March 31 2008
EnterpriseDB Raises $10 Million in Round C of Venture Capital Financing
EnterpriseDB, the world's leading provider of enterprise-class products and services based on PostgreSQL (an advanced open source database) recently announced that the company has closed a $10 million round of ...
March 31 2008
Solera Networks Secures $5 Million in Series B Venture Capital Financing
The company further announced that the funds were provided by Canopy Ventures, which also led the company’s Series A round in 2006. Solera Networks expects to use the funds to accelerate product development and sales and marketing efforts, in addition to...
March 27 2008
OptiMedica Secures $16 Million in Series C Funding
OptiMedica Corp., a global ophthalmic device company, has recently announced the receipt of $16 million in Series C financing. Participants in the round included the company’s existing venture investors, Kleiner, Perkins, Caufield & Byers and Alloy Ventures, as well as new investment partner DAG Ventures. The Series C financing will be used towards the expansion of...
March 27 2008
Gear6 Secures $10 Million in Venture Capital Financing Round
This round of financing was led by Horizon Ventures. Existing investors U.S. Venture Partners and InterWest Partners also participated in the round. The company further announced that the funds from this round of financing will be used to bolster the company’s market expansion being fueled by increasing demand for its CACHEfx line of scalable caching appliances. Centralized storage caching is rapidly emerging as...
March 26 2008
Bubble Motion Closes $14 Million in Round B of Venture Capital Funding
Bubble Motion, the pioneer and global leader of 'voice SMS', announced recently that it has received $14 million in additional funding from existing investors Sequoia Capital US and Sequoia Capital India, as well as new investors Comcast Interactive Capital and ...
March 26 2008
BioNanomatrix Secures $5.1 Million in Series A Venture Capital Funding Round
BioNanomatrix, Inc., a leading company that develops and commercializes nanoscale, single-molecule imaging and analytic platforms has recently announced that the company has secured $5.1 Million in Series A funding round. The funding was led by...
March 25 2008
Promac Engineering Secures $8 Million In Private Equity Investment
Promac Engineering Industries Ltd. is based in Bangalore. The company was established in the early seventies and is in the Heavy Engineering Sector, supplying complete cement plants up to 1.5 million tones per annum capacity, besides providing Bulk Material and Coal Handling Systems for the Process Industry on a turn key basis. The investment stake terms were undisclosed. Mape Group advised Promac in...
March 25 2008
Suminter India Organics Secures Venture Capital Investment
Suminter, which supplies to buyers in the US and Europe, currently has a farmer network in four Indian states, across 25,000 acres of land. Its network of farmers, grow several organic produce, including cotton, oil seeds, spices and herbs, in accordance with buyers demand. The company plans to expand its reach to Ten Indian States. It will also set up an organic food park with high-end machinery for...
March 24 2008
SpinVox Secures over $100 Million in New Private Equity and Venture Capital Funding Round
SpinVox, the founder and global leader in Voice-to-Screen messaging has recently announced that it has secured over $100 million in a new funding round.
According to the company’s CEO, the funds will be completely devoted to further building the global business of the UK-headquartered company. The company already operates on four continents and has signed deals with 12 carrier networks and intends to
...
March 24 2008
TrialPay Secures $12.7 Million in Series B Venture Capital Funding
TrialPay, a leader in alternative payments, has recently closed $12.7 million in a Series B round of funding, bringing the total amount raised to $15.8 million. More than 15,000 new users join TrialPay every day.
Index Ventures was part of a Series B that included Atomico Ventures and former PayPal executives. The Series A round included Battery Ventures, Ron Conway and
...
March 20 2008
Stentys Completes $18 Million in Series B Venture Capital Financing
The lead investor was UK venture firm Scottish Equity Partners. Series A investor Sofinnova Partners also participated in the B round. Aelios Finance served as financial advisor to Stentys. Brian Kerr, one of the founding directors of Scottish Equity Partners and a Partner in the firm’s Healthcare Group, will join
...
March 20 2008
FixYa Secures $6 Million in Series B Venture Capital Financing
This recent funding was made available through Pitango Venture Capital and Mayfield Fund who led the financing. Both funds participated in Series A funding, which was led by Pitango. FixYa further announced that the company will use the funds to expand its business operations in the United States and Israel and to offer new products and services to its rapidly growing
...
March 19 2008
Alimera Sciences Closes $30 Million in Series C Venture Capital Financing
Alimera Sciences announced that the company has closed a Series C financing round of $30 million with all five of the company’s existing venture capital firms exercising the right to participate at their full pro rata share.
The company further announced that the proceeds from the Series C will enable Alimera
to, as previously announced, acquire
...
March 19 2008
Vivisimo Secures $4 Million in Venture Capital Funding Round
Vivisimo, a leading provider of enterprise search software and expertise, announced recently the completion of its first institutional investment round of $4 million.
This first round of financing was provided by North Atlantic Capital which is based in Portland, ME. The company further announced that the financing will support Vivisimo’s continued global expansion and strengthen the company’s sales and
...
March 18 2008
Luminous Medical, Inc. Secures $23.5 Million in Series B Venture Capital Funding
Luminous Medical, Inc. recently announced that the company has completed a $23.5 million round of Series B financing. Adams Street Partners led the investment, joined by new investors RiverVest Venture Partners, and...
March 18 2008
Thumbplay Raises $18 Million In New Venture Capital Funding
Thumbplay, the Number 1 mobile entertainment content service in the U.S., recently announced that the company has raised $18 million in new capital through a Series E round. This recent round of financing was led by Brookside Capital Partners, the public equity affiliate of Bain Capital, and Cross Creek Capital, a private equity affiliate of ...
March 17 2008
Five9 Secures $12 Million in Equity Funding Led by a Group of Leading Investors
Five9, Inc., a leader in on-demand call center solutions, recently announced the completion of $12 million in equity funding from leading investors Hummer Winblad Venture Partners, Partech International and Mosaic Venture Partners. Five9 further announced that the company will use the funding to accelerate its sales, marketing, and product development...
March 17 2008
Pando Networks Ltd. Raises $8 Million in Venture Capital Investment
Pando, a world leading start up company in Efficient, secure and commercially viable rich media delivery, recently announced that the company has raised over $8 Million in Venture Capital funding. The company's end goal according to reporters is "to establish a new Internet infrastructure standard for efficient, secure, and...
