AirTight Networks, Inc. said it raised $10 million of Series D financing in a deal led by existing investors Trident Capital and CMEA Capital. The company has now raised a total of $48.75 million.
3 min read · 15 July 2013
The state pension fund continues its recent trend of annually adding venture funds to its portfolio
2 min read · 15 July 2013
PathoQuest said it raised about $4.96 million from new investors Idinvest and Aurinvest, and existing investor Kurma Life Science Partners. PathoQuest is a molecular diagnostics company.
4 min read · 12 July 2013
Drip Drop Inc. said it has had an initial close on $2.3 million from a group of investors led by Pacific Advantage Capital. The round is expected to close on July 29. The new money comes just 10 days after the company announced a $3 million Series A financing.
3 min read · 12 July 2013
Startups developing technology for the financial industry have long been a target for venture investors. Since 2008, more than $9 billion has been steered into 1,315 deals. The annual total continues to rise. Last year’s dollars committed rose 22% and deal volume climbed 20%.
2 min read · 11 July 2013
Crocus Technology said it raised $45 million in a round led by Idinvest Partners and joined by new investor Industrial Investors and existing investors Sofinnova Ventures, Innovation Capital, Nanodimension and Ventech also participated.
3 min read · 11 July 2013
NanoSatisfi said it raised $300,000 from Grishin Robotics. The funding follows the company's crowdfunding campaign on KickStarter, where it raised more than $100,000 from about 700 backers in 30 days.
4 min read · 11 July 2013
Life360 said it raised $10 million of Series B funding in a deal led by DCM and joined by existing investors. The company has now raised $20 million to date. The company will use the money for product enhancements, distribution and the localization of its app for international markets.
3 min read · 10 July 2013
Heliae said it raised $28.4 million from existing investors including members of the Mars family and the Salim Group and new investor Thomas J. Edelman. The funding will be used to operate and expand Heliae’s first commercial algae facility in Gilbert, Ariz.
3 min read · 09 July 2013
Venture capitalists distributed $8.1 billion to startups in the second quarter, an increase over the previous three quarters, but down from a year ago, according to PitchBook. The deal count also declined from the second quarter of last year.
1 min read · 09 July 2013