Deal Announcements

Thursday, May 28, 2015

  •  Fetch Rewards Grabs $4 Million First VC Round

    Thursday, May 28, 2015 5:46:00 AM PDT | VentureDeal

       Madison, Wisconsin  --  Shopping rewards technology company Fetch Rewards has landed $4 million in its Series A round of venture capital funding.

    Fetch has created a mobile application that enables users to save money on the typical grocery items they buy.

    Users can also earn Fetch Points, which can result in free items to the user.

    The company did not disclose the name of the Midwest investor that made the investment.

    Fetch did say that the money will be used to add at least 10 people to its current staff of about 30 employees.
  •  2080 Media Clears Venture Capital Debt

    Thursday, May 28, 2015 5:33:00 AM PDT | VentureDeal

       Atlanta, Georgia  --  Digital media technology company 2080 Media has received $2.5 million in venture capital debt investment, according to an SEC regulatory filing.

    2080 Media operates a high school sports media company, PlayOn! Sports, where users can stream high school games and other events live.

    The benefit of the system is that it enables high-quality, low-cost productions of live sports events at the local level.

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

    2080 is still seeking approximately $3.5 million in additional debt financing, according to the filing.

Wednesday, May 27, 2015

  •  Flywheel Secures Growth Venture Investment

    Wednesday, May 27, 2015 5:45:00 AM PDT | VentureDeal

       San Francisco, California  --  Mobile application technology company Flywheel has raised an undisclosed amount of growth stage venture capital funding.

    Flywheel has developed a taxicab application for the mobile phone that enables users to more effectively call taxis and for taxi drivers to quickly respond to rider requests.

    Investors in the financing included Riverwood Capital and other undisclosed investors.

    The company did not say how the funding proceeds would be used.

    Flywheel is backed by a large syndicate of angel and venture capital investors.
  •  Arvegenix Adds Venture Capital Equity

    Wednesday, May 27, 2015 5:33:00 AM PDT | VentureDeal

       St. Louis, Missouri  --  Agriculture technology company Arvegenix has received $2.5 million in venture capital equity investment, according to a recent SEC regulatory filing.

    Arvegenix is developing Field Pennycress as a new crop for the corn-soy growing regions of the world.

    The benefit of the new crop is that it will grow over winter between the corn-soy a rotation periods, providing growers with a new revenue crop.

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

    Minimum investment per investor was designated as $25,000, per the filing.

Tuesday, May 26, 2015

  •  Tigo Energy Raises New Venture Capital

    Tuesday, May 26, 2015 5:46:00 AM PDT | VentureDeal

       Los Gatos, California  --  Alternative energy technology company Tigo Energy has secured $3.5 million in additional equity investment, according to an SEC regulatory filing.

    Tigo has developed what it calls Smart Module Optimizer technology that helps to drive down the cost of capturing solar electricity.

    The company has operations throughout the United States, Europe, Asia and the Middle East.

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

    Israeli businessman Zvi Alon (LinkedIn Profile) is chairman and CEO of the company.
  •  Companion Medical Nets Strategic Venture Capital

    Tuesday, May 26, 2015 5:34:00 AM PDT | VentureDeal

       San Diego, California  --  Medical device technology company Companion Medical has received an undisclosed amount of strategic venture capital funding.

    Companion develops products "to improve healthcare with easy to use medical devices that utilize state-of-the-art technologies."

    Eli Lilly & Co. made the investment.

    The company did not say how the funding proceeds would be used.

    Companion CEO Sean Saint (LinkedIn Profile) was previously from Tandem Diabetes Care and Alure Medical.

Monday, May 25, 2015

Friday, May 22, 2015

  •  Wibbitz Receives $8 Million 2nd VC Round

    Friday, May 22, 2015 5:45:00 AM PDT | VentureDeal

       New York, New York  --  Digital media technology company Wibbitz has landed $8 million in its second round of institutional venture capital funding.

    Wibbitz has designed a video player plug-in for websites that enables users to take images, headlines or text and create an interactive video.

    NantWorks led the round, which included previous investors Horizon Ventures, Initial Capital, Lool Ventures and Kima Ventures.

    The company said it would use the funding to build out its US presence and expand its business development, sales, marketing and editorial teams.

    Zohar Dayan is the company CEO (LinkedIn Profile) and co-founder.
  •  Blade Secures $6 Million Venture Capital Funding

    Friday, May 22, 2015 5:33:00 AM PDT | VentureDeal

       Boston, Massachusetts  --  Consumer technology incubator Blade has received $6 million in early stage investment.

    Blade focuses on companies that sell primarily to consumers, such as MoveWith, Wigo, Mapkin and Drafted.

    Investors included a number of prominent technology industry individuals, such as Eric Schmidt and Robert Pittman.

    The company did not say how the funding proceeds would be used

    Blade's website says is currently not accepting any more new companies to invest in, while it brings a number of products to market in the coming months.

Deal Announcement Archive »

Technology News

Thursday, May 28, 2015

  •  Ooma Launches Business Promoter Tool

    Thursday, May 28, 2015 5:16:00 AM PDT | VentureDeal

       Palo Alto, California  --  Communications technology company Ooma has announced the launch of a new lead generation tool for its platform.

    Expanding on Ooma Office, the tool is called Business Promoter and enables businesses to enhance their lead generation efforts to drive inbound customer phone calls.