March 14 2008
Highwinds Secures $55 Million in a New Round of Equity Financing
Highwinds Network Group, Inc., a multi-platform IP services and content distribution provider, announced recently that the company has closed a $55 million round of equity financing. This round of financing was led by General Catalyst Partners and Alta Communications. The company further announced that the financing will fund the infrastructure build-out of Highwinds' RollingThunder(TM) network, including...
March 14 2008
Panther Express Secures $15.75 Million in Series B Venture Capital Financing
Panther Express, a leading global provider of content delivery services, announced recently the completion of a $15.75 million Series B round of venture financing. The financing was led by Index Ventures. Gold Hill Capital and existing investor Greylock Partners also participated. Panther will use the funds for international expansion and further infrastructure investment to support its growing list of...
March 13 2008
Aperio Secures $20 Million in
Series C Venture Capital Funding
Aperio Technologies, Inc., (Aperio), a global
leader in digital pathology for the healthcare and life sciences
industry, announced recently the completion of a $20 million
Series C financing. The round was led by HLM Venture Partners, a
Boston and San Francisco-based healthcare venture capital firm.
Joining HLM in the Series C funding are existing investors Galen
Partners and Advanced Technology Ventures, and new investors
Acadia Woods Partners and...
March 12 2008
Xirrus Secures $26 Million in Series C Venture Capital Financing
Xirrus, Inc., recently announced that it closed a third
round of funding, securing an additional $26 million in equity
financing. Xirrus, Inc., is the only Wi-Fi "Power-Play" that can
replace Ethernet workgroup switches with Wi-Fi as the primary
network connection for end users. The company announced that
this round of financing was led by Canaan Partners, with
additional participation by all existing investors including
U.S. Venture Partners, August Capital, QuestMark Partners and
Dirk Gates, president and chief executive officer of Xirrus. The
investment will be used to fuel further acceleration of...
March 12 2008
Fluid Entertainment Secures $3.2 Million in Series A Venture Capital Funding
Fluid Entertainment, a California based interactive entertainment developer, announced recently that the company has secured $3.2 million in Series A venture capital funding. The financing was led by Trinity Ventures. The company further announced that the funds will support the development and launch of a new, entirely original MMO (Massively Multiplayer Online) game for children. Fluid Entertainment will announce more game details in...
March 11 2008
EveryScape Secures $7 Million in Series B Venture Capital Financing
EveryScape, Inc., creator of “The Real World Online,” recently announced that it has secured $7 million in Series B venture capital financing. The Venture Capital Funding was led by new investor Dace Ventures, the Series B round also includes existing investors Draper Fisher Jurvetson, Draper Fisher New England, Draper Atlantic and LaunchPad Venture Group. EveryScape will use the financing to grow its sales force, accelerate new city launches and ...
March 11 2008
33Across Inc. Closes Seed Round Financing
33Across, a stealth-mode company developing revolutionary technology to identify influential online users, announced recently that it has closed a seed funding round led by First Round Capital. Other investors include Dave Morgan, the Founder of TACODA and former EVP Global Ad Strategy at AOL, and Shelby Bonnie, former CEO of CNET. The company will use the funding to...
March 10 2008
Cayenne Medical Closes $15 Million in Series C Equity Financing
Cayenne Medical, Inc., a privately held sports medicine company based in Scottsdale, recently announced that it is closing a $15 Million Series C financing led by Investor Growth Capital (“IGC”). Other participating investors include Split Rock Partners, MB Ventures and a group of accredited private individuals. The lead investor of the series B round was Dave Stassen of Split Rock Partners, who, with Mike Sherman of MB Ventures, has been added to...
March 10 2008
Kapow Technologies Secures $11.6 Million in Series C Financing
Kapow Technologies, the expert in harvesting mash able public and private web intelligence with software that turns the web into the world's largest database, announced recently that it has signed definitive documents to complete a Series C financing round of $11.6 million. Closing is expected to occur by March 31. New investors include Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company, and ...
March 07 2008
PanGenetics Raises $34 Million in Series C Venture Capital Financing
PanGenetics B.V.recently announced that the company
has closed a series C financing round in which it raised a total of 23 million
Euro (approximately US$34 million). The round was led by Edmond de Rothschild
Investment Partners (EdRIP), with participation from Biogen Idec New Ventures
and Fortis Private Equity, as well as existing series B investors Index
Ventures, Forbion Capital Partners and...
March 07 2008
NoblePeak Vision Secures $12 Million in Series B Venture Capital Financing
NoblePeak
Vision Corp., whose technology is transforming the night vision market,
announced recently that the company has raised $12 million in Series B equity
financing. The Series B round was led by Chart Venture Partners, a new NoblePeak
investor. NoblePeak’s original investors, Matrix Partners and Northbridge
Venture Partners, also fully participated in...
March 06 2008
Naverus,Inc. Secures $10 Million in Series C Financing
Naverus,Inc. recently announced that the company has raised $10 Million in a Series C
preferred stock round. The company further announced that the funds will be used
to expand its business development. The company is a leader of high performance
flight path development for commercial airlines and is also a provider of...
March 06 2008
Climos Secures $3.5 Million in Series A Venture Capital Financing
Climos, a startup company focused on
large scale techniques to mitigate climate change, announced recently the close
of a $3.5 Million Series A round of financing led by Braemar Energy Ventures.
Also participating was Elon Musk, a well known entrepreneur and new technology...
March 05 2008
Sleep Solutions, Inc. Secures $20.5 Million in Venture Capital and Equity Financing
Sleep Solutions, Inc. (SSI), the market leader delivering innovative medical technologies for the sleep disorder market, recently announced it has secured $20.5 million in additional venture funding. The investment was led by the TPG Biotechnology II fund with participation from existing investors, including MedVenture Associates, Dr. Thomas Fogarty/Emergent Ventures, and...
March 05 2008
WiNetworks Secures $19 Million in Round C Venture Capital Financing
WiNetworks, a pioneer and leader in the development and integration of WiMAX network technologies, recently announced that the company has successfully raised $19 Million in financing. The company further announced that the funds from the third round of financing will be used to expand the Win-Max® family of mobile WiMAX base station products and to increase market penetration around...
March 04 2008
Mzinga Secures $32.5 Million in Venture Capital Funding
Mzinga, the leader in workplace and customer community solutions, announced recently it has secured $32.5 million in a new round of financing.Mzinga further announced that the company plans to use this new funding to accelerate product development in response to increased demand, expand into new market segments, and increase sales and...
