Medical robotics company Medrobotics Corporation has closed on up to $10 Million in new debt financing from Hercules Technology III, L.P., an affiliate of Hercules Technology Growth Capital Inc. The money will help fund the company’s commercial launches in Europe and the U.S.
2 min read · 22 March 2013
Boston-based EverTrue, maker of an education fundraising platform, has closed on a $5.25 million Series A funding round led by Bain Capital Ventures. Other investors in the round include Boston Seed Capital, TechStars CEO David Cohen, Bonobos CEO Andy Dunn and Trunk Club CEO Brian Spaly. The money will go toward product development and team expansion in engineering, design, sales and marketing.
3 min read · 21 March 2013
Vasona Networks Inc., a developer of platforms for mobile network capacity and resource management, has closed a recent $12 million Series B round, bringing its total funding to $22 million. Bessemer Venture Partners led the round, with participation by New Venture Partners. Vasona Networks is based in Santa Clara, California, with research and development offices in Tel Aviv, Israel.
3 min read · 20 March 2013
SynCardia Systems Inc., maker of an artificial heart used as bridge to transplant for people suffering from end-stage heart failure, has raised $19 million in new capital. The funding includes a $15 million structured financing from Athyrium Opportunities Fund, as well as a $4 million follow-on equity investment from existing shareholders.
4 min read · 20 March 2013
ShareThis has acquired Socialize, a maker of technology for app developers, and also announced that it has raised $23 million in Series C financing. The new round is led by T-Venture, the venture capital arm of Deutsche Telekom, and includes participation from Harbourton, Blue Chip Venture Company, DFJ, Illinois Ventures, Matthew Pritzker Company, Mercury Fund and RPM Ventures. Bernhard Gold of T-Venture will join the company's board.
3 min read · 20 March 2013
Tech Coast Angels has $3.2 million to a Savara Pharmaceuticals Series B financing. This markes the largest single funding ever raised by the TCA network. Savara is focused on the treatment of pulmonary methicillin-resistant Staphylococcus aureus infection in cystic fibrosis patients.
2 min read · 20 March 2013
GetMyBoat.com, a peer-to-peer site that allows consumers to rent boats, has raised $500,000 in angel funding. The company is based in San Francisco.
2 min read · 19 March 2013
Liquid Robotics has raised $45 million in Series E financing, led by Riverwood Capital. Liquid Robotics is a maker of autonomous ocean robots and ocean data services. The funding will go toward development. VantagePoint Capital Partners, an existing investor, also participated.
3 min read · 19 March 2013
Content marketing and syndication platform NewsCred has raised $15 million in new funding from Mayfield Fund, Greycroft Partners, FirstMark Capital and IA Ventures. Mayfield Fund led the round. As a result, Rajeev Batra, a partner at Mayfield Fund, will join NewsCred's board. Formed in 2008, NewsCred has offices in New York, London and Dhaka.
4 min read · 19 March 2013
Mayfield Fund led a $30 million Series C round for Hadoop technology company MapR Technologies Inc. Existing investors Lightspeed Venture Partners, NEA and Redpoint Ventures also participated, bringing total funds raised to $59 million. The Series C round will be used for expansion, and research and development.
3 min read · 19 March 2013
