BigCommerce, the maker of an e-commerce platform, has raised $15 million in Series A financing from General Catalyst Partners. Larry Bohn, managing director at General Catalyst, has joined the BigCommerce board. The money will be used to expand the company’s staff in Sydney and Austin, Texas.
3 min read · 01 August 2011
Advertising technology start-up EDO Interactive has closed on an undisclosed amount of Series B financing co-led by Baird Venture Partners and VantagePoint Capital Partners. The money will help EDO expand its sales, technology and analytics staff. As part of the round, BVP partner Benedict Rocchio and VantagePoint managing director Tom Bevilacqua will join the company’s board. William Blair & Co. assisted EDO with the fundraising. The terms of the deal were not disclosed.
4 min read · 01 August 2011
Peterson Partners led a $2 million investment in Eyewitness Surveillance, a maker of remote video surveillance and monitoring services for automobile dealerships and other businesses. The Cambria Group and several individual investors also contributed to the round. The deal is Peterson’s first investment from its $50 million Fund VI. Peterson Partners is based in Salt Lake City.
4 min read · 01 August 2011
Woburn, Mass.-based PathoGenetiX Inc., a developer of genome sequence scanning technology, has raised $4 million in a first close of its Series B financing. Excel Venture Management led the round, which also included investments from CB Health Ventures and HealthCare Ventures. The company has sealed commitments for $9.5 million in total Series B financing.
3 min read · 01 August 2011
S3 Ventures led a $4 million venture round for Austin, Texas-based Kimbia Inc., a maker of Web-based fundraising and event management software. Previously, the company was backed by its founders and angel investors. S3 Ventures is a group of entrepreneurs focusing on early stage investments in the Southwest, especially Texas.
2 min read · 01 August 2011
Intuity Medical Inc., a developer of glucose monitoring technologies for managing diabetes, has closed a second tranche of its Series D financing, bringing the round’s total to $76 million. Accuitive Medical Ventures joined as a new investor. The firm is also backed by Investor Growth Capital, Thomas McNerney and Partners, Venrock, Versant Ventures and U.S. Venture Partners. Intuity Medical is based in Sunnyvale, Calif.
3 min read · 01 August 2011
Hires, promotions and other personnel changes at Rembrandt, Norwest, Intel, Andreessen Horowitz and other VC firms
3 min read · 01 August 2011
3 min read · 29 July 2011
2 min read · 28 July 2011
3 min read · 28 July 2011