Venture capital activity in Michigan continued a modest rebound in the third quarter of 2009 after steep declines during the credit crunch, according to the “innovation index” compiled by the University of Michigan-Dearborn College of Business. The index, a project of UM-Dearborn’s Center for Innovation Research, rose to 86.9 from 80 during the previous quarter, … Continue reading “Venture Capital Rebounds in MI”
Category: Detroit
The Apple iPad: Three Unanswered Questions
Today is the first day that consumers can put down money for an Apple iPad. If you pre-order a Wi-Fi model now, you can avoid waiting in the inevitable around-the-block lines when the gadget hits Apple Stores on Saturday, April 3. (If you want the Wi-Fi + 3G model, though, you’ll have to wait until … Continue reading “The Apple iPad: Three Unanswered Questions”
Adaptive Materials Gets $4.7M for Fuel Cells
Adaptive Materials, an Ann Arbor, MI-based developer of solid oxide fuel cells, announced today that it has been awarded $4.7 million to develop a 300-watt fuel cell system for the Department of Defense. This grant comes just three months after Adaptive Materials announced it had been awarded $3 million to develop 60-watt fuel cells for … Continue reading “Adaptive Materials Gets $4.7M for Fuel Cells”
World Wide Web Consortium Must Seize High Ground on Web Standards Earlier, Says New CEO Jeffrey Jaffe
[Corrected 3/12/10, see below] When Tim Berners-Lee and colleagues from CERN proposed the hypertext transfer protocol (HTTP) and the hypertext markup language (HTML) as Internet-wide standards back in the early 1990s, they didn’t face much resistance, because there weren’t any competing ideas for doing what Berners-Lee wanted to do—that is, setting up a global network … Continue reading “World Wide Web Consortium Must Seize High Ground on Web Standards Earlier, Says New CEO Jeffrey Jaffe”
Scale Computing Secures $9,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=daff6909-9b20-4a22-997d-61e559b0af57&Preview=1 Date 3/9/2010 Company Name Scale Computing Mailing Address 5225 Exploration Drive Indianapolis, IN 46241 Company Description Super Bruce needed data storage. Our research revealed that a few TBs of storage cost more than Super Bruce cost to build. Additionally, existing market solutions in our price range couldn’t scale like Super Bruce … Continue reading “Scale Computing Secures $9,000,000 Series B Funding”
Terrafugia Says Flying Car Likely to Take Off in Massachusetts, But Might Land Elsewhere
Terrafugia, the Woburn, MA-based company out to produce the first practical flying car—or street legal airplane, to use the company’s term— said today it plans to build its first commercial vehicle next year in the Bay State. But CEO Carl Dietrich also said that while the company hopes to stay in Massachusetts and create hundreds … Continue reading “Terrafugia Says Flying Car Likely to Take Off in Massachusetts, But Might Land Elsewhere”
Where’s World Wide Wade? Four Encores
I regret to report that both I and my column are going on a bit of a hiatus, as I’ve been seated as a juror on an extended civil trial in Boston. To fill some airtime, I thought I’d direct you to a few old columns that are special favorites of mine or that have … Continue reading “Where’s World Wide Wade? Four Encores”
Local Dirt Garners New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=73635006-e9de-4306-a419-109b190e2e3f&Preview=1 Date 3/4/2010 Company Name Local Dirt Mailing Address 1245 E Washington Ave Madison, WI 53565 Company Description Local Dirt, a Madison, Wis.-based developer of agricultural logistics software for local food markets Website http://www.localdirt.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Local Dirt Garners New Financing Round”
Cleveland Heartlab Obtains $3,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=615b377f-4884-4751-8025-3b5662646116&Preview=1 Date 3/2/2010 Company Name Cleveland Heartlab Mailing Address 10265 Carnegie Avenue Cleveland, OH 44106 Company Description Cleveland HeartLab, LLC is a specialty clinical laboratory and disease management company focused on novel molecular biomarker technologies and the creation of proprietary diagnostic tests. Cleveland HeartLab (CHL) operates a CAP-accredited and CLIA-certified Clinical Laboratory … Continue reading “Cleveland Heartlab Obtains $3,000,000 New Financing Round”
Video and Books: Two Great Tastes That Taste Great Together?
