VC News

Deal Announcements

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.

Tuesday, May 24, 2016

  •  SchooLa Raises Venture Capital Investment

    Tuesday, May 24, 2016 5:44:00 AM PDT | VentureDeal



    San Francisco, California  --  Fundraising technology company SchooLa has secured $3.6 million in venture capital funding, according to an SEC regulatory filing.

    SchooLa wants to make fundraising easy by assisting schools to turn quality clothing into a source of funding.

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

    A total of eight investors participated in the offering.

    SchooLa is still seeking $6.4 million in additional equity investment, according to the filing.

  •  Faraday Sees New Venture Capital Financing

    Tuesday, May 24, 2016 5:19:00 AM PDT | VentureDeal



    Middlebury, Vermont  --  Software developer Faraday has landed $2.5 million in new equity venture capital investment, according to an SEC regulatory filing.

    Faraday has created an "audience management platform" that enables businesses to utilize a variety of data sources and predictive analytics to build high-quality direct marketing lists.

    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.

    Faraday is still seeking $29,000 in additional financing, according to the filing.

Monday, May 23, 2016

  •  Empire Genomics Raises New Venture Capital

    Monday, May 23, 2016 5:40:00 AM PDT | VentureDeal



    Buffalo, New York  --  Biotechnology company Empire Genomics has landed $1.75 million in new equity venture capital investment.

    Empire says that its mission is to "improve individual patient care through the integration of innovative molecular diagnostic technology."

    BroadOak Capital Partners, Rand Capital and others invested in the financing.

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

    CEO Anthony Johnson co-founded the firm in March 2006.

  •  Convene Collects Series B Venture Capital

    Monday, May 23, 2016 5:19:00 AM PDT | VentureDeal



    New York, New York  --  Meeting room technology company Convene has received $4.5 million in its second round of institutional venture capital funding.

    Convene has developed scheduling technologies to enable enterprises to book conference centers and meeting rooms along with a complete menu of services.

    Arrowpoint Partners and Brookfield Property Partners made the investment.

    The company said the investment will facilitate the rollout of their service platform within the Brookfield property portfolio.

    CEO Ryan Simonetti co-founded the firm in February 2013.

Deal Announcement Archive »

Technology News

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.

Tuesday, May 24, 2016

  •  Avizia Adds Equity Venture Capital Funds

    Tuesday, May 24, 2016 5:02:00 AM PDT | VentureDeal



    Reston, Virginia  --  Communications technology company Avizia has secured $3.1 million in new equity venture capital investment, according to an SEC regulatory filing.

    Avizia says that it develops videoconferencing products to "empower people to change the way they manage their health, learn and collaborate."

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

    A total of nine investors participated in the offering, which is the company's Series A round.

    Avizia is still seeking $11.4 million in additional equity investment, according to the filing.

Monday, May 23, 2016

  •  Bulu Box Bags $1 Million Equity Venture Capital

    Monday, May 23, 2016 5:02:00 AM PDT | VentureDeal



    Lincoln, Nebraska  --  Consumer technology company Bulu Box has raised $1 million in new equity venture capital, according to an SEC regulatory filing.

    Bulu Box has developed a subscription service consisting of a monthly box of "healthy discoveries that will upgrade your health", such as vitamins, health foods and related products.

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

    A total of four investors participated in the offering.

    Bulu Box is still seeking $475,000 in additional equity investment, according to the filing.

Technology News Archive »

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