StreetHub said Friday that it has closed $1.2 million in seed funding. Index Ventures and Octopus Investments led the round with participation from Playfair Capital and Avonmore Developments. The capital infusion will be used for growth and expansion. Based in the UK, StreetHub is a local online marketplace for independent shops.
4 min read · 20 December 2013
CRAiLAR Technologies is in talks to close a CAD$2 million private placement with Hydra Ventures B.V., the corporate venture arm of the Adidas Group. Based in Victoria, British Columbia, CRAiLAR is a natural fiber provider.
3 min read · 19 December 2013
Hatchbuck has raised $1.25 million in funding. Cultivation Capital was the lead investor. Holekamp Ventures also participated in the round. In conjunction with the funding, Cultivation Capital's Clifford Holekamp will join Hatchbuck's board of directors. Based in St. Louis, Missouri, Hatckbuck is a provider of sales and marketing software for small businesses.
2 min read · 19 December 2013
Vensun Pharmaceuticals said Thursday that it has closed $15.8 million in Series B financing. JW Asset Management led the round. Based in Yardley, Penn., Vensus is a generic pharmaceutical company.
2 min read · 19 December 2013
According to AllThingsD, Freshdesk has raised $7 million in Series C funding. The site reported that existing investors Accel Partners and Tiger Global Management participated in the round. Based in Walnut, Calif., Freshdesk is a provider of customer support solutions.
1 min read · 19 December 2013
Rheonix has closed $14 million in debt and equity financing. The capital infusion will be used to expand the company's physical facility and launch its first commercial product. Existing investors Cayuga Venture Fund and Rand Capital SBIC led the round. Headquartered in Ithaca, NY, Rheonix is a provider of molecular testing solutions.
3 min read · 19 December 2013
ResolutionTube said Thursday that it has raised $1.5 million in Series Seed funding. Madrona Venture Group led the round with participation from Acceleprise Ventures, TechStars CEO David Cohen, Rudy Gadre, Owen Van Natta and Vijay Vashee. Based in Seattle, ResolutionTube is a provider of customer service solutions.
3 min read · 19 December 2013
Telly said Thursday that it has closed $8 million in Series B funding. The investors were Cinemagic, Lumia Capital, Azure Capital, Draper Fisher Jurvetson, Felicis Ventures and Georges Harik. Also, the company has acquired Sha-Sha Entertainment, a Middle East entertainment provider. No financial terms were disclosed. Based in San Francisco, Telly is a social video site.
2 min read · 19 December 2013
Floored said Thursday that it has raised $5.26 million in Series A funding. RRE Ventures led the financing with participation from new investor Greycroft Partners and return backers Two Sigma Ventures, Lerer Ventures and Felicis Ventures. Based in New York City, Floored is a provider of next-generation 3D data capture and visualization software.
4 min read · 19 December 2013
Persistent Venture Fund has made an undisclosed investment in DxNow. Based in Boston, DxNow is developing advanced micro-fluidic and imaging technologies for point-of-care diagnostic solutions.
3 min read · 18 December 2013
