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Startup offers legal work from the cloudWondering why you're paying so much to have routine legal documents prepared? The question lies at the heart of the business model of a start-up company called InCloudCounsel, sister magazine Buyouts reports.
NEED TO MEET: Troy Pospisil, Ben Levi, co-founders, InCloudCounselWondering why you’re paying so much to have routine legal documents prepared? The question lies at the heart of the business model of a start-up company called InCloudCounsel, which has caught the eyes of early, savings-minded clients such as The Carlyle Group, NEA and Oak Hill Capital Partners.
Bitglass raises $25 mln in Series B fundingData protection business Bitglass has raised $25 million in Series B funding. New investors include a large global bank and SingTel Innov8, the venture arm of SingTel Group. Existing investors New Enterprise Associates and Norwest participated in the funding round. Scott Sandell, GP and head of NEA's technology investing practice, will join Bitglass' board. Bitglass has raised a total of $35 million to date.
- IPO Profile: Roka Bioscience Inc
Asiling, NEA, OrbiMed, TPG and other investors saw a 10.16x return on the Warren, N.J.-based company
New Enterprise Associates invests $10.4 mln in IIX's Series A roundIIX Inc, a Silicon Valley startup with ties to Ontario's Niagara region, recently obtained US$10.4 million in Series A financing. The investment was made by U.S. venture capital firm New Enterprise Associates. The company, which offers a software and interconnection platform designed to enterprises, content providers, cloud providers and other network operators, said it will use the proceeds to grow its team and expand its product roadmap and business development activities. IIX received financing last year from the FedDev Ontario. It also has been funded by the Niagara Angel Network and the Golden Triangle Angel Network.
- Merz completes VC-backed Ulthera acquisition
Merz has completed its acquisition of Ulthera, a Mesa, Arizona-based provider of non-surgical lifting and tightening treatments. The value of the transaction is up to $600 million. Ulthera was backed by New Enterprise Associates and Apposite Capital.
People Page: Small forward Anthony hopes wearable investing is a slam dunkDraper’s Six Californias plan gains steam; VC auction brings in more than $100,000
Carmelo Anthony's venture firm invests in The Orange ChefMelo7 Tech Partners, a new venture firm launched by NBA player Carmelo Anthony and Stuart Goldfarb, has made an undisclosed investment in San Francisco-based The Orange Chef Co., a developer of PrepPad, a smart nutrition scale.
- Carmelo Anthony's venture firm invests in The Orange Chef
Melo7 Tech Partners, a new venture firm launched by NBA player Carmelo Anthony and Stuart Goldfarb, has made an undisclosed investment in San Francisco-based The Orange Chef Co., a developer of PrepPad, a smart nutrition scale.
- Movius grabs $13 mln in round led by PointGuard Ventures
Movius Interactive Corp. has received $13 million in funding. PointGuard Ventures led the round with participation from New Enterprise Associates and Anschultz Investments. Movius provides messaging and call completion solutions for the telecom sector.