Deal Announcements

Thursday, January 29, 2015

  •  Brammo Banks Venture Capital Debt and Equity

    Thursday, January 29, 2015 5:46:00 AM PDT | VentureDeal

       Talent, Oregon  --  Electric motorcycle manufacturer Brammo has landed $12.5 million in additional venture capital debt and equity investment, according to an SEC regulatory filing.

    Brammo develops and sells a line of advanced all-electric motorcycles for individuals and fleets.

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

    Brammo has previously raised in excess of $80 million in several rounds of financing.

    The company is backed by venture capital and private equity firms, as well as a strategic investor.
  •  Advance Health Adds $40 Million Growth Capital

    Thursday, January 29, 2015 5:33:00 AM PDT | VentureDeal

       Chantilly, Virginia  --  Healthcare technology company Advance Health has landed $40 million in growth stage venture capital investment.

    Advance combines a proprietary mobile workflow technology with care providers that it says yields "better outcomes for our clients and their health plan members."

    Summit Partners led the round, which also included Noro-Moseley Partners.

    Advance said it would use the funding to "continue product innovation, broaden market awareness and expand its sales and services capabilities."

    Company CEO is Brian Wise, previously COO of Amerigroup Virginia.

Wednesday, January 28, 2015

  •  USGI Medical Nets Venture Capital Equity and Debt

    Wednesday, January 28, 2015 5:46:00 AM PDT | VentureDeal

    San Clemente, California  --  Medical device technology company USGI Medical has landed $19.5 million in venture capital debt and equity financing.

    USGI has developed an operating system to allow complex surgical procedures utilizing only the natural passageways of the G.I. tract for access.

    Investors in the financing were not disclosed.

    The company said the funding would be used to extend the commercial launch of its primary obesity surgery endomumenal product in Europe and the Middle East and to begin commercialization activities in the US.

    Proceeds will also fund a crossover study and other related studies.
  •  Beckon Raises Series B Venture Capital

    Wednesday, January 28, 2015 5:31:00 AM PDT | VentureDeal

    San Mateo, California  --  Digital media technology company Beckon has received $13 million in its second round of institutional venture capital funding.

    Beckon has combined data management, planning, reporting and analytics in a single performance management platform for marketers.

    Venrock led the round, which also included previous investors August Capital and Canaan Partners.

    Proceeds purposes were not disclosed.

    Beckon previously raised $10 million for its first investment round in April, 2014.

Tuesday, January 27, 2015

  •  InterValve Secures $3 Million Venture Capital Debt

    Tuesday, January 27, 2015 5:46:00 AM PDT | VentureDeal

       Minnetonka, Minnesota  --  Medical device technology company InterValve has received $3 million in venture capital debt investment.

    InterValve is developing a next-generation aortic valvuloplasty balloon for the treatment of calcific aortic stenosis.

    Oxford Finance made the loan.

    InterValve said it would use the funding proceeds for product line expansion and the ongoing commercialization of its lead balloon catheter.

    The company's previous financing event was an undisclosed amount of funding received in August, 2014.
  •  Bluesmart Snags $2 Million Venture Capital

    Tuesday, January 27, 2015 5:31:00 AM PDT | VentureDeal

       Mountain View, California  --  Electronics technology company Bluesmart has secured $2 million in new venture capital equity investment.

    Bluesmart says that it creates "unique physical products combined with software applications that help people travel better and smarter."

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

    Diego Saez-Gil is the co-founder and CEO of the company.

    Bluesmart recently graduated from the Y Combinator accelerator program.

Monday, January 26, 2015

  •  Kaminario Lands Additional $15 Million Funding

    Monday, January 26, 2015 5:46:00 AM PDT | VentureDeal

       Newton, Massachusetts  --  Storage technology company Kaminario has received an additional $15 million in financing, to add to its $53 million previously raised.

    Kaminario says that it is "leading the revolution in flash storage by creating a fundamentally new and better way to store and retrieve performance-sensitive data."

    Lazarus Hedge Fund made the investment.

    Kaminario said it will expand into five new regions in Europe with the additional financing.

    In December, 2014, the company raised $53 million from a large syndicate of top-tier venture capital, corporate and venture lender firms.
  •  Brandfolder Bags $2 Million Venture Capital Equity

    Monday, January 26, 2015 5:33:00 AM PDT | VentureDeal

       Denver, Colorado  --  Digital media company Brandfolder has secured $2 million in new venture capital equity funding.

    Brandfolder helps companies create branding and marketing materials such as logos and media kits.

