Boise, Idaho-based Balihoo, a provider of local marketing automation software, has raised $5 million from OpenView Venture Partners and Highway 12 Ventures. Both firms are existing investors in Balihoo. The company previously raised more than $12 million from investors.
3 min read · 12 January 2012
Sunnyvale, Calif.-based Senova Systems has raised $6.7 million in Series B financing led by Phoenix Venture Partners. Harris & Harris Group as well as undisclosed existing investors also participated in the round. Senova is developing a pH sensing technology platform, and will use the money for product commercialization, among other efforts.
3 min read · 12 January 2012
Mobile media and social merchandising company Zmags has raised $7 million in financing from Square 1 Bank and from existing investors OpenView Venture Partners and Northcap Partners. Zmags is based in Boston.
3 min read · 10 January 2012
Cincinnati-based ThinkVine, a maker of marketing optimization software, has closed on $8 million in Series C financing. Northwater Capital Management contributed to the round alongside existing investors Draper Triangle, DFJ Portage, CincyTech and Ft. Washington Capital Partners.
2 min read · 10 January 2012
Battery Ventures led a $27 million financing round for conversational marketing technology developer Neolane. Existing investors Auriga Partners, XAnge and Gilles Queru also participated in the round. The money will go toward bolstering sales, marketing and product development efforts.
4 min read · 10 January 2012
GlySure Ltd., a U.K.-based developer of in-hospital continuous blood glucose monitoring systems, has raised $10.9 million in fresh capital. The company will use the Series C round, led by Morningside Venture, to complete clinical trials and seek regulatory approval. Existing shareholders Amadeus Capital Partners, Chester Investments and Delta Partners also participated in the round. GlySure has raised a total of $19.5 million in venture backing.
2 min read · 10 January 2012
Avinger Inc., a maker of multi-functional catheters for treating patients with Peripheral Artery Disease, has closed on $22.5 million in Series C financing. “All existing major investors” participated in the round, with new investors contributing approximately $6 million, the company said in a written release. The firm did not name investors.
2 min read · 09 January 2012
Baird Venture Partners and aeris CAPITAL co-led a Series A round for molecular diagnostic company GenomeDx Biosciences Inc. CD Ventures and individual investors also participated in the financing round. The size of the round was not disclosed. GenomeDx develops molecular diagnostic tests and clinical support tools for cancer medicine.
3 min read · 09 January 2012
Motorola Solutions Venture Capital has put an undisclosed amount into MicroPower Technologies Inc., a maker of surveillance technologies. The investment was part of $6.5 million financing, which will be used to promote MicroPower’s surveillance devices.
3 min read · 09 January 2012
Molecular diagnostics company Aria Diagnostics has secured $52.7 million in Series C financing, the company announced Monday. Investors include Meritech Capital Partners, Venrock and Domain Associates. The company is developing cell-free DNA analysis technology for prenatal tests. The company is based in San Jose, Calif.
2 min read · 09 January 2012
