News

Deal Announcements

Friday, April 24, 2015

  •  Gigsky Grabs Venture Capital Debt

    Friday, April 24, 2015 5:46:00 AM PDT | VentureDeal

       Palo Alto, California  --  Mobile technology company Gigsky has landed $3 million in venture capital debt funding, according to an SEC regulatory filing.

    Gigsky says that it "is the first global mobile network designed for travelers."

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

    Gigsky is still seeking $950,000 in additional debt investment, according to the filing.

    The company was founded by CEO Ravi Rishy-Maharaj.



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  •  BurstIQ Receives Seed Venture Capital Funding

    Friday, April 24, 2015 5:33:00 AM PDT | VentureDeal

       Mountain View, California  --  Healthcare information technology company BurstIQ has secured an undisclosed amount of seed stage venture capital financing.

    BurstIQ has created a digital health platform that  it says accelerates the creation of next generation patient engagement and health applications.

    PV Ventures of Colorado Springs made the investment.

    The company did not specify how it would use the funding proceeds.

    BurstIQ is still in development stage of its adaptive intelligence platform.



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Thursday, April 23, 2015

  •  Knotch Nabs $4 Million New Investment

    Thursday, April 23, 2015 5:45:00 AM PDT | VentureDeal

       Redwood City, California  --  Internet technology company Knotch has secured $4 million in early stage venture capital financing.

    Knotch says that it "gives you all you need to understand the impact of your branded content."

    The service provides brand managers with information on Twitter-based content.

    Investors in the financing included Greylock Partners, Allen and Company, Stanford University and individual investors.

    The company did not say how the funding proceeds would be used.
  •  All Campus Nets Seed Venture Capital Equity

    Thursday, April 23, 2015 5:32:00 AM PDT | VentureDeal

       Chicago, California  --  Software developer All Campus has received $844,000 in new venture capital equity investment, according to an SEC regulatory filing.

    All Campus works with educational institutions to provide student recruitment and enrollment solutions.

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

    All Campus is still seeking $2.15 million in additional financing, according to the filing.

    Company CEO Joe Diamond was previously Chief Operating Officer at Alloy Education.

Wednesday, April 22, 2015

  •  KiteDesk Flies With $4 Million Seed Venture Capital

    Wednesday, April 22, 2015 5:45:00 AM PDT | VentureDeal

       Tampa, Florida  --  Software developer KiteDesk is landed $4 million in seed stage venture capital investment.

    KiteDesk says that its mission is to "use data-driven software to produce unprecedented results for our clients."

    It has created a sales tool that helps salespeople prospect, connect and sell more efficiently.

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

    Sean Burke is the CEO, after previously being Chief Revenue Officer at the company.
  •  Cnano Collects $15 Million Series C Funds

    Wednesday, April 22, 2015 5:30:00 AM PDT | VentureDeal

       San Francisco, California  --  Nanotechnology company Cnano Technology Limited has received $15 million in its third round of venture capital and strategic investment.

    Cnano manufactures carbon nanotubes and related products for a variety of vertical market segments including energy, environmental, cleantech, electronics and specialty materials.

    GRC SinoGreen Fund Led the round, which included Hotung Capital Management, Pangaea Ventures, Presidio Ventures, WI Harper and IDG Capital Partners.

    The company said it would use the funding to expand its carbon nanotube manufacturing facilities in China.

    Cnano raised its first round of venture capital financing in 2007.

Tuesday, April 21, 2015

  •  Nuve Raises New Venture Equity Financing

    Tuesday, April 21, 2015 5:47:00 AM PDT | VentureDeal

       Austin, Texas  --  Security technology company Nuve has garnered $2.3 million in additional venture equity investment, according to an amended SEC regulatory filing.

    Nuve provides a range of tracking and security technologies for asset management and fraud prevention purposes.

    It accomplishes this by providing to customers what it calls "patent pending, tamper-proof sensors and physical security solutions combined with our real-time tracking technology."

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

    Nuve had previously raised financing in November 2014 from a variety of individual and venture capital firm investors.
  •  Freshdesk Lands More Growth Venture Capital

    Tuesday, April 21, 2015 5:31:00 AM PDT | VentureDeal

       San Francisco, California  --  Internet software company Freshdesk has received $50 million in growth stage investment financing.

    Freshdesk has developed an on-demand customer support system for enterprises.

