2tor Receives $22,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70f67664-63b7-4f14-b9f6-d5bc0bb8f244&Preview=1 Date 2/16/2010 Company Name 2tor Mailing Address Chelsea Piers Pier 59 New York, NY 10011 Company Description Founded by a unique team of education veterans with unparalleled experience, 2tor Inc. is a private company that partners with preeminent institutions of higher education to deliver rigorous, selective degree programs online.2tor develops state-of-the-art … Continue reading “2tor Receives $22,000,000 Series B Round”

PatientsLikeMe Acquires ReliefInsite for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df80d937-1123-4022-94ce-4489c38c91e0&Preview=1 Date 2/16/2010 Company Name ReliefInsite Mailing Address Undisclosed Albany, NY 12201 Company Description ReliefInsite is a disease management service that provides a web-based platform to enable and enhance disease management programs, particularly in pain management. Website http://www.reliefinsite.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms … Continue reading “PatientsLikeMe Acquires ReliefInsite for Undisclosed Sum”

TuneSat Secures $975,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b612c03f-f1a0-42e7-a950-1c7911232911&Preview=1 Date 2/11/2010 Company Name TuneSat Mailing Address 1650 Broadway New York, NY 10019 Company Description Do you know where your music is being broadcast? TuneSat does… We are listening. Whether you’re a composer, publisher, artist, or record label, tracking the use of and protecting your copyrighted music has been nearly impossible … Continue reading “TuneSat Secures $975,000 New Funding”

Oracle Acquires Convergin for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dda37a6f-2b30-406b-99ef-a4f55c91c52f&Preview=1 Date 2/10/2010 Company Name Convergin Mailing Address 1270 Broadway New York, NY 10001 Company Description Convergin is the leading provider of Service Capability Interaction Management (SCIM) telco network solutions that assist carriers realize true Fixed Mobile Convergence (FMC) and accelerate their networks evolution to IMS. Website http://www.convergin.com Transaction Type M&A Transaction … Continue reading “Oracle Acquires Convergin for Undisclosed Sum”

TwoF Receives $2,100,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3b6dbf1-c230-4e01-a7bb-5567a33079ac&Preview=1 Date 2/9/2010 Company Name TwoF Mailing Address 350 Fifth Avenue, 41st Floor New York, NY 10118 Company Description TwoF, inc. was established November 2005 with the purpose of developing SupramolecularNanoStamping (SuNS), a proprietary technology for the production of DNA microarrays. Website http://www.twof.com Transaction Type Venture Equity Transaction Amount $2,100,000 Transaction Round … Continue reading “TwoF Receives $2,100,000 New Funding Round”

Aero Farm Systems Secures $500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55e34b4f-e97f-41db-97da-086d3aad55f0&Preview=1 Date 2/8/2010 Company Name Aero Farm Systems Mailing Address Undisclosed Ithaca, NY 14858 Company Description With our leading aeroponic technology, pioneers can transform abandoned buildings into thriving farms, grow green on previously unfarmable land, revitalize shrinking economies and provide healthy, clean, safe food for all. Website http://www.aerofarms.com Transaction Type Venture Equity … Continue reading “Aero Farm Systems Secures $500,000 New Financing Round”

ScanBuy Receives New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ea64185-9cbb-4743-8203-39877ff17fee&Preview=1 Date 2/2/2010 Company Name ScanBuy Mailing Address 54 West 39th Street 4th Floor New York, NY 10018 Company Description SCANBUY enables camera phones to capture and immediately decode printed or electronically displayed barcodes. One scan to stream music, watch trailers, download ringtones, access information, and shop with your cell phone. Website … Continue reading “ScanBuy Receives New Financing”

Fynanz Receives $6,500,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e495e07-3779-4f49-abfc-5cdba6b249c0&Preview=1 Date 2/1/2010 Company Name Fynanz Mailing Address 104 W. 27th St. 4th Floor New York, NY 10001 Company Description Fynanz Inc. was founded in 2007 by a team of proven student loan industry veterans with over 100 combined years of finance and technology expertise. We are committed to developing unique, affordable, … Continue reading “Fynanz Receives $6,500,000 Series A Financing Round”

