News

Deal Announcements

Wednesday, July 30, 2014

  •  EyeNetra Nets $4 Million Venture Capital Equity

    Wednesday, July 30, 2014 5:45:00 AM PDT | VentureDeal

       Somerville, Massachussetts  --  Medical testing company EyeNetra has secured $4 million in additional venture capital funding, according to an SEC regulatory filing.

    EyeNetra has developed eye testing technology that promises to enable quality eye tests anywhere.

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

    EyeNetra has raised at least $7 million in financing since 2012.
  •  Censis Banks Venture Capital Investment

    Wednesday, July 30, 2014 5:30:00 AM PDT | VentureDeal

       Franklin, Tennessee  --  Software developer Censis Technologies has raised an undisclosed amount of institutional venture capital.

    Censis has developed software applications to track and control instruments and equipment.

    The Riverside Company made the investment.

    Censis did not say how it would use the new funding.

Tuesday, July 29, 2014

  •  LiquidM Lands Venture Capital Equity

    Tuesday, July 29, 2014 5:45:00 AM PDT | VentureDeal

       San Francisco, California  --  Digital media company LiquidM has secured $3.7 million in venture capital equity financing, according to an SEC regulatory filing.

    LiquidM has created a modular offering that enables agencies and trading desks to run their own advertising technology infrastructure on its platform.

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

    LiquidM is still seeking $128,000 in additional financing, according to the filing.
  •  ChoiceStream Gathers Series B Venture Capital

    Tuesday, July 29, 2014 5:30:00 AM PDT | VentureDeal

       Boston, Massachusetts  --  Internet technology company ChoiceStream has secured $7.5 million in its second round of venture capital funding.

    ChoiceStream provides personalization solutions for online services for consumers, e-retailers and Internet television providers.

    Fred Alger Management led the round which included other undisclosed investors.

    The company said it would use the funding to expand its platform.

Monday, July 28, 2014

  •  FameBit Bags More Seed Venture Capital Funding

    Monday, July 28, 2014 5:45:00 AM PDT | VentureDeal

       Toronto, Canada  --  Internet technology company FameBit has received $1.4 million in new seed stage venture capital financing.

    FameBit has developed a suite of technologies for video advertising campaign creation.

    Science led the round, was also included 500 Startups, DeNA and individual investor Allen DeBevoise.

    The company will use the funding to scale its operations.
  •  iTOK Collects $18 Million Venture Capital

    Monday, July 28, 2014 5:30:00 AM PDT | VentureDeal

       Lehi, Utah  --  IT company iTOK has secured $18 million in its second round of venture capital investment.

    iTOK provides technology support and service for consumers and small businesses globally.

    ABS Capital Partners led the round, which also included Signal Peak Ventures.

    The company said it would use the funds to expand its marketing efforts, research new products and further develop its existing products.

Friday, July 25, 2014

  •  Hortonworks Secures Strategic Venture Capital Funding

    Friday, July 25, 2014 5:45:00 AM PDT | VentureDeal

       Palo Alto, California  --  Software technology company Hortonworks has received $50 million in strategic investment.

    Hortonworks provides a range of support, training and development for the Apache Hadoop system.

    HP made the investment.

    The two companies plan to jointly develop Hadoop to run on HP's Haven big data platform.
  •  Atox Bio Nets $23 Million Venture Capital Investment

    Friday, July 25, 2014 5:30:00 AM PDT | VentureDeal

       Ness Zion, Israel  --  Biotechnology company Atox Bio has received $23 million in new venture capital and strategic investment.

    Atox is developing novel immune modulators for the treatment of patients in critical care situations.

    SR One led the round, which included other undisclosed investors.

    The company said it will initiate a late stage clinical study of its AB103 candidate for the treatment of necrotizing soft tissue infections.

Thursday, July 24, 2014

  •  ClassOwl Collects Seed Venture Capital Funding

    Thursday, July 24, 2014 5:45:00 AM PDT | VentureDeal

       Stanford, California  --  Education technology company ClassOwl has received $850,000 in venture capital financing.

    ClassOwl has created a social academic platform that "allows students to follow their classes and student groups in one place."

    Follett Knowledge Fund, Start X and Dorm Room Fund made the investment.

    The company plans to continue product development and release an Android version later this year.
  •  Airware Lands $25 Million Venture Capital Funds

    Thursday, July 24, 2014 5:30:00 AM PDT | VentureDeal

       San Francisco, California  --  Drone technology company Airware has secured $25 million in its second round of institutional venture capital funding.

    Airware develops customizable autopilot technologies for a variety of unmanned aerial vehicles.

    Kleiner Perkins Caufield & Byers led the round, which included previous investors Andreessen Horowitz and First Round Capital.

    The company will use the capital to expand its staff and prepare for the launch of its Aerial Information Platform.

Deal Announcement Archive »

Technology News

Wednesday, July 30, 2014

  •  SmartStory And Stayhealthy Team on Health Videos

    Wednesday, July 30, 2014 5:15:00 AM PDT | VentureDeal

       San Mateo, California  --  SmartStory Technologies and Stayhealthy have partnered to provide health oriented videos.

    Utilizing SmartStory's platform, health videos can delivered automatically to retail pharmacies at the point and time of need by end-users.

    Stayhealthy operates thousands of kiosks in pharmacies which will feature the videos as well as provide data about consumer usage.

