5 min read · 27 September 2011
4 min read · 27 September 2011
Peak Games, a social gaming company focused on emerging markets, has raised $11.5 million in new funding from investors including Earlybird Venture Capital and Hummingbird Ventures. The money will be used for market expansion, additional game studio acquisitions, hiring and user acquisition, Peak Games announced Tuesday. Peak Games has offices and game studios in Istanbul, Ankara, Amman, Barcelona, Berlin and San Francisco.
5 min read · 27 September 2011
North Bridge Growth Equity has poured $20.5 million into BrightTALK, a provider of webinar and video technologies for business professionals. The money will help BrightTALK with technology development and growth efforts. BrightTALK has offices in San Francisco, New York and London.
3 min read · 27 September 2011
SpineGuard has added $6.2 million in funding to expand its platform for enhanced spinal screw placement, which is designed to make spine surgery safer. Investors included Credit Agricole Private Equity, Innoven Partenaires, A Plus Finance, and Delta Partners. SpineGuard has offices in San Francisco and Paris.
4 min read · 27 September 2011
Lightbank, the venture fund started by Groupon co-founders Eric Lefkofsky and Brad Keywell, has put an undisclosed amount into BodyShopBids, a free online service that enables consumers to get auto repair estimates from local body shops. No terms were released. BodyShopBids was formed in early 2011, and is based in Chicago.
2 min read · 27 September 2011
Clinipace Worldwide, a digital clinical research organization, has raised $15 million in Series C financing. Morgan Stanley Expansion Capital led the round, which included participation from Durham, N.C.-based Hatteras Venture Partners, and Boston-based Brook Private Equity Advisors. The company will use the money to expand its contract research services. The company is based in Research Triangle Park, N.C.
4 min read · 27 September 2011
Miami-based CareCloud has closed on $20.1 million in Series A financing led by Intel Capital. Norwest Venture Partners also contributed to the round, which includes an approximately $3.8 million conversion of debt to equity. The company, which launched in 2010, is a provider of cloud-based healthcare management software. Its technology is designed to provide medical practices with a comprehensive and secure system that unifies clinical, financial, and administrative workflow, the company says.
4 min read · 27 September 2011
Siluria Technologies, a San Francisco-based developer of methane-based alternatives for producing fuels and chemicals normally derived from oil, has raised $20 million in new capital. The Series B round was led by UK-based Wellcome Trust, with participation from Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.
4 min read · 27 September 2011
Toronto-based HomeSav.com, a flash sales site focused on luxury home décor, has raised $1.2 million from entrepreneurs including the Koffler family, founders of Shopper's Drug Mart; and the Metrick family, founders and owners of home furniture retailer ELTE. HomeSav.com was formed in 2010.
4 min read · 27 September 2011