2 min read · 21 April 2011
2 min read · 21 April 2011
1 min read · 21 April 2011
3 min read · 21 April 2011
KellBenx, a biotech company developing technology for non-invasive prenatal diagnosis of genetic and inherited disorders, has closed on $2.5 million in an initial round of venture financing. The company, formed in 2010 and based in New York, did not disclose the names of its investors. The round will finance a clinical trial and laboratory testing of a new, minimally invasive blood test, the company said.
2 min read · 21 April 2011
Gate Technologies has raised $3.5 million in new capital from venture investor John Pappajohn, Reuters reported. Based in New York, Gate Technologies focuses on secondary markets, and will use the funding to expand its infrastructure. Pappajohn will join the company’s board. Pappajohn is the founder and president of the Des Moines, Iowa-based firm Pappajohn Capital Resources.
1 min read · 21 April 2011
Rivet Games, a developer of web, social and mobile games, has closed an undisclosed amount of Series B financing, bringing the total raised to $15 million. Existing investors Softbank Capital, Baseline Ventures, and Floodgate all contributed to the round, and were joined by new investor Outpoint Capital. Rivet Games is headquartered in San Francisco, Calif.
2 min read · 21 April 2011
New York-based Aristotle Circle Inc. has closed on $2 million in Series B financing. Rho Ventures led the round, which will be used for continued development and to bolster sales. The company has created an online network designed to help families navigate education and admissions processes. The company is also backed by angel investors including Thomas Lehrman; Tracked.com founder Michael Yavonditte; 24/7 Media co-founder Geoff Judge; Josh Stylman; and Jeff Stewart.
3 min read · 21 April 2011
Phoenix-based Unique Home Designs Inc. has closed on $11.5 million in equity and debt financing. Sid R. Bass Associates provided $8.5 million in an equity investment. The $3.5 million debt portion of the round was provided by Comerica Bank. The company will use the proceeds to expand its product offerings and bolster its sales and manufacturing. Unique Home Designs manufactures and markets security screen doors, gates, and window guards.
2 min read · 20 April 2011
Scanbury Inc. has closed $5 million in new venture capital from investors including Motorola Solutions Venture Capital and Hudson Ventures. Scanbury is a developer of mobile barcode technology. The company is also backed by Masthead Venture Partners.
4 min read · 20 April 2011
