Freeosk Garners $6,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91cf572a-c093-4f47-9c04-29101f1d3bcd Date 8/7/2013 Company Name Freeosk Mailing Address 235A N Clybourn Ave Chicago, IL 60610 Company Description Would you like a free sample? The Freeosk is a fast and fun way to get free samples of the latest and greatest new products wherever you shop, play and explore. Discover new favorites. Freeosk … Continue reading “Freeosk Garners $6,000,000 Series A Funding”

UrbanBound Obtains $5,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95b353ef-0176-4a0f-ae59-60a29cdfc7dc Date 8/7/2013 Company Name UrbanBound Mailing Address 640 N LaSalle Chicago, IL 60654 Company Description UrbanBound provides companies with innovative tech solutions for employee relocation. Our growing team is full of bright, professional, and friendly individuals who love to work hard and have fun at the same time. We place a … Continue reading “UrbanBound Obtains $5,000,000 Series A Round”

BioMotiv Garners $25,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d5a094c-074b-45df-a7a5-ba0f05808ed2 Date 8/7/2013 Company Name BioMotiv Mailing Address 3605 Warrensville Center Rd Cleveland, OH 44122 Company Description BioMotiv is the mission-driven accelerator associated with The Harrington Project for Discovery & Development, a national initiative centered at University Hospitals Case Medical Center in Cleveland. Website http://www.biomotiv.com Transaction Type Venture Equity Transaction Amount $25,000,000 … Continue reading “BioMotiv Garners $25,000,000 New Financing Round”

RIVS Receives $2,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4893494d-41db-4889-8a28-f083c2748a3a Date 8/7/2013 Company Name RIVS Mailing Address 112 S Sangamon St Chicago, IL 60607 Company Description A company located in Chicago, we provide web software for online written, voice, and video interviews. Website http://www.rivs.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not … Continue reading “RIVS Receives $2,000,000 Series A Financing”

Pluralsight Acquires TrainSignal for $23,600,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d05828e2-6150-4fbc-8748-1f6e37dc8c8b Date 8/7/2013 Company Name TrainSignal Mailing Address 152 W. Center Ct Schaumburg, IL 60195 Company Description TrainSignal is a Chicago-based company that makes award-winning computer training for IT professionals. We work hard every day to produce premium quality computer training designed to give IT pros in-depth knowledge, build hands-on skills and … Continue reading “Pluralsight Acquires TrainSignal for $23,600,000”

Sidecar Co-Founder Fortino on Why He Chose to Invest in Detroit

Adrian Fortino caught the startup bug early, not long after earning two degrees from the University of Michigan. He had been working at the Van Buren Township, MI-based global engineering giant Ricardo when he jumped into his first go-around with entrepreneurship. “It quickly failed,” Fortino admits. “But after that, I couldn’t go back to corporate … Continue reading “Sidecar Co-Founder Fortino on Why He Chose to Invest in Detroit”

The Women’s Entrepreneurship Opportunity Is Not For Women Only

My doctoral dissertation, published in 2009, was a phenomenological study of 15 trailblazing women who held board of director positions in life sciences and technology businesses. The findings focused on the common traits and characteristics shared by the study participants, all of whom found success in an industry that is defined and dominated by men. … Continue reading “The Women’s Entrepreneurship Opportunity Is Not For Women Only”

Wire Labs Garners $150,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38cd0207-3ecb-4055-8cca-5785aca3075b Date 8/6/2013 Company Name Wire Labs Mailing Address 15300 Industrial Parkway Cleveland, OH 44135 Company Description Wire Lab Company is the exclusive dealer of Cym Shotblasting Machinery in the North American market. Website http://www.wirelab.com Transaction Type Debt Transaction Amount $150,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “Wire Labs Garners $150,000 New Financing Round”

HiredMyWay Shifts Model to Serve Employers Instead of Job Seekers

When we last caught up with the Detroit-based startup HiredMyWay in April 2012, CEO Matt Mosher said the company had roughly 20,000 job seekers paying a premium to guarantee that their resumes would be read by hiring manager. The company also had plans to expand into five additional markets: New York, Los Angeles, San Francisco, … Continue reading “HiredMyWay Shifts Model to Serve Employers Instead of Job Seekers”

How to Think Like a Hacker, Even If You Can’t Code

What do Mark Zuckerberg, Jeff Bezos, and Larry Page all have in common? Yes, they’ve founded multi-billion dollar businesses with virtually no formal business training, with combined revenues of over $80 billion. But they are also former software engineers and hackers, an experience that undoubtedly taught them skills in critical thinking and problem solving. Making … Continue reading “How to Think Like a Hacker, Even If You Can’t Code”

