Asian mobile media company Affle has raised more than $10 million from D2 Communications Inc., a Japanese mobile advertising company. Affle has also raised Series A and B venture money from investors including Microsoft Corp., Itochu Corp., Bennett Coleman & Co. and Centurion Private Equity.
4 min read · 05 October 2011
3 min read · 05 October 2011
4 min read · 05 October 2011
Chicago-based Lightbank, the venture firm started by Groupon co-founders Eric Lefkofsky and Brad Keywell, is among those backing Cloudbot in a recent venture round. The startup develops a mobile and web app designed to aggregate a person’s online presence into a single interface. Draper Associates and Hyde Park Angels also contributed to the financing. The amount of funding was not disclosed.
3 min read · 04 October 2011
Predixion Software has raised $6 million from DFJ Frontier, Miramar Venture Partners and Palomar Ventures. A strategic investor led the round, though Pedixion did not disclose the name of the company. Predixion will use the Series B financing to build out its predictive analytics technology for the healthcare sector.
2 min read · 04 October 2011
Recovery Media LLC, a Brooklyn-based startup formed by former Radar magazine editor Maer Roshan, recently raised $2.4 million, according to a regulatory filing. Recovery Media is the parent company of TheFix.com, a daily news website about addiction and recovery. Maer serves as chief executive for the company. Paul McCulley, a former PIMCO managing director, is listed as a member of the Recovery Media board. TheFix.com launched in March 2011.
1 min read · 04 October 2011
Praesidian Capital has provided $6.6 million in debt financing to K1 Speed Inc., an Irvine, Calif.-based operator of indoor go-kart racing tracks. The senior debt will be used to open new locations in Santa Clara, Calif., and Austin, Texas.
2 min read · 04 October 2011
Enlighted Inc., which just launched its lighting and energy management platform, announced that it had also sealed $14 million from investors Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson and Intel Capital. Formed in 2009, the company develops technology to enhance the efficiency and functionality of lighting.
4 min read · 04 October 2011
Startwire, a Lebanon, N.H.-based job search startup, has raised $3.25 million in Series A financing. Baird Venture Partners led the round. Startwire's technology is designed to provide application status updates to job seekers.
3 min read · 04 October 2011
Kepha Partners, a Waltham, Mass.-based venture capital fund, has sealed $73.7 million in commitments for its second fund, Kepha Partners II L.P., according to an Oct. 3 regulatory filing.
1 min read · 04 October 2011
