Deal Announcements

Friday, October 24, 2014

  •  Moov Collects Series A Venture Capital Funds

    Friday, October 24, 2014 5:46:00 AM PDT | VentureDeal

       Mountain View, California  --  Electronics technology company Moov has received $3 million in its first round of institutional venture capital financing.

    Moov is developing a wrist mounted electronic device for athletic monitoring.

    Banyan Capital Partners led the round, which included other undisclosed investors.

    The company said it would use the funding to integrate its technology into more fitness applications.
  •  Ello Lands Venture Capital Equity

    Friday, October 24, 2014 5:30:00 AM PDT | VentureDeal

       Burlington, Vermont  --  Internet technology company Ello has raised $5.5 million in early stage venture capital investment.

    Ello is developing a social network that is advertising-free and does not resell user data.

    Investors in the round included Foundry Group, Bullet Time Ventures and FreshTracks Capital.

    The company will use the funding proceeds to continue building out its online service.

Thursday, October 23, 2014

  •  HMicro Lands Series B Venture Capital

    Thursday, October 23, 2014 5:45:00 AM PDT | VentureDeal

       Los Altos, California  --  Wireless technology company HMicro has raised $5.5 million in its second round of institutional venture capital financing.

    HMicro is developing differentiated silicon solutions for embedded wireless applications.

    Seraph Group, X Seed Capital and others made the investment.

    The company did not say how the funding proceeds would be used.
  •  Ablative Solutions Secures Venture Capital Funds

    Thursday, October 23, 2014 5:32:00 AM PDT | VentureDeal

       Kalamazoo, Michigan  --  Medical device technology company Ablative Solutions has received $4.7 million in new venture capital equity funding, according to an SEC regulatory filing.

    Ablative has developed endovascular catheter technology as an alternative to surgical renal innervation for the treatment of hypertension and other diseases.

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

    Ablative is still seeking $3.2 million in additional financing, according to the filing.

Wednesday, October 22, 2014

  •  Benu Networks Bags More Venture Capital

    Wednesday, October 22, 2014 5:45:00 AM PDT | VentureDeal

       Billerica, Massachusetts  --  Wireless communications company Benu Networks has raised $27.7 million in new venture capital and strategic investment.

    Benu is developing next-generation networking and wireless communications products for residential broadband networks.

    Investors in the round included Liberty Global, Spark Capital, Sutter Hill Ventures, Comcast Ventures and Arris.

    The company did not say how the funding proceeds would be used.
  •  Cazena Collects Series A Venture Capital Funds

    Wednesday, October 22, 2014 5:30:00 AM PDT | VentureDeal

       Acton, Massachusetts  --  Software technology company Cazena has secured $8 million in its first round of institutional venture capital funding.

    Cazena aims to "radically simplify and speed up access to big data, allowing much faster business outcomes at a fraction of the cost."

    Investors in the round included Andreessen Horowitz and North Bridge Venture Partners.

    Proceeds purposes were not disclosed by the company.

Tuesday, October 21, 2014

  •  AdNear Accepts $19 Million Venture Capital

    Tuesday, October 21, 2014 5:45:00 AM PDT | VentureDeal

       Singapore City, Singapore  --  Digital media company AdNear has landed $19 million in new venture capital investment.

    AdNear has developed a hybrid geo-location platform that utilizes location data to power digital advertisement delivery.

    Investors in the round included Telstra, Sequoia Capital and Canaan Partners.

    The company said it would use the funding to accelerate the expansion of its operations.
  •  HomeZada Raises Seed Venture Capital Funds

    Tuesday, October 21, 2014 5:30:00 AM PDT | VentureDeal

       El Dorado Hills, California  --  Internet technology company HomeZada has received $2.1 million in seed stage venture capital financing.

    HomeZada has developed online and mobile software that enables users to organize and manage their home better.

    Moneta Ventures led the round, which also included other undisclosed investors.

    The company said it would use the financing to expand its product development and marketing initiatives.

Monday, October 20, 2014

  •  Osmo Collects Series A Venture Capital

    Monday, October 20, 2014 5:45:00 AM PDT | VentureDeal

       Palo Alto, California  --  Electronics technology company Osmo has landed $12 million in its first institutional venture capital funding round.

    Osmo is developing electronic and software-based technologies to "promote social intelligence and creative thinking."

    Accel Partners led the round, which also included Upfront Ventures and K9 Ventures.

    The company did not specify how proceeds purposes would be used.
  •  Boostability Bags New Venture Financing

    Monday, October 20, 2014 5:30:00 AM PDT | VentureDeal

       Lehi, Utah  --  Internet technology company Boostability has raised an undisclosed amount of venture capital investment.

    Boostability has created technology that provides scalable SEO solutions to small local businesses.

    H.I.G. Capital made the investment.

    The company said it would use the funding to expand its service offering and accelerate its international growth initiatives.

Deal Announcement Archive »

Technology News

Friday, October 24, 2014

  •  First Data Debuts Mobile Loyalty Beacon Technology

    Friday, October 24, 2014 5:16:00 AM PDT | VentureDeal

       Atlanta, Georgia  --  Payment technology company First Data is introducing a new device to enhance mobile loyalty for local merchants.

    Called the Perka beacon, the device communicates wirelessly with the companion Perka app to enable increased customer engagement and a more personalized retail experience.

