News

Deal Announcements

Thursday, July 24, 2014

  •  ClassOwl Collects Seed Venture Capital Funding

    Thursday, July 24, 2014 5:45:00 AM PDT | VentureDeal

       Stanford, California  --  Education technology company ClassOwl has received $850,000 in venture capital financing.

    ClassOwl has created a social academic platform that "allows students to follow their classes and student groups in one place."

    Follett Knowledge Fund, Start X and Dorm Room Fund made the investment.

    The company plans to continue product development and release an Android version later this year.
  •  Airware Lands $25 Million Venture Capital Funds

    Thursday, July 24, 2014 5:30:00 AM PDT | VentureDeal

       San Francisco, California  --  Drone technology company Airware has secured $25 million in its second round of institutional venture capital funding.

    Airware develops customizable autopilot technologies for a variety of unmanned aerial vehicles.

    Kleiner Perkins Caufield & Byers led the round, which included previous investors Andreessen Horowitz and First Round Capital.

    The company will use the capital to expand its staff and prepare for the launch of its Aerial Information Platform.

Wednesday, July 23, 2014

  •  Quantifind Finds $12 Million Venture Capital Round

    Wednesday, July 23, 2014 5:45:00 AM PDT | VentureDeal

       Menlo Park, California  --  Software technology company Quantifind has secured $12 million in a new round of venture capital financing.

    Quantifind extracts knowledge from big data to provide deeper insight for business intelligence applications.

    Lead investors in the round were Comcast Ventures and Iris Capital. Previous investors also participated.

    Proceeds purposes were not disclosed by the company.
  •  Cardiac Insight Sees $7 Million Venture Capital

    Wednesday, July 23, 2014 5:30:00 AM PDT | VentureDeal

       Bellevue, Washington  --  Medical technology company Cardiac Insight has secured $7 million in its second round of institutional venture capital funding.

    Cardiac Insight is developing what it calls "advanced body worn sensing and computing technologies for applications in cardiology, respiratory and other complex disease states."

    Welch Allyn led the round, which included other undisclosed investors.

    The company said it would use the financing to continue product development and accelerated sales initiatives.

Tuesday, July 22, 2014

  •  Kurbo Health Collects New Venture Capital

    Tuesday, July 22, 2014 5:45:00 AM PDT | VentureDeal

       Palo Alto, California  --  Healthcare information company Kurbo Health has secured $5.8 million in venture capital funding, according to an SEC filing.

    Kurbo has developed a mobile app that helps kids and teens between the ages of 8 - 18 eat healthier foods and lose weight in the process.

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

    Kurbo has received financial support from the Rock Health San Francisco accelerator.
  •  ActX Adds Venture Capital Equity Funding

    Tuesday, July 22, 2014 5:30:00 AM PDT | VentureDeal

       Seattle, Washington  --  Biotechnology information company ActX has received $750,000 in venture capital funding, according to an SEC regulatory filing.

    ActX is developing technologies to help make "patient genomic information truly useful in everyday medical practice."

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

    ActX is backed by the Alliance of Angels angel group and others.

Monday, July 21, 2014

  •  Crossfader Lands Venture and Strategic Capital

    Monday, July 21, 2014 5:45:00 AM PDT | VentureDeal

       New York, New York  --  Music application technology company Crossfader has received an undisclosed amount of venture capital and strategic investment.

    Crossfader has developed technology that enables users to tilt and turn their smartphones to create unique song combinations.

    Investors in the financing included Google Ventures, Index Ventures, True Ventures, Kleiner Perkins Caufield & Byers and Tapinator.

    The company said it would use the funding proceeds for continued product development and to expand its potential universe of users.
  •  Sport Ngin Garners Series D Venture Capital

    Monday, July 21, 2014 5:30:00 AM PDT | VentureDeal

       Minneapolis, Minnesota  --  Software technology company Sport Ngin has received $4 million in its fourth round of venture capital funding.

    Sport Ngin provides digital tools that enable organizations to "engage their audience in meaningful ways."

    Taylor Corporation and Univision made the strategic investments.

    The company said it would use the funds to continue its product innovation and expand its sales and marketing efforts across North America.

Friday, July 18, 2014

  •  DICOM Grid Claims $6 Million Venture Capital

    Friday, July 18, 2014 5:45:00 AM PDT | VentureDeal

       Phoenix, Arizona  --  IT company DICOM Grid has raised $6 million in a new round of venture capital funding.

    DICOM has created a cloud-based platform that makes it easier for healthcare facilities to process and share medical imaging records.

    Canaan Partners led the round, which also included the Mayo Clinic and others.

    DICOM said it will use the proceeds to continue product development and integration with radiology and electronic health records systems.
  •  BioBeats Banks New Venture Capital Funds

    Friday, July 18, 2014 5:30:00 AM PDT | VentureDeal

       Beverly Hills, California  --  Consumer health and wellness company BioBeats has received $299,000 in venture equity financing, according to an SEC filing.

    BioBeats develops "technologies that respond to physiologic data...to help people live more engaging, healthier lives".

    Investors in the financing were not disclosed.

    BioBeats is still seeking $452,000 in additional financing, according to the filing.

Deal Announcement Archive »

Technology News

Thursday, July 24, 2014

  •  HeadSmart Labs Launches To Reduce Head Injuries

    Thursday, July 24, 2014 5:15:00 AM PDT | VentureDeal

       Pittsburgh, Pennsylvania  --  HeadSmart Labs has announced it's official launch to advance research that will aid in preventing head and neck injuries sustained during helmet sport activities.

    The purpose of the effort will be to develop products, procedures and testing devices to reduce the number of concussions to athletes.

    The company cited American Medical Society for Sports Medicine statistics indicating that as many as 3.8 million concussions occur in the United States each year from competitive sports.

