News

Deal Announcements

Friday, April 17, 2015

  •  Forever Stores Venture Capital Funding

    Friday, April 17, 2015 5:45:00 AM PDT | VentureDeal

       Pittsburgh, Pennsylvania  --  Internet technology company Forever has landed $700,000 in new venture capital financing, according to an SEC regulatory filing.

    Forever has created an online service that helps people store their family and friend memories.

    It bills itself as the "world's first permanent social storage company."

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

    Forever is still seeking $11.55 million in additional financing, according to the filing.
  •  99Designs Nets Series B Growth Capital

    Friday, April 17, 2015 5:31:00 AM PDT | VentureDeal

       San Francisco, California  --  Internet technology company 99Designs has secured $10 million in its second round of institutional venture capital funding.

    99Designs provides an online marketplace for crowdsourced graphic design services.

    Recruit Strategic Partners led the round, which included other undisclosed investors.

    Recruit intends to help the company promote its design platform throughout Asia.

    The company previously raised $35 million in April 2011.

Thursday, April 16, 2015

  •  Esperas Pharma Closes Series A Financing

    Thursday, April 16, 2015 5:46:00 AM PDT | VentureDeal

    Montréal, Canada  --  Esperas Pharma (no website) has received an undisclosed amount of first round venture capital investment.

    Esperas is a special-purpose company created to develop a single compound for women with triple-negative breast cancer to the point of proof of concept.

    Investors in the financing were TVM Capital and Fonds de Solidarite FTQ.

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

    Esperas is led by CEO Caroline Fortier.
  •  Arcadia Healthcare Nets $13 Million Venture Capital

    Thursday, April 16, 2015 5:33:00 AM PDT | VentureDeal

       Burlington, Massachusetts  --  Software developer Arcadia Healthcare Solutions has received $13 million in new venture capital financing.

    Arcadia is an EHR Data Aggregation and Analytics company that provides its technology to provider groups, health plans and integrated delivery networks.

    Investors in the financing included Peloton Equity and Zaffre Investments.

    The company said it would use the funding proceeds to accelerate its sales and marketing efforts and higher additional executives.

    Arcadia was founded in 2002 and has satellite offices in Seattle and New York City.

Wednesday, April 15, 2015

  •  Eaze Accepts $10 Million First Investment

    Wednesday, April 15, 2015 5:44:00 AM PDT | VentureDeal

       San Francisco, California  --  Healthcare delivery service Eaze has landed $10 million in its first round of institutional venture capital funding.

    Eaze provides an on-demand healthcare delivery service for patients to access medical marijuana.

    DCM Ventures led the round, which also included 500 Startups and others.

    The company said it would use the funding to expand its on-demand delivery technology nationally.

    Eaze had previously raised at least $1.65 million in startup financing.
  •  Bedrock Data Bags Series A Venture Capital

    Wednesday, April 15, 2015 5:31:00 AM PDT | VentureDeal

       Boston, Massachusetts  --  Software technology company Bedrock Data has raised $3.1 million in its first round of institutional venture capital funding.

    Bedrock says that it "makes the hard problem of bidirectional data integration simple and affordable."

    The company's application also enables users to set up a sample data integration in as little as five minutes.

    .406 Ventures led the round, which included Maiden Lane and individual investor Brian Shin.

    Proceeds purposes were not disclosed by the company.

Tuesday, April 14, 2015

  •  Interactions Lands New Venture Capital Funds

    Tuesday, April 14, 2015 5:45:00 AM PDT | VentureDeal

       Franklin, Massachusetts  --  Call center technology company Interactions has received $9.5 million in new equity investment, according to an SEC regulatory filing.

    Interactions provides solutions to the call center market that it says "decreases support costs while dramatically improving the customer experience."

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

    Interactions is backed by a syndicate of venture capital and private equity investors.

    The company has raised at least $100 million in financing since 2006.
  •  CradlePoint Collects $48 Million Venture Capital

    Tuesday, April 14, 2015 5:32:00 AM PDT | VentureDeal

       Boise, Idaho  --  Wireless networking technology company CradlePoint has secured $48 million in its second round of institutional venture capital funding.

