Private Equity
Seeq Corp. said Tuesday that it has raised $6 million in Series A funding. Second Avenue Partners led the round with participation from Madrona Venture Group, Clear Fir Partners, Gaylord Kellogg, John Meisenbach and other unnamed investors. Based in Seattle, Seeq is a provider of software and services that turn industrial process data from sensors and instrument systems into useful intelligence.
3 min read · 05 November 2013
Bambeco said Monday that it has raised $4.5 million in funding. New Atlantic Ventures led the round with participation from Maryland Venture Fund and "environmentally conscious angel investors," which include Bruce Cleland, founder of Team in Training. In conjunction with the funding, Thanasis Delistathis, co-founder and managing partner at New Atlantic Ventures, will join Bambeco’s board of directors. Also, the company has named Deborah Baldini as chief creative officer. Based in Baltimore, Bambeco is a home furnishings and décor company for the eco-conscious consumer.
5 min read · 04 November 2013
RallyPoint said Monday that it has secured $5 million in Series A funding. San Francisco based DBL Investors led the round. Based out of the Harvard University Innovation Lab in Boston, RallyPoint is an online network for the military community and its supporters.
3 min read · 04 November 2013
Exagen Diagnostics said Monday that it has completed a senior loan for up to $25 million from Capital Royalty Partners. Headquartered in Albuquerque, New Mexico, Exagen Diagnostics is a provider of laboratory testing specializing in the areas of rheumatology and gastroenterology. It is backed by Tullis Health Investors, Sun Mountain Capital, Cottonwood Capital Partners, EPIC Ventures and Mesa Verde Venture Partners.
3 min read · 04 November 2013
NeuroSky said Monday that it has raised an undisclosed amount of funding from SoftBank Corp. As a result of the transaction, NeuroSky has formed a strategic partnership with SoftBank Mobile Corp. Also, NeuroSky has named Hironobu Tamba, SoftBank Mobile's vice president of its product and services division, to NeuroSky's board of directors. Headquartered in San Jose, Calif., NeuroSky is a provider of body and mind monitoring and analysis technologies.
2 min read · 04 November 2013
Nomorerack said Friday that it has raised $40 million in Series B funding. Oak Investment Partners and HTV Industries led the round. Also, the company has named Dan Harrington, CEO of HTV Industries, to its board of directors. Based in New York, Nomorerack is an online shopping site that provides in-demand goods at significant discounts.
3 min read · 01 November 2013
Once upon a time, crowdfunding was dismissed as the province of desperate wannabees and inveterate ne’er do wells.
2 min read · 31 October 2013
TabTale said Thursday that it has raised $12 million in funding. Qualcomm Ventures and return backer Magma Venture Partners co-led the round, with participation from Vintage Investment Ventures and various private investors. According to the company, the capital will be used for acquiring gaming companies and personnel hiring. Also, TabTale has named Nurit Benjamini as its first chief financial officer. Headquartered in Tel Aviv, TabTale is a creator of children's apps.
3 min read · 31 October 2013
Unitrends said Thursday that it has secured an undisclosed amount of equity funding from Insight Venture Partners. RBC Capital Markets advised Unitrends in this transaction. Headquartered in Columbia, SC, Unitrends is a provider of all-in-one backup solutions.
3 min read · 31 October 2013
Chicago-based social app developer Spartz has closed $8 million in Series A funding. Garland Capital Group, former PepsiCo President John Compton and media executive Charlie Anderson participated in the round. Also, Compton and Garland Capital CEO Gary Holdren, will join Spartz's board of directors.
2 min read · 31 October 2013
