Ballast Point Ventures related stories
All articles and analysis
Ballast Point leads $10 mln investment in PowerChordBallast Point Ventures led a $10 million investment in St. Petersburg, Florida-based PowerChord Inc, a provider of digital brand management software and services. The Burton Partnership also participated in the investment round.
- The Zebra inks $17 mln Series A
The Zebra, an Austin-based car insurance comparison platform, has raised $17 million in Series A funding. The investors included Silverton Partners, Daher Capital, Ballast Point Ventures and Mark Cuban.
- Iconixx raises $10 mln
Iconixx said Tuesday it raised $10 million in funding co-led by Harbert Venture Partners and S3 Ventures with participation from existing investor Ballast Point Ventures. Austin-based Iconixx provides compensation management software.
- Ballast Point and River Cities back TissueTech
Regenerative tissue engineering company TissueTech has closed $15 million in funding. The investors were River Cities Capital Funds and Ballast Point Ventures.
Cipher Pharmaceuticals purchases VC-backed Innocutis for $45.5 mlnCipher Pharmaceuticals Inc (TSX: CPH) has acquired Innocutis Holdings LLC, a U.S. dermatological therapy company, for US$45.5 million in cash. The Mississauga, Ontario-based Cipher said the acquisition facilitates its entry into the United States and advances its goal of creating a leading North American dermatology business. The deal was supported by US$100 million of senior secured notes provided by funds affiliated with Athyrium Capital Management, a New York specialty finance firm. Based in Charleston, South Carolina, Innocutis has been a portfolio company of U.S. venture capital firm Ballast Point Ventures since 2011.
- River Cities Capital Funds closes $200 mln for fifth fund
River Cities Capital Funds has raised $200 million in the final close of its fifth fund. The target was $150 million.
- Ballast Point Ventures and River Cities Capital Funds Invest in TissueTech
TissueTech said Thursday that it has raised $10 million in financing from Ballast Point Ventures and River Cities Capital Funds. Based in Miami, Florida, TissueTech is a provider of regenerative tissue engineering.
- BPV Exits Matrix
BPV has completed a successful exit from Matrix Medical Network in a secondary buyout of the company to private equity firm Welsh, Carson, Anderson & Stowe. Matrix Medical Network is a provider of prospective health assessments for Medicare Advantage health plans. The company's nurse practitioners provide in-home assessment services for more than 45 health plans and medical groups in 33 states.
- Tower Cloud Atrracts Further Funding
Wireless services provider Tower Cloud has secured $49 million in equity funding to fuel expansion and growth of its 4G wireless backhaul networks. The latest round of funding was led by two of Tower Cloud’s existing investors, The Burton Partnership and Knology, Inc. Tower Cloud’s other existing institutional investors include: Sutter Hill Ventures, El Dorado Ventures, Ballast Point Ventures, Kinetic Ventures, ITC Partners Fund and Noro-Moseley Partners. For this round, two new investors joined the strong consortium, The Florida Growth Fund and CLR Investors.
- Week in deals, Sept. 27, 2010
Summary of tech companies and other startups in North America that raised venture financing in the past week