    CradlePoint has developed cellular routers that enable enterprises to configure and manage their networks of remote wireless devices.

    Sorenson Capital Partners led the round, which included Delta-V Capital and others.

    The company said it would use the funding to accelerate its international expansion and continue development of its Wireless Wide Area Networks and security solutions.

    The company has previously raised at least $12 million in investment.

Monday, April 13, 2015

  •  Muzik Hears Venture Capital Debt Funding

    Monday, April 13, 2015 5:46:00 AM PDT | VentureDeal

       Miami Beach, Florida  --  Music technology company Muzik has secured $7.285 million in venture capital debt investment, according to an SEC regulatory filing.

    Muzik has developed what it calls the world's first smart headphones which enable social sharing, intuitive music and voice controls, noise canceling and a long lasting rechargeable battery.

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

    Muzik is still seeking $215,000 in additional debt financing, according to the filing.

    The company previously raised $10 million from undisclosed investors in November 2014.
  •  1366 Technologies Lands Chinese Investment

    Monday, April 13, 2015 5:33:00 AM PDT | VentureDeal

       Bedford, Massachusetts  --  Alternative energy technology company 1366 Technologies has secured $5 million in additional third round venture capital investment.

    1366 says that its products improve on the multi-crystalline solar cell by lowering manufacturing costs and increasing efficiency.

    Haiyin Capital (Yuquan Wang) made the investment.

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

    1366 is backed by a large syndicate of venture capital and strategic investors.

Deal Announcement Archive »

Technology News

Friday, April 17, 2015

  •  BATS Global To Launch Second Options Exchange

    Friday, April 17, 2015 5:15:00 AM PDT | VentureDeal

       Kansas City, Missouri  --  BATS Global Markets has announced that it has filed rules to launch a second options exchange.

    To be called EDGX Options, the exchange will be "based on a customer priority/pro rata allocation model."

    The exchange will complement its existing options market, called BZX Options, which is a pure price-time priority market with a maker-taker pricing model.

    The new exchange will be located in the Equinix NY5 data center along with other BATS exchanges.

    BATS says that it expects that all multiply-listed options will be available for trading on the new exchange.
  •  Trapit Launches Social Selling Platform

    Friday, April 17, 2015 5:00:00 AM PDT | VentureDeal

       San Francisco, California  --  Social commerce technology company Trapit has announced the launch of its employee advocacy and social selling platform.

    According to the company, its new platform "empowers employees to authentically engage and nurture their personal networks and drive credible leads into the sales funnel."

    The technology discovers relevant articles, videos, podcasts and other content from more than 100,000 sources.

    Organizations then choose which types of content they prefer for employee sharing.

    The application also provides tools to track interactions and optimize engagement for sales teams, marketing and other brand advocates.

Thursday, April 16, 2015

  •  Boomerang Commerce Launches New Testing Platform

    Thursday, April 16, 2015 5:14:00 AM PDT | VentureDeal

       Sunnyvale, California  --  Price optimization technology company Boomerang Commerce has announced the launch of a new retail pricing application.

    Called the A/B Testing Platform, the system "enables retailers to rapidly test various pricing strategies and optimize prices for revenues."

    The company says that traditional retail price testing takes months to obtain results, whereas it system can dramatically reduce the time to conclusion.

    While the platform has been in beta, it has helped users improve price perception and increase revenue and profits over millions of SKUs.

    The application is available to existing customers as part of their service subscription.
  •  SC Launch Program Accepts New Companies

    Thursday, April 16, 2015 5:01:00 AM PDT | VentureDeal

       Summerville, South Carolina  --  SCRA Technology Ventures announced that it has accepted two new companies into its SC Launch Program.

    ToleRaM Nanotech "merges bioengineering with medicine to marry transplant organs to their new bodies by synthesizing nanoparticles."

    Purilogics provides advanced separation technologies to enable biopharmaceutical manufacturers to increase production capacity.

    In addition, IT consulting firm HillSouth became a member of t Resource Partner Network.

