Nipendo, a developer of cloud-based, supplier trading software, has raised an $8 million Series B round. Horizons Ventures led the round. Previous investor Tel Aviv-based Magma Venture Partners also participated in the round. Nipendo will use the capital to expand into the U.S. with a new headquarters in Boston, Mass.
4 min read · 11 March 2013
MacuLogix Inc., startup focused on early detection and tracking of age-related macular degeneration, has raised a $3.6 million Series A round. Investors include Berwind Private Equity, Roche Venture Fund, Life Sciences Greenhouse of Central Pennsylvania, and Ben Franklin Technology Partners of Central and Northern Pennsylvania. The company is based in Hummelstown, Penn.
2 min read · 11 March 2013
Bridge, a Philippines-based financial services startup, has launched with $24 million in capital from Accion, Bamboo Finance, DEG, FMO and Bridge's founding principal and chairman Paul Kocourek. The company is based in Manila.
4 min read · 11 March 2013
Matterport, a developer of 3D scanning technology, raised $5.6 million in Series A financing. The company is backed by Lux Capital, which led the round, and by Felicis Ventures, Red Swan Ventures, Greylock, and Qualcomm Ventures. The company is creating a “3D camera and interactive viewing platform.”
2 min read · 07 March 2013
SalesFUSION has raised $1 million in Series A-1 venture capital. The Atlanta-based company, a maker of B2B marketing automation software, is backed by Hallett Capital.
3 min read · 07 March 2013
Nevro Corp., a medical device company focused on improving pain relief, has raised $48 million in Series C financing. New investor Novo Ventures led the round, and was joined by New Enterprise Associates and Covidien Ventures. Existing investors participating in this financing round included Accuitive Medical Ventures, Bay City Capital, Johnson & Johnson Development Corporation, Mayo Clinic, MPM Capital, and Three Arch Partners. Nevro is based in Menlo Park, Calif.
2 min read · 07 March 2013
Vistar Media has raised $1.5 million in a seed round led by Valhalla Partners. Mercury Fund and Ben Franklin Technology Partners also participated. Vistar Media develops “place-based” media ad serving technology.
4 min read · 06 March 2013
Soldsie, a service that allows users to make purchases within comments on Facebook, has raised $1 million in seed funding. Backers include 500 Startups, e.ventures and FundersClub. Former Facebook employees Yun-Fang Juan and Jonathan Ehrlich, Peanut Labs founder Prosper Nwankpa, and angel investors Elliot Loh and Tom Kelly also participated, the company said.
3 min read · 06 March 2013
Cincinnati-based SoMoLend Holdings, a debt-based crowdfunding platform, has closed its $2.18 million seed-stage-funding round, having inked a recent investment of $400,000 from QED Investors. The money will be used for continued development, and well as to expand marketing.
2 min read · 06 March 2013
BASIS Science Inc., a San Francisco-based startup developing a wrist-based health tracker and online platform, has raised $11.5 million in Series B funding. The round was led by Mayfield Fund, with investment from existing investors DCM and Norwest Venture Partners. Tim Chang, Managing Director at Mayfield, joins Basis' board of directors.
4 min read · 06 March 2013
