News

Deal Announcements

Thursday, September 18, 2014

  •  Fleksy Nabs Venture Capital Debt Funds

    Thursday, September 18, 2014 5:45:00 AM PDT | VentureDeal

       San Francisco, California  --  Software technology company Fleksy has received $1.45 million in venture capital debt funding, according to an SEC regulatory filing.

    Fleksy is developing technology that makes it easier to type text on a touch screen.

    Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

    Fleksy is still seeking $550,000 in additional financing, according to the filing.
  •  Bluebridge Bags $1 Million Seed Venture Capital

    Thursday, September 18, 2014 5:30:00 AM PDT | VentureDeal

       Fishers, Indiana  --  Mobile technology company Bluebridge has landed $1 million in seed stage venture capital funding.

    Bluebridge designs mobile applications for a variety of customer verticals to operate on its subscription-based platform.

    Individual investors made the investment.

    The company will use the proceeds to expand its team of 50 employees and continue development of its mobile app platform.

Wednesday, September 17, 2014

  •  Kateeva Collects $38 Million 4th Venture Capital Round

    Wednesday, September 17, 2014 5:45:00 AM PDT | VentureDeal

       Menlo Park, California  --  Manufacturing technology company Kateeva has raised $38 million in its Series D round of venture capital financing.

    Kateeva said that it hopes to reduce the cost of making flexible and large-scale OLEDs.

    Investors in the round included Samsung Ventures, Sigma Prime Ventures, Spark Capital, Madrone Capital Partners, New Science Ventures, DBL Investors and others.

    The company said it would use the funding to support its manufacturing strategy and expand its global customer satisfaction efforts.
  •  Docker Connects with Series C Venture Capital

    Wednesday, September 17, 2014 5:30:00 AM PDT | VentureDeal

       San Francisco, California  --  Software technology company Docker has secured $40 million in its third round of venture capital investment.

    Docker is the company behind the open source Docker project that it believes is revolutionizing the way code is built, packaged and deployed.

    Sequoia Capital led the round, which also included previous investors Benchmark Capital, Greylock Partners, Insight Venture Partners, Trinity Ventures, AME Cloud Ventures and others.

    The company said it would use the funding to drive adoption of its platform and to grow its ecosystem of developers.

Tuesday, September 16, 2014

  •  Kinnek Secures $10 Million Venture Capital Investment

    Tuesday, September 16, 2014 5:45:00 AM PDT | VentureDeal

       New York, New York  --  E-Commerce technology company Kinnek has raised $10 million in its first round of institutional venture capital funding.

    Kinnek is developing online technology that aims to improve the purchasing process for small businesses.

    Matrix Partners led the round, which also included Sierra Ventures, Version One Ventures, CrunchFund, TriplePoint Capital and others.

    The company said it would use the funding to grow its marketing and engineering capabilities and fuel its expansion into new industries.
  •  Bastille Networks Nets Early-Stage Venture Capital

    Tuesday, September 16, 2014 5:30:00 AM PDT | VentureDeal

       Atlanta, Georgia  --  Security technology company Bastille Networks has received $1.5 million in early stage venture capital funding.

    Bastille says that it is "the first and only company to completely secure the Internet of Things on corporate campuses by identifying airborne threats and allowing for preemptive response."

    Atlanta Equity Investors made the investment.

    The company said the financing would be used to continue product development and implement its first pilot test engagements.

Monday, September 15, 2014

  •  Lenda Locates Venture Capital Equity

    Monday, September 15, 2014 5:45:00 AM PDT | VentureDeal

       San Francisco, California  --  Financial services company Lenda has secured $1.53 million in venture capital equity financing according to an SEC regulatory filing.

    Lenda operates a website that enables homeowners to complete their home loan online.

    Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

    Lenda is backed by investors such as Structure Capital and Winklevoss Capital.
  •  AltspaceVR Lands Seed Venture Capital

    Monday, September 15, 2014 5:30:00 AM PDT | VentureDeal

       Redwood City, California  --  Virtual reality technology company AltspaceVR has raised $5.2 million in seed stage venture capital funding.

    AltspaceVR is developing virtual technologies to help "connect friends and enthusiasts in shared virtual spaces."

    Investors in the round included Google Ventures, Foundation Capital and others.

    The company said it would use the funding to continue product development and to build out its team.

Friday, September 12, 2014

  •  Experticity Gets $16 Million Venture Capital Financing

    Friday, September 12, 2014 5:45:00 AM PDT | VentureDeal

       Salt Lake City, Utah  --  Software technology company Experticity has garnered $16 million in new venture capital investment, according to an SEC regulatory filing.

    Experticity has developed software that enables companies to allocate live, on-screen "experts" from remote locations directly to customers.

    Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

    Experticity's founder and Chief Executive Officer is DL Baron.
  •  AirXpanders Nets Venture Capital Equity

    Friday, September 12, 2014 5:30:00 AM PDT | VentureDeal

       Palo Alto, California  --  Medical device company AirXpanders has received $5.6 million in venture capital equity investment, according to an SEC regulatory filing.

    AirXpanders has developed a patient controlled breast tissue expander that it believes could change the field of reconstructive surgery.

    Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

    AirXpanders is still seeking $100,000 in additional financing, according to the filing.

Deal Announcement Archive »

Technology News

Thursday, September 18, 2014

  •  Active-Semi Launches Rapid Prototyping Platform

    Thursday, September 18, 2014 5:15:00 AM PDT | VentureDeal

       Dallas, Texas  --  Integrated circuit technology company Active-Semi International has announced the launch of a new development platform.