March 03 2008
NextIO Receives $18.8 Million in Series C Venture Capital Funding
NextIO, Inc., the leader in I/O virtualization solutions, announced recently that it has closed an $18.8 million Series C funding round. Adams Capital Management and Crescendo Ventures led the round with participation from other inside investors as well as two new strategic investors. The company further announced that the funding will be used by NextIO to further expand its development team and sales channels in preparation for the upcoming release of several virtualization system products in 2008. To date, NextIO has raised...
March 03 2008
California Stem Cell, Inc. Secures Series A Financing
California Stem Cell, Inc. (CSC) recently announced that the company has secured Series A financing from private investors. The company further announced that the proceeds from the financing will be used to expand its laboratory and manufacturing facilities here, allowing mass production of FDA compliant cells and pre-clinical development of treatments for cardiac and ...
February 29 2008
Portico Systems Secures $7.7 Million in Series B Private Equity Financing
Edison Ventures, based in Lawrenceville, N.J., led the round, with a $4.9 million investment. Doug Petillo, a partner with Edison, will join Portico’s board of directors. Safeguard Scientifics, Inc. invested $2.8 million as a follow on to their initial investment which led the company’s initial $6 Million round of funding in 2006. Both firms have extremely strong healthcare and ...
February 29 2008
Tela Innovations Secures Series B Venture Capital Investment
Tela Innovations, an early stage technology company focused on addressing the challenges of scaling semiconductor manufacturing to 45nm and beyond, recently announced that Intel Capital, the global investment arm of Intel Corporation, became a new investor in the company. Intel Capital's investment was part of the company's Series B round, which included new investor AsiaTech Management as well as...
February 28 2008
SellPoint Secures $7 Million in Venture Capital Financing
SellPoint, Inc., the leading provider of on-demand video product tours, recently announced that it has secured $7 million in financing from Granite Ventures LLC and previous investor Menlo Ventures. SellPoint will use this additional funding to fuel current momentum and expansion of its ...
February 28 2008
HiveLive Inc. Raises $5.6 Million in First Round of Venture Financing
Grotech Capital Group led the $5.6 million round and was joined by current private investors. HiveLive's total funding to date is $7.8 million, which includes prior angel investments of $2.2 million. Grotech General Partner Joseph R. Zell will take a seat on HiveLive's board of directors, effective...
February 27 2008
O-Web Technologies Secures $500,000 in Round A Venture Capital Funding
O-Web Technologies, a provider of web development services and creators of ONOSYS Online Ordering, and Lee Zapis, founder of Zapis Capital Group, announced recently an investment commitment of $500,000 to ...
February 27 2008
Morpho, Inc. Receives $1.5 in Venture Capital Financing
Morpho, Inc., a leading provider of image processing software solutions for mobile devices, announced recently that it has received an investment in the amount of 165 Million Japanese Yen (approximately $1.5 Million) from Nokia Growth Partners, the venture capital arm of Nokia, the world leader in...
February 26 2008
New Technology Developers Receive $15 Million in Private Equity Financing
Dakim, Inc., an innovator in brain fitness technology solutions, today announced the completion of a $10.6 million Series C financing. The round was led by Galen Partners, a leading private equity firm specializing in healthcare investing. The funds represent the first institutional investment for Dakim. Terms of the financing were not ...
February 26 2008
Blist Secures $6.5 Million in Series A Venture Capital Investment
N-trig, the provider of DuoSense™ technology combining pen and zero-pressure touch for mobile computers into a single device, announced recently that the company has completed a fund-raising round of $28 million from Canaan Partners, Evergreen Venture Partners and current investors. This is the largest amount invested in a start-up company since the beginning of...
February 22 2008
Dakim, Inc. Receives $10.6 Million in Series C Private Equity Funding
Dakim, Inc., an innovator in brain fitness technology solutions, today announced the completion of a $10.6 million Series C financing. The round was led by Galen Partners, a leading private equity firm specializing in healthcare investing. The funds represent the first institutional investment for Dakim. Terms of the financing were not ...
February 21 2008
N-trig Raises a Record Amount of $28 Million in Venture Capital Financing
N-trig, the provider of DuoSense™ technology combining pen and zero-pressure touch for mobile computers into a single device, announced recently that the company has completed a fund-raising round of $28 million from Canaan Partners, Evergreen Venture Partners and current investors. This is the largest amount invested in a start-up company since the beginning of...
February 21 2008
BioIQ Raises $2.5 Million in Series B Venture Capital Financing
BioIQ, a healthcare information technology company based in Santa Barbara, California that specializes in wellness and diagnostics, announced recently the completion of $2.5 million in Series B financing. The investment round was led by venture firm Great Pacific Capital. Great Pacific’s Managing Partner Dave Gross will take a seat on...
February 19 2008
Q Therapeutics Secures $15 Million in Series B Venture Capital Financing
Q Therapeutics, Inc, a biotechnology company pursuing cell-based therapies for the central nervous system (CNS), recently announced that it has closed on a first tranche of its $15 million Series B financing. The Venture Capital round was led by...
February 19 2008
Ringleader Digital Secures $6 Million in Series A Venture Capital Funding
Ringleader further announced it will use the capital infusion to continue building out its premium mobile advertising network, bolster corporate development and increase global marketing efforts. For W2 Group, the investment is yet another indicator of the organization’s aptitude for identifying and advancing the next disruptor in the digital mobile space. The strategic value in this partnership for Ringleader is the relationships that can be leveraged in the W2 top-tier portfolio of technology and...
February 18 2008
Sequans Secures $28 Million in New Venture Capital and Equity Financing
Sequans Communications, a leading supplier of fixed and mobile WiMAX chips, recently announced it has secured $28 Million in a new round of equity-based and convertible debt financing. Major telecom operator Swisscom, and Reliance Technology Ventures Limited, the corporate venture capital arm of Reliance ADA Group of India join private equity firm CDC Enterprises, through the France investment program, as new Sequans minority investors, and European investment bank NATIXIS is the primary participant in the...
February 18 2008
Accedian Networks Completes $7.5 Million in Series B Venture Capital Financing
Accedian Networks, a leading provider of Packet Performance Assurance solutions for telecom, cable and wireless operators, announced recently it has raised $7.5 Million in its second round of venture capital financing. Funds were provided by RHO Canada Ventures in addition to follow-on investments from Skypoint Capital and...
