VCJ Staff

Intent Media Raises $20M from Redpoint Ventures and Matrix Partners

MineralTree Inks $1.5M

With $1.5 million in funding, MineralTree Inc. plans to release its cloud-based banking and payment platform for small and medium-size businesses. .406 Ventures led the round, which closed in February.

DFINE Adds $25M in Fresh Capital

DFINE Inc., a maker of minimally invasive radiofrequency targeted therapies for the treatment of vertebral pathologies, closed a $25 million. Investors include OrbiMed Advisors, Prospect Venture Partners, Split Rock Partners, BBT Fund/Apothecary Capital, Highland Capital Management and Vanguard Ventures.

Comprehend Systems Seals $1.2M

Comprehend System Inc. has raised $1.2 million in seed financing from a slew of investors including Y Combinator, Start Fund, SV Angel, Yuri Milner, Menlo Ventures Talent Fund, Paul Buchheit, Garry Tan, Quotidian Ventures and Crosslink Capital. The company is developing clinical data visualization and analytics software.

Mark Cuban Backs Mention Mobile

Mark Cuban has put $250,000 into Los Angeles-based social gaming company Mention Mobile, the company announced Tuesday. Cuban, owner of the NBA champion Dallas Mavericks, will be given a minority equity stake in the company. Mention Mobile was formed in 2010.

Bitzer Mobile Seals $4.75M

Sunnyvale, Calif.-based Bitzer Mobile has closed on $4.75 million in a round of financing led by Acero Capital. Chevron Technology Ventures also contributed to the round. Bitzer Mobile makes a software platform designed to securely extend access to enterprise applications and content on mobile devices as native apps.

Deutsche Bank Launches $16M Social Investment Fund

Deutsche Bank has launched a 10 million pound ($16 million) fund to invest in sustainable social businesses. The Impact Investment Fund will be managed by Deutsche Bank’s Private Equity group.

Pivot Medical Adds $32M Series C

Sunnyvale, Calif.-based Pivot Medical, which develops minimally invasive hip restoration technologies, has raised $32 million in Series C financing. Adams Street Partners, a new investor, led the round. New investor Delphi Ventures, founding investor Montreux Equity Partners, and existing investor Ivy Capital Partners also contributed.

AMEX Launches $100M Investment Fund

American Express Co. is launching $100 million fund to invest in early stage start-ups and other businesses in areas including loyalty and rewards, mobile and online payment management, security and fraud detection and data analysis, Reuters reported Tuesday. The credit card giant is also looking into partnerships and acquisitions as it expands more into digital commerce. Amex setting up an office in Silicon Valley to oversee the effort.

PunchTab Inks $4.4M Series A

Palo Alto, Calif.-based PunchTab Inc. has raised $4.4 million for its loyalty and giveaway platform for bloggers and businesses. Mohr Davidow Ventures led the Series A round, which will be used to further develop the company’s platform.