Phreesia, a provider of patient check-in systems, has completed a $20 million Series D funding round of equity financing. New investor VantagePoint Venture Partners, a healthcare venture capital firm, invested $6 million in the round. Another new investor was Ascension Health Ventures, while return investors included Polaris Venture Partners, HLM Venture Partners, Long River Ventures and BlueCross BlueShield Venture Partners.
3 min read · 28 September 2010
White Deer Energy, a recently-formed private equity firm focusing on exploration and production, has invested $50 million in Fiberspar, a designer and manufacturer of pipeline products. Fiberspar will use the funds to reduce its debt and expand manufacturing capacity, while White Deer has reserved an additional $25 million to invest in Fiberspar in the future. White Deer Energy has offices in Houston and New York.
3 min read · 28 September 2010
Media company NetShelter Technology Media, which has offices in San Francisco, New York and Toronto, has closed a $15 million round of Series B funding led by Rho Ventures, with return investors including Rho Ventures’ affiliate, Rho Canada, and JLA Ventures. NetShelter comprises more than 200 tech content sites and blogs.
5 min read · 28 September 2010
Mobile advertising company Verve Wireless Inc. has closed a $7 million round of fund-raising led by BlueRun Ventures. There were a number of return investors, including The Associated Press. Verve intends to the use the capital to expand its platform of advertising services.
4 min read · 28 September 2010
UK-based mobile ticketing company Masabi has secured a $2 million investment from m8 Capital, a venture capital fund which focuses on the mobile technology sector. Masabi will use the money to install its ticketing systems with UK rail companies.
3 min read · 28 September 2010
3 min read · 27 September 2010
4 min read · 27 September 2010
DecImmune Therapeutics, a Massachusetts-based medical research company, received a $1 million equity investment from Astellas Venture Management, the company has announced. DecImmune also received $2.2 million in Phase II Small Business Innovation Research funding from the National Institutes of Health. Amgen Ventures and HealthCare Ventures also participated in the financing.
4 min read · 27 September 2010
Harvest Automation, a robotics company, has closed a Series A funding round with a $1.3 million investment from Founder Collective, a Cambridge, MA-based venture capital fund. The funding round raised $5.3 million, with other Series A investors including Cultivian Ventures (formerly Midpoint Food and Ag Fund), and Massachusetts Technology Development Corporation. Colin Angle, CEO of iRobot, and Mick Mountz, CEO of Kiva Systems, have joined Harvest Automations advisory board.
3 min read · 27 September 2010
Kayne Anderson Energy Funds, which invests in oil and gas companies, has invested $75 million in Newton Energy Partners, LLC, an oil and natural gas company based in Houston, Texas. Newton was founded by Bud Newton in 2010 to acquire and develop oil and gas prospects in the Permian Basin, mid-continent and Gulf Coast.
2 min read · 27 September 2010
