REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Microsoft has announced the creation of Microsoft Ventures to unify its approach to startups. According to a blog post by Rahul Sood, General Manager of Microsoft Startups,Ā (read it here), Microsoft Ventures will operate as a “coordinated global effort that offers tools, resources, expertise and routes to market by providing mentorship, technology guidance, seed funding, joint […]
PeerTransfer, a Boston, MA-based provider of global payment solutions for the education industry, closed a $6.4m funding. Backers included QED Investors, led by Nigel Morris, co-founder of Capital One Financial Services, and FIDES and KIBO Ventures, both in Madrid, Spain, as well as existing investors Spark Capital and Maveron. The company intends to use the […]
TopLine Game Labs, a Los Angeles-based developer of fantasy sports and social gaming platform, received a $25m investment from Cantor Ventures Cantor will help the company grow the team, launch new products and applications, and develop the business. Led by CEO digital media and technology executive David Geller, TopLine Game Labs is leveraging a mobile-first […]
Decision Pace, a Buffalo, NY-based business intelligence web service, raised $1m in funding. Backers included Richmond Capital Partners, Z80 Labs and other angel investors. The company intends to use the funds to further develop its BI data visualization products, services and technologies. Founded by Jay Moeller and Alan Lash, Decision Pace provides a BI web […]
Bizo, a San Francisco, Calif.-based provider of a business marketing platform, received $12.5m venture debt financing from City National Bank. The company intends to use the proceeds to continue to grow, expand its platform and make strategic investments. Founded in 2008 and led by CEO Russell Glass, Bizo provides a business audience marketing company that […]
Keas, a San Francisco, CA-based provider of corporate health and wellness solutions, raised $8m in funding. Backers included Ignition Partners and Atlas Venture. Founded in 2008 by Adam Bosworth and and led by Josh Stevens, CEO, Keas provides a wellness program in the workplace, which promotes healthy behavior and teamwork with an interactive application platform […]
Skyonic Corporation, an Austin Texas-based chemical engineering firm,Ā secured $128m in Series C funding. Backers included new investors Cenovus Energy [TSX, NYSE: CVE], BlueCap Partners, Toyo-Thai Corporation Public Company Limited [TTCL:Bangkok], and Energy Technology Ventures, which joined Berg & Berg Enterprises, Northwater Capital Management, ConocoPhillips [NYSE: COP], BP Ventures [NYSE: BP], PVS Chemicals, and Zachry Corporation. […]
PeakColo, a Denver, CO-based enterprise-class IaaS Cloud service provider for channel partners, secured $4.5m in financing. The round includes a $3m debt facility from Square 1 Bank and $1.5m in equity funding from from Meritage Funds and Sweetwater Capital. This latest financing followed a $7.5m round the company had raised in Sept. 2012 (read here). […]
Lightpoint Medical Ltd, a Rickmansworth,Ā UK-based developer of innovative imaging technologies for cancer surgery, raised Ā£175k (approximately $270k) in seed funding. The round was led by Oxford Technology Management, with participation from Oxford Early Investments, Minerva, the University of Warwick Science Park Business Angel Network, the Wroxall Investors Group, and additional angel investors. Founded in 2012 […]
Afore Solutions, Inc., an Ottawa, Canada-based provider of cloud security and management solutions, closed a $6m financing. The round was led by the BDC Venture Capital IT Fund. The company intends to use the capital to expand its marketing, sales and operations capacity and to accelerate next generation IP and product development. Led by Alex […]
Smashburger, a Denver, CO-based burger restaurant, closed a $35m line of credit with Golub Capital. The company intends to use the proceeds to finance its growth plans, which include 30% new unit growth for 2013 by opening 50 to 60 company and franchise locations this year, ending the year at close to 250 locations and […]
Yesterday, Ā Honest BuildingsĀ announced the close of a large Series A round: $5.5m (read here). Today, I interviewed co-founder and CEO Riggs Kubiak, who revealed us some interesting insights of the online marketplace and discovery engine for building professionals. FinSMEs: Hi Riggs, Nice to meet you. Can you tell us a little bit about yourself? Riggs: […]
Kony Solutions, Inc., an Orlando, FL-based mobile and multi-channel application platform and packaged applications provider, completed a $18.3m Series D financing. Telstra Ventures provided the funding.Ā The two companies also entered into a reseller partnership, enabling Telstra to resell Kony’s solutions to its established customer base and to provide added value to its enterprise customers through […]
VeriTran ā¢Inc., an Albuquerque, NM-based green technology startup, raised $2.5M in funding. The round was led by New Mexico based Cottonwood Technology Fund (CTF), with participation from TXO Resources, LLC. Led by John R. Bode, President and CEO, VeriTranĀ focuses on providing a new mechanical capability to improve performance and reduce energy consumption using continuously adjustable […]
Artisan Mobile, a Philadelphia, PA-based developer of a Mobile Experience Management (MEM) platform, raised $5.5m in Series A financing. The round was led by FirstMark Capital. In conjunction with the funding, Amish Jani, Managing Director of FirstMark Capital, will join Artisan’s board of directors. The company intends to use the capital to expand sales and […]