REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Sumo Logic, a Mountain View, California-based log management and analytics company, has closed a $15m Series B funding. The round was led by Sutter Hill Ventures, with participation from founding investors Greylock Partners and angel investor Shlomo Kramer. This new funding brings the total amount raised by the company to date to $20.5m. Sumo Logic […]
CardSpring, a Palo Alto, CA-based payments infrastructure startup, has raised a $10m Series A funding. The round was led by Accel Partners and Greylock Partners, with participation from SV Angel, Morado Ventures, Felicis Ventures, and WIN. Led by CEO Eckart Walther, CardSpring is developing an API that lets developers add web and mobile applications like […]
AssureRx Health, Inc., a Mason, Ohio-based personalized medicine company that specializes in helping physicians determine the right drug for individual patients suffering from neuropsychiatric and other disorders, has received an $8 million term and revolving credit facility from Silicon Valley Bank. The company intends to use this additional capital to increase clinical adoption of its […]
StormWind, a Phoenix, AZ-based online IT and custom training company, has raised $4m in funding. The round was led by GSV Capital Corp., with participation from Tim Crown, who co-founded and built Insight.com. The company intends to use the funding for technology development, expanding its IT Live course offerings, and employment of approximately 150 new […]
TrialPay, a Mountain View, CA-based company that operates a transactional advertising platform, has raised more than $40m in funding. Backers include new investors Greylock Partners, Visa Inc., T. Rowe Price, DAG Ventures, DFJ Growth and QuestMark Partners, and existing investors. The company intends to use the funding to expand into new markets and continue to […]
Artspace.com, a NYC-based online marketplace for contemporary art, has closed a $2.5m Series A round of financing. Backers include: Felicis Ventures; Accelerator Ventures; Blue Equity LLC; Metamorphic Ventures; Michael Yavonditte, CEO and Founder of Hashable; David Rosenblatt, CEO of 1stdibs.com; Dave Morgan, CEO of Simulmedia; Seth Goldstein, Founder of turntable.fm; Thomas Stemberg, Founder and former […]
Menlo Park, California-based venture capital firm Andreessen Horowitz has closed its Fund III at $1.5bn. Available immediately, Fund III provides seed, venture and growth-stage funding to consumer and enterprise technology companies. In addition to financial resources, Entrepreneurs also receive support by Andreessen Horowitz’s team, which is comprised of general partners Jeff Jordan, Peter Levine, John […]
Alice.com, a Middleton, Wisconsin-based e-commerce site and retail marketplace for household essentials, has received $3.6m in funding from a group of Spanish investors. The company intends to use the capital to enhance its consumer offerings through site advancements and new features. The investment comes after the merger with Spanish company Koto.com in 2011, and the […]
Implandata Ophthalmic Products GmbH, a Hanover, Germany-based developer of an innovative diagnosis tool for glaucoma therapy, has raised €1.4m in Series A financing. Backers include Hannover Beteiligungsfonds, High-Tech Gründerfonds and a group of private investors. Led by co-founder and Managing Director Max G. Ostermeier, Implandata Ophthalmic Products GmbH has developed a system that makes it […]
Conceptboard, a Stuttgart, Germany-based start up that provides a cloud collaboration software, has raised a funding of undisclosed amount. Backers include High-Tech Gründerfonds and Seedfonds BW. The company intends to use the funding to further develop the product and to extend its team (http://conceptboard.com/jobs). Founded in 2010 by CEO Daniel Bohn and Christian Schröder, Conceptboard […]
SeaWell Networks Inc., a Mississauga, ON, Canada-based provider of multi-platform video delivery software for network operators, has raised $5m in Series B funding. The round was led by Northwater Intellectual Property Fund LP 2 with participation from BDC Venture Capital. The company intends to use the funding for ongoing trials with lead customers, expansion of […]
AlienVault, a Silicon Valley-based provider of an open source SIEM (Security Information and Event Management) solution, has raised an $8m Series B financing. The round was led by Trident Capital, with participation from existing investors Adara Venture Partners and Neotec. The company intends to use the capital to accelerate research and development and expand sales […]
Koch Eye Associates, a R.I.-based comprehensive vision care services provider, has been acquired by Boston-based private equity firm Candescent Partners. Candescent led the transaction with co-investors Bush O’Donnell Capital Partners, Pine Street Capital Partners, First New England Capital and BCA Mezzanine Fund, LP participating. Founded by the Koch family in 1981, Koch Eye Associates is […]
Alexis Bittar, a New York-based jewelry designer, is receiving an investment of undisclosed amount from private equity firm TSG Consumer Partners. The investment is designed to enable the company to continue to build its market share and extend its product line, both in the U.S. and abroad. Following the transaction, founder and CEO Alexis Bittar […]
Love Home Swap, a UK-based holiday home exchange website, has raised £850k (approximately $1.33m) in funding. The round was led by MMC Ventures. The company intends to use the new capital to develop the business. Launched in October 2011 by CEO Debbie Wosskow, Love Home Swap provides members with the opportunity to swap their homes […]