Yodle Garners $10,000,000 Series D Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9479f33a-7fb4-4fe0-9714-99f4ddb29006&Preview=1 Date 2/1/2010 Company Name Yodle Mailing Address 50 West 23rd Street 4th Floor New York, NY 10010 Company Description As a leading provider of local online advertising services, Yodle helps you get found – offering the expertise and tools you need to reach these prospects, and convert them into customers. Website … Continue reading “Yodle Garners $10,000,000 Series D Funding Round”

Fab.com Lands $625,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a38ae6a8-acc1-4e00-87c0-356df185b818&Preview=1 Date 1/29/2010 Company Name Fab.com Mailing Address Undisclosed New York, NY 10000 Company Description Fab.com is a social net and lifestyle site aimed at gay men. Website http://www.fab.com Transaction Type Venture Equity Transaction Amount $625,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Washington … Continue reading “Fab.com Lands $625,000 Series A Funding Round”

Tora Trading Services Garners $36,400,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3651a284-14ef-445f-bee2-8a19241def70&Preview=1 Date 1/29/2010 Company Name Tora Trading Services Mailing Address 110 Wall Street 7th Floor New York, NY 10005 Company Description Tora is the recognized leader in technology, trading and liquidity focused on Asia. Tora offers a unique portfolio of products that have been designed by buy-side traders for buy-side traders to … Continue reading “Tora Trading Services Garners $36,400,000 New Round”

BuyWithMe Secures $5,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dfcb0618-05cb-4b5f-98fb-d5ff77d1eb33&Preview=1 Date 1/20/2010 Company Name BuyWithMe Mailing Address 345 Hudson St., 13th Floor New York, NY 10014 Company Description We, the BuyWithMe team, are the most avid fans of the businesses featuring deals on this site. We take pride in working to handpick and help curate the promotions, partnering with businesses of … Continue reading “BuyWithMe Secures $5,500,000 New Round”

Image Space Media Lands $2,900,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cabc86ee-d85f-403e-bea8-bd7ee3647110&Preview=1 Date 1/19/2010 Company Name Image Space Media Mailing Address 740 Broadway New York, NY 10003 Company Description Image Space Media is the leading provider of in-image advertising for the Internet, reaching over 40 million unique users worldwide each month. Website http://www.imagespacemedia.com Transaction Type Venture Equity Transaction Amount $2,900,000 Transaction Round Undisclosed … Continue reading “Image Space Media Lands $2,900,000 New Funding Round”

Correctnet Garners $3,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba9d9130-3130-4acb-9297-4fb468b5ffa9&Preview=1 Date 1/13/2010 Company Name Correctnet Mailing Address 200 Motor Parkway Hauppauge, NY 11788 Company Description CorrectNet is one of today’s leading innovators in harnessing data to power critical reporting and process automation solutions. The firm has established an enviable track record of providing enterprise data management and reporting solutions to the … Continue reading “Correctnet Garners $3,000,000 New Funding”

Subscription Model Turns Rent the Runway into a Real “Dressflix”

“Netflix for designer dresses” is the elevator pitch that everyone uses to describe Rent the Runway, the New York City startup that launched in November with Series A funding from Boston-based Bain Capital Ventures. The company buys dresses from top fashion designers, then lets customers reserve them online for a four- or eight-day rental period. … Continue reading “Subscription Model Turns Rent the Runway into a Real “Dressflix””

Stylesight Obtains $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4b55196-bc4a-4b53-a140-8c55212d082b&Preview=1 Date 1/6/2010 Company Name Stylesight Mailing Address 25 West 39th Street 14th Floor New York, NY 10018 Company Description Stylesight is a team of seasoned and accomplished industry insiders whose extensive careers traverse the fields of fashion design, trend analysis, forecasting, reporting, merchandising and apparel manufacturing. We understand the business of … Continue reading “Stylesight Obtains $5,000,000 Series B Funding”