February 15 2008
FirstAgain Secures $30 Million in Private Equity Funding
FirstAgain, LLC recently announced that it has secured $30 million in funding from Arsenal Capital Partners, a leading New York-based private equity firm. This is the company's second round of growth capital, the first being funding from Merrill Lynch in October 2006. FirstAgain will use the Arsenal proceeds to accelerate its expansion into the expanding loan market for individuals with...
February 15 2008
Vaultus Mobile Technologies Secures $6 Million in Venture Capital Financing
Vaultus Mobile Technologies, a leader in extending business-critical applications to handheld devices, recently announced that it has closed a $6 million expansion round. The expansion round of financing was lead by Point Judith Capital with participation from existing investors Susquehanna International Group and...
February 14 2008
DPAC Technologies Secures $6 Million in New Equity Financing
DPAC Technologies, Inc., a provider of machine-to-machine connectivity and device networking solutions, announced recently that it has closed on new equity and debt financing. The value of this financing, which includes the sale of preferred stock, as well as senior subordinated notes and a working capital line of credit, is for approximately $6.0 million, after deducting...
February 14 2008
ByAllAccounts Secures $5 Million in Series A Venture Capital Financing
ByAllAccounts, a leading provider of reconciliation-ready data for investment management and advisory firms, recently announced that it has secured $5 million in Series A funding. Commonwealth Capital Ventures led the round and was joined by members of the company’s executive management team. The company also announced it plans to use the funding to further support sales, marketing and...
February 13 2008
Infinia Corporation Secures $50 Million in Series B Financing
Infinia Corporation recently announced that it closed on a $50 million Series B Preferred Stock financing round led by GLG Partners with participation from Wexford Capital LLC and prior investors Vulcan Capital, Khosla Ventures, EQUUS Total Return, Inc., Idealab and Power Play Energy, LLC. The proceeds from the financing will be used to fund the commercial launch of the Infinia Solar System, a solar power generation product that harvests energy from...
February 13 2008
Seatwave Secures $25 Million in Series C Funding
Seatwave, Europe’s largest fan-to-fan ticket exchange - an online marketplace for buying and selling tickets for theatre, sports, music and other live events - recently announced it has raised $25 million in Series C funding led by Fidelity Ventures. Fidelity Ventures is joined by existing investors Atlas Venture, Mangrove Capital Partners and...
February 12 2008
MFG.com Secures $26 Million in Round A Venture Capital Investment
The funding, the company's first round of venture capital, was led by Fidelity Ventures. MFG.com. MFG’s CEO Mitch Free said that the investment will help the company develop new technology, hire executives and expand into Asia. The investment, he said, will essentially help MFG.com transition from...
February 12 2008
Golf Club Maker Nickent Secures $2 Million in Equity Investment
“In the golf industry, you need key components to facilitate the jump from a niche brand to a major player,” commented Michael Lee, CEO and Co-founder of Nickent. “Superior product, PGA TOUR validation, distribution growth and an aggressive marketing plan are some of the main reasons we have been able to distinguish ourselves from the rest of the pack. This year we celebrated a ‘Major’ victory at the US Open, and we have won...
February 11 2008
Exeter Finance Corporation Secures $20 Million in Equity Expansion Financing
Exeter Finance Corp., a Dallas, Texas corporation engaged in the purchase and servicing of non-prime automobile installment sales contracts recently announced that Navigation Capital Partners invested $20 Million equity investment in the company. Navigation Capital Partners is an Atlanta-based private equity firm that invests in lower middle market niche manufacturing and services businesses primarily-based in the...
February 11 2008
Maryland Venture Capital Companies
CourseAdvisor, Inc., a premier online lead generation and marketing solutions provider for the postsecondary education market, announced that it had completed a $12 million investment in its first institutional round of financing. The investment was led by ABS Capital Partners, a leading Maryland private equity firm focused on...
February 11 2008
Deeya Energy Secures $15 Million in Round B Venture Capital Investment
New Enterprise Associates (NEA), a leading U.S.-based venture capital firm, recently announced an investment in Deeya Energy Inc., a clean energy technology company focused on developing and manufacturing novel energy storage systems. The company announced it will use the $15 million from the Series B round, led by NEA and including funds from existing investors BlueRun Ventures, Draper Fisher Jurvetson (DFJ) and DFJ Element, to support the construction of its factory in Gurgaon, India and its continued R&D activities. As a result of the investment, Ravi Viswanathan, NEA Partner, will join...
February 08 2008
Alverix, Inc. Secures $7.7 Million Series A Venture Capital Financing
Alverix Inc. recently announced that it has secured a $7.7 million Series A financing round from Safeguard Scientifics and New Venture Partners. Alverix, Inc. is a point-of-care (POC) diagnostics technology provider. Joining Safeguard Scientific in this funding is New Venture Partners LLC, the global venture capital firm dedicated to corporate technology spinouts. Alverix will use the proceeds of this financing round for key hires, product development and commercialization of its...
February 08 2008
TurnHere Secures $7.5 Million in Venture Capital Funding
TurnHere, Inc., the leading online video solutions platform, recently announced that it has secured $7.5 Million in funding from Venrock and Hearst Interactive Media, a division of the Hearst Corporation. The funding will enable the development of new, innovative online video products and services for TurnHere customers, as well as enhanced tools for the growth and expansion of the TurnHere filmmaker network and...
February 07 2008
Suniva Closes $50 Million Series B Venture Capital Funding Round
Suniva Inc., a manufacturer of high value crystalline silicon solar cells, recently announced the completion of its second round of financing for $50 million. The round was co–led by returning investor, New Enterprise Associates, and Advanced Equities, Inc. The Goldman Sachs Group, Inc. joined the round via its wholly-owned subsidiary Cogentrix Energy, Inc., a leading independent power producer. HIG Ventures, an existing investor, and Quercus Investments participated as well. The funds will be used for...
February 07 2008
LogLogic Closes Over-Subscribed $13.5 Million in Series D Financing
LogLogic, the log management leader, recently announced it has closed a series D round of funding, securing an additional $13.5 million in equity funding. The company also announced it will use the funds to expand global sales and marketing initiatives and accelerate innovation. This round, which brings the total equity investment in LogLogic to $47.7 million, was led by Focus Ventures and included Sequoia Capital, Telesoft Partners, Worldview Technology Partners and...
