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AxioMed Closes Series D Financing
AxioMed Spine Corporation, a spinal orthopedics company has closed its Series D financing, raising $5 million in two tranches from current and new investors. This funding boosts the previously announced $15 million Series D financing. Investors in the business include Siemens Venture Capital, Aisling Capital, Fidelity Biosciences, Kearny Venture Partners and OrbiMed Advisors. PRESS RELEASE...
Kickstart Seed Fund Backs GroSocial
Kickstart Seed Fund, Monarch Ventures, Rock & Hammer Ventures and unnamed angel investors have put $1 million into GroSocial, the maker of a drag-and-drop app builder for contests, sweepstakes, and other promotional offers. GroSocial is based in Orem, Utah. PRESS RELEASE GroSocial today announced the close of a $1,000,000 Series A funding round led by...
Vidyo Raises Series D From QuestMark, Juniper, Menlo, Rho, Star And Four Rivers
Vidyo, Inc. said it raised a Series D round of funding in a deal led by QuestMark Partners and joined by Juniper Networks and existing investors Menlo Ventures, Rho Ventures, Star Ventures, and Four Rivers Group. Terms of the investment were not released. Vidyo has raised $97M to date. PRESS RELEASE Juniper Networks’ Junos Innovation...
London-based Quipper Inks $3.6M
London-based Quipper, maker of quiz applications, has raised £2.3m ($3.6m) in Series A funding. Investors include Atomico, Japanese venture firm Globis, and Japanese education and publishing company Benesse. Globis led the funding round. Quipper was formed in 2010. PRESS RELEASE Quipper, the e-learning start-up led by Masa Watanabe, a co-founder of Japanese mobile social gaming...
Alstin Backs Chinese E-Commerce Platform
Alstin, the investment company of German entrepreneur Carsten Maschmeyer has made an undisclosed single-digit million Euro investment into the Chinese E-commerce platform 88tc88. Alstin now holds a significant equity stake in the company which is headquartered in Berlin and Beijing. PRESS RELEASE ALSTIN, the investment company of German entrepreneur Carsten Maschmeyer makes a single-digit million...
ElexoPharm Bags Eurostars Grant
ElexoPharm, a German biotech company headquartered in Saarbrücken and founded as a spin-off of the Department of Pharmaceutical and Medicinal Chemistry of Saarland University headed by Professor Rolf Hartmann has secured a eurostars grant of 2.1 million euros ($2.7 million). The grant, which comes from the German Federal Ministry of Education and Research, will support...
HealthEdge Backs LifeSync
HealthEdge Investment Fund II has acquired a majority interest in LifeSync Corporation, its first portfolio company. Headquartered in Ft. Lauderdale, Florida and founded in 2000, LifeSync is a manufacturer and distributor of patent-protected, disposable, wireless, radiolucent ECG devices that have applications in hospitals and other surgical facilities. PRESS RELEASE HealthEdge Investment Fund II, L.P. (“Fund...
Quipper Celebrates Series A
London-based Quipper, an e-learning start-up led by Masa Watanabe, a co-founder of Japanese mobile social gaming company DeNA, has raised 2.3 million pounds ($3.6 million) in a Series A funding round. The round has been financed by three investors including Atomico, a London-based international technology venture capital firm led by Skype co-founder Niklas Zennström; Globis,...
Solar Startup Solexel Raises $25M, According To Filing
Solar startup Solexel has raised $25 million in new capital, according to a filing with the Securities and Exchange Commission. No other details about the funding were available. The company received Series A financing in 2007 and a Series B round in 2008. Its board includes representatives of Kleiner Perkins Caufield & Byers, Technology Partners...
