Lavante, which develops technology for on-demand recovery auditing and supplier information management, has raised $8 million in Series C financing. SAP Ventures led the round, which included participation from ATA Ventures and Venrock. As a result of the round, SAP Ventures’ Andreas Weiskam has joined Lavante’s board.
3 min read · 14 December 2010
SensorLogic, which develops platforms for machine-to-machine applications, has raised $5 million in new financing. Venture capital firms Sevin Rosen Funds and Boston Millennia Partners led the round, with participation from UPS Strategic Enterprise Fund and Covera Ventures. The company also said Brian Alton has been named chief financial officer. SensorLogic has offices in Boston and Dallas.
3 min read · 14 December 2010
Pulmatrix, a clinical-stage biotechnology company, has raised $5.7 million in a grant from the Defense Advanced Research Projects Agency, a unit of the Department of Defense. Lexington-Mass.-based Pulmatrix develops therapies aimed at preventing and treating respiratory diseases, including those caused by weaponized or engineered pathogens.
3 min read · 14 December 2010
Soladigm, which develops energy-efficient “dynamic glass,” has raised $30 million in Series C financing. The round was led by San Francisco-based DBL Investors and Cayman Islands-based firm Nano Dimension. GE Energy Financial Services also participated in the round, as did existing investors Khosla Ventures and Sigma Partners. As a result of the round DBL Investors’ Cynthia Ringo joins Soladigm's board. The Milpitas, Calif.-based company develops energy-efficient glass designed to switch from clear to tinted on demand, helping buildings reduce heating and cooling costs.
3 min read · 14 December 2010
WebPT, a developer of web-based electronic medical records systems for physical therapists, has raised $1 million in Series A financing. The company closed the round this week from Scottsdale, Ariz.-based Canal Partners. The company plans to expand its development, sales and marketing team and to build out its infrastructure. WebPT is based in Phoenix, Ariz.
3 min read · 14 December 2010
Online retail platform Shopify has raised $7 million from Menlo Park, Calif.-based Bessemer Venture Partners, New York-based FirstMark Capital and Palo Alto, Calif.-based Felicis Ventures. Shopify’s software-as-a-service is designed to provide businesses with easy-to-use e-commerce products. The Series A round will be used to expand its product development and international sales and marketing. The company’s customers include Tesla Motors and Evisu Jeans. Shopify is based in Ottawa, Ontario.
5 min read · 13 December 2010
Russian venture capital firm Runa Capital has invested $500,000 in Hivext.com, the developer of a cloud-based application platform. Hivext is developing technology to allow developers to create low cost cloud-based applications. Moscow-based Runa Capital focuses on investments in cloud computing, Internet and mobile applications.
3 min read · 13 December 2010
Social media marketing start-up Media6Degrees has closed on $17 million in Series B financing from venture firms Menlo Ventures, U.S. Venture Partners and Venrock. As a result of the round, Menlo Ventures managing director Mark Siegel has joined Media6Degrees’ board. Media6Degrees’ technology is designed use to social data to deliver prospective customers to major marketers. The company will use the new financing to bolster its staff, and to continue develop its social targeting technology.
3 min read · 13 December 2010
Beijing-based AltoBeam has raised $6 million in a Series C financing round led by US Venture Partners. Existing shareholders DFJ DragonFund, Tano Capital, and PYJ-Dynasty Venture Fund also contributed to the round. AltoBeam designs semiconductor technology used in television manufacturing. US Venture Partners is based in Menlo Park, Calif. USVP partners Irwin Federman and David Liddle will join AltoBeam’s board as a result of the financing.
1 min read · 13 December 2010
Woburn, Mass.-based 8D World, which had developed a virtual world for English-as-a-foreign-language learners, has raised $5.25 million in Series B financing. Japanese investor Mizuho Capital joins existing investors Spark Capital and Gobi Partners in the financing. Gobi Partners is based in Shanghai. Spark Capital is based in Boston.
4 min read · 10 December 2010
