Lancaster, Penn.-based appMobi has raised $6 million in Series B financing from undisclosed angel investors. The money will help appMobi expand its engineering staff, and its marketing efforts for its cloud-based mobile application technology.
3 min read · 26 January 2011
Smaato, a developer of mobile advertising technology, has closed on $7 million in venture financing led by Singapore-based EDBI. Private equity firm Aeris Capital also contributed to the round, which will be used for international expansion. Smaato has offices in Redwood Shores, Calif., Germany and Singapore.
3 min read · 26 January 2011
IgnitAd, the developer of online advertising optimization products for publishers, has raised $2 million in venture funding led by DFJ Tamir Fishman Ventures and JVP Media Labs. The Israeli company’s technology is designed to auction any publisher's display ad inventory across ad exchanges, ad networks and other partners.
3 min read · 26 January 2011
Omek Interactive, an Israeli developer of gesture recognition software, has closed an undisclosed amount of Series B financing from undisclosed private investors. The company also added gaming industry executives Jonathan Epstein as president, and Jon Grande as executive vice president.
4 min read · 26 January 2011
Israeli venture firm JVP led a $50 million round for CyOptics, a company focused on optical chip technology. Existing shareholders Sprout Group, Birchmere Ventures and Eurofund also participated in the round. JVP founding partner Erel Margalit will join the CyOptics board as a result of the funding. CyOptics has operations in Lehigh Valley, Penn., South Plainfield, NJ, and Matamoros, Mexico.
4 min read · 26 January 2011
Campus Explorer, an online site that matches students to colleges based on their interests, has raised an undisclosed amount of Series C financing. Vicente Capital Partners led the round. Existing investors OCA Venture Partners and Origin Ventures also participated pro-rata in the round. Campus Explorer will use the capital to expand its technology infrastructure and form partnerships with schools.
4 min read · 26 January 2011
Medical device company Nexstim Oy has raised 11.4 million euro ($15.6 million) for its noninvasive brain diagnostic and therapy technologies. New investor Lundbeckfond Ventures led the round, which included participation from new investor Ilmarinen Mutual Pension Insurance Company, and existing investors HealthCap, Life Sciences Partners, Sitra and Finnish Industry Investment Ltd. Founded in 2000, the Finland-based company has raised roughly 30 million euro to date.
2 min read · 26 January 2011
Marketing start-up Crowd Factory has raised $6.5 million in a venture round led by new investor Storm Ventures. Existing investors Hummer Winblad, Peninsula Ventures and undisclosed angel investors also participated in the round. Storm Ventures’ Ryan Floyd joins Crowd Factory’s board as a result of the financing. Crowd Factory will use the new money to expand its development and marketing of its social marketing applications.
4 min read · 26 January 2011
Lexington, Mass.-based RainDance Technologies, which develops microdroplet-based solutions for single molecule and single cell analysis, has raised $37.5 million in Series D financing. New investor Quaker BioVentures and existing investor Mohr Davidow Ventures co-led the round, which also included participation from Alloy Ventures and Acadia Woods. Quaker BioVentures’ Sherrill Neff and Acadia Woods’ Jeffrey Samberg will join the RainDance board.
3 min read · 25 January 2011
Boulder, Colo.-based Graphicly, a provider of online comic books, has raised $3 million in Series A funding. DFJ Mercury led the round, which included participation from 500 Startups, Dundee VC, Ludlow Ventures and undisclosed angel investors. The company will use the money to develop and expand its online entertainment platform, which will include audio commentaries, video, music and interactive components.
2 min read · 25 January 2011
