Philadelphia-based Curalate, a Pinterest analytics and marketing platform, has raised $3 million in Series A financing. NEA led the round, with participation from First Round Capital and MentorTech Ventures. The round follows a $750,000 seed round from the same three institutional investors. As part of the funding, Patrick Chung, a partner at NEA, and Josh Kopelman, partner with First Round Capital, join the Curalate board.
3 min read · 17 January 2013
Bessemer Venture Partners led an $8.6 million round for Intigua, an enterprise cloud management company. Cedar Fund and individual investors also participated in the Series A round. Intigua focuses on virtualizing management applications, turning them into on-demand datacenter services, the company says.
4 min read · 17 January 2013
Fusion Coolant Systems has raised $600,000 in Series A financing with The Frankel Fund, a University of Michigan student-led venture capital fund, as the lead investor. Also participating was The Amherst Fund, Automation Alley, Detroit Enterprise Fund, First Step Fund and The Michigan Pre-seed Fund. Fusion Coolant Systems is focused on advanced metalworking coolants and lubricants, and will use the money for sales, marketing, and product development.
3 min read · 17 January 2013
San Francisco software startup 15Five has raised $1 million in seed financing from investors including Richmond Global, 500 Startups and several individual investors including Jason Calacanis, David Sacks and John Ham. The company is a subscription-based SaaS that is focused on helping managers view the progress of their teams over a typical workweek.
3 min read · 17 January 2013
BetterCloud, a provider of cloud management tools for Google Apps, has raised $5 million in Series A financing. Flybridge Capital Partners led the round, with participation from Greycroft Partners, TriBeCa Venture Partners, Bear Creek Capital, and BLH Venture Partners. The Series A raise brings BetterCloud’s total funding to $7.2 million.
2 min read · 11 January 2013
Peerless Network Inc., a provider of carrier and enterprise interconnection services, has closed $15 million in debt financing from Square 1 Bank. The money will go toward growth efforts.
2 min read · 10 January 2013
AxioMed Spine Corp., an Ohio-based spinal orthopedics company, has raised $3.6 million from current and new investors. Specifics of the financing were not disclosed. The company develops products for patients with degenerative spine disease.
1 min read · 10 January 2013
Debiopharm Group led a $3 million Series A investment for Spinomix SA, a Swiss company focused on molecular diagnostic technologies. Debiopharm Group is a Swiss-based global biopharmaceutical group of companies.
3 min read · 09 January 2013
Kitsy Lane, maker of a platform for launching online jewelry and accessories businesses, has raised $3.5 million in Series A financing. Data Point Capital and Longworth Venture Partners led the round. Existing investor Point Judith Capital contributed. Data Point Capital's Scott Savitz joins the company’s board.
4 min read · 09 January 2013
Miami-based startup BlueKite has closed on $1.5 million in financing from investors including PeopleFund. BlueKite develops technology to help consumers who have emigrated to support friends and families back in their home countries. The company’s services include cross-border bill payment for services in countries including Mexico, Guatemala, Honduras and El Salvador.
3 min read · 09 January 2013
