Electronics retailer RadioShack, which is backed by GE Capital, has named John W. Feray as its new executive vice president and CFO. The appointment becomes effective February 6, 2014.
3 min read · 13 January 2014
Madison Vaccines said Monday that it has raised $8 million in Series A funding. Venture Investors led the round with participation from Wisconsin Alumni Research Foundation, Venture Management and the State of Wisconsin Investment Board. Based in Madison, Wisc., Madison Vaccines is a biopharmaceutical company focused on treating prostate cancer.
4 min read · 13 January 2014
Ivantis said Monday that it has raised an additional $14 million in Series B funding, bringing the total to $46.5 million. The investors in the round included Ascension Ventures, Vertex Ventures, GBS Ventures, EDBI, MemorialCare Innovation Fund, NEA and Delphi Ventures. According to Ivantis, the capital infusion will be used to support the company's ongoing clinical trials. Based in Irvine, Calif., Ivantis is a developer of solutions for glaucoma.
4 min read · 13 January 2014
According to a post on its blog, Path has received $25 million in Series C funding. Investors included Bakrie Global Group, Kleiner Perkins Caufield & Byers, Index Ventures, Greylock Partners, Insight Venture Partners, Redpoint Ventures and First Round Capital. Based in San Francisco, Path is a mobile personal network.
1 min read · 13 January 2014
SNUPI Technologies said Monday that it has closed $7.5 million in Series A funding. Washington Research Foundation Capital led the round with participation from Madrona Venture Group and various unnamed investors. Headquartered in Seattle, SNUPI Technologies is a provider of sensor networks and home health monitoring services.
3 min read · 13 January 2014
Rebellion Photonics has raised $10.4 million in Series A financing. The investors were Tinicum and unnamed private investment partnerships advised by Tinicum. Headquartered in Houston, Rebellion Photonics is a provider of cameras to detect gas leaks for oil rigs and refineries.
2 min read · 10 January 2014
Ifbyphone said Friday that it has closed an additional $9 million in funding, bringing the tally to over $30 million. The round was led by River Cities Capital Funds with participation from Apex Venture Partners, Origin Ventures, I2A and SSM Partners. Also, the company has named Steve Dimmitt as vice president of customer experience and Josh Mallamud as vice president of strategic partnerships. Based in Chicago, Ifbyphone is a marketing automation provider.
5 min read · 10 January 2014
Aethon has secured $3 million in funding from Mitsui USA, a subsidiary of Mitsui & Co. According to Aethon, the capital will be used to support the company's plans to expand its sales team and beef up its marketing output. Headquartered in Pittsburgh, Aethon is a healthcare logistics solution provider.
3 min read · 10 January 2014
According to the Wall Street Journal, seasoned MIddle East investor Fadi Ghandour has teamed up with the International Finance Corp. to launch a new venture fund. The target is $75 million and the closing is expected to be in April. The fund will focus on MENA tech startups. It will also be managed by Ghandour's investment firm Wamda Capital, which will offer between $1 million and $3 million to the pool. The IFC will reportedly contribute between $10 million and $15 million to the fund.
1 min read · 10 January 2014
Denver-based cloud provider Peak (formerly known as PeakColo) has closed $4 million in financing. The investors were existing backers Meritage Funds and Sweetwater Capital. According to Peak, the funding will be used to "support key partnerships."
3 min read · 10 January 2014