    The investment syndicate was led by Tiger Global Management and included Accel Partners and Google Capital.

    The company said it would use the funding to  invest in its products and scale to meet customer demand.

    Freshdesk had previously raised at least $43 million in financing before this round.

Monday, April 20, 2015

  •  Assured Labor Adds Series B Financing

    Monday, April 20, 2015 5:44:00 AM PDT | VentureDeal

       New York, New York  --  Internet technology company Assured Labor has landed $6.8 million in its second round of institutional venture capital funding.

    Assured Labor has created a service that is "optimized for the way people in emerging markets really find jobs."

    Capital Indigo led the round, which included other investors such as Promotora Social Mexico.

    The company didn't say how the funding proceeds would be used.

    Assured Labor aims to connect people  located in Latin America with jobs through its mobile-centric digital jobs board.
  •  Pledgeling Secures Seed Venture Capital Funds

    Monday, April 20, 2015 5:32:00 AM PDT | VentureDeal

       Santa Monica, California  --  Mobile financial technology company Pledgeling has received $4.1 million in seed stage venture capital financing.

    Pledgeling has developed a mobile app that "is the safest and easiest place to donate to charity on the web."

    Investors in the round included Double M Partners and individual investors such as Vanna White.

    The company did not disclose how the funding proceeds would be used.

    Chief Operating Officer Lee Fentress co-founded the company in 2014.

Deal Announcement Archive »

Technology News

Friday, April 24, 2015

  •  Postmedia Launches Native Advertising Platform

    Friday, April 24, 2015 5:14:00 AM PDT | VentureDeal

       Toronto, Canada  --  Digital media technology company Postmedia has announced the launch of a new native advertising platform.

    Called Postmedia Content Solutions, the platform enables brands or agencies to create targeted campaign executions at both the national and local level throughout Canada.

    The company also said that it has a dedicated Postmedia Works team that can provide clients with editorial-style storytelling services.

    In addition, Postmedia Labs, which is a team that works with communities, will be included in the mix with advertisers to create social engagement experiences for their audiences.

    Native Advertising will be clearly labeled to distinguish between it and pure editorial copy.



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  •  Books-A-Million Launches DIY Website

    Friday, April 24, 2015 5:00:00 AM PDT | VentureDeal

       Birmingham, Alabama  --  Books-A-Million has announced the launch of a new do-it-yourself self-publishing website.

    Called BAM! Publishing DIY, the site enables authors to create, edit and publish their own book.

    The service provides tools such as writing and design, printing and distribution for self-publishing authors to print paperback books with full-color covers.

    Full color and black-and-white is available for interior pages.

    Authors can design their own cover or choose from six formatting templates in order to give their book a custom look.

    The service also provides eBook distribution through Amazon, iTunes and other online outlets worldwide.



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Thursday, April 23, 2015

  •  Social Intelligence Launches Insurer Analytics

    Thursday, April 23, 2015 5:14:00 AM PDT | VentureDeal

       Santa Barbara, California  --  Social Intelligence announced the launch of a new social media scoring solution for the property and casualty insurance vertical.

    The application, which the company says is the insurance industry's first social media risk scoring solution, will source claimant data from the web in order to provide a predictive result to insurers.

    Insurers may offer incentives for their clients to consent to the program, such as lower rates and more rapid claims processing.

    Social Intelligence launched its first product, a social media background check and monitoring solution for employers in September 2010.

    The company's solutions are powered by its proprietary algorithms.
  •  ADM Receives FAA Drone Use Approval

    Thursday, April 23, 2015 5:00:00 AM PDT | VentureDeal

       Chicago, Illinois  --  ADM Crop Risk Services said that it has received approval from the Federal Aviation Administration to operate aerial drones.

    ADM said the unmanned aerial vehicles will be used to expedite and improve insurance claims processing for agricultural policyholders.

    The drones will be able to identify damaged areas, corn stand counts and prevented planting acreage.

    ADM said it is developing proprietary software that will enable "the vehicles to automatically download measurements and information as images are taken, allowing data analysis and claims processing to begin almost immediately."

    The company also stated it will officially launch the system for customers in 2016.

Wednesday, April 22, 2015

  •  Intel Security Launches Product Portfolio Upgrades

    Wednesday, April 22, 2015 5:14:00 AM PDT | VentureDeal

       San Francisco, California  --  Intel Security announced a group of product portfolio enhancements at the RSA Conference.

