VCJ Staff

Cignifi Closes Series A Financing

Cignifi, a company developing a platform to connect banks and insurers to consumers without traditional credit histories, has raised an undisclosed amount of Series A financing. Omidyar Network led the round. Cignifi is based in Cambridge, Mass.

OptiMedica Closes on $35M

OptiMedica Corp. has raised $35 million in growth financing to help commercialize its laser technology for cataract surgery. Existing venture backers including Kleiner Perkins Caufield & Byers, Alloy Ventures, DAG Ventures, BlackRock Private Equity Partners and Bio*One Capital participated in the round. Founded in 2004, the company is based in Sunnyvale, Calif.

Spindle Labs Inks $2.3M

Spindle Labs Inc., a developer of search technology, has raised $2.3 million in venture funding, and recently released the company’s app in iTunes. The company is backed by Polaris Ventures, Greylock Partners, Lerer Ventures, SV Angel, Atlas Ventures, Broad Beach Ventures, Project 11, Ray Ozzie and Raman Narayanan. Spindle Labs is based in Boston.

Always Prepped Raises $650,000

Always Prepped has raised $650,000 in seed financing for its data-driven classroom technology, designed for K-12 teachers. Silicon Valley-based True Ventures led the round. Angel investors Hooman Radfar and former Blackboard EVP Todd Gibby also invested in the company.

This Technology Inks $7.5M

This Technology Inc., a maker of software for video advertising insertion, has raised $7.5 million in Series A financing. General Catalyst Partners led the round. As a result, General Catalyst Partners’ Neil Sequeira has joined the company’s board. The infusion will help This Technology expand its development and support efforts.

Vuclip Closes $13M Series D

Vuclip, a mobile video and media company, has raised $13 million in Series D funding. SingTel Innov8 led the round, with participation from existing investors NEA and Jafco Ventures. Vuclip is based in Milpitas, Calif.

Miradore Inks $1.5M

Miradore, a provider of automated IT and mobile device management services, has closed on $1.5 million in new funding. Backers include Inventure, a Finnish venture capital firm, and Belgian investor Willem Hendrickx. Miradore is headquartered in Finland

Chernin Group Backs Base79

Base79, an online video company and Youtube network based in Europe, sealed an undisclosed amount of equity financing from The Chernin Group. Existing investor MMC Ventures also contributed to the round. The money will be used for expansion. Formed in 2007, Base79 has offices in London, New York and Sydney.

Origami Logic Raises $9.3M

Origami Logic, developer of a visual marketing analytics platform, has raised $9.3 million in Series A financing. Accel Partners' Big Data Fund and Lightspeed Ventures Partners were among the investors.

Reed Elsevier Ventures Leads Round for Activate Networks

Activate Networks Inc. raised $10 million in a Series B round led by Reed Elsevier Ventures. Existing investor Excel Venture Management, and new investor Premier healthcare alliance also participated. Newton, Mass.-based Activate Networks Inc. is a provider of network analytics for business.