    Investors in the financing were not disclosed.

    The company said the funding will be used to double its sales and marketing team and customize the product for new market verticals.

    Brandfolder was incubated at Techstars Boulder.

Friday, January 23, 2015

  •  Digabit Nets Venture Debt and Equity

    Friday, January 23, 2015 5:46:00 AM PDT | VentureDeal

       Lakewood, Colorado  --  Software technology company Digabit has landed $600,000 in venture capital equity and debt, according to an amended SEC regulatory filing.

    Digabit has developed Documoto, a technology that enables companies to provide interactive parts catalogs in the cloud.

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

    Digabit is still seeking $400,000 in additional financing, according to the filing.

    Minimum investment size per investor was listed as $25,000.
  •  Bluecore Banks $6 Million Series A Funding

    Friday, January 23, 2015 5:33:00 AM PDT | VentureDeal

       New York, New York  --  E-Commerce technology company Bluecore has landed $6 million in its first round of institutional venture capital.

    Bluecore helps websites detect user behavior and provide automated email recipes such as cart abandonment and winback capabilities via its TriggerMail system.

    FirstMark Capital led the round, which also included Felicis Ventures, Founder's Co-Op and Bullet Time Ventures.

    The company said it would use the funding to scale its product, expand key functional teams and invest in customer service initiatives.

    Bluecore was previously known as TriggerMail and changed its name  in conjunction with the funding announcement.

Deal Announcement Archive »

Technology News

Thursday, January 29, 2015

  •  XAPPmedia Partners With jacapps To Create JAX

    Thursday, January 29, 2015 5:16:00 AM PDT | VentureDeal

       Washington, DC  --  Audio advertising technology company XAPPmedia has partnered with jacapps for a new advertising service.

    Called JAX, the mobile audience premium advertising service will integrate the XAPP Interactive Audio Ad Service into the mobile platform created by Jacobs Media, jacapps.

    The purpose of the integration is to allow commercial and public radio stations to monetize their mobile apps with XAPP ads.

    JAX implementation will further enable consumers to connect with brands and engage with advertised offers delivered over mobile radio simply by voice-activated speech.

    XAPPmedia says that voice-activated engagement can drive conversion rates up to five times higher than mobile banner ads.
  •  Austin Chamber Targets Space Exploration Jobs

    Thursday, January 29, 2015 5:01:00 AM PDT | VentureDeal

       Austin, Texas  --  The Austin Chamber of Commerce has announced the addition of the Space Technology & Exploration industry for future economic development.

    Announced at the Chamber's annual meeting, the new initiative is a five-county economic development program spearheaded by its Opportunity Austin effort.

    The group believes that commercial space exploration will be a potential significant driver of diversity of business in the region and create additional opportunities for other sectors such as energy, medicine and cloud technology.

    A number of local community leaders have also formed the Greater Austin Space Economy Task Force to further explore the potential for a space economy in the central Texas region.

    Separately, the McCombs School of Business at the University Of Texas at Austin will be launching a Masters degree program in Space Entrepreneurship beginning in May of this year.

Wednesday, January 28, 2015

  •  ChannelAdvisor Unveils Strategic Integration With Jet

    Wednesday, January 28, 2015 5:17:00 AM PDT | VentureDeal

       Research Triangle Park, North Carolina  --  E-commerce provider ChannelAdvisor Corporation (NYSE: ECOM) has announced the addition of to its flagship platform.

    According to ChannelAdvisor, the addition provides its customers with an opportunity to easily list their products on coinciding with its official public launch.

    Jet is developing a retailer-friendly, membership-based e-commerce marketplace covering categories such as electronics, consumables, sporting goods, appliances, home goods and other categories.

    The Jet Marketplace intends to incentivize consumers to shop in ways that reduce retailer costs, so the retailer can manage order-level profitability through preset rules.

    Prices will be adjusted dynamically based on variables such as customer location, number of items per card, item return options and cart value.

    Jet has received $80 million in financing from top-tier venture capital firms such as New Enterprise Associates, Accel Partners and Bain Capital Ventures.
  •  Misfit Debuts Wearable Control Integrations

    Wednesday, January 28, 2015 5:00:00 AM PDT | VentureDeal

       Burlingame, California  --  Wearable technology company Misfit has announced the integration of its flagship product with wearable controls.

    Flash Fitness and Sleep Monitor will now integrate with Spotify, Next, IFTTT, Logitech, Yo and others, for a variety of applications and functionalities.

    The Misfit Flash is a device that measures steps, calories, distance, sleep quality and duration.