    The SC Launch Program is a South Carolina-based technology incubator program.

Wednesday, April 15, 2015

  •  Fashion Snoops Launches Online Creative Platform

    Wednesday, April 15, 2015 5:14:00 AM PDT | VentureDeal

       New York, New York  --  Fashion trend forecasting company Fashion Snoops has announced the launch of a new online creative innovation platform.

    The system aims to provide next-generation analysis, forecasting and presentation tools to assist businesses in their innovation efforts.

    Fashion Snoops says the application provides "culture to product integration" that will show the intersection between fashion, technology and other cultural influences.

    The system also provides trend mapping and long-term forecasting functionalities.

    Fashion Snoops has more than 100 international experts who cover global events, festivals, exit patients and related trade shows.
  •  BAE Systems Receives Navy Submarine Contract

    Wednesday, April 15, 2015 5:01:00 AM PDT | VentureDeal

       California, Maryland  --  BAE Systems said that it has been awarded a three-year contract by the U.S. Navy.

    The contract is to provide engineering and related services to modernize the weapon launch platforms on US and Allied submarines.

    The scope of work will include "development, analysis and integration of new weapon launch and payload systems; mechanical configuration and interface control; and fabrication, assembly, installation and evaluation of test facilities and naval platforms."

    The total value of the contract is estimated at $13.8 million.

    The work will be performed in Middletown, Rhode Island and Groton, Connecticut.

Tuesday, April 14, 2015

  •  Graziadio SBM Offers Second Half Program

    Tuesday, April 14, 2015 5:16:00 AM PDT | VentureDeal

       Los Angeles, California  --  The Pepperdine University Graziadio School of Business and Management has announced the upcoming start of a mid-career certificate program.

    The program, called the Certificate in Second Half Significance, aims to provide leaders entering the second half of their career the tools to "chart a purposeful and meaningful course for their later years."

    Including one year of executive coaching, monthly cohort calls, a workshop and access to executive search expertise, the program was originally launched in 2014.

    The concept is based on Bob Buford's best-selling book about finding meaning and fulfillment in the second half of life.

    Upon completion of the program, students are awarded a certificate from the Pepperdine University Graziadio School of Business and Management and the Halftime Institute.
  •  Wrike Launches Enterprise Custom Workflows

    Tuesday, April 14, 2015 5:01:00 AM PDT | VentureDeal

       Mountain View, California  --  Enterprise software technology company Wrike has announced the release of the second phase of its Dynamic Platform.

    Enterprise users will now be able to "match their real-life work process with workflows in Wrike."

    The company's software enables creative teams to move past ad hoc processes to improve their communication and track the progress of their work life cycle.

    Teams can customize their processes or workflows in almost unlimited ways.

    Wrike said that its customers have created more than 1,700 unique use cases to date.

Monday, April 13, 2015

  •  ETrade Launches Apple Watch App

    Monday, April 13, 2015 5:14:00 AM PDT | VentureDeal

       New York, New York  --  E*TRADE Financial Corporation (NYSE: ETFC) has announced the launch of its application for the new Apple Watch.

    The application will provide a variety of market data in the form of:

    --  Snapshots of market indices

    --  Summaries of accounts, portfolios and watch lists including positions

    --  Customizable notifications and alerts

    --  Handoff functionality communications with the Apple iPhone for tasks that are not optimized for the Apple Watch

    The application will be available for customer use when the Apple Watch launches on April 24, 2015.
  •  RelayHealth Redesigns Enterprise Patient Portal

    Monday, April 13, 2015 5:01:00 AM PDT | VentureDeal

       Emeryville, California  --  Healthcare technology company RelayHealth has announced the redesign of its Enterprise Patient Portal.

    The new portal enables patients to view their electronic all personal health information if their information is part of the company's network or participating patient portals that the company connects to.

    The system also enables users to engage with multiple care providers from a single access point.

    RelayHealth says that this aggregation of clinical data from a variety of previously disconnected technology systems will help provide a superior patient engagement experience.

    The company also stated that clinicians will be able to make more informed decisions as a result of having a single view of the patient's health information.

Technology News Archive »

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