February 06 2008
Pacific Crest Securities Secures $30 Million in Venture Capital Investment
Pacific Crest Securities, the leading technology-focused investment banking firm, announced recently that it has completed a $30 million growth investment from CIVC Partners, based in Chicago, and Caltius Partners, based in...
February 06 2008
Traversa Raises $2 Million in Angel-Led Series A Financing
Traversa Therapeutics, Inc., a privately held developer of RNAi delivery technologies, announced recently the completion of a $2 million Series A financing led by the San Diego Tech Coast Angels and joined by...
February 05 2008
Endeca Secures $15 Million in Venture Capital Investment
Endeca Technologies, Inc., an information access software company, recently announced that it has secured financing from...
February 05 2008
Caringo Secures Venture Capital and Private Equity Funding
Caringo Inc., a leading provider of content storage software that delivers a clustered storage infrastructure for storing both active and archive content, recently announced that Vodafone Ventures has made a...
February 04 2008
Kamada Secures $20 Million in Venture Capital Financing
Kamada, an Israeli-based biopharmaceutical company, announced recently it has signed a $20 Million financing agreement with US based Hercules Technology Growth Capital, Inc., under venture lending terms. The agreement is aimed at...
February 04 2008
Lumidigm Announces $7 Million in Series C in Venture Capital Funding
Lumidigm Inc., the multi-spectral imaging biometrics company, recently announced that it has completed a Series C $7 million funding round. “Lumidigm is grateful for the continued support of our investor group,” said...
February 01 2008
D-Wave Secures $17 Million in Series C Venture Capital Funding
D-Wave Systems, developer of quantum computers targeted at commercial applications, has announced recently the closing of a $17 Million Series C financing. The round was led by International Investment and...
February 01 2008
VirtenSys Secures $12 Million in Series B Venture Capital Funding
VirtenSys Ltd. announced recently it has received $12 Million in its Series B funding round, all from its original investor syndicate. The syndicate of investors include Scottish Equity Partners (SEP), Celtic House Venture Partners (CHVP), and GIMV. The company further announced that...
January 31 2008
ShoZu Secures $12 Million in Series C Venture Capital Funding
ShoZu Inc., the leading provider of mobile social media services for exchanging content between mobile phones and Web-based social media sites, recently announced the closing of a $12 million Series C round of financing led by...
January 31 2008
Physware Secures $2.5 Million in Series A Venture Capital Funding
Physware, Inc., a provider of high-speed 3D field solutions for the high-frequency package and board markets, recently announced that Madrona Venture Group and WRF Capital have collectively invested $2.5 million in venture funding. The company announced that ...
January 31 2008
Winning in Tough Times
For many managers, especially those in their mid-thirties and younger, we are in uncharted economic territory. Demand is down sharply; inventories are harder to manage and forecast; cash flow is tight; budgets and forecasts are...
January 30 2008
Pano Logic Secures $12 Million in Series B Venture Capital Funding
Pano Logic, recently announced it has completed a $12 million series B funding round led by Goldman Sachs, and joined by existing investors ComVentures and Foundation Capital. Pano Logic leverages existing server virtualization technologies to create...
January 30 2008
Second Rotation Secures $4.4 Million in Series A Funding
Second Rotation, the destination for simplified selling of consumer electronics and gadgets online, recently announced that it has raised $4.4 million in its initial round of funding. The round was led by Venrock, a premier venture capital firm founded by...
January 29 2008
Solel Solar Systems Ltd. Receives $105 Million in Venture Capital Funding
Ecofin Limited (“Ecofin”), a London based investment manager specializing in the utilities and infrastructure sectors with approximately $5.4 Billion of assets under management, is pleased to announce a major new investment in...
January 29 2008
Pivot3 Raises $24 Million in Third Round of Funding
Pivot3 Inc, the inventor of high-definition storage based on distributed RAID, recently announced that it has received $24 million in series C venture funding led by Mesirow Financial Capital Partners IX. Participation in this round also included...
January 28 2008
Fraud Sciences Ltd. Acquired for $169 Million
eBay Inc. recently announced that PayPal has agreed to acquire Fraud Sciences Ltd., a privately-held Israeli company with expertise in online risk tools, in a cash transaction with an aggregate transaction value of...
January 27 2008
Sopogy Awarded “Deal Of The Year 2007” and Continues its Growth with Venture Capital Investment
Sopogy, Inc. the world leader in MicroCSP Solar Technologies is honored as the Hawaii Venture Capital Association\'s Deal of the Year 2007., About authorSopogy has pioneered the technology bringing the proven concepts of Concentrated Solar Power (CSP) to the distributed generation market. This is called...
January 25 2008
Adchemy Secures $19 Million in Venture Capital Investment
Adchemy, Inc., a next-generation online customer acquisition technology company, recently announced it has secured $19 million in funding led by Mayfield Fund with additional investments from ...
January 25 2008
Ad Infuse Raises $12 Million in Venture Capital Funding
Ad Infuse, a leader in delivering highly personalized mobile advertising experiences, recently announced it has secured $12 Million in a new round of financing. New investor SoftBank Capital led the round, which also included...
January 24 2008
Inform Technologies Secures $15 Million Venture Capital Investment
Inform Technologies, a technology solution for established media brands, recently announced that the company received a $15 million investment from Spark Capital, a Boston-based venture fund focused on ...
January 24 2008
Aveksa Closes $12 Million in Series B Expansion Funding
Aveksa, Inc., the market-leading provider of enterprise access governance solutions, announced recently that it has raised $12 million in Series B funding led by FTVentures. The capital will be used to fuel the market expansion of ...
January 21 2008
Anagran Closes $12 Million in Series C Financing Round
Anagran, the leading source for high capacity flow management technology and products, recently announced that the company has closed a Series C round of Venture Capital funding. All of the company’s original venture capital investors participated ...
January 21 2008
Conduit Secures $8 Million in Series B Venture Capital Investment
Conduit, the leading provider of web community toolbars, recently announced that it has closed its series B round of funding with Benchmark Capital. The company also announced it will use this last round of...
January 17 2008
Oversee.net Receives $150 Million Investment
Oversee.net, an online marketing solutions provider, announced recently that it has executed a definitive agreement with Oak Hill Capital Partners, a private equity firm, for an investment of $150 million in...