If a book can be made from something other than paper—say, pixels on a screen—then why can’t it consist of something other than plain old words and pictures? It can. Companies like Eastgate Systems in Watertown, MA, have been publishing PC-based interactive “hypertexts” for almost 30 years. Thanks to the built-in speech synthesis software on … Continue reading “Video and Books: Two Great Tastes That Taste Great Together?”
What Makes a City Entrepreneurial?
Why are some metropolitan areas so much more entrepreneurial than others? Silicon Valley seems almost magically entrepreneurial, with a new startup on every street corner, but in declining Rust Belt cities such startups are far and few between. In a new Policy Brief published by Harvard’s Rappaport Institute for Greater Boston, which is sponsoring a … Continue reading “What Makes a City Entrepreneurial?”
Eden Park Illumination Receives $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b406994-def3-4ebf-bc99-a99ef0c435b6&Preview=1 Date 2/24/2010 Company Name Eden Park Illumination Mailing Address 903 N Country Fair Drive Champaign, IL 61821 Company Description Eden Park Illumination is a young dynamic lighting technology company anchored in over fifty years of technology heritage through our affiliation with the Laboratory of Optical Physics and Engineering at the University … Continue reading “Eden Park Illumination Receives $2,000,000 New Funding”
Survey Finds Venture Deal Terms Improving, But Still Below Historical Levels
Even though venture capital funding plunged dramatically in 2009, it was nevertheless encouraging when the VC surveys that came out in January showed an uptick in venture deals during the fourth quarter—like a ski jump into 2010. Now the Cooley Godward Kronish Venture Financing Report for the fourth quarter of 2009 gives us another piece … Continue reading “Survey Finds Venture Deal Terms Improving, But Still Below Historical Levels”
Boston-Power Adds Ex-GM Exec to Board, Prepares to Take On Automotive Battery Market
Around the time Steve Jobs unveiled the Apple iPad, a funny Photoshopped picture began making the rounds on the Web, showing Jobs with four iPhones crudely lashed together with duct tape. The picture’s unspoken message, of course, was that the iPad is just a big iPhone. Well, something like that is actually coming true in … Continue reading “Boston-Power Adds Ex-GM Exec to Board, Prepares to Take On Automotive Battery Market”
Bioscience Vaccines Lands New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0296855e-1e71-4055-911a-f115888abb63&Preview=1 Date 2/18/2010 Company Name Bioscience Vaccines Mailing Address Undisclosed West Lafayette, IN 47906 Company Description Bioscience Vaccines, Inc. is an emerging stage, life sciences company with proprietary vaccine development technology. Our technology is based on an abundant, naturally-occurring compound that will make possible great advancements in the fields of prevention and … Continue reading “Bioscience Vaccines Lands New Financing”
Ready, Set, Go Public—The 10 Things You Need to Do Now
The IPO market is open for business. The IPO market window has slammed shut. Which is it? Unless your IPO is pricing in the next week or two, it doesn’t matter. The reality is that IPO planning typically takes six to 12 months. If you hope to go public in the next year-and want to … Continue reading “Ready, Set, Go Public—The 10 Things You Need to Do Now”
Sony Electronics Acquires iCyt Visionary Bioscience for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9053749d-01da-46cc-a6c4-69979f426fc5&Preview=1 Date 2/10/2010 Company Name iCyt Visionary Bioscience Mailing Address 2100 South Oak Street Champaign, IL 61820 Company Description iCyt works with its clients to realize complete, automated, high throughput cell processing and sorting solutions tailored to their needs and integrated with their existing systems. Using state-of-the-art design and fabrication tools, our … Continue reading “Sony Electronics Acquires iCyt Visionary Bioscience for Undisclosed Sum”
Compliance11 Garners $6,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9291f6b6-866f-47ff-9342-f89a3fad60df&Preview=1 Date 2/8/2010 Company Name Compliance11 Mailing Address 125 S. Wacker Drive Chicago, IL 60606 Company Description Compliance11 provides on-demand Compliance Software Automation Tools for the financial services industry. Compliance11 enables organizations to reduce their regulatory compliance spend by automating labor intensive tasks and at the same time increase the quality of … Continue reading “Compliance11 Garners $6,000,000 Series B Funding”