Celgene Emerges as Biotech’s Shrewdest, Nimblest Dealmaker

Celgene is best known for taking a notoriously dangerous compound, thalidomide, and turning a derivative into a hugely successful cancer drug. But what fewer people may realize is that it is fast building the biotech industry’s best network of partnerships with innovators. This feels odd to say, even though Celgene (NASDAQ: [[ticker:CELG]]) has been a … Continue reading “Celgene Emerges as Biotech’s Shrewdest, Nimblest Dealmaker”

Coskata Obtains $2,579,049 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e143853-debd-401f-ae85-3959f80a7cdd Date 8/5/2013 Company Name Coskata Mailing Address 4575 Weaver Parkway Warrenville, IL 60555 Company Description Coskata is a biology-based renewable energy company that is commercializing technology to produce biofuels from a wide variety of feedstocks. Using proprietary microorganisms and transformative bioreactor designs, the company projects that it will be able to … Continue reading “Coskata Obtains $2,579,049 New Round”

Wire Labs Receives $118,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=369c449d-a38e-43eb-a2ab-7ab0ad718d77 Date 8/5/2013 Company Name Wire Labs Mailing Address 15300 Industrial Parkway Cleveland, OH 44135 Company Description Wire Lab Company is the exclusive dealer of Cym Shotblasting Machinery in the North American market. Website http://www.wirelab.com Transaction Type Accelerator Transaction Amount $118,000 Transaction Round Seed Proceeds Purposes The company will use the proceeds … Continue reading “Wire Labs Receives $118,000 Seed Funding”

connXus Receives $1,350,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df3708dd-ac18-4c19-8ec3-bb3936cc48d3 Date 8/4/2013 Company Name connXus Mailing Address 5155 Financial Way Mason, OH 45040 Company Description connXus.com is an online service that connects diverse and small businesses with companies seeking to expand and diversify their supplier base. Our mission: to be a catalyst of economic growth by making it easier for our … Continue reading “connXus Receives $1,350,000 New Financing”

connXus Secures $1,350,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df3708dd-ac18-4c19-8ec3-bb3936cc48d3 Date 8/4/2013 Company Name connXus Mailing Address 5155 Financial Way Mason, OH 45040 Company Description connXus.com is an online service that connects diverse and small businesses with companies seeking to expand and diversify their supplier base. Our mission: to be a catalyst of economic growth by making it easier for our … Continue reading “connXus Secures $1,350,000 New Financing”

Biogenic Reagents Secures $9,500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94598172-88bf-4767-91dc-bedb098ef507 Date 8/3/2013 Company Name Biogenic Reagents Mailing Address 133 1st Ave N Minneapolis, MN 55401 Company Description Biogenic Reagents is a producer of low cost, high-performance carbon products made from renewable resources. The company’s specialty products include: activated carbon for mercury and emissions control, metallurgical carbon for iron and metals production, … Continue reading “Biogenic Reagents Secures $9,500,000 New Financing Round”

PureCars Acquires Ronin Solutions for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1adc26c-32e5-4141-9596-30cba9faa465 Date 8/3/2013 Company Name Ronin Solutions Mailing Address 700 W. Virginia St. Milwaukee, WI 53204 Company Description Ronin Solutions LLC is a Rep Firm dedicated to bringing it’s customers the very best digital solutions available in an ever changing marketplace. Website http://www.roninsolutions.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds … Continue reading “PureCars Acquires Ronin Solutions for Undisclosed Sum”

BizGrid Details Resources for Detroit Entrepreneurs

This week, the Detroit Business Support Network released the BizGrid, a resource for Motor City entrepreneurs who may be unsure of where to turn for support. Billed as an “infographic,” the BizGrid is a 9-by-27 ½-inch chart with an eye-catching design that serves as a sort of map to the different resources available to local … Continue reading “BizGrid Details Resources for Detroit Entrepreneurs”

What’s In Your Earthquake Kit? Here’s a Look at Mine

If you live in California, where earthquakes measuring 4.0 or above hit once or twice a month, you can’t ignore the fact that the continental plates are shifting. Frequent, minor temblors help to remind us that someday, the Big One could instantly disable our fragile highways, aqueducts, and communications networks. In that scenario, all of … Continue reading “What’s In Your Earthquake Kit? Here’s a Look at Mine”

Four Startup Challenges that Technology Can Help Solve

Many startups think that their greatest challenge is to get funding. Sure, that’s tough. And when you do find a willing investor, half the battle is won. But after that, the real work begins. You need to build a good team, put in place processes and infrastructure, innovate, and of course, pursue aggressive marketing strategies. … Continue reading “Four Startup Challenges that Technology Can Help Solve”