January 17 2008
Evolve IP Raises $15.6 Million in Equity Financing
Evolve IP, a Managed Technology Provider based in the Philadelphia region, announced recently that it has closed an equity financing round totaling $15.6 million. This financing represents the largest early stage telecommunications and...
January 16 2008
Ze-gen, Inc. Secures an Additional $2.5 Million in Venturre Capital Funding
Ze-gen, Inc., a clean energy company providing advanced gasification technology to convert municipal waste streams into synthesis gas and generate low emissions electricity and ...
January 16 2008
NetStreams Completes $18.2 Million in Series B Venture Capital Financing
NetStreams, the global leader in networked entertainment systems based on Internet protocol (IP) technology, announced recently that it has completed the final stage of its series B round of funding. The company has raised...
January 09 2008
Confirma Closes $17.5 Million in Series C Venture Capital Financing
Confirma, pioneer and leader in application-specific computer-aided-detection for MRI, recently announced it has raised a $17.5 million Series C round led by Telegraph Hill Partners. Fluke Venture Partners joined...
January 09 2008
BlueFire Ethanol Closes $15.5 Million in Financing
Recently, BlueFire entered into a Securities Purchase Agreement whereby Quercus Trust acquired shares of common stock and warrants for total proceeds of $15 Million. The complete terms of the...
January 04 2008
Merlin Securities Announces $20 Million in Venture Capital Investment
Merlin Securities, a broker dealer specializing in technology driven prime brokerage services, announced recently that Sequoia Capital has made a $20 Million investment in an ...
January 04 2008
Tempo Pharmaceuticals Closes $8 Million in Series B Funding
Tempo Pharmaceuticals, a biopharmaceutical company focused on novel, intelligently designed nanoparticle-based drugs, recently announced that it has closed an...
January 02 2008
Redstone American Grill Secures $26.5 Million in Growth Funding
PregLem, a Swiss specialty biopharmaceutical company focused on the development and Redstone American Grill, Inc.’s Chief Executive Officer David Goronkin recently announced the company has secured $26.5 million dollars in growth funding to accelerate restaurant development. The company completed ...
January 02 2008
Juice Wireless Raises $6 Million in Round C Venture Capital Financing
Juice Wireless, the pioneer in mobile social networking, recently announced it has closed $6 Million in new venture capital funding in their third funding round. The round was led by 21Ventures. The company’s investors now include...
December 26 2007
PregLem SA Announces Approximately $31 Million Series B Funding
PregLem, a Swiss specialty biopharmaceutical company focused on the development and commercialization of innovative therapeutic compounds for female reproductive medicine, recently announced the closing of ...
December 26 2007
Quickfilter Technologies Secures $4.8 Million Series C Financing
Quickfilter Technologies, Inc., a fabless semiconductor company that develops mixed-signal ICs based on a programmable finite impulse response (FIR) engine for digital signal processing, recently announced that it has closed...
December 24 2007
Purfresh Secures $25 Million Series C Funding Round
Purfresh, formerly known as Novazone, Inc., a leading provider of clean solutions for food and water, recently announced that it has raised a $25 million Series C financing round, including...
December 24 2007
Kyte Announces $15 Million in Second Round Venture Capital Investment
Kyte recently announced it has raised $15 million in a second round of funding. The round was led by Telefónica, the world's fourth largest global telecommunications firm, with Nokia Growth Partners, the global private equity and...
December 21 2007
CDNetworks Secures $96.5 Million in New Investment Round
CDNetworks, a top three global, full service content delivery network (CDN) and the #1 CDN provider in Asia, recently announced a strategic private investment of $96.5 million led by Oak Investment Partners, with...
December 21 2007
Acquia Receives $7 Million Series A Financing
Acquia, Inc. recently announced it has secured $7 million in a Series A financing led by North Bridge Venture Partners, with additional investment from Sigma Partners and...
December 19 2007
CDNetworks Secures $96.5 Million in New Investment Round
CDNetworks, a top three global, full service content delivery network (CDN) and the #1 CDN provider in Asia, recently announced a strategic private investment of $96.5 million led by Oak Investment Partners, with...
December 19 2007
Acquia Receives $7 Million Series A Financing
Acquia, Inc. recently announced it has secured $7 million in a Series A financing led by North Bridge Venture Partners, with additional investment from Sigma Partners and...
December 17 2007
SensorDynamics Closes $37 Million in Series B Round of Equity Funding
SensorDynamics, a fast-growing company that focuses on innovative micro and wireless sensor products for automotive and industry applications, recently announced that it has raised $37 million in Series B equity funding and...
December 17 2007
CDI Bioscience Secures $3 Million in Series A Investment
CDI Bioscience, Inc., a biopharmaceutical technology company recently announced that it has received a $3-million Series A funding round from Battelle Ventures, LP, and its affiliate fund ...
December 05 2007
NextPoint Secures $20 Million in New Round of Funding
In a move that creates the world’s first fully integrated fixed-mobile connectivity platform, NexTone Communications, Inc., the leading software-centric session border controller and session management provider and...
December 05 2007
Good Clean Food Secures $1 Million in Series A Round of Funding
Good Clean Food Secures $1 Million in Series A Round of Funding
Maine’s Good Clean Food President Kurt Shisler announced recently has secured its Series A round of funding of ...
December 03 2007
BioSpace Med Raises $18 Million in Venture Capital Funding
BioSpace med, the orthopedic imaging company, announced recently that the company closed a Venture Capital Financing of $18 million. The funding was led by NBGI Ventures (London) and Crédit Agricole Private Equity (Paris). Current investors in the company...
December 03 2007
Adenosine Therapeutics Secures $4.5 Million in New Venture Capital Financing
Adenosine Therapeutics, LLC, announced recently that ATEL Ventures, Inc has released a new growth capital investment in the Company. The new financing is in the amount $4.5 Million. Adenosine Therapeutics is a company that ...
November 28 2007
Carbylan raises $20 Million in Series B Venture Capital Financing
Carbylan BioSurgery Inc. recently announced that it has raised $20 million in its second round of...
November 28 2007
Yaupon Therapeutics Raised $14.5 Million in Series C Funding
Yaupon Therapeutics, a privately held specialty pharmaceutical company developing small molecule pharmaceuticals, recently announced the closing of a $14.5 million round of venture capital financing. The Series C financing will expand ...
