Deal Announcements

Friday, December 19, 2014

  •  First Opinion Gets First VC Financing

    Friday, December 19, 2014 5:46:00 AM PDT | VentureDeal

       San Francisco, California  --  Internet technology company First Opinion has landed $6 million in its first round of VC financing.

    First Opinion provides an online service that matches patients with doctors.

    Polaris Partners led the round, which included True Ventures, Felicis Ventures, Scrum Ventures and Monashees Capital.

    The company said it would use the funding to expand its network of doctors and grow internal infrastructures.
  •  CardioDx Raises $35 Million Venture Funding

    Friday, December 19, 2014 5:31:00 AM PDT | VentureDeal

       Redwood City, California  --  Medical device technology company CardioDx has secured $35 million in its fourth round of venture capital investment.

    CardioDx has developed genomic tests to aid in assessing and tailoring care of individuals with cardiovascular diseases.

    AIMco and existing investors made the investment.

    The company said the funding would enable it to broaden the commercial use of its Corus CAD blood test that measures the likelihood of obstructive coronary artery disease in symptomatic patients.

Thursday, December 18, 2014

  •  Adelphic Adds Series B Financing Round

    Thursday, December 18, 2014 5:16:00 AM PDT | VentureDeal

      Waltham, Massachussetts  --  Mobile technology company Adelphic Mobile has landed $11 million in its second round of venture capital funding.

    Adelphic has developed a predictive data platform that helps advertisers efficiently buy targeted mobile media at scale.

    Blue Chip Venture Company led the round, which also included Matrix Partners and Google Ventures.

    The company plans to expand its headcount over the next year.
  •  Hubba Clears Seed Venture Funding

    Thursday, December 18, 2014 5:01:00 AM PDT | VentureDeal

       Toronto, Canada  --  Internet technology company Hubba has raised $3.1 million in seed venture capital financing.

    Hubba is developing an online service that disseminates digital product information for brands and retailers.

    Investors in the round included Brightspark and The Social+Capital Partnership.

    The funding will be used to accelerate the company's early growth activities.

Wednesday, December 17, 2014

  •  Clever Clears $30 Million Venture Equity Funding

    Wednesday, December 17, 2014 5:46:00 AM PDT | VentureDeal

       San Carlos, California  --  Education technology company Clever has received $30 million in new growth stage venture investment.

    Clever says that its mission is to "make powerful educational software easy to build an easy to deploy."

    Lightspeed Venture Partners led the round, which also included Sequoia Capital, GSV Capital and Peter Thiel.

    The company said it would use the new investment to accelerate its growth initiatives.
  •  SERVIZ Closes Series B Venture Funding

    Wednesday, December 17, 2014 5:01:00 AM PDT | VentureDeal

       Los Angeles, California  --  Home services technology company SERVIZ has secured $12.5 million in its second round of equity financing.

    SERVIZ says that it aims to disrupt the $400 billion home services industry by enabling users to schedule home services appointments from its job allocation platform.

    The company says it provides on-demand home repairs covering more than 300 service types across categories such as handyman, plumbing, carpet cleaning, appliance repair and electrical.

    Repair personnel are background-checked, licensed and insured.

    PointGuard Ventures led the round and the company says it has raised $20 million of equity financing to date.

Tuesday, December 16, 2014

  •  Drivemode Garners Seed Venture Investment

    Tuesday, December 16, 2014 5:46:00 AM PDT | VentureDeal

       San Jose, California  --  Mobile technology company Drivemode has secured $2 million in seed stage venture capital funding.

    Drivemode is developing a mobile application that assists drivers in more safely navigating from their smartphone.

    The company is backed by Tokyo-based Incubate Fund.

    Drivemode is launching for a select group of beta testers in the US.
  •  InnRoad Lands $1 Million Venture Capital Debt

    Tuesday, December 16, 2014 5:31:00 AM PDT | VentureDeal

       New York, New York  --  Software technology company innRoad has raised $1 million in venture capital debt investment, according to an SEC regulatory filing.

    InnRoad has developed hotel software that integrates property management, global distribution, bookings and marketing in a single platform.

    Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

    InnRoad is still seeking $233,000 in additional financing, according to the filing.

Monday, December 15, 2014

  •  Grow Grabs Seed Venture Funds

    Monday, December 15, 2014 5:46:00 AM PDT | VentureDeal

       Provo, Utah  --  Software technology company Grow has raised $1.5 million in seed stage venture capital financing.

    Grow is developing dashboard software that "makes it easy for executives and teams at small and medium companies to track the right metrics."

    Kickstart Seed Fund, Pelion Venture Partners and others participated in the financing.

    The company did not disclose how the funding proceeds were to be used.
  •  CellTrust Collects Series A Venture Financing

    Monday, December 15, 2014 5:31:00 AM PDT | VentureDeal

       Scottsdale, Arizona  --  Mobile software developer CellTrust has landed $10.5 million in its first round of venture capital investment.

    CellTrust has developed Secure Mobile Information Management software and related subscription services for consumers and the B2B market.

    Kayne Partners made the investment.

    The company said it would use the funding proceeds to fulfill customer demand, expand its team and continue building out its infrastructure.

Deal Announcement Archive »

Technology News

Friday, December 19, 2014

  •  Time Partners With IFTTT On Content Delivery

    Friday, December 19, 2014 5:14:00 AM PDT | VentureDeal

       New York, New York  --  Media giant Time (NYSE: TIME) has partnered with IFTTT to provide new ways for audiences to receive Time's digital content.