CardioInsight Technologies Obtains $6,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=165cb502-25e9-4d03-becf-dd5a9b1c8f4a&Preview=1 Date 2/3/2010 Company Name CardioInsight Technologies Mailing Address 11000 Cedar Avenue Cleveland, OH 44106-3052 Company Description We are a medical device company in Cleveland, Ohio commercializing patented electrocardiographic imaging technology developed at Case Western Reserve University. Our technology noninvasively images electrical activity on the surface of the heart. Patented algorithms are … Continue reading “CardioInsight Technologies Obtains $6,000,000 Series B Funding Round”
Rapid Diagnostek Receives $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e10da980-86f1-41b8-b772-56d74c254f1b&Preview=1 Date 1/29/2010 Company Name Rapid Diagnostek Mailing Address 1301 Gateway Circle Hudson, WI 54016 Company Description Rapid Diagnostek is utilizing proprietary technology to develop a new generation of in vitro diagnostic tests through the use of our patented RFPS™ (radio frequency phase shift) detection technology and our disposable IntelliProbe Immunosensor™ (IPI™). … Continue reading “Rapid Diagnostek Receives $4,000,000 New Funding Round”
Inventables Receives $2,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=962ce92e-846f-45d9-b108-d744bf41cc07&Preview=1 Date 1/29/2010 Company Name Inventables Mailing Address 222 W. Ontario Chicago, IL 60654 Company Description To build a living showcase of what’s possible to deliver inspiration and innovation to the dreamers of the world. Website http://www.inventables.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes … Continue reading “Inventables Receives $2,000,000 Series A Round”
Addressing the Innovation “Valley of Death:” It’s the Products, Stupid!
Several articles published in the press this past year have emphasized the importance of technology innovation in creating high-paying jobs and fueling our nation’s economy. Janet Rae-Dupree’s aptly titled New York Times piece, “Innovation Should Mean More Jobs, Not Less,” makes the case that investing in innovative technologies is critical to the future of the … Continue reading “Addressing the Innovation “Valley of Death:” It’s the Products, Stupid!”
ExteNet Systems Obtains $128,400,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a513fcc2-ae98-497a-8e75-24d6ab62c151&Preview=1 Date 1/25/2010 Company Name ExteNet Systems Mailing Address 3030 Warrenville Road Lisle, IL 60532 Company Description ExteNet Systems, Inc. develops innovative distributed antenna system (DAS) networks for wireless service providers. The company designs, builds and operates DAS networks to extend and expand wireless performance in outdoor locations where conventional macro cell … Continue reading “ExteNet Systems Obtains $128,400,000 New Funding Round”
Terpenoid Therapeutics Obtains $1,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b40eecef-1a39-43b3-a1a8-40c1fc76c525&Preview=1 Date 1/25/2010 Company Name Terpenoid Therapeutics Mailing Address 2500 Crosspark Road Coralville, IA 42241 Company Description Terpenoid Therapeutics, Inc. is a drug discovery and development company focused on cancer. We use the platform of terpene chemistry to develop candidate drug molecules. Our team is creating, testing, and developing novel drug candidates … Continue reading “Terpenoid Therapeutics Obtains $1,500,000 Series A Financing Round”
Alvenda Lands $5,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53f50bf1-2ce9-401a-b667-6481bac4becd&Preview=1 Date 1/25/2010 Company Name Alvenda Mailing Address 1201 Marquette Ave South Minneapolis, MN 55403 Company Description The majority of future online sales will happen offsite. Customers will be able to shop with brands wherever they happen to be whether they’re on YouTube, a favorite blogger web site, or in Facebook. Alvenda’s … Continue reading “Alvenda Lands $5,000,000 Series A Funding Round”
Cymbet Corporation Garners $31,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70eb1556-a130-4b60-9fac-dd3abb38e658&Preview=1 Date 1/25/2010 Company Name Cymbet Corporation Mailing Address 18326 Joplin Street NW Elk River, MN 55330-1773 Company Description Cymbet™ Corporation is a privately held technology company that designs and manufactures thin film power backup devices such as rechargeable thin film batteries for semiconductor, sensor, medical and related electronic applications. The company … Continue reading “Cymbet Corporation Garners $31,000,000 Series C Funding”
