VC News

Deal Announcements

Tuesday, July 26, 2016

Monday, July 25, 2016

Friday, July 22, 2016

  •  Flexe Secures Institutional Venture Capital

    Friday, July 22, 2016 5:49:00 AM PDT | VentureDeal



    Seattle, Washington  --  Internet technology company Flexe is landed $14.25 million in new venture capital funding.

    Flexe is developing a warehousing space marketplace that "helps enterprises scale their logistics capabilities, reducing supply chain complexity, fulfillment time and costs."

    Redpoint Ventures led the round, which included other undisclosed investors.

    The company said it would use the funding to meet demand for its marketplace service.

    The company was co-founded by CEO Karl Siebrecht in August, 2013.

  •  Kenesto Sees Equity Venture Capital

    Friday, July 22, 2016 5:25:00 AM PDT | VentureDeal



    Boston, Massachusetts  --  CAD collaboration company Kenesto has raised $561,000 in new equity venture capital investment, according to an SEC regulatory filing.

    Kenesto has created a system for "engineers and designers to store, share and collaborate with CAD and other documents in the cloud."

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

    A total of three investors participated in the offering.

    Minimum investment size per investor was listed as $25,000.

Thursday, July 21, 2016

  •  Oncorus Gains $57 Million Series A Funding

    Thursday, July 21, 2016 5:40:00 AM PDT | VentureDeal




    Cambridge, Massachusetts  --  Biotechnology company Oncorus has landed Series A financing of $57 million.

    Oncorus is developing an immunotherapy platform of oncolytic viruses.

    These different types of therapeutic viruses promise to treat several types of cancer, including malignant and aggressive cancers.

    MPM Capital led the round which also included Deerfield Capital, Celgene and other undisclosed investors.

    The company said it would use the proceeds to advance its immunotherapy platform "using its next-generation oncolytic herpes simplex virus."

  •  Jolt Collects Seed Venture Capital Funds

    Thursday, July 21, 2016 5:19:00 AM PDT | VentureDeal




    Palo Alto, California  --  Internet technology company Jolt has raised $2 million in seed stage venture capital financing.

    Jolt is developing an "online marketplace that allows companies to book content sessions by leading industry professionals."

    Investors leading the round were UpWest Labs and Hillsven Capital.

    Jolt did not disclose how the funding proceeds would be used.

    Company CEO ROEI Deutsch co-founded the firm in August 2015.

Wednesday, July 20, 2016

  •  Paracosm Pulls In Equity Venture Capital

    Wednesday, July 20, 2016 5:40:00 AM PDT | VentureDeal




    Gainesville, Florida  --  Software developer Paracosm has received $1.25 million in new equity venture capital funding, according to an SEC regulatory filing.

    Paracosm has developed software that enables users to "turn any space into a 3D model."

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

    One investor made the investment.

    Paracosm is still seeking $1.25 million in additional equity financing, according to the filing.

  •  Airspan Networks Sees Series D Funding

    Wednesday, July 20, 2016 5:19:00 AM PDT | VentureDeal




    Boca Raton, Florida  --  Wireless technology company Airspan Networks has landed $30 million in new equity venture capital financing, according to an SEC regulatory filing.

    Airspan is a "global provider of 4G broadband wireless systems."

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

    A total of two investors participated in the offering.

    CEO Eric Stonestrom has been with the firm since April 1999.

Deal Announcement Archive »

Technology News

Tuesday, July 26, 2016

Monday, July 25, 2016

Friday, July 22, 2016

  •  Altor Bioscience Bags $20 Million Venture Funding

    Friday, July 22, 2016 5:02:00 AM PDT | VentureDeal



    Miramar, Florida  --  Biopharmaceutical technology company Altor Bioscience has received $20 million in new venture capital investment, according to an SEC regulatory filing.

    Altor is developing immunotherapeutic agents for the treatment of cancer, autoimmune diseases and viral infections.

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

    One investor accounted for the entire amount received.

    Altor is still seeking $25 million in additional equity investment, according to the filing.

    Minimum investment size per investor was listed as $15,000.

Thursday, July 21, 2016

  •  Guideline Grabs Series A Venture Capital

    Thursday, July 21, 2016 5:02:00 AM PDT | VentureDeal




    Burlingame, California  --  Financial technology company Guideline has raised $7 million in its first round of institutional venture capital financing.

    Guideline has created a 401(k) retirement plan for businesses that is easy for employers to set up and employees to join.

    Propel Venture Partners led the round, which included other undisclosed investors.

    The company said it would use the proceeds to scale its platform, partnership initiatives and add staff members.

    CEO Kevin Busque founded the firm in May 2015.

Wednesday, July 20, 2016

  •  Airdog Adds Equity VC Funding

    Wednesday, July 20, 2016 5:02:00 AM PDT | VentureDeal




    Palo Alto, California  --  Drone technology company Airdog has landed $2.7 million in new equity venture capital investment, according to an SEC regulatory filing.

    Airdog has developed a drone that automatically follows the user as the user moves.

    The auto-follow drone is ideal for participants in action sports.

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

    A total of 17 investors participated in the offering.

    Airdog is still seeking $1.94 million in additional equity funding, according to the filing.

Technology News Archive »

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