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Deal Announcements

Friday, August 29, 2014

  •  VentureDeal To Observe US Labor Day Holiday

    Friday, August 29, 2014 5:00:00 AM PDT | VentureDeal

       Menlo Park, California  --  Venture capital database VentureDeal will observe the U.S. Labor Day holiday.

    We will begin publishing again on Tuesday, September 2.

    VentureDeal Staff

Thursday, August 28, 2014

  •  Glassbeam Secures Venture Capital Investment

    Thursday, August 28, 2014 5:45:00 AM PDT | VentureDeal

       Santa Clara, California  --  Software company Glassbeam has landed $2 million in venture capital financings.

    Glassbeam is developing a technology platform for the Internet-of-Things space.

    VKRM Group led the round, which included other undisclosed investors.

    The company said it would use the funds to continue refining its platform - Glassbeam SCALAR.
  •  Datanyze Nabs $2 Million Seed VC

    Thursday, August 28, 2014 5:30:00 AM PDT | VentureDeal

       San Mateo, California  --  Software company Datanyze has raised $2 million in seed stage venture capital investment.

    Datanyze has created a discovery tool that examines websites and the technologies they use.

    IDG Ventures led the round, which included Google Ventures and others.

    Proceeds purposes were not disclosed by the company.

Wednesday, August 27, 2014

  •  Cognuse Collects Venture Capital Debt Funding

    Wednesday, August 27, 2014 5:45:00 AM PDT | VentureDeal

       San Diego, California  --  Medical device technology company Cognuse has raised $67,000 in venture capital debt financing.

    Cognuse develops systems and devices specifically for cognitive rehabilitation purposes.

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

    Cognuse is still seeking $600,000 in venture capital debt investment, according to the filing.
  •  The Honest Company Closes $70 Million Venture Capital

    Wednesday, August 27, 2014 5:30:00 AM PDT | VentureDeal

       Los Angeles, California  --  Family e-commerce portal The Honest Company has secured $70 million in new venture capital and private equity financing.

    The Honest Company aims to provide families with safe, convenient and affordable family essentials that are natural and non-toxic.

    Funds affiliated with Wellington Management Company led the round, which included numerous other existing and new investors.

    The company said it would use the funding to accelerate its growth.

Tuesday, August 26, 2014

  •  MedShape Lands More Venture Capital Equity

    Tuesday, August 26, 2014 5:45:00 AM PDT | VentureDeal

       Atlanta, Georgia  --  Medical device company MedShape has received $350,000 in venture capital equity investment, according to an SEC regulatory filing.

    MedShape manufactures a variety of medical biomaterial polymers and substances.

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

    MedShape is still seeking $3.3 million in additional financing, according to the filing.
  •  Aldea Pharma Closes Series B Venture Capital

    Tuesday, August 26, 2014 5:30:00 AM PDT | VentureDeal

       Redwood City, California  --  Aldea Pharmaceuticals has secured $24 million in new venture capital financing, according to a company statement.

    Aldea is developing treatments for individuals with acute alcohol intoxication and for sufferers of Fanconi anemia disease.

    Investors included RusnanonMedInvest, WuXi PharmaTech, Canaan Partners and Correlation Ventures.

    The company will use the funds to advance its lead candidates through continued development and trials.

Monday, August 25, 2014

  •  FeeX Lands Series B Venture Capital Round

    Monday, August 25, 2014 5:45:00 AM PDT | VentureDeal

       New York, New York  --  Financial services company FeeX has received $6.5 million in second round venture capital investment.

    FeeX is developing a service that provides fee information to people who invest via mutual funds.

    Horizon Ventures led the round, which also included Blumberg Capital.

    The company will use the funding to expand its service to other financial service markets.
  •  ABT Molecular Adds Venture Capital Debt

    Monday, August 25, 2014 5:30:00 AM PDT | VentureDeal

       Louisville, Tennessee  --  Medical imaging company ABT Molecular Imaging has received $750,000 in venture capital debt funding, according to an SEC regulatory filing.

    ABT has developed a platform that produces unit doses of molecular imaging drugs for PET scans.

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

    ABT is still seeking $510,000 in additional financing, according to the filing.

Deal Announcement Archive »

Technology News

Friday, August 29, 2014

Thursday, August 28, 2014

  •  Ingo Money Touts Sustainable Loss Rates

    Thursday, August 28, 2014 5:15:00 AM PDT | VentureDeal

       Atlanta, Georgia  --  Financial services technology company Ingo Money said that it has achieved several performance milestones.

