TrackVia said it raised $7.1 million in a fundraising round led by Longworth Venture Partners and Fairhaven Capital, and joined by Access Venture Partners, Flywheel Ventures, Draper Associates and Allen & Company. The funds will go to expand sales, marketing and engineering operations at the applications development services company.
3 min read · 24 September 2012
Double Robotics said it raised $250,000 from Grishin Robotics. No other deal terms were available. Double Robotics is a recent Y Combinator graduate and says its $2,499 telepresence robot has $1.2 million in pre-orders, or 600 units, in the month since its launch.
3 min read · 21 September 2012
Today few companies target the enterprise market, says Rich Miner, a partner at Google Ventures. But the opportunity could be huge, he predicted at the GigaOM Mobilize conference.
2 min read · 21 September 2012
Mediafed said it is acquiring Taptu, developer of a mobile news reader. Financial details of the transaction were not disclosed.
3 min read · 20 September 2012
Space‐Time Insight said it raised $14 million in Series B funding from new investors EnerTech Capital, Novus Energy Partners and ClearSky Power & Technology Fund, and existing investors Opus Capital Ventures and Start Up Farms International. Novus Founding Partner Martin Aares and ClearSky Power & Technology Fund Managing Director, James Huff will join the board, according to a press release.
3 min read · 19 September 2012
Twitch said it raised $15 million in a Series B deal led by Bessemer Venture Partners and joined by Alsop Louie Partners and Draper Associates. The company, formerly named TwitchTV, will expand its engineering department.
3 min read · 19 September 2012
Ambient Sound Investments, the fund started by Skype co-founders, said it achieved its first portfolio company exist with the sale of Modesat Communications by Xilinx. Terms of the deal were not released.
3 min read · 18 September 2012
GENWI said it raised $2 million from Floodgate and Elevation Partners. GENWI, of Los Altos, Calif., has a cloud based publishing platform for mobile devices. It raised $4 million last fall from Nexus Venture Partners, Inventus Capital Partners, and Quest VenturePartners.
4 min read · 18 September 2012
Silver Spring Networks signaled its determination to complete an initial public offering by announcing a planned $12-million private placement with its largest shareholder, Foundation Capital.
1 min read · 17 September 2012
Appnomic Systems said it raised $5 million in Series C funding from Norwest Venture Partners. This new round brings total investment in the company to $12.5 million. Appnomic will expand U.S. operations and enhancing product development.
3 min read · 17 September 2012