Rapid Diagnostek Lands $850,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58e11f86-55a0-4ef6-8dbd-117cb1b7b015 Date 8/2/2013 Company Name Rapid Diagnostek Mailing Address 14505 21st Avenue N Plymouth, MN 55447 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 … Continue reading “Rapid Diagnostek Lands $850,000 New Financing”

Flud Co-Founder Says News Platform Is Closing Down Aug. 8

Flud co-founder and CEO Bobby Ghoshal sent an e-mail around to users and supporters yesterday announcing that the company had decided to “wind down” operations. Starting Aug. 8, Flud’s social news aggregation platform will no longer be in service. In the e-mail, Ghoshal wrote, “Flud managed to capture the hearts of millions of you all … Continue reading “Flud Co-Founder Says News Platform Is Closing Down Aug. 8”

The Sowing of a Startup Community in Telluride

All it takes are the right seeds and soil for a startup community to take root and thrive. I recently saw this first hand in a seemingly off-the-beaten-path city—Telluride, CO. I discovered Telluride’s entrepreneurial aspirations last summer, when I received a call from Jesse Johnson, an entrepreneur who relocated from New York City to Telluride … Continue reading “The Sowing of a Startup Community in Telluride”

Advanced Circulatory Obtains $2,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca0a33e0-e73f-4521-a846-97aa436f0ce7 Date 8/1/2013 Company Name Advanced Circulatory Mailing Address 1905 County Road C West Roseville, MN 55113 Company Description Advanced Circulatory offers a proprietary technology platform protected by numerous issued US and international patents and pending patent applications that is non-invasive, instantaneous and increases the circulation of individuals to whom it is … Continue reading “Advanced Circulatory Obtains $2,000,000 New Funding”

Why Deborah Dunsire’s Unusual Bet on Alzheimer’s Makes Sense

Just because a biotech company has landed a high-profile chief executive, does that mean its product is going to work? I’ve been asking myself that question in the wake of the unexpected July 11 announcement of the hiring of a biotech superstar, the Novartis veteran and former Millennium Pharmaceuticals CEO Deborah Dunsire, by Boston-area biotech … Continue reading “Why Deborah Dunsire’s Unusual Bet on Alzheimer’s Makes Sense”

AuraSense Therapeutics Receives Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=320c6e05-ccfb-4de8-901a-7f1feecee64e Date 7/31/2013 Company Name AuraSense Therapeutics Mailing Address 8045 Lamon Avenue Skokie, IL 60077 Company Description AuraSense Therapeutics is a development-stage biotechnology company founded to pursue the unique commercial potential of Spherical Nucleic Acid (SNA) constructs. These novel constructs possess unparalleled biocompatibility and versatility as therapeutics. Website http://www.aurasensetherapeutics.com Transaction Type Venture … Continue reading “AuraSense Therapeutics Receives Series B Round”

ChoreMonster Secures $1,500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4e894fb-e43c-46c1-ba2d-d5d0f2a91357 Date 7/31/2013 Company Name ChoreMonster Mailing Address 1401 Central Pkwy Cincinnati, OH 45214 Company Description ChoreMonster combines digital gaming with a Web-services facet through a suite of mobile and Web applications that allows parents and children ages 6-12 to collaborate interactively to complete household tasks. Parents assign real-life rewards for completing … Continue reading “ChoreMonster Secures $1,500,000 New Financing Round”

Behavioral Technologies Lands Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70cfcee8-80c9-47c7-92a6-6ca85914c21c Date 7/31/2013 Company Name Behavioral Technologies Mailing Address 2601 E University Avenue Des Moines, IA 50317 Company Description Behavioral Technologies builds wearable technology that seeks to influence habits, rather than simply measure movement. Website http://www.hackthesystem.com Transaction Type Accelerator Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes The company will use the … Continue reading “Behavioral Technologies Lands Seed Financing Round”

Subsidence Lands Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87859512-43f8-4506-8f10-c0696ff42aaa Date 7/31/2013 Company Name Subsidence Mailing Address 1 East Main St. Madison, WI 53703 Company Description Subsidence is a weather data company that provides dense surface observations generated by our proprietary weather stations. This composite of granular weather data has applications across a variety of markets, including insurance, power trading, forecasting, … Continue reading “Subsidence Lands Seed Round”

GM, Honda Detail Long-Term Fuel Cell Co-Development Strategy

Earlier this month, GM and Honda announced they are embarking on a long-term agreement to co-develop next-generation fuel cell technologies and infrastructure, with the goal of driving the technology forward faster. The target date the automakers are shooting for is 2020. “We’re working together to innovate and drive costs down,” says Charles Freese, GM’s executive … Continue reading “GM, Honda Detail Long-Term Fuel Cell Co-Development Strategy”

