Deal Announcements

Wednesday, May 27, 2015

  •  Flywheel Secures Growth Venture Investment

    Wednesday, May 27, 2015 5:45:00 AM PDT | VentureDeal

       San Francisco, California  --  Mobile application technology company Flywheel has raised an undisclosed amount of growth stage venture capital funding.

    Flywheel has developed a taxicab application for the mobile phone that enables users to more effectively call taxis and for taxi drivers to quickly respond to rider requests.

    Investors in the financing included Riverwood Capital and other undisclosed investors.

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

    Flywheel is backed by a large syndicate of angel and venture capital investors.
  •  Arvegenix Adds Venture Capital Equity

    Wednesday, May 27, 2015 5:33:00 AM PDT | VentureDeal

       St. Louis, Missouri  --  Agriculture technology company Arvegenix has received $2.5 million in venture capital equity investment, according to a recent SEC regulatory filing.

    Arvegenix is developing Field Pennycress as a new crop for the corn-soy growing regions of the world.

    The benefit of the new crop is that it will grow over winter between the corn-soy a rotation periods, providing growers with a new revenue crop.

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

    Minimum investment per investor was designated as $25,000, per the filing.

Tuesday, May 26, 2015

  •  Tigo Energy Raises New Venture Capital

    Tuesday, May 26, 2015 5:46:00 AM PDT | VentureDeal

       Los Gatos, California  --  Alternative energy technology company Tigo Energy has secured $3.5 million in additional equity investment, according to an SEC regulatory filing.

    Tigo has developed what it calls Smart Module Optimizer technology that helps to drive down the cost of capturing solar electricity.

    The company has operations throughout the United States, Europe, Asia and the Middle East.

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

    Israeli businessman Zvi Alon (LinkedIn Profile) is chairman and CEO of the company.
  •  Companion Medical Nets Strategic Venture Capital

    Tuesday, May 26, 2015 5:34:00 AM PDT | VentureDeal

       San Diego, California  --  Medical device technology company Companion Medical has received an undisclosed amount of strategic venture capital funding.

    Companion develops products "to improve healthcare with easy to use medical devices that utilize state-of-the-art technologies."

    Eli Lilly & Co. made the investment.

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

    Companion CEO Sean Saint (LinkedIn Profile) was previously from Tandem Diabetes Care and Alure Medical.

Monday, May 25, 2015

Friday, May 22, 2015

  •  Wibbitz Receives $8 Million 2nd VC Round

    Friday, May 22, 2015 5:45:00 AM PDT | VentureDeal

       New York, New York  --  Digital media technology company Wibbitz has landed $8 million in its second round of institutional venture capital funding.

    Wibbitz has designed a video player plug-in for websites that enables users to take images, headlines or text and create an interactive video.

    NantWorks led the round, which included previous investors Horizon Ventures, Initial Capital, Lool Ventures and Kima Ventures.

    The company said it would use the funding to build out its US presence and expand its business development, sales, marketing and editorial teams.

    Zohar Dayan is the company CEO (LinkedIn Profile) and co-founder.
  •  Blade Secures $6 Million Venture Capital Funding

    Friday, May 22, 2015 5:33:00 AM PDT | VentureDeal

       Boston, Massachusetts  --  Consumer technology incubator Blade has received $6 million in early stage investment.

    Blade focuses on companies that sell primarily to consumers, such as MoveWith, Wigo, Mapkin and Drafted.

    Investors included a number of prominent technology industry individuals, such as Eric Schmidt and Robert Pittman.

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

    Blade's website says is currently not accepting any more new companies to invest in, while it brings a number of products to market in the coming months.

Thursday, May 21, 2015

  •  BookBub Bags Series A Venture Capital

    Thursday, May 21, 2015 5:46:00 AM PDT | VentureDeal

       Cambridge, Massachusetts  --  Internet digital media company BookBub has received $7 million in its Series A round of institutional venture capital funding.

    BookBub operates a free service that aims to help readers discover the best deals on e-books.

    Investors in the round included Avalon Ventures, Founder Collective, Nextview Ventures and Bloomberg Beta.

    The company said it would use the funding primarily for international expansion efforts.

    The same group of investors previously funded the company's seed financing round.
  •  Amplifinity Adds Venture Capital Equity Funds

    Thursday, May 21, 2015 5:33:00 AM PDT | VentureDeal

       Ann Arbor, Michigan  --  Internet technology service Amplifinity has received $2.5 million in venture capital equity funding, according to an SEC regulatory filing.

    Amplifinity aims to provide information to companies about who their online advocates are and how to amplify their communication efforts.

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

    Amplifinity is still seeking $761,000 in additional financing, according to the filing.

    Company CEO Larry Angeli (LinkedIn Profile) was previously from Compuware.

Deal Announcement Archive »

Technology News

Wednesday, May 27, 2015

  •  EOS Imaging Receives CE Mark For kneeEOS

    Wednesday, May 27, 2015 5:14:00 AM PDT | VentureDeal

       Paris, France  --  EOS Imaging (Paris: EOSI) announced that it has received a CE mark for its latest medical software solution.

    Called kneeEOS, the software is the first 3D planning application for total knee arthroplasty based on the firm's bi-planar imaging system.

    The application will be deployed first as an online service to assist surgeons in simulating proper leg alignment and other aspects of knee component positioning based on images generated by the EOS system.

