Proximal Data, a provider of server-side caching technology for virtualized environments, has closed on $2 million in Series B round of funding, bringing its total funding to $5 million. Current investor Avalon Ventures is participating, with new investor Divergent Ventures leading the round, the company said.
4 min read · 01 April 2013
Deliv has raised $1 million in new capital from General Catalyst, Redpoint Ventures, Trinity Ventures, Operators Fund, and PivotNorth. The company partners with retailers to offer same-day delivery of products. The company is headquartered in Palo Alto, Calif.
3 min read · 01 April 2013
QD Vision Inc., a maker of optical components for LCD applications, has raised $20 million in fresh capital, the company announced Friday. Existing investors North Bridge Venture Partners, Highland Capital Partners, In-Q-Tel, DTE Energy Ventures, Passport Capital, Novus Energy Partners, and Capricorn Investment Group all participated in the round. The company is based in Lexington, Mass.
2 min read · 01 April 2013
Battery Ventures led a $20 million Series C round for Q2ebanking, a provider of electronic banking software for banks and credit unions. Return backers Adams Street Partners and C&B Capital also participated in the round. Q2ebanking is based in Austin, Texas.
2 min read · 27 March 2013
SynapDx Corp., a company developing a “blood-based autism spectrum disorder” diagnostic test, has sealed an undisclosed amount of funding from The Kraft Group. The Kraft Group, headquartered in Foxborough, Mass., is the holding company for the Kraft family's various businesses.
2 min read · 27 March 2013
Moovweb raised $16 million from by Jafco Ventures and Trinity Ventures in its first institutional financing. Existing investors, including Andy Bechtolsheim, also participated in the round.
3 min read · 27 March 2013
Blume Distillation, a provider of bioethanol production equipment, has raised $2.2 million in Series A financing. The money will be used for the assembly of Blume Distillation’s prototype bioethanol production system.
2 min read · 27 March 2013
Horizon Technology Finance Corp. provided a $5.5 million venture loan facility to Lotame Solutions Inc., maker of a data management platform for publishers, ad networks and marketers.
3 min read · 27 March 2013
Ithaca, NY-based GiveGab, the developer of a social network for volunteers, has raised $1.5 million in Series A financing. The financing was led by Cayuga Venture Fund, and included participation from New York City-based Great Oaks Venture Capital; Rand Capital SBIC of Buffalo, NY; and Excell Partners of Rochester, NY.
2 min read · 27 March 2013
Scale Venture Partners led a $15 million round for Demandbase Inc., a company developing a targeting and personalization platform for B2B. The investment included participation by existing investors Sigma Partners, Altos Ventures, Costanoa Ventures, Sutter Hill Ventures and Adobe Systems.
4 min read · 27 March 2013