    Enhancements include new integrations with Intel Security's Data Exchange Layer to enable organizations to better share real-time reputation and data classification information.

    The company also upgraded its McAfee suite with a new Firewall 5.9, Email Protection 7.6.4 and Enterprise Security Manager 9.5.

    Intel Security also announced the launch of a new service - the McAfee Public Cloud Server Security Suite - which "further extends security capabilities to the public cloud."

    The company cited an Enterprise Strategy Group report that stated that security professionals are overwhelmed with security incidents, with an average of 78 investigations per organization in the last year.
  •  DogVacay Launches Pet Daycare Service

    Wednesday, April 22, 2015 5:00:00 AM PDT | VentureDeal

       Santa Monica, California  --  Internet pet-sitting services company DogVacay has announced the launch of a new offering.

    Called Daycare, the service provides a way for pet owners to ensure their pets are cared for while they are at work or otherwise away from home for an extended period during the day.

    DogVacay hosts will be able to display their service rates specifically for this new type of service, which the company says reduces separation anxiety and results in a happier dog.

    The company says it has more than 20,000 "vetted and insured sitters across the US and Canada."

    DogVacay has raised more than $47 million in venture capital financing to date.

Tuesday, April 21, 2015

  •  RainDance Launches Myeloid Malignancy Panel

    Tuesday, April 21, 2015 5:14:00 AM PDT | VentureDeal

       Billerica, Massachusetts  --  Genomics tools company RainDance Technologies has announced the launch of a new sequencing research assay.

    Called the ThunderBolts Myeloid Panel, the new tool was "designed to rapidly detect and cost-effectively analyze genetic mutations associated with AML (Acute Myeloid Leukemia)" and other myeloid diseases.

    The company developed the assay in conjunction with a group of hematoologic oncology experts from academic and cancer research centers in the US and Europe.

    The assay will provide information on mutations in hotspots and 49 different genes implicated in the action of specific blood and bone marrow cancers.

    RainDance cited an American Cancer Society estimate that in 2014 in the US, more than 10,000 individuals died from Acute Myeloid Leukemia.
  •  Yottaa Updates Service For Mobilegeddon

    Tuesday, April 21, 2015 5:01:00 AM PDT | VentureDeal

       Waltham, Massachusetts  --  CDN optimization company Yottaa said that it has updated its platform to respond to the imminent Google changes for mobile organic searches.

    The platform, called ContextIntelligence, will optimize web applications to take into account whether or not pages are "mobile friendly".

    Those pages deemed mobile friendly by Google will receive a greater weighting when users search from mobile devices.

    Users of its platform can manage, secure and tune end user experience and performance on both desktop and mobile devices in real-time.

    Yottaa says that its cloud-native CDN platform "enables businesses to increase profitability by up to 20%."

Monday, April 20, 2015

  •  Accela Launches Civic Voice Solution

    Monday, April 20, 2015 5:15:00 AM PDT | VentureDeal

       San Ramon, California  --  Software developer Accela has announced the launch of a new legislative management application for government agencies.

    Called Accela Civic Voice, the system involves citizens in community decisions and enables agencies to share information, collect public input and understand public opinion in real-time.

    The application, which is a cloud-based service, will track public opinion and will apply ZIP Code filters to control public participation by geographic location.

    Also included the system are forums and discussion capabilities, dashboard functionality and activity thresholds to alert staff on trending topics.

    Civic Voice is the latest addition to the company's Legislative Management suite.
  •  Charge Across Town Launches Free EV Charging

    Monday, April 20, 2015 5:01:00 AM PDT | VentureDeal

       San Francisco, California  -- Non-profit Charge Across Town has announced the launch of a new free EV charging initiative.

    Called Driving on Sunshine, the program is sponsoring free solar-powered electric vehicle charging at locations in San Francisco.

    The group is collaborating with the San Francisco Department of the Environment and Envision Solar to enable electric vehicles to charge from EV stations powered solely by solar power.

    Three Electric Vehicle Autonomous Renewable Chargers will be provided by Envision Solar for a three month time period.

    One of the benefits of the program is to collect data on frequency and duration of use.

    The program is funded by the 11th Hour Project, a program of The Schmidt Family Foundation.

Technology News Archive »

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