    The system provides stereo-radiographic images of patients in functional positions, in both 2D and 3D imaging formats.

    A companion application called the hipEOS provides many of the same functionalities for hip treatment.

    The company plans to showcase the new software at the upcoming 16th European Federation of National Associations of Orthopedics and Traumatology Congress.
  •  3M To Showcase Library System Upgrade

    Wednesday, May 27, 2015 5:01:00 AM PDT | VentureDeal

       St. Paul, Minnesota  --  3M Library Systems has announced a significant upgrade to its library information technology.

    Called the 3M Cloud Library, the redesigned the system makes it easy for users to browse their library's 3M collection by previewing the collection, checking out books and streaming audio file online.

    In addition, for librarians the new system has added the ability to reclassify books by age range so that each book is age appropriate.

    The companion app enables users to read eBooks as well as customize their favorite content categories, manage their accounts and receive email notifications.

    3M touted the success of the system and said that 95% of its customers renewed their contracts in the past year.

Tuesday, May 26, 2015

  •  SCRA Touts American Business Company Awards

    Tuesday, May 26, 2015 5:14:00 AM PDT | VentureDeal

       Columbia, South Carolina  --  Non-profit R&A company SCRA announced that it will receive two awards as finalists for the 2015 American Business Awards.

    The SC Launch Annual Report was recognized as a finalist for Best Annual Report Print.

    SCRA Executive Vice President Natalie Corrella is a finalist for the Woman of the Year, Non-Profit award.

    The group has received numerous awards in recent years, including Company of the Year and CEO of the Year, Non-Profit.

    Final award announcements will take place in June and September, during official banquets honoring the recipients.
  •  AirXpanders To Launch Offering On ASX

    Tuesday, May 26, 2015 5:01:00 AM PDT | VentureDeal

       Sydney, Australia  --  US medical device technology company AirXpanders has announced the launch of its initial public offering (IPO) on the Australian Securities Exchange.

    The company is offering 73 million CDIs (CHESS Depositary Interests) at AU $0.50/CDI.

    If fully subscribed, the fully-diluted market capitalization of the company would be approximately AU $113 million.

    The company hopes to raise a total of AU $36.5 million in the offering.

    AirXpanders has created tissue expander technology that is used in breast reconstruction procedures following mastectomy to expand and stretch the skin before basement of a permanent breast implant.

    (Note: This article does not represent a solicitation or offer of sale of any securities. The proposed AirXpanders offering is made under a prospectus, copies of which are available at:

Monday, May 25, 2015

Friday, May 22, 2015

  •  Robin Debuts Lawn Care Marketplace in Texas

    Friday, May 22, 2015 5:14:00 AM PDT | VentureDeal

       Austin, Texas  --  Internet technology company Robin has announced the launch of a new lawn care marketplace for Texas.

    After raising $1.2 million from private investors, the company has launched a web-based service that promises to increase the convenience of finding a quality lawn care service.

    The company says that there are over 90,000 lawn care providers in the US as part of a $40 billion industry in which 30% of homeowners participate.

    Users provide a street address and the site returns an instant quote.

    Customers are urged to provide feedback on vendor quality and vendors receive payment on a weekly basis as well as information about how to improve their business.
  •  Bigcommerce And PayPal Team on Payments

    Friday, May 22, 2015 5:00:00 AM PDT | VentureDeal

       San Francisco, California  --  Bigcommerce and PayPal have announced a partnership to provide an end-to-end e-commerce solution for small and midsized retailers.

    Under the agreement, Bigcommerce merchants will be able to access PayPal's One Touch service for web and mobile.

    The service enables shoppers to pay across more than 90,000 online stores in a single touch, requiring users to only enter IDs or passwords one time.

    Bigcommerce will roll out the new functionality to US merchants in the next few weeks and to international merchants later in 2015.

    The integration technology is enabled by Braintree, a PayPal company.

Thursday, May 21, 2015

  •  ObserveIT Launches AWS Threat Protection

    Thursday, May 21, 2015 5:14:00 AM PDT | VentureDeal

       Boston, Massachusetts  --  Monitoring technology company ObserveIT has has announced the launch of a new service for the Amazon Web Services (AWS) environment.

    Called ObserveIT CloudThreat, the service aims to protect "AWS hosted environments from cyber and insider threats with user behavior monitoring and analytics."

    The company said that while Amazon provides performance and availability monitoring services, the customer needs to secure their own data, application and virtual machines.

    The application integrates into Amazon's CloudWatch, so the customer only sees a single screen for their clout operations.

    The service is free to enterprises at this time.
  •  Varro Launches Online Hotel Investment Fund

    Thursday, May 21, 2015 5:01:00 AM PDT | VentureDeal

       Dallas, Texas  --  Varro Hospitality has announced the launch of a new fund on its RealShares online investment platform for individual investors.

    Called the Urbana Varro Opportunity Fund II, the fund provides individual accredited investors with the ability to gain a stake in a diversified portfolio of hotel properties.

    The overall capital goal of the fund is $10 million, of which $7.4 million has already been reached.

    The firm says the fund has already acquired properties, such as the 311 room Sheraton Arlington Hotel.

    A total of 3 to 4 properties are expected to be brought under ownership, to be managed by an affiliated entity.

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.

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
Add to Google