Lessons in Stealth Communications: V-Vehicle Tries to Keep Technology Details Under Wraps
One problem with being a stealthy company is the difficulty in setting the record straight. The News-Star of Monroe, LA, reported yesterday that V-Vehicle, the San Diego-based startup automaker building a factory in Northeastern Louisiana, is “apparently testing prototypes of its mystery car,” but that may be overstating the matter. The newspaper quotes David Hitchcock, … Continue reading “Lessons in Stealth Communications: V-Vehicle Tries to Keep Technology Details Under Wraps”
ACTIV Financial Garners $23,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a0f997e-2758-4236-8cba-6bb921fa9fa1&Preview=1 Date 1/20/2010 Company Name ACTIV Financial Mailing Address 125 South Wacker Drive Chicago, IL 60606 Company Description ACTIV Financial Systems, Inc. is a leading provider of market data content and technologies to market makers, hedge funds, brokers and trading systems. The company provides managed low-latency and high-volume market data services to … Continue reading “ACTIV Financial Garners $23,500,000 New Funding Round”
Sway Secures $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=856fc234-369c-4b66-80a9-25ddc5fb1451&Preview=1 Date 1/19/2010 Company Name Sway Mailing Address 8313 Greenway Blvd Middleton, WI 53562 Company Description Sway, Inc. is a leading development company based in Middleton, Wisconsin, that licenses social media marketing tools. Founded in 2004, Sway executes highly-targeted on-line marketing campaigns using its proprietary Web 2.0 marketing platform, Shoutlet®. Sway’s marketing … Continue reading “Sway Secures $2,000,000 Series A Funding Round”
Orbis Education Garners $8,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4d9283b-c876-499e-a337-347835660a77&Preview=1 Date 1/19/2010 Company Name Orbis Education Mailing Address 9002 Purdue Road Indianapolis, IN 46268 Company Description Orbis Education’s mission is to be an innovator in the emerging market of providing one-stop educational services to healthcare organizations looking to combat accelerating caregiver workforce shortages. We create, market, and manage collaborative nursing education … Continue reading “Orbis Education Garners $8,000,000 Series B Financing”
Segway Business Shifting Gears with Ownership and Management Changes
Segway, the maker of two-wheeled transporters of the same name, has been sold through a merger with a UK holding company for an undisclosed sum, and the firm’s CEO, Jim Norrod, has stepped down from his post after nearly five years in that role, a company spokesman confirmed today. Reports about the action at Segway … Continue reading “Segway Business Shifting Gears with Ownership and Management Changes”
EcoSynthetix Secures $10,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aee15677-9ce7-43e6-aca0-f6e2ec2132b2&Preview=1 Date 1/13/2010 Company Name EcoSynthetix Mailing Address 3900 Collins Road Lansing, MI 48910 Company Description The company’s mission is to be the world’s leading supplier of biolatex™ emulsions helping our customers reduce their reliance on petroleum-based products. Website http://www.ecosynthetix.com Transaction Type Venture Equity Transaction Amount $10,100,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “EcoSynthetix Secures $10,100,000 New Funding Round”
Covario Acquires Netconcepts for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=540516b3-3264-4758-b9d8-1453676e5f10&Preview=1 Date 1/12/2010 Company Name Netconcepts Mailing Address 2820 Walton Commons West Madison, WI 53718 Company Description Netconcepts is an SEO consulting and technology company specializing in helping our clients have search engine optimal web sites and applications. We provide expert advice and services in all aspects of natural search marketing and … Continue reading “Covario Acquires Netconcepts for Undisclosed Sum”
Quidel Acquires Diagnostic Hybrids for $130,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bcffbcd2-135f-47db-ad5f-fab2d47a3c7e&Preview=1 Date 1/12/2010 Company Name Diagnostic Hybrids Mailing Address 1055 East State St Athens, OH 45701 Company Description Diagnostic Hybrids innovates, develops, manufactures and markets cellular and molecular diagnostic kits for various applications in detecting a wide range of respiratory diseases, herpes infections, and other high value markers of disease. Website http://www.dhiusa.com … Continue reading “Quidel Acquires Diagnostic Hybrids for $130,000,000”
