Cibiem, a medical device startup, has raised $10 million in Series A financing from SV Life Sciences and Third Rock Ventures. Cibiem is launching out of the medical device incubator Coridea, and will use the money to develop its catheter-based treatment of diseases such as hypertension, heart failure, diabetes and renal failure, the company said.
5 min read · 17 October 2012
Netbiscuits, a developer of software for “adaptive web development,” has raised $27 million in new funding. Stripes Group led the round, and was joined by existing investor T-Venture. The money will go toward bolstering sales and marketing and expanding research and development efforts.
5 min read · 17 October 2012
Blue Bottle Coffee Inc., the Oakland, Calif., company known for getting its coffee to consumers within 48 hours of being roasted, has apparently taken in just under $20 million in equity financing, according to a recent SEC filing. Index Ventures’ Mike Volpi and True Ventures’ Tony Conrad are listed as directors at the company, according to the filing. Blue Bottle had already taken in some venture money previously, with an undisclosed investment from Kohlberg Ventures. Begun in Oakland in 2002 by James Freeman, Blue Bottle’s revenue has reportedly grown by upwards of 50% annually, to somewhere between $15 million and $20 million last year, Freeman told the Wall Street Journal in February. So far, the company has spread operations from Oakland to locations around New York – even a "little shed" on Rockaway Beach -- and will likely use the infusion to expand further.
1 min read · 16 October 2012
ByteLight, a Cambridge, Mass. startup making LED-based indoor positioning technology, has raised $1.25 million in new funding. VantagePoint Capital Partners led the round. The company’s technology is aimed at enterprise building owners, public safety officials, retail outlets and public spaces, the company says.
4 min read · 16 October 2012
Handybook, a startup that helps people book household services such as handymen, housekeepers and painters, has raised $2 million in seed financing from General Catalyst Partners, Highland Capital Partners and unnamed individual investors. Handybook was spun out of Harvard University's Innovation Lab earlier this year.
3 min read · 16 October 2012
LogicMonitor Inc., a Santa Barbara, Calif.-based maker of data center monitoring software, has raised $8.5 million in new capital, according to an SEC filing.
1 min read · 16 October 2012
GrabCAD, an online community for people designing and building physical products, has closed on $8.15 million in Series B financing. Charles River Ventures led the round, which included participation from new investor David Sacks, co-founder of Yammer and former chief operating officer of PayPal; and existing investors Atlas Venture, NextView Venture, and Matrix Partners.
2 min read · 15 October 2012
Healthrageous Inc., a personalized health technology company, has closed $6.5 million in Series B financing from North Bridge Venture Partners, Egan-Managed Capital, and Long River. The company has raised a total of $15 million since 2010. Healthrageous is based in Boston.
3 min read · 15 October 2012
Promedior Inc., a biotech company developing therapeutics for the treatment of fibrosis, has closed its Series D round with $24.5 million, having added $3 million in new capital from Shire Strategic Investment Group. Other investors in the round include Fibrotec Ventures, Morgenthaler Ventures, HealthCare Ventures, Polaris Venture Partners, Forbion Capital Partners and Easton Capital Investment Group.
3 min read · 15 October 2012
Trumaker Inc., a San Francisco online startup making tailored clothes for men, has raised $1.84 million in new financing, according to regulatory filings.
1 min read · 15 October 2012