    Videos are more likely to be viewed when compared to reading print, according statistics cited by the companies.
  •  Sharp Electronics Launches Smart Energy Storage

    Wednesday, July 30, 2014 5:00:00 AM PDT | VentureDeal

       Camas, Washington  --  Sharp Electronics announced the launch of a new energy storage solution.

    Called SmartStorage, the system keeps electric energy used by commercial and industrial buildings stored in reserve to be used during high demand periods.

    In addition to hardware, the system employs demand prediction capabilities in order to limit a facility's demand during peak periods based on the occupant's requirements.

    SmartStorage can be used as a stand-alone solution or deployed with a solar-electric installation.

Tuesday, July 29, 2014

  •  Dun and Bradstreet Launches New Supplier Risk Manager

    Tuesday, July 29, 2014 5:14:00 AM PDT | VentureDeal

       Short Hills, New Jersey  --  Dun & Bradstreet (NYSE: DNB) has announced the launch of the latest version of its supply chain risk management software.

    Called D&B Supplier Risk Manager 2.0, the software "helps businesses mitigate financial and operational instability, analyze risk and monitor distribution resources."

    Important enhancements include interface improvements and increased visibility into supply chains.

    The software also provides early warning capabilities to help red flag alerts to events that signify critical enterprise risk.
  •  Scottrade Supports Scivantage FinTech Incubator

    Tuesday, July 29, 2014 5:00:00 AM PDT | VentureDeal

       Jersey City, New Jersey  --  Investment services company Scottrade has signed on as a supporter of the Scivantage FinTech Incubator Program.

    The sponsorship promises to help the program by providing financial backing, guidance and insight to financial services industry entrepreneurs.

    Scivantage operates a 12 week incubator program focused on financial technologies and also provides a concluding Demo Day where participating startups may present to leading financial executives and investors.

    Startups also receive $25,000 in seed capital and a variety of in-kind services.

Monday, July 28, 2014

  •  Anthem Launches Live Video Doctor Visits

    Monday, July 28, 2014 5:15:00 AM PDT | VentureDeal

       Richmond, Virginia  --  Anthem Blue Cross and Blue Shield has announced the launch of a new way to see a doctor for non-emergency needs.

    Called LiveHealth Online, the service is available for members when their own doctor is not readily available.  Members can now use their smart phone, tablet or computer to have a live video visit.

    Non-members can also utilize the system, by registering and paying a typical per visit charge of $49.

    Anthem says telehealth is now a widely accepted mode of health communications, especially for rural areas with access challenges.
  •  WeatherBug Launches Amazon Fire Phone App

    Monday, July 28, 2014 5:00:00 AM PDT | VentureDeal

       Germantown, Maryland  --  WeatherBug has announced the launch of its flagship application on Amazon's Fire phone platform.

    The application provides weather information, alerting tools and special features to users who want to know about weather during and in advance of weather events.

    The application also takes advantage of the Fire phone's 3D special effects.

    WeatherBug is available on the Fire free of charge via the Amazon Appstore.

Friday, July 25, 2014

  •  Private Equity Principal Group Launches Association

    Friday, July 25, 2014 5:15:00 AM PDT | VentureDeal

       New York, New York  --  The Private Equity Principal Group (PEPG) has announced the launch of a new professional association.

    Designed for individuals at the Principal and VP levels in private equity firms in the US, the Association's aims are to provide a resource for members to assist them in taking the next step in their careers.

    PEPG will create networking opportunities, educational seminars and access to a knowledge sharing program.

    There is no cost to join the Association, however an application is required.
  •  Highland Capital to Launch Non-Traded Products

    Friday, July 25, 2014 5:00:00 AM PDT | VentureDeal

       Dallas, Texas  --  Investment management firm Highland Capital Management is gearing up to launch a suite of non-traded product offerings.

    The firm has hired nine new employees with strategic relationships in the independent broker-dealer channel that will help to expand Highland's reach into new markets.

    Highland is entering the non-traded space to broaden its product lineup in the alternative space as investors seek desired yields and returns.

    Island was founded in 1993 and has approximately $19 billion in assets under management across a range of public and private debt and equity investments.

Thursday, July 24, 2014

  •  HeadSmart Labs Launches To Reduce Head Injuries

    Thursday, July 24, 2014 5:15:00 AM PDT | VentureDeal

       Pittsburgh, Pennsylvania  --  HeadSmart Labs has announced it's official launch to advance research that will aid in preventing head and neck injuries sustained during helmet sport activities.

    The purpose of the effort will be to develop products, procedures and testing devices to reduce the number of concussions to athletes.

    The company cited American Medical Society for Sports Medicine statistics indicating that as many as 3.8 million concussions occur in the United States each year from competitive sports.

    HeadSmart will focus on promoting standards for helmets, understanding how helmets should be worn in determining the optimal pressures which helmets should be inflated.
  •  MakerBot To Launch Innovation Center at Florida Poly

    Thursday, July 24, 2014 5:00:00 AM PDT | VentureDeal

       Brooklyn, New York  --  3D printing company MakerBot has announced a partnership with the Florida Polytechnic University.

    As part of the University's grand opening in Lakeland, Florida, MakerBot will deliver more than 55 3D printers and scanners for university use by faculty and students.

    Florida Poly is the 12th and newest campus of the State University System of Florida and the only location dedicated exclusively to STEM curricula.

    The University's launch celebration will be held on Saturday, August 16 and the MakerBot Innovation Center will help it build a Rapid Application Development Makerspace.

Technology News Archive »

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