Virtacore Systems Names Phill Lawson-Shanks as CTO
Virtacore Systems, a Sterling, Va.-based provider of hybrid clouds backed by Insight Venture Partners, has brought aboard Phill Lawson-Shanks as CTO. Lawson-Shanks previously served as the chief strategy officer of Nimbus Exchange and as chief strategy officer at Alcatel-Lucent. . He also spent many years with Compaq Computer in both Europe and the U.S. PRESS RELEASE: Virtacore...
Viddy Raises $6M From Battery, Greycroft, Qualcomm
Viddy said it raised $6 million dollars in Series A financing in a deal led by Battery Ventures and joined by co-investors Greycroft Ventures and Qualcomm. The ne wmoney will enable the mobile video company to accelerate international expansion and bring its app to new devices, including the iPad. PRESS RELEASE Viddy Announces $6 Million...
Pasteurization Technology Group Raises $1 Million
San Leandro, Calif., based Pasteurization Technology Group, whose wastewater disinfection process creates renewable energy, has raised $1 million from EIC Ventures, the investment arm of Canada-based Concorde Group. PRESS RELEASE: Pasteurization Technology Group (PTG), innovator of the only wastewater disinfection process that creates renewable energy, has secured a $1 million investment from EIC Ventures, an...
Ignite Game Technologies Raises $5M Series C
Ignite Game Technologies said it received $5 million of Series C funding from existing and new private investors.
Ignite Game Technologies Raises $5M Series C
Ignite Game Technologies said it received $5 million of Series C funding from existing and new private investors.
Cardon Healthcare Merges with Outreach Services
Cardon Healthcare Network, which is backed by Serent Capital, has combined with Outreach Services. Financial terms were not announced. The new company, headquartered in Woodlands, Texas, will be called Cardon Outreach. The company will provide revenue cycle management services to hospitals. PRESS RELEASE Serent Capital, a private equity firm focused on investing in profitable, high-growth...
Marker Hill Leads $6.5 Mln Round for Concordia Coffee
Concordia Coffee Systems has raised $6.5 million in new financing led by Marker Hill Capital. Prior investors Fluke Capital Partners, Swiftsure Capital as well as several Seattle angel investors, also participated. Concordia makes self-serve commercial espresso systems.
ALung Tech Completes $10 Mln Series B Round
ALung Technologies has closed a $10 million series B financing round. Participants included existing shareholders, co-investors of Eagle Ventures, and Birchmere Ventures. ALung develops advanced respiratory products.
The Sexy and Non-Sexy of Vator Splash: PHOTOS
During a night when sprightly Box CEO Aaron Levie energized the crowd at Vator Splash with his take on what makes enterprise technology sexy, a non-sexy startup won the event’s pitch competition. Helsinki, Finland-based Flowdock was judged by a panel of VCs to be the best of 10 startups that competed Thursday night at the...
Mobeam Adds to Series A
San Francisco-based Mobeam Inc., a developer of technology to help mobile phones interacti with retail laser scanners, has added $1.5 million to its Series A round, bringing the round to $6.4 million. The company added as an investor DFJ Athena, a Korea-focused venture fund affiliated with Draper Fisher Jurvetson. PRESS RELEASE Mobeam inc. (www.mobeam.com) announced...