    The device requires no charging and synchronizes wirelessly with the Misfit app for either iOS or Android mobile platforms.

    Misfit was founded in 2011 by Sonny Vu with John Sculley, former CEO of Apple and Pepsi.

Tuesday, January 27, 2015

  •  Dell Partners With Lastline On Threat Detection

    Tuesday, January 27, 2015 5:16:00 AM PDT | VentureDeal

       Redwood City, California  --  Dell SecureWorks has announced a partnership with global breach detection provider Lastline.

    Under the terms of the partnership, Dell is combining its SecureWorks threat intelligence system with the Lastline Breach Detection Platform.

    The result of the combination will provide an Advanced Malware Protection and Detection (AMPD) service to the market.

    The service is a fully managed security service that continuously monitors and inspects email, file and web traffic on a network.

    The offering combines Dell's purpose-built appliances and Lastline's advanced analysis engines.

    Furthermore, alerts and suspicious behaviors are viewed and monitored by a specialized analyst team within Dell SecureWorks.
  •  Vserv Launches Aqua Native Advertising

    Tuesday, January 27, 2015 5:01:00 AM PDT | VentureDeal

       Mumbai, India  --  Mobile technology company Vserv has announced the launch of a new native advertising format.

    Called Vserv Aqua Native, the advertising format displays ads that are customized by the environment, design and layout of the app or site.

    The format can deliver up to 5,760 different permutations of an ad unit to be displayed on the application or site.

    Publishers can also fully customize the ad based on their requirements via the Vserv Smart Data platform.

    The company says that 25% more consumers notice native adds, resulting in better conversion rates.

    Vserv was founded in 2010 and says that it has 500,000,000+ unique users, with offices in the USA, UK, India, Asia and South Africa.

Monday, January 26, 2015

  •  Stream Expands Mobile Services Nationwide

    Monday, January 26, 2015 5:16:00 AM PDT | VentureDeal

    Dallas, Texas  --  Stream said that it has launched its mobile services to a nationwide market.

    Stream says that it is a "premier nationwide provider of essential home services."

    Those home services include energy services in deregulated energy markets, identity protection, technology support, credit monitoring and now mobile connectivity services.

    Stream was founded in 2005 and says that it has generated more than $7 billion in total revenue.

    The company also says that it is one of the largest direct selling companies in the global energy market.
  •  Dominion Dealer Launches Comprehensive Dashboard

    Monday, January 26, 2015 5:00:00 AM PDT | VentureDeal

       Norfolk, Virginia  --  Dominion Dealer Solutions has announced the launch of a new comprehensive reporting dashboard for auto dealers.

    Called the Market Center Digital Dashboard, the single portal allows dealers to view a variety of critical metrics across digital marketing channels.

    Customers can view results from responsive websites, inventory management systems, reputation management and social media to get a better idea of the impact of their performance in each area.

    The dashboard was designed primarily for dealer principals and general managers to be able to access real-time for in time business metrics.

    The company says it intends to add enhancements in the first half of 2015, including the ability to view marketing metrics from email, newsletters and paid search engine marketing. T

Friday, January 23, 2015

  •  Ipanema Launches Central Management for The Cloud

    Friday, January 23, 2015 5:14:00 AM PDT | VentureDeal

       Paris, France  -- Application performance technology company Ipanema Technologies has announced the launch of its first cloud-based service.

    Called IpanemaCloud Central Management, the service "allows VARs, MSPs and telcos to reduce time-to-market by months, offering them easy access to Ipanema's platform to quickly deliver...managed services to their customers."

    Features include security compliance with standards such as ISO 27001 using secure service portal authentication, automatic release management and the ability to move from the cloud to an on-premise environment.

    Ipanema says that the new service leverages its carrier class management software along with Rackspace hosting and capabilities.

    The company said it is the first of a series of cloud-based services it will roll out.
  •  Indiana and Texas Announce Hackathon Challenge

    Friday, January 23, 2015 5:00:00 AM PDT | VentureDeal

       Austin, Texas  --  The states of Indiana and Texas have announced the launch of a new civic hackathon challenge.

    Called the Indiana Texas Challenge, the competition will pit the residents of both states against each other to create applications to support entrepreneurship and digital government innovation.

    The challenge will be an opportunity for software developers, entrepreneurs and concerned citizens to build new solutions via software and publicly released data sets.

    The competition is scheduled to start on January 31 and conclude on February 23.

    Each state will award a winner, which will earn $4,000. The grand prize winner of the entire competition will receive an additional $4,000.

Technology News Archive »

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