November 26 2007
Yodle Inc. Raised $12 Million in Series B Round of Funding
Yodle, Inc., a leader in local online advertising and lead generation, announced recently that it raised $12 million in a second round of financing led by Draper Fisher Jurvetson, with existing investor...
November 26 2007
World Mahjong Tour, Inc. Secures Series A Financing
World Mahjong Tour, Inc. (WMT), a leading Asia focused gaming company, recently announced that it has secured Series A funding from Leo Chu, who is owner of the Hollywood Park Casino and...
November 23 2007
Smart SMS Corp. Receives $13 Million in Outside Funding
Steaphan Weir, CEO of Smart SMS Corp., a Florida corporation (“STMC”), announced the receipt of $13 Million in outside funding through the sale of senior secured notes to be used for ...
November 23 2007
Silicon Clocks gets a well-timed $8 Million from Lux Capital
The round includes new investor Lux Capital, Previous investors Charles River Ventures, Formative Ventures and Tallwood Venture Capital also participated in the financing. Josh Wolfe, Lux Capital's managing partner, will join...
November 19 2007
Tragara Pharmaceuticals, Inc. Announces $40 Million in Series A Financing
Tragara Pharmaceuticals Inc., a pharmaceutical company developing therapies for the treatment of cancer and inflammatory diseases, recently announced that it closed a $40 Million Series A financing. Participating investors included...
November 19 2007
Targacept to Receive $2 Million from AstraZeneca
Targacept, Inc., a clinical-stage biopharmaceutical company developing a new class of drugs known as NNR Therapeutics (TM), recently announced that AstraZeneca has secured an option for an exclusive license to...
November 12 2007
YouMail Raises $4.5 Million in Series A Funding
YouMail, Inc., the mobile industry’s premiere consumer voicemail service, recently announced that it has raised $4.5 million in series A funding from VantagePoint Venture Partners. Additionally, Craig Cooper, venture partner at...
November 12 2007
TickEx Announces First Round of Funding
The angel round of $1.5 Million, led by Orange County-based investor Brinderson Holdings, was completed earlier this year. The TickEx site, which launched in Britain in the spring of 2007 and in the US in...
November 09 2007
ExaGrid Systems Receives $20 Million In New Round Of Funding
ExaGrid Systems, Inc., the leader in cost-effective and scalable disk-based backup solutions with byte-level data de-duplication, recently announced that it has received an additional $20 million of funding led by new investor...
November 09 2007
Certiport Receives Private Equity Funding
Certiport recently announced it has received an investment from a private equity firm based in New York to accelerate its long-range global expansion goals in assessment, training and certification. Spire Capital invests in...
November 07 2007
Hidden City Games Closes $15 Million Venture Capital Round
Hidden City Games, worldwide distributor of Bella Sara trading cards and online world for girls, has raised $15 million in strategic venture capital from Rustic Canyon Partners and Trinity Ventures. The funds will be used to ...
November 07 2007
Seanodes Secures $6.5 Million in Latest Funding Round
Seanodes, which launched in the US at Storage Networking World in Dallas last month, recently announced the closure of a $6.5 million funding round led by investment firm 123Venture and GALIA Gestion that will propel...
November 05 2007
Diagnostic Equipment Company Trivitron Raises $11 Million in Venture Capital Investment
Chennai-based diagnostic equipment company Trivitron Medical Systems Pvt Ltd will get a funding of $ 11 million from HSBC Private Equity and venture capital firm ...
November 05 2007
Specific Media Secures $100 Million in Series B Funding
Specific Media, the number three-ranked advertising network according to the September comScore rankings, recently announced that it has closed a Series B financing with Francisco Partners, a leading technology-focused private equity firm with approximately...
October 30 2007
Vitrue Closes $10 Million Series B Venture Capital Financing
Vitrue, the video-centric social media company, recently announced that it has closed a $10 million Series B round of financing led by Dace Ventures, with continued participation from major media companies Comcast Interactive Capital and ...
October 30 2007
FiveRuns Secures $6.2 Million in Venture Capital Funding
FiveRuns, a pioneer of monitoring products for Ruby on Rails and other popular open source and commercial systems, announced recently it has secured $6.2 million in funding from Austin Ventures. The funding will be used to ...
October 26 2007
Rapport Completes Growth Round Funding of $18.5 Million
Resolute Solutions Corporation, a technology consulting firm that leverages its expertise Rapport, Inc. recently announced the closing of $18.5 million in Series C financing led by Centurion Holdings. These funds will be used to expand growth in the government and commercial sectors for ...
October 26 2007
Levanta Secures $8 Million in Venture Capital Funding
High Throughput Genomics, Inc., (HTG) a provider of novel microplate-based gene Levanta, the leader in Linux data center automation, recently announced that it has closed an $8 million funding round to help further accelerate its move into ...
October 24 2007
Resolute Announces First Preferred Investment Round of $7.6 Million
Resolute Solutions Corporation, a technology consulting firm that leverages its expertise in custom development and mobile learning to deliver end-to-end business solutions, recently announced that...
October 24 2007
High Throughput Genomics Receives $10 Million in Series C Financing
High Throughput Genomics, Inc., (HTG) a provider of novel microplate-based gene expression assay technology and services for the pharmaceutical and life sciences industries, recently announced it has closed the first tranche of ...
October 22 2007
TPI Composites Raises 22 Million in Growth Equity Financing
TPI Composites, Inc., a leading manufacturer of large-scale composite structures for the wind energy, transportation, and military vehicle markets, announced recently that it has closed $22 million in Series A Convertible Preferred equity financing from...
October 22 2007
MOBIVOX Secures $11 Million in Series A Venture Capital Funding
MOBIVOX, which makes it possible to connect with family and friends around the world for free from any phone, recently announced it has received $11 million in Series A venture capital funding from top-tier investment funds in...
October 15 2007
Xcellerex Raises $31 Million in Series C Financing
Xcellerex, Inc. announced recently that it has raised $31 million in a Series C financing to advance the development and commercialization of its proprietary FlexFactory manufacturing system and XDR bioreactors for the production of...
October 15 2007
M3 Technology Group Secures $6.5 Million In Expansion Financing
M3 Technology Group, a vendor-neutral provider of expertise in customized professional and enterprise communications infrastructure services, recently announced that the company has closed $6.5 million in expansion funding from...
