Mobiplex, a Silicon Valley venture specializing in mobile sports performance technology based on miniature wireless sensors and mobile device apps, has raised $3.1 million in Series A funding from a group of private investors. The investment will accelerate global sales growth and advance product innovation.
2 min read · 31 October 2012
LevelEleven, a company focused on enterprise gamification and CRM solutions, has launched with $1 million in seed funding led by Detroit Venture Partners with an equity stake from ePrize. Originally developed and incubated at ePrize, the new company will be headquartered in Motor City's innovation hub in downtown Detroit.
4 min read · 31 October 2012
Conductor, a search engine optimization technology business, has secured $20 million in Series C financing led by Investor Growth Capital. Existing investors FirstMark Capital and Matrix Partners also participated in the round.
6 min read · 31 October 2012
NuPathe, a specialty pharmaceutical company has closed a previously disclosed $28 million sale of securities. Leerink Swann LLC acted as lead placement agent and MTS Securities, LLC acted as co-placement agent in connection with the financing. NuPathe also announced James A. Datin, executive vice president and managing director and Brian J. Sisko, senior vice president and general counsel at Safeguard Scientifics, along with Richard S. Kollender, partner at Quaker Partners Management were appointed to NuPathe's board of directors.
6 min read · 24 October 2012
Social marketplace Rewarder has announced its public launch after an initial phase of private beta testing. The business has also has closed a $7 million Series A funding round led by Granite Ventures and Radar Partners, which also includes leading angels such as Ron Conway, David Lee, and Kenny Lerer.
4 min read · 24 October 2012
FundersClub, a marketplace for private investing, has closed a significant round of seed funding. Investors in the round included First Round Capital, Y Combinator, Draper Associates, Felicis Ventures, Spark Capital, Digital Garage, Intel Capital, Y Combinator-affiliated funds (Andreessen Horowitz, Start Fund, SV Angel, and General Catalyst Partners), Investmon Sarl, NetPrice, Global Venture Alliance and Plug and Play Tech Center.
3 min read · 22 October 2012
BloomReach, a creator of big data marketing applications, has secured $25 million in Series C funding, led by New Enterprise Associates. Existing investors including Lightspeed Venture Partners and Bain Capital Ventures, also participated in the third round, bringing BloomReach's total funding to $41 million to date. BloomReach is headquartered in Mountain View, CA.
4 min read · 18 October 2012
FormFactor has completed the acquisition of MicroProbe. Headquartered in California, MicroProbe is a provider of advanced SOC wafer test solutions. The company’s backers include Flywheel Ventures, Intel Capital and Gemini Investors.
3 min read · 18 October 2012
Marinexplore, a big data collaboration platform for searching, analyzing and collaborating with ocean data, has closed its seed funding round led by Intertrust Technologies Corporation. Other participants of this round include private investors from Silicon Valley, Singapore, Norway and Estonia, including Fredrik Astrup, offshore entrepreneur Lars Erik Baustad, Marek Kiisa (Astrec Invest, first investor of GrabCAD) and Ivar Siimar (WNB, investor in Defendec smart dust technology and other cleantech companies).
3 min read · 18 October 2012
Mercia Fund Management has received a 1.5 million pounds ($2.42 million) funding boost for its Mercia Fund 1 which works with West Midlands universities. The fund is supported by just over 1 million pounds from the European Regional Development Fund, which is managed by the Department for Communities and Local Government and matched by six West Midlands universities and Mercia Fund 1.
3 min read · 18 October 2012