    Called HYDRA-X, the system "enables developers and makers to rapidly prototype systems with Active-Semi's industry-leading Power Application Controller IC Family"

    Benefits to users include a simplified system of motor and power control, small footprint and low cost.

    Active-Semi was founded in Silicon Valley in 2004 and specializes in power management and intelligent digital motor drive IC market technologies.
  •  Nuance Launches Swype on App Store

    Thursday, September 18, 2014 5:00:00 AM PDT | VentureDeal

       Burlington, Mass.  --  Nuance Communications (NASDAQ: NUAN) has announced the launch of its Swype keyboard app for Apple iOS 8 devices.

    The keyboard allows for fast punctuation, next word prediction, adaptive learning vocabulary and a variety of languages available at launch.

    Nuance says that previous version of the application have been deployed on more than one billion devices globally.

    The app is available in the Apple App Store for a limited time price of $0.99.

Wednesday, September 17, 2014

  •  Breakout Launches New Coin and Gaming Destination

    Wednesday, September 17, 2014 5:15:00 AM PDT | VentureDeal

       Los Angeles, California  --  Digital technology company Breakout Gaming said that it has launched what it calls the “first destination for online gaming and digital currency”.

    The site will provide its own cryptocurrency, called Breakout Coin, for players to use in a variety of ways, including poker, blackjack and fantasy sports.

    The related exchange will convert Bitcoin to Breakout Coin automatically, with added cold storage security solutions to help protect the currency.

    Breakout said the site will feature 88 different casino games and it has partnered with a number of notable gaming celebrities.
  •  Roku Touts Streaming Users and Hours Success

    Wednesday, September 17, 2014 5:00:00 AM PDT | VentureDeal

       Saratoga, California  --  Television streaming player company Roku said that it has sold 10 million of its players in the United States since its May, 2008 unveiling.

    The device enables users to stream Netflix and other entertainment channels.

    In addition, the company said that its player is the most popular choice among consumers, accounting for 37 million hours of video streamed per week, compared to Apple TV at 15 million hours and Chromecast at 12 million hours.

    Roku was founded by Anthony Wood, inventor of the digital video recorder (DVR).

Tuesday, September 16, 2014

  •  Brit PLC Launches Cyber Attack Insurance Product

    Tuesday, September 16, 2014 5:15:00 AM PDT | VentureDeal

       London, UK  --  Insurance company Brit PLC has announced the launch of a new insurance service that aims to protect companies in the critical infrastructure and industrial machinery industries.

    Brit has determined that critical infrastructure operated through industrial control software is increasingly vulnerable to malicious cyber breaches and has designed a product to provide companies with first party property damage, business interruption and the cost of restoring digital assets.

    The new service also provides cyber security risk assessment, ongoing loss mitigation and inspection services.

    Brit says that the product has been specifically designed for large industrial companies, including those in the oil and gas industry, transportation, utilities and other heavy industries.
  •  Moxtra Launches Mobile App SDK

    Tuesday, September 16, 2014 5:00:00 AM PDT | VentureDeal

       Cupertino, California  --  Mobile technology company Moxtra has announced the launch of a new software development kit for mobile app developers.

    Launched inside an application via a "Moxo" button, the SDK enables application developers to bring in-context communication and collaboration to their users quickly and easily.

    The SDK is powered by Moxtra Cloud, which also runs the co-branded Moxtra application available to certain partners.

    Moxtra named more than 20 early access partners who have utilized the new functionality upon launch.

Monday, September 15, 2014

  •  Quintiles Launches Emerging Biopharma Solution

    Monday, September 15, 2014 5:15:00 AM PDT | VentureDeal

       Research Triangle Park, North Carolina  --  Quintiles (NYSE: Q) has announced the launch of a new biopharma operating model.

    Called the Quintiles Emerging Biopharma Solution, the system combines an operational model with access to Quintiles' infrastructure and expertise.

    The solution covers all therapeutic areas and the company says it has worked with over 240 small biopharma companies since 2009.

    Quintiles  is a Fortune 500 company with a "network of more than 30,000 employees in 100 countries.
  •  BodeTree Provides Pulse Service To Denver Area

    Monday, September 15, 2014 5:00:00 AM PDT | VentureDeal

       Denver, Colorado  --  Internet technology company BodeTree has partnered with the Denver Metro Small Business Development Center.

    BodeTree will provide its online platform that blends accounting data and education for small businesses.

    As a result, more than 16,000 Colorado state small businesses will be able to utilize the service in their operations.

    The platform also helps small business owners prepare their businesses for seeking debt capital.

Friday, September 12, 2014

  •  SSFCU Selects CU Wallet As Provider

    Friday, September 12, 2014 5:15:00 AM PDT | VentureDeal

       Los Angeles, California  --  The Security Service Federal Credit Union has selected CU Wallet as its mobile payments and mobile wallet provider.

    The SSFCU chose CU Wallet due to its unique business model that generates new revenue streams, its next-generation interface and its focus on merchant relationships.

    CU Wallet says that its system is the first payments system designed specifically for credit unions.

    The company stated that it has more than 70 credit union customers, representing more than 9 million members nationwide.
  •  AlertRespond Launches Alerting App Suite

    Friday, September 12, 2014 5:00:00 AM PDT | VentureDeal

       Charlotte, North Carolina  --  AlertRespond has announced the launch of its enterprise-class crisis alert smart device application suite.

    Called iAlert, the system offers a range of personal safety functionality through point-of-incident reporting, information collection, process management and user identification.

    The company is aiming the service primarily at campus and facility users, whether institutional or business-oriented.

    iAlert is also being marketed through partner firm Intercede Services, which has integrated the system into its compliance resolution applications.

Technology News Archive »

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