VC News

Deal Announcements

Tuesday, May 31, 2016

  •  7shifts Clears Seed Venture Capital Financing

    Tuesday, May 31, 2016 5:40:00 AM PDT | VentureDeal



    San Mateo, California  --  Scheduling software company 7shifts has landed $1.2 million in seed stage venture capital investment.

    7shifts has developed software that helps restaurant managers schedule and evaluate the performance of their workforce.

    Relay Ventures led the round, which also included Globalive Capital, Boost and individual investors Timothy Draper.

    The company said it would use the funding to expand its sales team and add new features to its software.

    CEO Jordan Boesch co-founded the firm in August 2012.

  •  Creema Sees $10 Million Growth Venture Capital

    Tuesday, May 31, 2016 5:19:00 AM PDT | VentureDeal



    Shibuya, Japan  --  Handcraft online marketplace company Creema has received $10 million in strategic venture capital funding.

    Creema has developed an online marketplace that "enables the buying and selling of handcrafted work" focused on the Japanese market.

    Investors in the round included Globis Capital and KDDI.

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

    Creema's CEO is Kotaro Marubayashi.

Monday, May 30, 2016

Friday, May 27, 2016

  •  Daktari Diagnostics Nabs $7 Million Venture Capital

    Friday, May 27, 2016 5:43:00 AM PDT | VentureDeal



    Cambridge, Massachusetts  --  Biotechnology company Daktari Diagnostics has landed $7 million in new equity venture capital funding, according to an amended SEC regulatory filing.

    Daktari has developed a portable point of care diagnostic platform that includes built-in wireless conductivity and a cloud-based data management system.

    The device provides real-time information to help support global disease elimination programs.

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

    A total of 31 investors participated in the offering as amended.

    CEO Donald Hawthorne has been with the firm's in September 2015.

  •  Citrine Informatics Nets Equity Venture Capital

    Friday, May 27, 2016 5:16:00 AM PDT | VentureDeal



    Redwood City, California  --  Software developer Citrine Informatics has received $8.7 million in new equity venture capital investment, according to an SEC regulatory filing.

    Citrine has created a machine learning platform that "minds vast quantities of data about materials, chemicals and processes."

    The system promises to help enterprises "hit R&D and manufacturing targets and half the time."

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

    A total of 10 investors participated in the offering.

    CEO Bryce Meredig co-founded the firm in February 2013.

Thursday, May 26, 2016

  •  Merge Labs Lands $10 Million Venture Capital Funding

    Thursday, May 26, 2016 5:40:00 AM PDT | VentureDeal



    San Antonio, Texas  --  Virtual reality technology company Merge Labs has received $10 million in new equity venture capital funding, according to an SEC regulatory filing.

    Merge Labs says that it is "creating a hardware + software platform, which will make casual virtual-reality accessible from your favorite smartphone."

    The company says its platform will also enable other forms of immersive entertainment, including augmented reality, 3D video and 3D/spherical video.

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

    A total of 47 investors participated in the offering.

    Co-founders Franklin Lyons and Andrew Trickett founded the firm in 2014.

    The company is still seeking $16,000 in additional equity funding, according to the filing.

  •  EnergySage Raises $1 Million New Venture Capital

    Thursday, May 26, 2016 5:20:00 AM PDT | VentureDeal



    Boston, Massachusetts  --  Internet-based alternative energy marketplace EnergySage has secured $1 million in new equity venture capital investment, according to an SEC regulatory filing.

    EnergySage has developed an online marketplace where  solar panel installers compete for consumer projects.

    The site markets its service to residential, businesses and non-profits.

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

    A total of 27 investors participated in the offering.

    EnergySage is still seeking $987,000 in additional equity investment, according to the filing.

    CEO Vikram Aggarwal has been with the firm since April 2009 and previously held several positions at Fidelity Investments.

Wednesday, May 25, 2016

  •  Apixio Raises Series D Venture Capital

    Wednesday, May 25, 2016 5:40:00 AM PDT | VentureDeal



    San Mateo, California  --  Software technology company Apixio has landed $19.3 million in its fourth round of institutional venture capital investment.

