Legolas Media, the developer of an online advertising marketplace, has raised $5 million in a Series B financing led by Valhalla Partners. Current shareholders Greylock Partners and Blumberg Capital also participated in the round. Valhalla’s Kiran Hebbar joins the board as a result of the round.
3 min read · 24 March 2011
2 min read · 23 March 2011
Atlanta-based Mobile Tag, a provider of mobile barcode and NFC-based marketing products, has raised $8.2 million in Series B financing. Investors include existing shareholders XAnge Private Equity, Alven Capital, IDF Capital and new investor Skandinaviska Enskilda Banken Venture Capital.
4 min read · 23 March 2011
Digital advertising start-up SocialVibe has raised $20 million in new financing. Palo Alto, Calif.-based Norwest Venture Partners led the round as a new investor. Existing shareholders Redpoint Ventures, Jafco Ventures and Pinnacle Ventures also joined in the round. As a result Jeff Crowe from Norwest will join the company’s board. SocialVibe has previously raised more than $23 million across two earlier rounds.
5 min read · 23 March 2011
San Mateo, Calif.-based start-up Motista has closed on $4.5 million in Series A financing from El Dorado Ventures. El Dorado General Partner Tom Peterson joins Motista’s board as a result of the round. Motista is a developer of online marketing technology.
3 min read · 23 March 2011
2 min read · 23 March 2011
Sproxil Inc., a developer of mobile technology designed to verify pharmaceutical products, has raised $1.8 million from Acumen Fund. The financing will help Sproxil expand its sales teams in the U.S. and Nigeria, the company said, as well as to bolster its technology development. Acumen Fund is a non-profit venture fund which invests in company’s addressing poverty in South Asia and East Africa.
4 min read · 23 March 2011
DIRTT Environmental Solutions Ltd., a maker of pre-manufactured interior walls, has closed on $22 million in financing led by New York-based Expansion Capital Partners. Investment firms NGEN Partners, Apex Venture Partners, Export Development Canada and North Sky Capital also contributed. As a result, Expansion general partner Diana Propper de Callejon joins DIRTT's board.
4 min read · 23 March 2011
3 min read · 22 March 2011
Dallas-based CoreXchange has closed on an undisclosed amount of funding led by ORIX Corporate Capital. Red Barn Investments, an existing shareholder, also contributed to the round. The money is designed to help CoreXchange expand its data center infrastructure, as well as expand its co-locations services offerings. No terms of the deal were released.
3 min read · 22 March 2011