TraderTools Secures $1,300,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2de3e881-2b39-4ca6-ab79-c32fd61a344f&Preview=1 Date 1/6/2010 Company Name TraderTools Mailing Address 30 Rockefeller Plaza New York, NY 10112 Company Description TraderTools LLC is a provider of business solutions, software and services to financial institutions trading FX. TraderTools’ Liquidity Management Platform is the only system to integrate the four disciplines of electronic FX trading: pricing, dealing, … Continue reading “TraderTools Secures $1,300,000 New Financing Round”

Dot Hill Systems Acquires Cloverleaf Communications for $12,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=918f9078-68fc-45f9-9c13-136533ae09f4&Preview=1 Date 1/6/2010 Company Name Cloverleaf Communications Mailing Address 3 Crossways Park Drive Woodbury, NY 11797 Company Description Cloverleaf Communications develops data storage systems. The Cloverleaf iSN is an intelligent storage management network system that can work with multiple types of data storage and with computer servers running the Linux, UNIX, and … Continue reading “Dot Hill Systems Acquires Cloverleaf Communications for $12,000,000”

The Talk Market Garners $750,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46f4971b-7cd2-459a-8001-1b6872b08cbb&Preview=1 Date 12/31/2009 Company Name The Talk Market Mailing Address 1255 Park Avenue New York, NY 10029 Company Description The Talk Market is a television shopping channel hosted by you! Anyone with a product to sell can upload a video featuring their product and be a part of our unique and entertaining … Continue reading “The Talk Market Garners $750,000 New Financing Round”

Demdex Secures New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdabf411-010c-4348-a6d1-3abe3f166cfd&Preview=1 Date 12/31/2009 Company Name Demdex Mailing Address 460 W. 34th St 14th Floor New York, NY 10001 Company Description The company operates an online demographic data exchange. Website http://www.demdex.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor First … Continue reading “Demdex Secures New Round”

Tabula Digita Obtains $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c1cff54-d212-46e1-8501-49057a1929fd&Preview=1 Date 12/31/2009 Company Name Tabula Digita Mailing Address 5-14 51st Avenue 3rd Floor Long Island City, NY 11101 Company Description Tabula Digita is an educational gaming company focused on delivering innovative and effective educational games to students and institutions. The games have all of the action adventure fun associated with mainstream … Continue reading “Tabula Digita Obtains $1,000,000 New Financing Round”

SeaPass Solutions Receives $17,286,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=750f909b-4fd9-4dc3-ae64-536a81b98037&Preview=1 Date 12/31/2009 Company Name SeaPass Solutions Mailing Address 90 Park Avenue New York, NY 10016 Company Description SeaPass Solutions, founded in 2000, is headquartered in New York City. The company develops and markets solutions that enable insurance carriers, agents, brokers and wholesalers to transmit and receive data in real-time and leverage … Continue reading “SeaPass Solutions Receives $17,286,000 New Financing Round”

Complex Media Obtains $12,820,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=122be4a5-6d4d-40f4-9a07-5a617dc09a69&Preview=1 Date 12/31/2009 Company Name Complex Media Mailing Address 40 West 23rd Street New York, NY 10010 Company Description COMPLEX MEDIA NETWORK is the premier online destination for the most influential 20-something male consumers. This discerning audience is driven by style, sports, music, games, gear and girls. The Complex Media Network reaches … Continue reading “Complex Media Obtains $12,820,000 New Financing Round”

SOMS Technologies Lands $150,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=974446e2-e92b-4310-886e-637332293e8b&Preview=1 Date 12/31/2009 Company Name SOMS Technologies Mailing Address 4 Broadway Valhalla, NY 10595 Company Description The company provides extended oil filter technologies. Website http://www.microgreenfilter.com Transaction Type Venture Equity Transaction Amount $150,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Advantage Capital Partners Venture Investor Rand … Continue reading “SOMS Technologies Lands $150,000 New Funding Round”