    The service helps businesses "broaden their marketing reach by building in optimizing their online presence and by providing targeted advertising support to help them get found by potential customers."

    Combining the service with its existing platform empowers businesses to more efficiently market and track their marketing efforts.

    The application starts at $19.98 per month and the company says that Ooma Office users only pay for qualified leads to their business.
  •  First American Launches Research Software

    Thursday, May 28, 2015 5:02:00 AM PDT | VentureDeal

       Santa Ana, California  --  First American Financial Corporation (NYSE: FAF) has announced the launch of a new property research software solution.

    Called DataTree, the software is designed for professionals in the land, real estate and mortgage industries.

    Among the features of the system is what the company calls Verified Record.  This feature uses a proprietary processing algorithm to access and verify public record information.

    First American said that this feature was highly desired by real estate professionals.

    The system also includes FlexSearch, which enables users to conduct nationwide surge is instantly for any name or phrase covering potentially billions of recorded land documents.

    First American is offering a free trial of the system for a limited time.

Wednesday, May 27, 2015

  •  EOS Imaging Receives CE Mark For kneeEOS

    Wednesday, May 27, 2015 5:14:00 AM PDT | VentureDeal

       Paris, France  --  EOS Imaging (Paris: EOSI) announced that it has received a CE mark for its latest medical software solution.

    Called kneeEOS, the software is the first 3D planning application for total knee arthroplasty based on the firm's bi-planar imaging system.

    The application will be deployed first as an online service to assist surgeons in simulating proper leg alignment and other aspects of knee component positioning based on images generated by the EOS system.

    The system provides stereo-radiographic images of patients in functional positions, in both 2D and 3D imaging formats.

    A companion application called the hipEOS provides many of the same functionalities for hip treatment.

    The company plans to showcase the new software at the upcoming 16th European Federation of National Associations of Orthopedics and Traumatology Congress.
  •  3M To Showcase Library System Upgrade

    Wednesday, May 27, 2015 5:01:00 AM PDT | VentureDeal

       St. Paul, Minnesota  --  3M Library Systems has announced a significant upgrade to its library information technology.

    Called the 3M Cloud Library, the redesigned the system makes it easy for users to browse their library's 3M collection by previewing the collection, checking out books and streaming audio file online.

    In addition, for librarians the new system has added the ability to reclassify books by age range so that each book is age appropriate.

    The companion app enables users to read eBooks as well as customize their favorite content categories, manage their accounts and receive email notifications.

    3M touted the success of the system and said that 95% of its customers renewed their contracts in the past year.

Tuesday, May 26, 2015

  •  SCRA Touts American Business Company Awards

    Tuesday, May 26, 2015 5:14:00 AM PDT | VentureDeal

       Columbia, South Carolina  --  Non-profit R&A company SCRA announced that it will receive two awards as finalists for the 2015 American Business Awards.

    The SC Launch Annual Report was recognized as a finalist for Best Annual Report Print.

    SCRA Executive Vice President Natalie Corrella is a finalist for the Woman of the Year, Non-Profit award.

    The group has received numerous awards in recent years, including Company of the Year and CEO of the Year, Non-Profit.

    Final award announcements will take place in June and September, during official banquets honoring the recipients.
  •  AirXpanders To Launch Offering On ASX

    Tuesday, May 26, 2015 5:01:00 AM PDT | VentureDeal

       Sydney, Australia  --  US medical device technology company AirXpanders has announced the launch of its initial public offering (IPO) on the Australian Securities Exchange.

    The company is offering 73 million CDIs (CHESS Depositary Interests) at AU $0.50/CDI.

    If fully subscribed, the fully-diluted market capitalization of the company would be approximately AU $113 million.

    The company hopes to raise a total of AU $36.5 million in the offering.

    AirXpanders has created tissue expander technology that is used in breast reconstruction procedures following mastectomy to expand and stretch the skin before basement of a permanent breast implant.

    (Note: This article does not represent a solicitation or offer of sale of any securities. The proposed AirXpanders offering is made under a prospectus, copies of which are available at:

Monday, May 25, 2015

Friday, May 22, 2015

  •  Robin Debuts Lawn Care Marketplace in Texas

    Friday, May 22, 2015 5:14:00 AM PDT | VentureDeal

       Austin, Texas  --  Internet technology company Robin has announced the launch of a new lawn care marketplace for Texas.

    After raising $1.2 million from private investors, the company has launched a web-based service that promises to increase the convenience of finding a quality lawn care service.

    The company says that there are over 90,000 lawn care providers in the US as part of a $40 billion industry in which 30% of homeowners participate.

    Users provide a street address and the site returns an instant quote.

    Customers are urged to provide feedback on vendor quality and vendors receive payment on a weekly basis as well as information about how to improve their business.
  •  Bigcommerce And PayPal Team on Payments

    Friday, May 22, 2015 5:00:00 AM PDT | VentureDeal

       San Francisco, California  --  Bigcommerce and PayPal have announced a partnership to provide an end-to-end e-commerce solution for small and midsized retailers.

    Under the agreement, Bigcommerce merchants will be able to access PayPal's One Touch service for web and mobile.

    The service enables shoppers to pay across more than 90,000 online stores in a single touch, requiring users to only enter IDs or passwords one time.

    Bigcommerce will roll out the new functionality to US merchants in the next few weeks and to international merchants later in 2015.

    The integration technology is enabled by Braintree, a PayPal company.

Technology News Archive »

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