CarbonCure Technologies has raised $3.5 million in Series B financing. BDC Venture Capital led the round with participation from Eagle Cliff Partners, Innovacorp and 350 Capital. According to the company, the capital infusion will be used for expansion. Based in Halifax, Nova Scotia, CarbonCure develops clean technologies that convert waste CO2 into stone within concrete.
4 min read · 11 December 2013
Ooyala said Wednesday that it has secured $43 million in funding from Telstra, an Australian telecommunications company. Headquartered in Mountain View, Calif., Ooyala is a provider of video streaming, analytics and monetization solutions. Its backers include Sierra Ventures, Rembrandt Venture Partners, CID Group and Motorola Mobility.
3 min read · 11 December 2013
According to an announcement on its site, UlEvolution has closed $8 million in funding. Intel Capital led the round with participation from Shaw Ventures. Also, as a result of this transaction, the company has named Marc Yi, managing director at Intel Capital, to its board of directors. Based in Kirkland, Washington, UlEvolution is a provider of connected screen software and services.
1 min read · 11 December 2013
Invitae Corp. has closed $40 million in Series E financing. Investors included Genomic Health, Randy Scott, Thomas McNerney & Partners, Redmile Group, Genesys Capital and Casdin Capital. Based in San Francisco, Invitae is a genetic diagnostics company that specializes in hereditary disorders.
2 min read · 11 December 2013
UK delivery company MetaPack said Wednesday that it has acquired XLogics Group. No financial terms were disclosed. Based in Europe, Xlogics is a shipping provider. MetaPack is backed by Index Ventures, Cross Atlantic Capital Partners and Brainspark.
3 min read · 11 December 2013
Bluenose Analytics said Wednesday that it has raised $10 million in funding. The investors were Social+Capital Partnership and Norwest Venture Partners. In conjunction with the funding, Mamoon Hamid and Matthew Howard have been added to Bluenose Analytics' board of directors. Headquartered in San Francisco, Bluenose Analytics is a provider of customer retention solutions.
3 min read · 11 December 2013
Shippable has closed $2 million in seed funding. Founders Co-op led the round with participation from Divergent Ventures, Madrona Venture Group, Vulcan Capital and several unnamed angel investors. Based in Seattle, Shippable helps developers speed up software deployment.
4 min read · 11 December 2013
Freedom Financial Network said Wednesday that it has received $125 million from private investment firm Vulcan Capital. According to Freedom Financial Network, the capital infusion will be used for growth and to launch FreedomPlus, a new personalized lending platform. Based in San Mateo, Calif., and Tempe, Ariz., Freedom Financial Network is a provider of consumer credit advocacy services.
4 min read · 11 December 2013
Relay Ventures said Wednesday that it has promoted Alex Baker to partner. Previously, Baker, who is based in Relay Ventures' Toronto office, worked as a management consultant at BearingPoint and PwC Consulting. Relay Ventures is an early-stage venture capital firm with offices in Toronto and Menlo Park, Calif.
2 min read · 11 December 2013
New York-based social gifting company eGifter has raised $1.7 million in funding. New York-based social gifting company eGifter has raised $1.7 million in funding. Bob Brill of Newlight Management led the round. Other investors included Barry and Brian Rubenstein from Wheatley Partners and BDS Venture Fund LLC and Russ Artzt, the co-founder of Computer Associates (now CA Technologies).
3 min read · 11 December 2013