EveryMove, a Seattle-based company developing a health-based rewards program, has raised a Series A-1 funding of $3.5-million from BlueCross BlueShield Venture Partners, Sandbox Industries, and Blue Cross and Blue Shield of Nebraska. The company’s app offers consumers the equivalent of a mileage rewards program for their health.
3 min read · 05 April 2013
Tulsa, Oklahoma-based ICEdot, maker of a crash sensor attached to the safety helmet of cyclists, skiers and other sports participants, recently closed on $1.03 million in Series A financing. A pair of investment funds managed by i2E Inc. led the round, which included co-investment from Oklahoma angels. i2E investment included $300,000 from its StartOK Accelerator Fund and $200,000 from its OK Angel Sidecar Fund.
2 min read · 04 April 2013
ElectNext has raised $1.3 million from investors including Brooklyn Bridge Ventures. The company says it aims to provide contextual political data to media properties.
5 min read · 03 April 2013
Victory Park Capital announced a $75 million credit facility for Kabbage Inc., a leading online provider of small business financing. Victory Park Capital led the facility while Thomvest Ventures, an existing equity investor, participated in the commitment, the company said Wednesday.
3 min read · 03 April 2013
Earlybird Venture Capital has joined Bright Capital and Kite Ventures in backing online fine art and auction house Auctionata. The Berlin-based company has raised $20.2 million for expansion, recruiting and technology development.
2 min read · 03 April 2013
Tealium, a maker of enterprise tag management technology, has raised $15.6 million in Series C financing. The company is backed by Tenaya Capital, Battery Ventures and Presidio Ventures.
5 min read · 03 April 2013
BA Insight, a developer of advanced search technology, has added $4.5 million, bringing the total amount raised to date to $15.7 million. The company is backed by Milestone Venture Partners, Osage Venture Partners, Paladin Capital Group and Originate Ventures.
3 min read · 03 April 2013
ProcessUnity, a risk management software company based in Concord, Mass., has raised $5 million in a Series C round led by Rose Park Advisors' Disruptive Innovation Fund. The money will be used to expand marketing and sales.
2 min read · 03 April 2013
Midokura, a network virtualization startup, has closed a $17.3 million Series A round. The money will be used for development and for the company’s “go-to-market” efforts. Innovation Network Corporation of Japan led the round. Other investors include NTT Investment Partners L.P. and Innovative Ventures Fund Investment L.P.
4 min read · 03 April 2013
Really Simple Software Inc., maker of the streaming DVR “Simple.TV” platform, has raised $5 million in Series A financing from New World Ventures. New World Ventures, a member of The Pritzker Group, is a multi-stage venture capital firm.
2 min read · 03 April 2013
