Boston-based Netra Inc, a provider of visual intelligence and search technology, announced it raised $1.85 million in seed-stage funding led by Launchpad Venture Group and NXT Ventures. Zelkova Ventures, Mark Cuban, Berwind Group and other prominent angel investors also participated in the round. The funding brings the total amount raised by Netra to $2.95 million. The company, which was a part of Techstars Boston 2015 class, focuses on all the photos and videos posted online to held identify consumer preferences and engagements. The technology was developed from research at MIT.
1 min read · 09 June 2016
Oakland-based Omicia Inc, a provider of clinical genome interpretation and reporting software, announced it has raised a little more than $23 million in Series B funding. Several new investors participated in the round, including UPMC Enterprises, Roche Venture Fund, LDV Partners, Ping An Ventures, and a large genomics investor, as well as existing investors ARTIS Ventures, Acadia Woods Partners and Buchanan Investments. Omicia says it has now raised about $31.5 million, including a $6.8 million Series A round and $1.5 million in seed funding.
1 min read · 08 June 2016
Oakland-based Omicia Inc, a provider of clinical genome interpretation and reporting software, announced it has raised a little more than $23 million in Series B funding. Several new investors participated in the round, including UPMC Enterprises, Roche Venture Fund, LDV Partners, Ping An Ventures, and a large genomics investor, as well as existing investors ARTIS Ventures, Acadia Woods Partners and Buchanan Investments. Omicia says it has now raised about $31.5 million, including a $6.8 million Series A round and $1.5 million in seed funding.
1 min read · 08 June 2016
Despite a slowdown in the startup funding environment in the past six months, Amplitude is scheduled to announce today it has raised a $15 million Series B round led by Battery Ventures. Existing investors Benchmark Capital, Data Collective, Merus Capital and Quest Venture Partners also participated, Amplitude CEO Spenser Skates said.
2 min read · 08 June 2016
Despite a slowdown in the startup funding environment in the past six months, Amplitude is scheduled to announce today it has raised a $15 million Series B round led by Battery Ventures. Existing investors Benchmark Capital, Data Collective, Merus Capital and Quest Venture Partners also participated, Amplitude CEO Spenser Skates said.
2 min read · 08 June 2016
Ohio TechAngel Funds (OTAF), which invests in Ohio-based companies in IT, advanced materials and life sciences, announced it has raised $5.1 million for its fifth fund. Half of the funds came from accredited investors, while the State of Ohio matched the other half with a loan, said OTAF Managing Director Parker MacDonell. OTAF raised $7.3 million in a similar structure for its fourth fund, which it began putting to work in 2014. MacDonnell said that fund is about two-thirds invested.
1 min read · 08 June 2016
Ohio TechAngel Funds (OTAF), which invests in Ohio-based companies in IT, advanced materials and life sciences, announced it has raised $5.1 million for its fifth fund. Half of the funds came from accredited investors, while the State of Ohio matched the other half with a loan, said OTAF Managing Director Parker MacDonell. OTAF raised $7.3 million in a similar structure for its fourth fund, which it began putting to work in 2014. MacDonnell said that fund is about two-thirds invested.
1 min read · 08 June 2016
U.K.-based companies raised the most of any country in the month, pulling in more €233 million during May
2 min read · 07 June 2016
The pace of venture capital deals dropped in Q1 and preliminary numbers show Q2 will be even slower.
4 min read · 06 June 2016
The pace of venture capital deals dropped in Q1 and preliminary numbers show Q2 will be even slower.
4 min read · 06 June 2016
