Sioux Falls, South Dakota-based DocuTAP, a provider of electronic health records and practice management technology for urgent care providers, has raised $11.9 million in Series B financing. Bessemer Venture Partners provided the financing, along with return backer Bluff Point Associates.
3 min read · 02 May 2013
CardioFocus has added $11 million in debt financing, the company announced. The credit facility was awarded to CardioFocus from both Oxford Finance and Silicon Valley Bank. CardioFocus is headquartered in Marlborough, Mass.
3 min read · 02 May 2013
Clinical development company AltheRx Pharmaceuticals has announced a restructuring – which includes $15 million in fresh capital – and has also named Jim Bennethum as chief executive officer. Bennethum joins from Becker Ventures, where he is executive vice president. The company also said that Jeffrey O’Donnell, managing director of BioStar Ventures, will serve as Vice Chair of its Board.
4 min read · 02 May 2013
ORIX Ventures said that it has closed a subordinated term loan to Virtustream, a provider of enterprise class cloud software and services. The money will be used for growth capital, the firm said. Specific terms of the deal were not released.
3 min read · 01 May 2013
Ascension Health Ventures and Heritage Group have put an undisclosed amount of new capital into Vivify Health Inc., formerly known as Intuitive Health. The company develops a cloud-based “Remote Care Management” platform for hospitals and home health agencies.
5 min read · 01 May 2013
HybridCluster, an early stage software company, has raised $1 million in fresh capital from investors including Jason Seats, former vice president of engineering at Rackspace Cloud; Charles Grimsdale, partner at Eden Ventures; Anil Hansjee, former Head of Corporate Development, Google EMEA; and Toivo Annus, former Head of Engineering at Skype.
4 min read · 01 May 2013
Intel Capital, Samsung Venture Investment Corporation, and Telefonica Digital have made a strategic investment in San Francisco-based Expect Labs, the company announced Tuesday. The company, which is making a platform for “intelligent digital assistants,” will use the money for development. Expect Labs was formed in 2011.
5 min read · 30 April 2013
San Jose, Calif.-based RetailNext Inc. has raised $15 million in Series C financing. The company, a provider of analytics that enable retailers and manufacturers to monitor, collect, analyze, and visualize in-store data, is backed by StarVest Partners, August Capital, Nokia Growth Partners and Commerce Ventures. StarVest Partners led the latest round, with General Partner Laura Sachar joining the company’s board. John Gardner, a managing partner at Nokia Growth Partners, joins as board observer. This round brings the total capital raised by RetailNext to $29 million.
4 min read · 30 April 2013
Razorsight, a provider of cloud-based analytics for the communications industry, has sealed a $3 million loan facility from Horizon Technology Finance Corporation. The money will be used for expansion.
2 min read · 15 April 2013
Detroit-based Superior Capital Partners and Ann Arbor, Mich.-based Plymouth Venture Partners have put an undisclosed amount of capital into XanEdu Holdings, a division of NAPC Holdings. NAPC Holdings is a platform created by Superior Capital in 2009. Details of the round were not disclosed.
2 min read · 15 April 2013
