Baseline Ventures has led a $1.4 million round for San Francisco-based cloud application services company Iron.io. Ignition Partners, Cloud Capital Partners, Citrix Systems, and individual investors Jonathan Siegel, Matt Ocko, Jared Kopf and Lance White also participated in the round. As a result, Steve Anderson, founder of Baseline Ventures, will join Iron.io's board. The money will go toward expanding product development and customer acquisition.
5 min read · 07 December 2011
Netflix chief Reed Hastings led an $11 million round for DreamBox Learning, investing through the Charter School Growth Fund, the company announced Wednesday. Also investing in the round were venture capitalist John Doerr, publicly traded GSV Capital Corp. and individual investor Deborah Quazzo. The Web-based learning company was founded in 2006 in Bellevue, Wash., and acquired in April 2010 by the Charter Fund in partnership with Reed Hastings, the company said. The newest funding will go toward product development and distribution efforts.
4 min read · 07 December 2011
TouchType Ltd., the London-based maker of the Android app Swiftkey, has raised $2.4 million in Series A financing. Octopus Investments led the round. The money will be used to continue development and expand staff.
3 min read · 07 December 2011
Aratana Therapeutics, a company developing medicines for companion animals, has closed on $15 million in Series B financing. The company, since its launch earlier this year, has raised a total of $31 million. Existing shareholders MPM Capital, Avalon Ventures and Cultivian Ventures contributed to the round, as did new investor the Ewing Marion Kauffman Foundation. The company is based in Kansas City, Kansas.
2 min read · 07 December 2011
Autodesk led a $10 million Series B round for Los Angeles, Calif.-based Gehry Technologies, a company co-founded by architect Frank Gehry. The round brings Gehry Technologies’ total funding to $15 million. With the new funds, Gehry Technologies will expand its consulting services and continue development of its design and project management technology. The company provides technology and services to developers, architects, general contractors, fabricators, and other building industry professionals.
3 min read · 06 December 2011
Framehawk Inc. has raised $11 million in Series B financing from Matrix Partners and undisclosed existing investors, the company announced Tuesday. The “stealth-mode” company says it is focused on enterprise mobility software. Framehawk previously raised $5.5 million from Alsop Louie Partners, Correlation Ventures and Triangle Peak Partners.
4 min read · 06 December 2011
Cooking.com has inked $13.5 million in financing from BIA Digital Partners II L.P. and Azure Capital Partners. Damien Dovi, a partner at BIA, joined the company's board as an observer. Cooking.com is based in Marina del Ray, Calif.
4 min read · 06 December 2011
Tribogenics has raised $2.5 million from Flywheel Ventures and undisclosed angel investors. The company said it will use the financing to commercialize its X-ray technology. Founded in 2009, Tribogenics is based in Marina Del Rey, California.
2 min read · 06 December 2011
Virtacore Systems Inc., a provider of hybrid cloud services, has sealed an undisclosed amount of financing from Silicon Valley Bank. No terms were released. The financing will be used for working capital and equipment purchases, the company said.
2 min read · 06 December 2011
ZINK Imaging Inc. has closed on $35 million in Series B financing led by Genii Capital. The company develops ink-free printing technology that uses heat-activated paper to print documents and photos without the need for printer cartridges or ribbons. In addition to the funding, the company named former board members Mary Jeffries as Chairman and co-CEO; and Ira Parker as President and co-CEO. ZINK is also backed by Mangrove Capital Partners.
4 min read · 06 December 2011