Cellufun Receives $250,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=773841f0-c2b6-42d2-a21f-7ad8e8a7e33b&Preview=1 Date 12/31/2009 Company Name Cellufun Mailing Address 48 Wall Street 29th Floor New York, NY 10005 Company Description Cellufun is a provider of real-time, multi-player games that can be played on existing and next-generation web-enabled mobile phones. As the only company providing a community-based, mobile gaming portal, Cellufun offers FREE single-player … Continue reading “Cellufun Receives $250,000 New Financing”

LiveIntent Receives New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aecfa835-af16-440b-93d0-7ff08966d67e&Preview=1 Date 12/31/2009 Company Name LiveIntent Mailing Address 105 Chambers Street New York, NY 10007 Company Description Operates as a social media site. Website http://www.liveintent.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor First Round Capital

Rheonix Obtains $250,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb136dfd-140b-4b12-9a53-80d4e87be744&Preview=1 Date 12/31/2009 Company Name Rheonix Mailing Address 22 Thornwood Drive Ithaca, NY 14850 Company Description Rheonix, Inc. is exploiting its novel, patented, polymer chip microfluidic technology to introduce products that address some of the hottest issues in global healthcare today: Avian Influenza, HPV, TB, Dengue Fever, AIDS, SARS, bioterrorism, affordable healthcare … Continue reading “Rheonix Obtains $250,000 New Round”

ORTHOCON Receives $12,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=05b4c6e1-4505-408a-890f-82de445f9ca9&Preview=1 Date 12/31/2009 Company Name ORTHOCON Mailing Address 1 Bridge Street Irvington, NY 10533 Company Description ORTHOCON is a privately held, specialty pharmaceutical and medical device company focused on the development of new and innovative products for the orthopaedic and spine surgery markets. Website http://www.orthocon.com Transaction Type Venture Equity Transaction Amount $12,500,000 … Continue reading “ORTHOCON Receives $12,500,000 New Funding Round”

Gemcor Garners $500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf8ab6c6-099c-419f-bd19-8be83c0df331&Preview=1 Date 12/31/2009 Company Name Gemcor Mailing Address 100 Gemcor Drive West Seneca, NY 14224 Company Description Gemcor was founded in 1937 and first developed the Drivmatic process in the early 1940s. The Drivmatic process is the process used around the world for automatically fastening airframe assemblies. Since Gemcor’s inception, over 2,000 … Continue reading “Gemcor Garners $500,000 New Financing”

Solve Media Garners New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f733f44e-a62f-499e-a845-93b07c7986ee&Preview=1 Date 12/31/2009 Company Name Solve Media Mailing Address 460 W. 34th St., 14th Floor New York, NY 10001 Company Description Solve Media’s proprietary TYPE-IN system delivers performance-based campaigns to agencies and advertisers seeking superior engagement, awareness and recall. Website http://www.solvemedia.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds … Continue reading “Solve Media Garners New Round”

Visionsense Secures $8,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5432e23-be33-4bf5-8fef-9d3a17e5d1ff&Preview=1 Date 12/31/2009 Company Name Visionsense Mailing Address 40 Ramland Road Orangeburg, NY 10962 Company Description Visionsense is positioning itself as a high-end technology company, aiming to drive the Minimally Invasive Surgery (“MIS”) visualization market from 2-Dimensional optics to “smart” 3-Dimensional sensors. Website http://www.visionsense.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction … Continue reading “Visionsense Secures $8,000,000 New Funding Round”

Healthguru Receives $3,200,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce46eb93-8012-45a1-8ae9-c4f419a71941&Preview=1 Date 12/31/2009 Company Name Healthguru Mailing Address 494 Broadway 4th Floor New York, NY 10012 Company Description HealthGuru.com is the leading destination site for health video on the web (comScore Video Metrix, November 2010). Our unique approach to health education was developed specifically for the “under 35” demographic. Website http://www.healthguru.com Transaction … Continue reading “Healthguru Receives $3,200,000 New Financing Round”