    The service has attained "sustainable, profitable loss rates for its account funding network."

    In addition, check returns have declined by 70% and 85% of approved checks have been funded to consumer accounts within minutes.

    Ingo Money provides a range of technologies to facilitate the acceptance of consumer funds from a variety of monetary instruments and delivery systems.
  •  mPower To Launch Jump Plus Soon

    Thursday, August 28, 2014 5:00:00 AM PDT | VentureDeal

       Clifton, New Jersey  --  mPower Technologies has announced the upcoming launch of the third product in its line of portable jumpstarting devices.

    Called mPower Jump Plus, the device is the size of a TV remote, but powerful enough to jumpstart up to 40 full size cars or trucks on a single charge.

    Jump Plus will also run 12V mini refrigerators and 12V pumps and inflators.

    The unit will be marketed to commercial fleet operators and repair shops, among others.

Wednesday, August 27, 2014

  •  Citrix Launches Free Online Meeting Tool

    Wednesday, August 27, 2014 5:15:00 AM PDT | VentureDeal

       Santa Clara, California  --  Communications technology company Citrix (NASDAQ: CTXS) has announced the launch of a free version of an online meeting tool.

    Called GoToMeeting Free, the free tool is accessible from Chrome or Mozilla browsers and enables the user to share their screen and provide personalized URLs for project collaboration.

    The service is available in 25 different languages and does not require any new software, plug-ins or downloads.

    The application is also available for the latest Android mobile devices.
  •  Edgecase Launches Adaptive Experience Platform

    Wednesday, August 27, 2014 5:00:00 AM PDT | VentureDeal

       Austin, Texas  --  E-Commerce technology company Edgecase has announced the latest release of its shopper experience platform.

    Called the Adaptive Experience Platform, the system uses a "proprietary combination of machine learning + human content curation to create shopper experiences that feel more natural and inspiring."

    The current release includes features that provide better visual navigation and near instantaneous re-sorting of product options.

    Edgecase previously operated as Compare Metrics. The company cited a number of retailers who already use the service.

    Edgecase is backed by a syndicate of venture capital and other firms.

Tuesday, August 26, 2014

  •  Ross School Unveils Impact Challenge Program

    Tuesday, August 26, 2014 5:15:00 AM PDT | VentureDeal

       Ann Arbor, Michigan  -- The University of Michigan's Ross School of Business launched its 2014 Impact Challenge.

    The Challenge is aimed at helping business students to develop, launch and fund a business within one week.

    Business ideas are focused on making a positive difference in the Detroit community.

    One goal of the effort is to increase the entrepreneurship possibilities for Detroit-area children.
  •  Personal Launches Fill It Mobile App

    Tuesday, August 26, 2014 5:00:00 AM PDT | VentureDeal

       Washington, D.C.  --  Mobile technology company Personal has announced the launch of a new mobile application.

    Called Fill It Mobile, the app enables users to fill in forms from their mobile devices securely and with a 1-touch process.

    The application allows people to use more than 1,200 types of data for any kind of mobile form or transaction.

    The app is used in conjunction with the company's Data Vault service, which securely stores frequently used information in user accounts.

    Fill It Mobile is available now on Google Play and will be available for the upcoming Apple iOS 8 release.

Monday, August 25, 2014

  •  Navisite Launches Desktop As A Service

    Monday, August 25, 2014 5:15:00 AM PDT | VentureDeal

       Andover, Massachussetts  --  Software developer Navisite has announced the launch of a new desktop virtualization service.

    The capability utilizes NVIDIA GRID technology to provide rich graphics performance for intensive graphic workload applications.

    The service features scale on demand, SSAE 16 compliant data center security and low hardware costs for end-users.

    Navisite said it will showcase its new service at VMworld 2014, in San Francisco.
  •  Malauzai Notes Mobile Camera Banking Usage

    Monday, August 25, 2014 5:00:00 AM PDT | VentureDeal

       Austin, Texas  -- Malauzai Software said that its data shows that the use of mobile cameras for banking institutions has increased significantly.

    Malauzai co-developed PicturePay, a mobile photo bill pay service, and said that it has been adopted by more than 14 institutions with an average payment value increase of 20% year over year.

    Its Mobile Remote Deposit Capture system, in use at more than 90 banks and credit unions, has increased in usage by 62% in 2014.

    The company also said that one growing area is mobile account opening and on-boarding. The camera is used by branch employees needing to take photos of customer documents, speeding up the customer service process.

Technology News Archive »

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