TIBCO Software Acquires Foresight Corp for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3fa8f1b-2da8-40db-a1a3-d4b32886eb5b&Preview=1 Date 1/8/2010 Company Name Foresight Corp Mailing Address 655 Metro Place South Dublin, OH 43017 Company Description With Foresight, everything is possible. You’ll see that we do things differently here. Our passion is co-creation, and it separates us from the flock. Our inspiration is our customers, who are amazing. Our foundation … Continue reading “TIBCO Software Acquires Foresight Corp for Undisclosed Sum”
Lycera, a Midwestern Biotech Star, Moves Head Office to Boston, Hires Biogen Vet as CEO
One of the hot biotech startups from the Midwest is setting up shop in Boston. Lycera, the Ann Arbor, MI-based company with a novel idea for attacking autoimmune diseases, has decided to move its headquarters to Cambridge, MA and is naming a young management talent as CEO. Lycera is announcing today it has hired Bill … Continue reading “Lycera, a Midwestern Biotech Star, Moves Head Office to Boston, Hires Biogen Vet as CEO”
Bloom Health Lands $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52fb1084-31a0-4976-8e1c-6df8daa5ff7f&Preview=1 Date 1/6/2010 Company Name Bloom Health Mailing Address 10 S. 5th Street Minneapolis, MN 55402 Company Description We are a company dedicated to finding better health care together, serving employers, employees & individuals. Using a defined contribution approach, we help employers determine how much to spend on health care, and help … Continue reading “Bloom Health Lands $5,000,000 New Funding Round”
Amcom Software Lands New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=be38d583-8892-4c04-94a7-74a560363ad0&Preview=1 Date 1/4/2010 Company Name Amcom Software Mailing Address 10400 Yellow Circle Drive Eden Prairie, MN 55343 Company Description Amcom is a leading provider of emergency notification systems, PC/Intelligent Workstation-based attendant console and database solutions, computer telephony integration (CTI), speech recognition, paging management, messaging, and web-enabled applications. Website http://www.amcomsoftware.com Transaction Type Venture … Continue reading “Amcom Software Lands New Funding Round”
HistoSonics Lands $11,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74f2a2b4-a685-43f0-a232-f6919d434603&Preview=1 Date 1/4/2010 Company Name HistoSonics Mailing Address 5170 Nicholson Road Fowlerville, MI 48836 Company Description HistoSonics Inc which will develop a novel medical device that uses tightly focused ultrasound pulses to treat prostate disease. Website http://www.histosonics.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Undisclosed Proceeds Purposes HistoSonics will use … Continue reading “HistoSonics Lands $11,000,000 New Funding”
Tolerogenics Receives $50,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10117418-92b4-427a-982d-07153274f474&Preview=1 Date 12/31/2009 Company Name Tolerogenics Mailing Address 20 N Wacker Dr Chicago, IL 60606-2901 Company Description The company is developing targeted approaches to the treatment of autoimmune diseases. Website Undisclosed Transaction Type Venture Equity Transaction Amount $50,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Tolerogenics Receives $50,000 New Funding”
Five Star Technologies Receives $4,122,900 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b0f27d57-d528-4b5d-920c-0d6e56cb362d&Preview=1 Date 12/31/2009 Company Name Five Star Technologies Mailing Address 6801 Brecksville Road Independence, OH 44131 Company Description Since its inception, Five Star has built a broad portfolio of patented processes and advanced materials experience. In 2002, the Company obtained venture capital funding to support development of new materials-based product platforms. Focusing … Continue reading “Five Star Technologies Receives $4,122,900 New Financing”
Achieve CCA Receives $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2726e59b-7ef4-477b-996d-115fe8cd5e09&Preview=1 Date 12/31/2009 Company Name Achieve CCA Mailing Address 101 NW 1st St Evansville, IN 47708 Company Description First, Achieve assesses each patient’s whole financial health. We develop a personalized plan to attack the patient’s debt. By involving all of the patients creditors, including credit cards, banks, and consumer finance companies, Achieve … Continue reading “Achieve CCA Receives $1,000,000 New Funding”