    Apixio says that it is "a cognitive computing company whose unique platform powers a risk adjustment tool called HCC Profiler."

    HCC Profiler analyzes millions of patient charts to enable healthcare payers to "identify codes, find documentation gaps and validate submitted codes" more quickly and accurately than previously.

    SSM Partners (Casey West) led the round, which also included previous investors First Analysis (Frank Sparacino) and Bain Capital Ventures (Jared Kesselheim).

    The company said it would use the funding to advance its platform and scale its operations.

    Apixio CEO Darren Schulte was originally its Chief Medical Officer starting in October 2011 and is a member of the Board of Directors.

  •  Knoa Software Nabs Venture Capital Debt

    Wednesday, May 25, 2016 5:19:00 AM PDT | VentureDeal



    New York, New York  --  Application optimization technology company Knoa Software has secured $500,000 in new venture capital debt financing, according to an SEC regulatory filing.

    Knoa provides "on-premise and cloud-based solutions that monitor, measure and manage how and-users are utilizing enterprise applications."

    These technologies help enterprises optimize user experience in performance.

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

    A total of six investors participated in the offering.

    Minimum investment size per investor was listed as $12,726.

    CEO Brian Berns has been with the company since January 2014.

Deal Announcement Archive »

Technology News

Tuesday, May 31, 2016

  •  Front Secures $10 Million Venture Equity Funding

    Tuesday, May 31, 2016 5:02:00 AM PDT | VentureDeal



    San Francisco, California  --  Email software technology company Front has raised $10 million in early stage venture capital investment.

    Front has developed an improved interface and process for keeping track of team and company email for organizations and enterprises.

    Social Capital led the round, which included a number of high-profile individual investors, including Stewart Butterfield, CEO of Slack.

    Proceeds purposes were not disclosed by the company.

    CTO Laurent Perrin co-founded the firm in April 2013.

Monday, May 30, 2016

Friday, May 27, 2016

  •  Citelighter Secures Venture Capital Debt

    Friday, May 27, 2016 5:02:00 AM PDT | VentureDeal



    Baltimore, Maryland  --  Internet education technology company Citelighter has raised $478,000 in new venture capital debt funding, according to an SEC regulatory filing.

    Citelighter has created a platform that "helps students perform more effective research and writing assignments."

    The system teaches them to "think critically and salt 21st-century problems."

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

    A total of 22 investors participated in the offering.

    Citelighter is still seeking $122,000 in additional debt investment, according to the filing.

    CEO Saad Alam founded the firm in September 2011.

Thursday, May 26, 2016

  •  Crowdly Clears More Equity Venture Capital

    Thursday, May 26, 2016 5:02:00 AM PDT | VentureDeal



    Boston, Massachusetts  --  Marketing technology company Crowdly has received $377,000 in new equity venture capital financing, according to an SEC regulatory filing.

    Crowdly has developed what it calls "advocate marketing" technologies to help companies build word-of-mouth business from their influential brand advocates.

    The company has created an advocate management platform for the Facebook social network and cites numerous well-known consumer brands among its customers.

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

    A total of 45 investors participated in the offering as amended.

    Crowdly is still seeking $630,000 in additional equity investment, according to the filing.

    CEO Dan Sullivan founded the company in 2012.

Wednesday, May 25, 2016

  •  AutoFi Adds New Equity Venture Capital

    Wednesday, May 25, 2016 5:02:00 AM PDT | VentureDeal



    San Francisco, California  --  Financial services technology company AutoFi has received $2.8 million in new equity venture capital investment, according to an SEC regulatory filing.

    AutoFi has developed technologies that make it easier for consumers to obtain low-cost automobile loans.

    The service also provides technologies to dealers to easily "plug into your website to convert leads to online customers."

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

    A total of 14 investors participated in the offering.

    AutoFi is still seeking $783,000 in additional financing, according to the filing.

Technology News Archive »

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


RSS Feeds

Add this page to your RSS aggregator page with a simple click of a button below.

Add to My Yahoo! Add to Netvibes
PCI - Level1