    HeadSmart will focus on promoting standards for helmets, understanding how helmets should be worn in determining the optimal pressures which helmets should be inflated.
  •  MakerBot To Launch Innovation Center at Florida Poly

    Thursday, July 24, 2014 5:00:00 AM PDT | VentureDeal

       Brooklyn, New York  --  3D printing company MakerBot has announced a partnership with the Florida Polytechnic University.

    As part of the University's grand opening in Lakeland, Florida, MakerBot will deliver more than 55 3D printers and scanners for university use by faculty and students.

    Florida Poly is the 12th and newest campus of the State University System of Florida and the only location dedicated exclusively to STEM curricula.

    The University's launch celebration will be held on Saturday, August 16 and the MakerBot Innovation Center will help it build a Rapid Application Development Makerspace.

Wednesday, July 23, 2014

  •  Lingualy Language Learning Now On iOS

    Wednesday, July 23, 2014 5:15:00 AM PDT | VentureDeal

       Bala Cynwyd, Pennsylvania  --  Personalized language education company Lingua.ly has announced the launch of its application on the Apple iOS platform.

    The technology provides learners with a free dictionary and platform to learn vocabulary in over 18 languages, as well as assessing skill levels and recommending fresh content.

    The company originally launched this application on the Android operating system earlier in 2014 and said more than 100,000 users downloaded the application the first month of its release.

    Lingua.ly "anticipates the same or greater [activity] on iOS".
  •  Schwab Gateway Integrates With MorningStar

    Wednesday, July 23, 2014 5:00:00 AM PDT | VentureDeal

       San Francisco, California  --  Schwab Intelligent Technologies announce that Morningstar will participate in its technology platform.

    Called Schwab OpenView Gateway, the open-architecture platform enables integration between Schwab systems and participating technology providers, such as Morningstar.

    Specifically, the integration will make custodial data from Charles Schwab available within the portfolio management platform of Morningstar Office.

    The agreement promises to enable Morningstar to deliver its value propositions more efficiently to independent registered investment advisors (RIAs).

Tuesday, July 22, 2014

  •  Ping Identity Launches PingID Security App

    Tuesday, July 22, 2014 5:15:00 AM PDT | VentureDeal

       Monterey, California  --  Ping Identity has announced the launch of a new security solution for one-swipe mobile authentication.

    Called PingID, the application enables multi-factor authentication by enabling users to swipe their smartphone for authentication as a primary or secondary factor.

    The technology can also provide access policies to applications based on a number of variables, such as geolocation, unique swipe pattern or challenge-response.

    Ping Identity also announced a number of new capabilities for its PingFederate and PingAccess products to provide enterprises with an agile way to add mobile access.
  •  Pivothead To Debut SMART Eyewear Technology

    Tuesday, July 22, 2014 5:00:00 AM PDT | VentureDeal

       Denver, Colorado  --  Wearable imaging company Pivothead said that it will demonstrate its electronic eyewear at the upcoming Wearable Tech Expo in New York City.

    The company has developed what it calls SMART - Simple Modular Application-Ready Technology - a line of eyewear that provides video and photo capture capability.

    SMART features 1080p high-definition video and 8 megapixel photo capture built on the company's first generation system, Smart Mods.

    Pivothead said the line will officially launch in the fall of 2014 and has provided a software development kit (SDK) to developers that enables a range of live streaming applications and tethering technologies.

Monday, July 21, 2014

  •  Sailthru Launches Solution Partner Program

    Monday, July 21, 2014 5:15:00 AM PDT | VentureDeal

       New York, New York  --  Personalization technology company Sailthru has announced the launch of its solution partner program.

    The flagship partner, Kepler Group, will bring complementary expertise delivering omnichannel customer engagement strategies and programs.

    Kepler, with its focus on optimization, analytics and marketing, will provide Sailthru customers with strategy and expertise to make best use of the Sailthru platform.

    The Sailthru platform delivers smart data-based customer optimization, advanced analytics and privacy technologies.
  •  GrowLife Launches Nationwide Direct Network

    Monday, July 21, 2014 5:00:00 AM PDT | VentureDeal

       Seattle, Washington  --  GrowLife (OTC: PHOT) has announced the launch of a nationwide direct-to-cultivator sales network.

    GrowLife wants to become "the nation's largest cultivation facility service provider for organics, greens and plant-based medicines."

    The sales network will provide automated replenishment services in 17 states, with additional states added by the end of 2014.

    GrowLife also announced a strategic partnership with CANX USA LLC to provide it with resources for expansion and potential M&A opportunities.

Friday, July 18, 2014

  •  Glow Launches Glow Nurture App

    Friday, July 18, 2014 5:15:00 AM PDT | VentureDeal

       San Francisco, California  --  Data science company Glow has announced the launch of a new pregnancy tracking app.

    Called Glow Nurture, the application personalizes pregnancy information for each user.

    The app provides features such as partner support, a mother's community, tailored insights to women's questions, a daily log and "did you know's" based on log entries.

    Glow says that it has "now aided more than 20,000 pregnancies."
  •  ARBA Launches Point of Sale For Surface Pro 3

    Friday, July 18, 2014 5:00:00 AM PDT | VentureDeal

       Naperville, Illinois  --  ARBA Retail Systems has announced the launch of a new point of sale system for the Microsoft Surface Pro 3 tablet.

    The system consists of two versions - a retail version and a cafeteria version.

    The applications are built on the latest Microsoft technologies - .NET and MS SQL Server and are compatible with the Windows 8 operating system.

    Among the benefits of a mobile POS, ARBA cited the ability to utilize the cashless payments system, which is proven to speed check out and encourage employees to dine onsite, resulting in greater productivity and communication.

Technology News Archive »

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