    The new service will initially launch with five Time titles launched as channels on IFTTT.

    The channels will be Entertainment Weekly, InStyle, PEOPLE, Sports Illustrated and TIME.

    The system will be powered by Time's OneBot social trending tool that enables users to receive customized notifications for the company's content.
  •  CommerceHub Acquires Mercent For Omni-Channel Solutions

    Friday, December 19, 2014 5:00:00 AM PDT | VentureDeal

       Albany, New York  --  E-Commerce technology company CommerceHub has announced its intention to acquire Seattle-based Mercent.

    CommerceHub provides a virtual inventory platform that integrates retailers with a network of drop-ship suppliers.

    The Mercent acquisition promises to provide an enterprise scale platform to enable "retailers to expand their product assortment, generate greater demand and optimize customer delivery from any source of supply."

    CommerceHub said that it has enabled more than $8 billion in gross merchandise value in the prior 12 months.

Thursday, December 18, 2014

  •  Yext Makes First International Acquisition

    Thursday, December 18, 2014 5:46:00 AM PDT | VentureDeal

       New York, New York  --  Location information technology company Yext said that it is accelerating its European expansion with a new international acquisition.

    The company has acquired Netherlands-based InnerBalloons for $8 million.

    The target company provides presence management for 15,000 Dutch businesses.

    Yext hopes that the acquisition will also provide it with extensive experience and market knowledge that will help it expand throughout Europe.
  •  Zettics Debuts Analytics Solution for Network Operators

    Thursday, December 18, 2014 5:31:00 AM PDT | VentureDeal

       Concord, Massachusetts  --  Analytics technology company Zettics has announced a new solution for network operators that combines usage and network data into a single platform.

    Called Zettics 9.0, the system provides 10 pre-built insights running on Hadoop to have a 360° view of what subscribers are doing and their experience.

    For example, the Customer Experience Management Insight provides hourly reporting on critical KPIs and scores how each subscriber is utilizing the network.

    The system also adds functionality for marketing and monetization programs.

Wednesday, December 17, 2014

  •  SCRA Technology Ventures Accepts New Companies

    Wednesday, December 17, 2014 5:31:00 AM PDT | VentureDeal

       Columbia, South Carolina  --  SCRA Technology Ventures announced that it has accepted five new companies into its SC Launch Program.

    The Charleston area companies are GreenTex Solutions and Job Market Maker. The Greenville area companies are Accessible Diagnostics, Aptus and Constructis.

    The companies receive mentoring and support services and are eligible to receive matching funding or larger investment funds at a later date.

    SCRA says that it has deployed over $84 million in funding since 2006, with $19 million directly invested into 71 South Carolina-based startup companies.
  •  FitAd Launches Wearable Advertising Platform

    Wednesday, December 17, 2014 5:16:00 AM PDT | VentureDeal

       New York, New York  --  Advertising technology company FitAd says that it has launched what it calls the first-ever mobile and wearable advertising platform.

    Designed for fitness and health oriented brands and publishers, the platform delivers targeted advertisements to its network that extends to 50 million monthly app and mobile site users.

    The company cited recent research that indicates that fitness application usage is growing 87% faster than the overall app market.

    Companies can participate in its network in three ways, via a software developer kit, in its private marketplace or with access to seasonal and event driven sponsorship opportunities.

Tuesday, December 16, 2014

  •  Citybuzz Launches First Subway Advertiser

    Tuesday, December 16, 2014 5:16:00 AM PDT | VentureDeal

       New York, New York  --  Digital media technology company Citybuzz said that it has announced the first advertiser for its Wi-Fi program in subways.

    NBC 4 New york will run 7-second long native video content for users of free subway Wi-Fi.

    The Transit Wireless free Wi-Fi was launched on October 16.

    Citybuzz provides 60-second daily video news blasts and said that 33% of viewers watch the video to completion.
  •  IDG TechNetwork Expands to China

    Tuesday, December 16, 2014 5:00:00 AM PDT | VentureDeal

       New York, New York  --  IDG TechNetwork has announced the expansion of its operations to China starting this month.

    Called IDG TechNetwork China, the company operates an online advertising network for technology audiences.

    Upon launch, the network will provide programmatic buying opportunities for a portfolio more than 60 Chinese language magazines, newspapers and websites.

    IDG TechNetwork China is based in Beijing and is a fully owned unit of IDG China.

Monday, December 15, 2014

  •  SparkStarter Launches Friend Introduction App

    Monday, December 15, 2014 5:16:00 AM PDT | VentureDeal

       Minneapolis, Minnesota  --  SparkStarter has announced the launch of its mobile matchmaking application.

    The application enables people to play matchmaker for their single friends.

    The company says that its goal is to "ignite relationships through users' Facebook friends. SparkStarter requires the commonality of a mutual friend in order to connect to someone, making it a safe and trustworthy dating environment."

    SparkStarter said that it first launched a private beta version of the service in February 2014.
  •  Monsanto Touts Favorable USDA EIS

    Monday, December 15, 2014 5:00:00 AM PDT | VentureDeal

       St. Louis, Missouri  --  Monsanto said that the US Department of Agriculture has published its final Environmental Impact Statement regarding its Roundup Ready family of products.

    The EIS concluded that the soybean and cotton Roundup products should be fully deregulated, "paving the way to provide access to dicamba-tolerant soybeans and cotton."

    The technologies promise to provide farmers with new tools to manage weeds and obtain better harvests.

    The USDA considered nearly 5,000 comments from farmers, academic and scientific experts during the comment period.

Technology News Archive »

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