My Health Care Manager Secures $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3bad1990-9d3a-4d2a-846b-1282bc091338&Preview=1 Date 12/31/2009 Company Name My Health Care Manager Mailing Address 8520 Allison Pointe Blvd Indianapolis, IN 46250 Company Description My Health Care Manager is a national company whose mission is to help seniors and their families manage the complexities of older adult life with unbiased professional guidance addressing health, independence and … Continue reading “My Health Care Manager Secures $3,000,000 New Round”
ReconRobotics Receives $75,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=155406da-e8d0-4d3b-8e20-1845e0ddd7db&Preview=1 Date 12/31/2009 Company Name ReconRobotics Mailing Address 7700 West 78th Street Edina, MN 55439 Company Description The company designs, manufactures, deploys and supports miniature robotic systems and distributed robotic teams. These robots are specifically designed to provide real time information in hazardous or restricted space areas, for military, police and commercial … Continue reading “ReconRobotics Receives $75,000 New Round”
Quantum Learning Technologies Receives $400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8808a2c8-848d-4242-baae-1b3f7ef148cd&Preview=1 Date 12/31/2009 Company Name Quantum Learning Technologies Mailing Address 2245 S State St #1200 Ann Arbor, MI 48104 Company Description The company develops, markets, distributes and sells educational software. Website http://www.quantumlearningtechnologies.com Transaction Type Venture Equity Transaction Amount $400,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Quantum Learning Technologies Receives $400,000 New Financing”
Eden Park Illumination Secures $3,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fc2481e-36da-4038-aa66-244b79811fef&Preview=1 Date 12/31/2009 Company Name Eden Park Illumination Mailing Address 903 N Country Fair Drive Champaign, IL 61821 Company Description Eden Park Illumination is a young dynamic lighting technology company anchored in over fifty years of technology heritage through our affiliation with the Laboratory of Optical Physics and Engineering at the University … Continue reading “Eden Park Illumination Secures $3,000,000 New Funding Round”
Relume Technologies Obtains New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b53b8e3e-b84e-4dbf-b483-29318e5d2f7e&Preview=1 Date 12/31/2009 Company Name Relume Technologies Mailing Address 925 N Lapeer Rd Oxford, MI 48371 Company Description Relume manufactures highly efficient, cost-effective LED lighting products based on its patented Silver Circuitry™ thermal management technology. Incorporated in 1994 as an LED research and development company, Relume quickly became a leading innovator by … Continue reading “Relume Technologies Obtains New Funding Round”
Turning Point Lands $250,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d81b1f4-129a-4a84-8ef6-29f55ebc9ba7&Preview=1 Date 12/31/2009 Company Name Turning Point Mailing Address Undisclosed Toledo, OH 43601 Company Description Manufactures an analysis device for body condition. Website http://www.turningpointeffect.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Rocket Ventures
My Health Direct Obtains $4,150,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8775b6d5-162e-4c3a-b2fc-302b83971aa0&Preview=1 Date 12/31/2009 Company Name My Health Direct Mailing Address 150 N Sunnyslope Rd Brookfield, WI 53005 Company Description My Health Direct provides an easy to use web tool for clinicians in the ER to re-direct non-emergent patients to the appropriate setting in the community with a confirmed appointment based on the … Continue reading “My Health Direct Obtains $4,150,000 New Financing Round”
Edline Receives New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57c31b99-1548-4bad-80a7-453226863b29&Preview=1 Date 12/31/2009 Company Name Edline Mailing Address P.O. Box 06290 Chicago, IL 60606 Company Description Edline provides the world’s leading technology solutions that help schools improve student performance by harnessing the power of parental involvement, supporting teachers, and engaging the learning community. We offer an array of technology solutions that support … Continue reading “Edline Receives New Funding Round”