    Retailers simply place the beacon near the store entrance or point-of-sale and the beacon checks customers into stores automatically.

    The beacon supports both Apple iOS and Google Android mobile devices and is free to all current Perka subscriber merchants.
  •  CODY Systems To Launch Cobra Update

    Friday, October 24, 2014 5:00:00 AM PDT | VentureDeal

       Pottstown, Pennsylvania  --  Public safety information technology company CODY Systems announced that it will debut its updated flagship system later this week at the International Association of Chiefs of Police conference.

    The system, called, provides police with real-time one-stop tactical search capabilities.

    The latest update provides text message alerts and enhanced reporting via its network of state and local information sources aggregating hundreds of millions of records and target entity identification.

    The system will also provide support for handling data from sensors and Internet-aware devices, the so-called Internet of Things.

Thursday, October 23, 2014

  •  SoMedia Launches Video for Advertising

    Thursday, October 23, 2014 5:17:00 AM PDT | VentureDeal

       Vancouver, BC  --  SoMedia Networks (TSX-V: VID) has announced the launch of a new video content production and distribution solution.

    Called Scalable Video for Advertising and developed with platform technology company Yashi, the system enables marketers to order custom video advertising content anywhere in North America.

    In addition, the system provides advanced, targeted delivery of video products to prospects at any volume.

    Companies can be up and running on the system in as little as 14 days.
  •  Zoho Launches Subscription Management Service

    Thursday, October 23, 2014 5:01:00 AM PDT | VentureDeal

       Pleasanton, California  --  Software technology company Zoho has announced the launch of a new subscription management software application.

    Called Zoho Subscriptions, service enables users to "manage the entire subscriber lifecycle."

    Companies can run subscription-specific analytics reports that integrate data with Zoho's online accounting software.

    Pricing is $49 per month for 50 credit card transactions and $5 for every additional 50 card transactions.

Wednesday, October 22, 2014

  •  Acxiom And Weibo Launch Audience Platform

    Wednesday, October 22, 2014 5:16:00 AM PDT | VentureDeal

       Shanghai, China  --  Acxiom (NASDAQ: ACXM) and Weibo Corporation have announced a strategic partnership.

    Under the agreement, Weibo will utilize the Axciom Audience Operating System (AOS) to provide digital marketing services to its advertisers.

    The system enables marketers to plan, buy and optimize audiences across a variety of channels, devices and applications.

    Acxiom's Safe Haven technology also removes personally identifiable information (PII) and uses anonymized storage of contact history to support expanded analytics.
  •  Castlight Touts Lower Costs From Platform

    Wednesday, October 22, 2014 5:00:00 AM PDT | VentureDeal

       San Francisco, California  --  Castlight Health (NYSE: CSLT) highlighted a new study that associated the use of its software platform with lower costs.

    Focusing on three common medical services, the study concluded that costs were 14% lower for laboratory tests and 13% lower for advanced imaging.

    Researchers analyzed over 500,000 employee claims between 2010 and 2013.

    The study showed that claims payments were lower for all services examined for employees who used Castlight versus employees who did not use it to search for care.

Tuesday, October 21, 2014

  •  ePostal Launches Encrypted Email Services

    Tuesday, October 21, 2014 5:16:00 AM PDT | VentureDeal

       Wellsville, New York  --  ePostal Services has announced the launch of a private, secure, premium email service.

    ePostal says that it is now providing fully encrypted and secure email service at "zero cost" to customers.

    The company's patented technology supports Microsoft Outlook users upon launch.

    ePostal plans to expand its support capability to other email applications and Internet-based messaging systems.
  •  Lofty Launches Fine Art Marketplace

    Tuesday, October 21, 2014 5:00:00 AM PDT | VentureDeal

       New York, New York  --  Internet technology company Lofty has announced the launch of a new online marketplace.

    The service promises to streamline the process of buying and selling fine art and collectibles.

    Users can list and purchase auction items via the web platform or mobile application.

    The company says the service enables users to buy and sell for up to half the commission of traditional auction houses.

Monday, October 20, 2014

  •  Personalis Launches Enhanced Exome Test

    Monday, October 20, 2014 5:15:00 AM PDT | VentureDeal

       Menlo Park, California  --  Genomics diagnostic laboratory Personalis has announced the launch of the latest generation of its inherited genetic disease test.

    Called the ACE Clinical Exome Test, the test includes advances in assay design that targets almost all human genes.

    The test also augments the coverage of more than 8,000 medically associated genes.

    The company says that it has used its ACE technology since February 2013 to sequence thousands of samples and cases.
  •  Hitachi And OpGen Launch Early Access Program

    Monday, October 20, 2014 5:00:00 AM PDT | VentureDeal

       Gaithersburg, Maryland  --  Hitachi High-Technologies Corp. and OpGen announced the introduction of an early access program for its human chromosome mapping analytical service.

    Called Human Chromosome Explorer, the service combines OpGen's Whole Genome Mapping technology with a suite of bio informatics and data management applications from Hitachi.

    The service will enable customers to receive high resolution, high fidelity whole genome maps produced for human samples.

    These maps include automated, comprehensive reports of structural variations across the human genome, delivered via a cloud-based service.

Technology News Archive »


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