Jifiti Obtains $2,500,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6c03021-72d9-416e-a1b0-660b6d6ef697 Date 7/30/2013 Company Name Jifiti Mailing Address 1275 Kinnear Rd Columbus, OH 43212 Company Description Jifiti.com has taken a unique approach to the online-offline tension by giving users the ability to capture tangible products in real stores and turn them into digitally transmittable gift cards. Once received, a user may use … Continue reading “Jifiti Obtains $2,500,000 Seed Round”

U-M Startup TurtleCell Offers Solution to Tangled iPhone Earbuds

Those of us who can scarcely leave the house without our headphones firmly anchored in our ears all have the same problem: perpetually tangled cords. TurtleCell, a startup based in Ann Arbor, MI, believes it has the solution. TurtleCell has designed an iPhone case with headphones embedded inside on a retractable cord, which means there … Continue reading “U-M Startup TurtleCell Offers Solution to Tangled iPhone Earbuds”

Pharma Fails Credibility Test, Misses Opportunity, on Transparency

Some of the biggest scandals in the pharmaceutical industry (think Vioxx and Avandia) have been about drug safety, and how much of the clinical trial data on prescription drugs—especially the negative stuff—is kept hidden. Not surprisingly, some scientists, physicians, regulators, and patients have joined forces to push for all clinical-trial results, positive or negative, to … Continue reading “Pharma Fails Credibility Test, Misses Opportunity, on Transparency”

The Harbor Area Creators Collective

The Harbor Creators Collective is a series of events meant to engage, inspire, and stimulate creative entrepreneurs in small-town northern Michigan. The weekend will offer a range of activities, including yoga in the park, a pitch competition, campfire chats, creators fair, pig roast, and tours of Harbor Springs. For details, click here.

OpenCo Festival

OpenCo is an unconventional “inside-out” business conference that has been held all over the world and now comes to Detroit. On the day of the conference, local startups will open their doors to networkers, investors, marketers, job seekers, and curious neighbors to give them direct access, where they will learn firsthand how these startups are … Continue reading “OpenCo Festival”

What Will the End of Moore’s Law Mean for Consumers? Not Much

“The party isn’t exactly over, but the police have arrived, and the music has been turned way down.” That’s how Peter Kogge, an ex-IBM computer scientist who teaches at Notre Dame, described the state of supercomputing in a 2011 article in IEEE Spectrum. The giant machines that researchers use to simulate things like climate change, … Continue reading “What Will the End of Moore’s Law Mean for Consumers? Not Much”

Commentary: Bankruptcy Won’t Stop Detroit’s Innovative Entrepreneurs

On Wednesday, the city of Detroit celebrated its 312th birthday. Incidentally, that makes it older than the United States itself by 75 years. A city doesn’t endure for more than three hundred years (and sometimes thrive, lest we forget the 20th century) without a little grit, a lot of innovation, and an abundance of the … Continue reading “Commentary: Bankruptcy Won’t Stop Detroit’s Innovative Entrepreneurs”

SwapMob Lands $1,000,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e31ca10-f29b-4ea8-8267-877a64b8a0a9 Date 7/26/2013 Company Name SwapMob Mailing Address Undisclosed Ann Arbor, MI 49104 Company Description Swapmob was founded in 2011 by Mark Sendo, who originally conceived the idea after playing free-to-play games on Facebook. Upon playing, there was a clear desire to sell previously purchased in-game items and use those proceeds to … Continue reading “SwapMob Lands $1,000,000 Seed Funding Round”

Michigan Pre-Seed Capital Fund Invests $1.5M in Six Startups

The Michigan Pre-Seed Capital Fund announced this week that it has invested $1.5 million in six early-stage tech startups: AutoBike, AlertWatch, BEET Analytics Technology, IROA Technologies, Patient Provider Communications, and TM3 Systems. To date, the Michigan Pre-Seed Capital Fund has invested $20 million in 89 Michigan companies. Ann Arbor SPARK acts as the fund’s administrator. About the companies receiving investment: —AutoBike, based in … Continue reading “Michigan Pre-Seed Capital Fund Invests $1.5M in Six Startups”

AlertWatch Lands New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=657d3a47-e4ce-47d6-957a-422a208cc9e9 Date 7/25/2013 Company Name AlertWatch Mailing Address 600 Huron Parkway Bldg 520 Ann Arbor, MI 48109 Company Description AlertWatch: OR is a secondary patient monitor for use in hospital operating rooms. AlertWatch aggregates data from multiple networks hospital IT systems and displays them at a central location. Once alerted, the clinician … Continue reading “AlertWatch Lands New Funding Round”

