eric Stang, Ooma will use the funding to expand marketing, sales and operations. Founded in 2004, the company offers a consumer electronics device that provides free […]
Televerde, a Pheonix, AZ-based outsourced provider of B2B sales demand creation and nurture services for the high-tech industry, has received an investment of undisclosed amount from Main Street Capital as part of its leveraged recapitalization. Under the terms of the transaction, the majority of Televerde will be owned by its current management team, including James […]
Private equity firm Bunker Hill Capital has held the final close for its second lower middle market buyout fund, at $200m. New investors in Bunker Hill Capital II, L.P. included both domestic and international limited partners. Following the firm’s strategy, the fund will continue to make control investments in lower middle market companies with proven […]
Omek Interactive, a Bet Shemesh, Israe-based provider of software for gesture recognition and full body tracking, closed a Series B round of funding of undisclosed amount from an international group of private investors. The company intends to use the funds to expand its research and development efforts and the sales and marketing teams across the […]
Solar Universe, a Livemore, Calif.-based provider of residential and small business solar installations, closed a $7.0m Series B funding. The round was led by RockPort Capital Partners, with participation from returning founding investors. The company intends to use the funds to to expand its business into new geographies and product offerings. As stated by founder […]
Clarus Marketing Group, parent company of FreeShipping.com, a Wethersfield, CT-based members-only program for online shoppers who desire to have year-round free shipping, access to deals and shopping protection, has obtained a “significant” investment from Norwest Venture Partners. The investment is intended to continue to grow the FreeShipping.com network and to increase strategic partnerships. The program’s […]
Fulcrum BioEnergy, Inc., a Pleasanton, California-based company that focuses on developing, owning and operating efficient, environmentally responsible facilities for converting municipal solid waste and other waste products to a low-cost, reliable and environmentally clean renewable transportation fuel, closed a $75m Series C financing. A portion of the capital will be used to fund the company’s […]
CSA Medical, Inc., a Baltimore, Maryland-based developer of spray cryotherapy technologies that enable precise delivery of liquid nitrogen to treat diseased tissue, has secured $10m in a Series A financing. The company intnds to use the capital to eliminate all the debt and to expand its patented and FDA-cleared spray cryotherapy system. This round, which […]
Promosome, LLC, a New York City-based biotechnology company specializing in innovative technologies related to the translation component of protein synthesis, completed a $4.1m Series C financing round. The company intends to use the funds to advance and commercialize its Translational Enhancing Elements (TEEs) and Reengineering of the Primary mRNA Structure (RESCUE) technologies. TEEs and RESCUE […]
Univa, a Lisle, Illinois-based data center optimization company, has secured $7m in new financing. Participating in the funding are new investors Core Capital Partners and Hatteras Funds and existing investors River Cities Capital Funds, ARCH Venture Partners, New World Ventures and Appian Ventures. The company intends to use the funds to accelerate its market strategy. […]
Graphicly, a Boulder, CO-based operator of a digital entertainment platform providing a social experience and marketplace around digital comics and associated entertainment, has raised $3m in a Series A financing. The round was led by DFJ Mercury, with participation from 500 Startups, Dundee VC, Ludlow Ventures and angel investors. Graphicly intends to use the funds […]
RainDance Technologies, Inc., a Lexington, Massachusetts-based provider of microdroplet-based solutions for single molecule and single cell analysis, has closed a $37.5m Series D financing round. The was co-led by new investor Quaker BioVentures and existing investor Mohr Davidow Ventures, with partipation from other current backers Alloy Ventures and Acadia Woods, LLC. In conjunction with the […]
Cirtas Systems, a San Jose, California-based provider of a cloud storage controller technology that aims to simplify storage management and reduce data storage total cost of ownership, has closed a $22.5m Series B funding round. The round was led by Shasta Ventures and Bessemer Venture Partners, with participation from existing investors NEA, Lightspeed Venture Partners […]
EmiSense Technologies, LLC , a company that develops smart sensors for clean emissions, has closed a US$3m second round of funding. The round was led by corporate investor CoorsTek, with participation from company management. EmiSense intends to use the new funding to expand product development and support validation testing with global OEM customers. Led by […]
Sulfurcell, a Berlin, Germany-based producer of CIGS*/CIGSe type thin-film solar modules, has secured €18.8m (approximately $25m) in equity funding. The round was led by Intel Capital, with participation from European and US clean tech investors Climate Change Capital Private Equity, Bankinvest Group, Zouk Ventures, Masdar Clean Tech Investments and Demeter. In addition, long-term investors who […]