October 10 2007
AirInSpace Raises $8.5 Million in Series B VC Financing
AirInSpace, the leading supplier of mobile ‘catch and kill’ bio-protection devices in the French medical market, announced recently that it has closed on an $8.5 million Series B round of...
October 10 2007
Podaddies Closes $1 Million in Funding
Podaddies, a new online video advertising company, recently announced it has closed its first round of angel funding of just over $1 million. Well-known startup investors led the funding: The Band of Angels and...
October 03 2007
Zag Closes Equity Financing with $13.5 Million
Zag, an automotive retail innovator, reached its financing goal with $13.5 million in funding, led by Capricorn Investment Group. Since launching in April 2005, Zag has raised over $46 million in equity capital and...
October 03 2007
Konarka Secures $45 Million in Private Capital Financing
Konarka Technologies, Inc., an innovator in development and commercialization of Power Plastic®, a material that converts light to energy, recently announced it has raised $45 million in private capital financing. The financing was led by...
October 01 2007
Focus Enhancements Completes $5.4 Million in Equity Financing
Focus Enhancements, Inc., a worldwide leader in video production, PC-to-TV conversion and Ultra Wideband (UWB) wireless, recently announced it entered into agreements for $5.4 million of gross proceeds of new equity financing for ...
October 01 2007
Waterfront Media Closes $25 Million in Series D Financing
Waterfront Media, the largest privately held online health company, announced recently that it has closed $25 million in its fourth round of funding. Scale Venture Partners led the round and was joined by...
September 28 2007
Mashery Secures New Venture Capital Funding
Mashery, a leading provider of solutions to help companies build, promote, support and manage access to web services and data via an Application Programming Interface (API), recently announced...
September 28 2007
XOJET Secures $363 Million in Equity and Debt Financing
XOJET, the world’s fastest-growing private aviation company, recently announced the close of $143 million in equity and debt financing from TPG and Lehman Brothers GPS, and an additional $220 million in aircraft lease financing from...
September 26 2007
Xangati Raises $10.7 Million in Series B Funding
Xangati, the provider of the industry’s first rapid problem identification (RPI) appliances for enterprise networks, announced recently that that it has closed its Series B funding round, bringing its total funding to ...
September 26 2007
Hartville Group, Inc. Receives $2 Million of Funding
Hartville Group, Inc., a provider of health insurance plans for domestic pets, recently announced that it has successfully obtained $2 million in funding from existing investors. The funding provides Hartville with additional...
September 24 2007
Allied Capital Invests $25 Million in Bojangles Restaurants
Allied Capital Corporation announced recently that it has invested $25 million to support the buyout of Bojangles' Holdings, Inc. by private equity group Falfurrias Capital Partners. Allied Capital's investment took the form of...
September 24 2007
Pentadyne Power Secures $14 Million Venture Investment
Pentadyne Power Corporation, the world's leading commercial manufacturer of clean energy storage systems using advanced composite flywheel technology, announced recently that Loudwater Investment Partners have led a...
September 21 2007
NemeriX Receives $22 Million in Series C Venture Capital Funding
NemeriX, a leading A-GPS solution provider based near Lugano, Switzerland, closed a $22m financing round. All existing investors (Atila Venture Partners, Auriga Partners, Oak Investment Partners, PolyTechnos Venture-Partners and...
September 21 2007
PeopleCube Secures $17 Million in New Venture Capital Funding
PeopleCube, the leader in on-demand calendaring, resource and event management solutions, recently announced it has received a new round of funding through the purchase of all outstanding shares in the company by...
September 17 2007
LDR Raises $25 Million in Series C Round
LDR, a privately held company with innovative spinal implants for both non-fusion and fusion applications, has completed a $25 Million Series C funding round. Telegraph Hill Partners led the investment along with...
September 17 2007
Vantrix Secures $12 Million in Series B Funding
Vantrix Corporation, a leading provider of mobile multimedia adaptation and delivery solutions, today announced that it has secured $12 Million in Series B financing, led by Chicago-based JK&B Capital. Existing investors ...
September 10 2007
VideoEgg Secures $15 Million in Venture Capital Funding
VideoEgg. Inc., the leading video advertising network for online communities, recently announced that it has secured $15 million funding led by Focus Ventures. WPP, August Capital, and...
September 10 2007
Groove Mobile Secures $6 Million in Venture Capital Funding
Groove Mobile, the world’s leading mobile music service provider, announced recently that it has received an additional $6 million in funding from ORIX Venture Finance, bringing its total capital raised to...
September 03 2007
NeurAxon Announces $32 Million Series B Venture Capital Financing
NeurAxon Inc., a developer of next generation pain therapeutics targeting neuronal nitric oxide synthase (nNOS), announced recently that it has closed a $32 million Series B Financing. The financing was led by...
September 03 2007
Syntax-Brillian Announces $20 Million Strategic Investment
The investment comprises 3,083,945 shares of common stock priced at $6.4852 per share. There were no warrants issued in connection with this...
September 01 2007
Presidio Pharmaceuticals Closes $26 Million Series B Financing
Presidio Pharmaceuticals, Inc, a specialty pharmaceutical company focused on developing and commercializing novel, small molecule compounds for the treatment of...
September 01 2007
TeleSphere Announces Investment by Hawkeye Capital
TeleSphere, a Phoenix-based managed telecommunications and Internet services provider, announced recently that Hawkeye Capital, LLC, a venture capital firm led by ...
August 31 2007
BridgeCo Closes $17 Million in Latest Venture Finance Round
BridgeCo Inc., a leading provider of digital home networking solutions, recently closed a venture financing round. The provider of processor IC and...
August 31 2007
Jive Software Receives $15 Million from Sequoia Capital
Jive Software, a developer of award-winning collaboration software, recently announced it has received $15 million in funding from Sequoia Capital. Jive Software, which has been profitable since...
August 28 2007
Inotek Pharmaceuticals Secures $19 million Financing
Inotek Pharmaceuticals Corporation announced recently that it has closed a Series C financing, raising $19.3 million. All of Inotek’s previous investors participated in the round, including...
August 28 2007
Progressive Gaming Completes $31 Million Strategic Financing
Progressive Gaming International Corporation, announced recently that it has closed the previously announced strategic investment in the Company. Transaction proceeds of...
August 27 2007
Metacafe Raises $30 Million in Series C Financing
Metacafe, whose more than 25 million unique viewers each month make it one of the world’s largest video sites, recently announced it has raised...
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