Saturn Partners related stories
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Tech Pioneers Fund to raise $50 mln venture-capital fundThe Tech Pioneers Fund has set out to raise a $50 million venture-capital fund, according to a filing with the SEC.
OMERS Ventures leads $7 mln financing of Kaleo SoftwareEl Segundo, California-based Kaleo Software, an enterprise cloud platform for capturing and sharing employee know-how, has raised US$7 million in follow-on funding. OMERS Ventures, the venture investment arm of the Ontario Municipal Employees Retirement System (OMERS) led the round, with participation from Saturn Partners, and from existing investors Karlin Ventures, Qualcomm Ventures, Double M Partners and Greycroft Partners. Kaleo, which was founded in 2012, said it plans to use the proceeds of the round to continue development and enhancement of its knowledge-sharing technology solution.
- Kaleo Software nabs $7 mln
El Segundo, California-based Kaleo Software, an enterprise cloud platform for capturing and sharing employee expertise, has raised $7 million in funding. OMERS Ventures led the round with participation from Karlin Ventures, Qualcomm Ventures, Double M Partners, Greycroft Partners and Saturn Partners.
- Small biz owners social net Alignable grabs $8 mln: CORRECTED
Waltham, Massachusetts-based Alignable, a social network for small business owners, has raised $8 million in funding. Mayfield led the round with participation from previous backers Saturn Partners, NextView Ventures and Lead Edge Capital. CORRECTION: Due to a press release error, a previous version of this report incorrectly stated that Lead Edge Capital invested in Alignable. Instead, it was Lead Edge Ventures. The report has been corrected.
- Express KCS grabs financing from Saturn Partners
Express KCS has received follow-on funding from Saturn Partners. No financial terms were disclosed. Express KCS is a provider of outsourced creative pre-media and production solutions for marketers.
- Small biz social net Alignable nets $3.54 mln
Alignable has secured $3.54 million in funding. Saturn Partners led the round. Based in Waltham, Mass., Alignable is an online social network for locally owned small businesses.
- Week in deals, Nov. 24, 2008
Summary of tech companies and other businesses that raised financing in North America in the past week
- Knopp Neurosciences Adds $6.6 Million
Knopp Neurosciences Inc., a Pittsburgh-based developer of biomarkers and drug therapy for amyotrophic lateral sclerosis, said that current investors have exercised $6.6 million in Series B2 warrants, bringing the company’s total venture capitalization to $27 million. Backers include Saturn Partners, Kramer Capital Partners and LaunchCyte LLC.