REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
According to multiple reports, VERSUS IO, a Berlin, Germany-based startup that operates an online comparison tool, has raised $100k from legendary seed investor Dave McClure. Founded in 2012 by CEO Ramin G. Far, VERSUS IO is developing a platform that offers natural text comparisons of any kind of product or service, in any language, fully […]
FitStar, a San Francisco, CA-based digital fitness startup, has closed a $1m seed funding. The round was led by Google Ventures, with participation from Advancit Capital, FLOODGATE Fund, Founder Collective, MESA+, Neil Young and Bob Stevenson’s LLL Capital, Ronnie Lott and Ed Zander. The company intends to use the capital to grow the team (http://fitstar.com/jobs/) […]
Encore Consumer Capital, a San Francisco, CA-based consumer goods focused private equity firm, has closed its second fund at $211m. The firm secured commitments from a diversified investor base (endowments and family offices, insurance companies, fund of funds, and pension funds) with the majority of commitments coming from investors in its $175m first fund. Encore […]
Stocard, a Mannheim, Germany-based provider of a mobile loyalty solution, recently closed a (€) high 6-figure seed funding. Backers included High Tech Gründerfonds, Klaas Kersting (Supercell, DailyDeal), CD-Venture, and other unnamed angel Investors. The company intends to use the capital to build up new functionalities and its user base, expand into new markets, and strengthen […]
Brent Traidman (@Brent_FenoxVC) is venture partner at Fenox Venture Capital. He is in Chicago and from there invests in innovative startups with strong teams and a prototype product. Brent told us a bit more about his own activity. FinSMEs: Hello Brent, thank you for joining us. Can you tell me something about Fenox Venture Capital? Where […]
tocario GmbH, a Stuttgart, Germany-based cloud specialist, has closed a seed funding of undisclosed amount. Backers include High-Tech Gründerfonds and Seedfonds BW. The company intends to use the capital to launch its Hosted Virtual Desktops (HVD) for SMB customers and service providers worldwide. Founded in January 2011 by former employees of Hewlett-Packard including Mario Lombardo (CTO), […]
Signifyd, a Palo Alto, CA-based provider of a risk and fraud prevention platform, has raised $2m in financing. Backers include Andreessen Horowitz, Data Collective, IA Ventures, QED Investors, Resolute.VC, Tekton Ventures and other angel investors. The company intends to use the capital to expand its engineering team (it is looking for engineers with payments or […]
Regado Biosciences, Inc., a Basking Ridge, New Jersey-based developer of antithrombotic aptamers with active control agents, has secured $51m in Series E financing. The round was led by new investor RusnanoMedInvest, a subsidiary of the state-run Russian investment firm RUSNANO, with participation from Baxter Ventures, Edmond de Rothschild Investment Partners, Domain Associates, Quaker Partners, Aurora […]
Pavement Testing Services (PTS), a Chorley, UK-based company which helps local authorities to test and maintain road surfaces, has secured £250k in funding. Established in 2002 by managing director Tony Sewell, PTS started out by providing specialist engineering services to help the Highways Agency and councils assess the condition of road networks and plan maintenance […]
uShip.com, an Austin, Texas-based transportation marketplace, has closed an $18m Series C financing with Kleiner Perkins Caufield & Byers. The company intends to use the capital to extend the development, sales and marketing of its commercial freight platform (including its new “PRO” platform, currently in private beta, which allows business shippers and freight brokers to build […]
LUMO BodyTech, a Palo Alto, CA-based smart sensor and big data company which creates health apps, has closed a $5m Series A funding. The round was led by Madrona Venture Group, with participation from Eric Schmidt’s Innovation Endeavors, and Jerry Yang. The company plans to use the funding to accelerate investments in sales and marketing, […]
DioGenix, Inc., a Gaithersburg, MD-based molecular diagnostics company, raised $1.5m in Series B financing. Backers include existing investors Nerveda LLC, a private life science fund dedicated to advancing novel therapeutic and diagnostic technologies for neurodegenerative diseases. Led by Larry Tiffany, President and CEO, and Cam Gallagher, Chairman of DioGenix and President of Nerveda LLC, the […]
Grockit, a San Francisco, CA-based social learning company, has raised an undisclosed amount of funding. The round was led by nonfiction media company Discovery Communications (Nasdaq: DISCA, DISCB, DISCK), with participation from Summit Group, and existing investors Atlas Venture, Benchmark Capital, Integral Capital Partners and GSV Capital Corp. The company intends to use the proceeds to expand […]
Fruition Partners, a Chicago, IL-based provider of technology-enabled services for the IT Service Management (ITSM) sector, has closed a $12m Series A financing. The round was led by Trident Capital. The company intends to use the capital to expand sales, marketing and delivery efforts. Led by Marc Talluto, CEO, Fruition Partners is a cloud-service management […]
RallyPoint, a Boston, MA-based professional network for U.S. military service members, has raised $1m in angel funding. Backers included angel investors from Boston, Washington, DC, and London. Representing the investors on the Board is Jill Preotle. The company intends to use the capital to expand its marketing efforts and partner with trusted employers, academic institutions, […]