DICOM Grid, which develops software to help healthcare professionals manage, search and archive medical images, has raised $7.5 million in Series A financing. Menlo Park, Calif.-based venture firm Canaan Partners led the round, with participation from CHL Medical Partners and other unnamed investors. DICOM is based in Phoenix.
4 min read · 04 November 2010
Redwood City, Calif.-based AeroScout, which develops real-time location technology, has raised $16 million in venture funding. New investor Evergreen Venture Partners led the round, with participation from existing investors Cisco, Greylock Partners, Intel Capital, Menlo Ventures, Pitango Venture Capital and Star Ventures. The new money will help AeroScout expand its technology and adoption of its Wi-Fi-based RFID products.
3 min read · 04 November 2010
Red Foundry has raised $1.1 million in a first round of financing from OCA Ventures and I2A Fund, Reuters reported. The startup develops technology that allows anyone to design and create mobile applications without needing to know programming code. The company is based in Chicago, and will use the money to expand its staff and to launch its technology, which is currently in beta testing.
2 min read · 04 November 2010
AcousticEye has raised an undisclosed amount in Series B financing led by Menlo Park, Calif.-based Sequoia Capital. The Santa Clara, Calif.-based start-up, which develops inspection technology for the heat exchanger industry, will use the money for development and to bolster its sales team. Financial terms of the investment were not released.
3 min read · 04 November 2010
San Francisco-based Nexant has closed a $50 million financing round after adding an investment from Symphony Technology Group chairman Romesh Wadhwani. Nexant develops software for electricity grid operations and energy markets. In September, the company announced that it had raised a total of $43 million for the round, from investors Oak Investment Partners, Intel Capital, TeleSoft and Beacon.
4 min read · 03 November 2010
Austin Ventures has led an $11.5 million seed investment in Silverback Acquisitions, and will committed up to $50 million to the new venture, the firm said. Silverback aims to acquire and consolidate struggling enterprise software companies. Like Austin Ventures, Silverback is based in Austin, Texas.
3 min read · 03 November 2010
Electrolytic Ozone, a company that develops compact ozone generators for health, food safety and medical uses, has inked an undisclosed amount in Series A financing. The Boston-based Electrolytic Ozone, which recently spun out of supermaterials supplier Elements Six Ltd, is backed by that company’s corporate venture fund, E6 Ventures. No details of the funding were released.
4 min read · 03 November 2010
5 min read · 03 November 2010
3 min read · 03 November 2010
Anatole, a provider of software designed to help companies manage telecommunication expenses, has raised 2 million Euro ($2.8 million) from private investment firm A Plus Finance. Anatole will use the money to expand its staff across Europe, and to continue research and development. Paris-based A Plus Finance has 275 million Euro under management.
3 min read · 02 November 2010