BEET Analytics Technology Lands New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c9644d6-fdb3-485f-8edf-4ccdb5f838c4 Date 7/25/2013 Company Name BEET Analytics Technology Mailing Address 45207 Helm Street Plymouth, MI 48170 Company Description Beet Analytics Technology is committed to providing state of the art diagnostic and analytical tools to accelerate problem solving for operations facing complex assembly and automation challenges. Website http://www.beetllc.com Transaction Type Venture Equity Transaction … Continue reading “BEET Analytics Technology Lands New Financing Round”

Cellular Dynamics International Secures $46,200,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f0dd1f0-b84b-4d12-a468-52a674f9083b Date 7/25/2013 Company Name Cellular Dynamics International Mailing Address 525 Science Drive Madison, WI 53711 Company Description Cellular Dynamics (NASDAQ: ICEL) was founded by three world-class scientists in cardiac ion channel models, hES cells, and iPS cells to provide cardiac toxicity drug testing services, including GLP and non-GLP hERG electrophysiological assays … Continue reading “Cellular Dynamics International Secures $46,200,000 New Financing”

AutoBike Secures New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69e0aba6-50ab-44bf-8b46-85ed7030a134 Date 7/25/2013 Company Name AutoBike Mailing Address 185 Elmwood Dr Troy, MI 48083 Company Description Our Mission is to provide the smoothest, most comfortable, and most enjoyable bicycle riding experience ever. Website http://www.evolvethebike.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “AutoBike Secures New Funding”

IROA Technologies Garners New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a318fba3-ff35-4c64-b5f9-a8eb7f7ae690 Date 7/25/2013 Company Name IROA Technologies Mailing Address 7395 Warren Road Ann Arbor, MI 48105 Company Description NextGen Metabolomics’ IROA technology is a protocol which makes metabolic profiling and metabolomics so easy to do that anyone can do it in less time than it currently takes to prepare the samples for … Continue reading “IROA Technologies Garners New Funding Round”

Patient Provider Communications Obtains New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7fec0a2-3cad-43dc-9359-cdc169522d53 Date 7/25/2013 Company Name Patient Provider Communications Mailing Address 2929 Verle Avenue Ann Arbor, MI 48108 Company Description Patient Provider Communications (PPC) is a healthcare technology company developing Eloquence™, the first evidence-based nurse call solution. PPC was formed in early 2009 and is located in Ann Arbor, MI. Website http://www.patientprovidercommunications.com Transaction … Continue reading “Patient Provider Communications Obtains New Financing”

Infobionics Receives $2,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c98893d-54b9-44ed-acbf-840711b0b3a2 Date 7/24/2013 Company Name Infobionics Mailing Address 3432 Denmark Ave. Eagan, MN 55123 Company Description Introducing Cellular Database Management System (CDBMS) – the next generation in information management technology. Simple architecture, unrivaled agility and flexibility, less IT involvement. Website http://www.infobionics.com Transaction Type Venture Equity Transaction Amount $2,500,000 Transaction Round Undisclosed Proceeds … Continue reading “Infobionics Receives $2,500,000 New Financing”

iRule Lands $100,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=572fd2ad-0b4d-43a5-9fd4-c57993ddb548 Date 7/24/2013 Company Name iRule Mailing Address One Campus Martius Detroit, MI 48226 Company Description We started as two enthusiast geeks with a passion for movies, home theater, and consumer electronics. Website http://www.iruleathome.com Transaction Type Venture Equity Transaction Amount $100,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “iRule Lands $100,000 New Financing”

MAR Systems Lands $3,366,150 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44d6d374-f515-4b24-b644-dccd070c0f65 Date 7/24/2013 Company Name MAR Systems Mailing Address 30625 Solon Road Cleveland, OH 44139 Company Description MAR Systems provides proprietary processes for the removal of metal contaminants from water and industrial fluid waste streams through the use of recycled alumina catalysts — transforming waste alumina catalysts into a major contributor for … Continue reading “MAR Systems Lands $3,366,150 New Round”

We’re Number 9! U.S. Slips in Internet Connection Ranking

Here’s something to add to your decline-of-the-empire files: the U.S. is falling further behind in world rankings of average Internet connection speeds. That’s the verdict from the latest State of the Internet Report by Akamai (NASDAQ: [[ticker:AKAM]]), the Cambridge, MA-based networking company that handles about a third of global Web traffic. The latest stats cover … Continue reading “We’re Number 9! U.S. Slips in Internet Connection Ranking”