FlexMinder, a Seattle-based company that aims to aggregates and automates the reimbursement process for healthcare flexible spending accounts, has closed its Series AA round with $1.4 million from WRF Capital, Founder’s Co-op, and unnamed angel investors.
3 min read · 31 January 2013
Nashville-based LiveSchool Inc. has raised $1.65 million for development and marketing of its app to track student behavior at school. Investors include Nashville Capital Network and its affiliated Tennessee Angel Fund; Solidus Company; Rick Theobald, former COO at KIPP Nashville; and Steve Butler, former board member at STEM Prep Academy in Nashville.
2 min read · 31 January 2013
Convercent, a maker of cloud-based culture and compliance software, has raised $10.2 million in fresh capital. Azure Capital Partners and Mantucket Capital led the round. City National Bank also participated.
3 min read · 29 January 2013
DataGravity has raised $30 million in Series B financing led by Andreessen Horowitz. Previous investors Charles River Ventures and General Catalyst Partners also participated. The Nashua, New Hampshire-based company is developing technology to help IT managers and administrators extract value and information from stored data without the use of complex software.
4 min read · 29 January 2013
Online home decorating company Houzz has raised $35 million in Series C financing, with aims to bolster the company’s engineering and design teams. New Enterprise Associates and GGV Capital led the round, with participation from Sequoia Capital, Comcast Ventures, Kleiner Perkins Caufield & Byers and Yammer founder David Sacks. Houzz also announced that it would launch a premium service for design professionals, calls Houzz Pro+. Houzz is based in Palo Alto, Calif.
3 min read · 29 January 2013
MentiNova Inc., which is developing an oral medication to help treat symptoms of Parkinson’s disease, has raised $500,000 in new funding. Foundation Venture Capital Group, a New Jersey Health Foundation affiliate, provided the money, which will go toward research and development.
3 min read · 28 January 2013
London-based clinical development company Avillion has raised an undisclosed amount from Abingworth and Clarus Ventures. Terms were not released. Clarus Ventures is based in Cambridge, Mass., and South San Francisco, Calif. Abingworth has office in London, Boston, and Menlo Park, Calif.
3 min read · 28 January 2013
Zoom Video Communications raised an undisclosed amount from series A from Qualcomm Ventures. The company, which makes a cloud service to enable HD video meetings and mobile screen sharing, was also funded in the round by individual investors Jerry Yang, Subrah Iyar, Dan Scheinman, and Bill Tai.
3 min read · 28 January 2013
Transgenomic Inc., which is traded on the over-the-counter Bulletin Board, has raised $8.3 million in financing from new and existing investors, including entities associated with Third Security. The money will be used for working capital, the company said.
4 min read · 25 January 2013
Front Flip, a Leawood, Kansas-based loyalty marketing company, has raised $3.75 million in Series B financing. The new round brings Front Flip's fundraising total to $7.7 million. Front Flip's Series B funding was led by Jon Darbyshire, executive chairman of the Archer Foundation.
3 min read · 25 January 2013