Intelligize Garners $2,026,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a6347453-71f5-47ec-ade7-c922a0653c46&Preview=1 Date 12/31/2009 Company Name Intelligize Mailing Address 304 Park Ave South New York, NY 10010 Company Description In today’s economic climate, the concept that “time is money” is an overriding consideration and lawyers facing amplified price competition and pressures on profit margins are increasingly looking to game-changing technologies to streamline operations. … Continue reading “Intelligize Garners $2,026,000 New Financing Round”

Jen Bekman Projects Lands $800,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f8d19d3-1ad7-4736-a5d8-cae70575393f&Preview=1 Date 12/31/2009 Company Name Jen Bekman Projects Mailing Address 6 Spring Street New York, NY 10012 Company Description Jen Bekman Projects, Inc. encompasses a variety of interrelated and evolving programs, all of which are organized around the concept of art for everyone. JBP is currently comprised of three programs: 20×200, the … Continue reading “Jen Bekman Projects Lands $800,000 New Round”

SocialWorkout Receives $25,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9bbb09f-bb62-4c75-8d59-cd641d39d18a&Preview=1 Date 12/31/2009 Company Name SocialWorkout Mailing Address 594 Broadway New York, NY 10012 Company Description The company operates as a social networking site. Website http://www.socialworkout.com Transaction Type Venture Equity Transaction Amount $25,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor The Lambda Funds

Diroda Therapeutics Obtains $3,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0e8362d-09f0-4448-84b6-dc6224599688&Preview=1 Date 12/31/2009 Company Name Diroda Therapeutics Mailing Address Undisclosed New York, NY 10106 Company Description The company is developing unspecified medical products. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Aisling Capital

Invision Receives $5,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f254ae78-adcc-4f99-a8b3-e1beeca4bea0&Preview=1 Date 12/31/2009 Company Name Invision Mailing Address 420 Lexington Avenue New York, NY 10170 Company Description We have been providing software solutions and consulting services to the media industry since 1993. We understand the complex media business and we focus on offering strategic revenue optimizing, inventory management and pricing systems that … Continue reading “Invision Receives $5,000,000 New Funding”

Next New Networks Receives New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e651877-3540-45a9-87b5-e45cde0051aa&Preview=1 Date 12/31/2009 Company Name Next New Networks Mailing Address 22 West 21st Street 10th Floor New York, NY 10010 Company Description Next New Networks is a media company that is creating micro television networks over the internet for targeted communities, bringing together elements of traditional TV networks with Internet functionality that … Continue reading “Next New Networks Receives New Financing”

Knovel Lands $2,311,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=64fb347e-8d28-454d-af3c-f10a93864fe2&Preview=1 Date 12/31/2009 Company Name Knovel Mailing Address 489 Fifth Avenue 9th Floor New York,, NY 10017 Company Description Knovel brings essential Sci-tech reference data to life in a virtual technical library that solves problems for engineers, applied scientists and librarians worldwide. Website http://www.knovel.com Transaction Type Venture Equity Transaction Amount $2,311,000 Transaction … Continue reading “Knovel Lands $2,311,000 New Financing”

Mochila Obtains $1,005,200 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb4e9cd9-c0ac-47d1-8e82-fb2b22d6fb80&Preview=1 Date 12/31/2009 Company Name Mochila Mailing Address 225 Broadway Street New York, NY 10007 Company Description Founded in 2001 as a publishing automation software company, today Mochila is an online content marketplace for publishers, editors, creators and advertisers. Designed to be first to market, Mochila leverages the power of the Internet … Continue reading “Mochila Obtains $1,005,200 New Round”

My Top 10 List of Innovations Across the Spectrum

Here are my top 10 innovations that are coming to the forefront in 2010. Of course, none of these would be possible without the economic engine that is embodied by the USA Science & Engineering Festival, which is creating the innovative minds of the future. 1) High-tech treatment of nuclear waste, a technology that solves … Continue reading “My Top 10 List of Innovations Across the Spectrum”

Novomer Uses Kodak’s Idle Film Plants to Scale Up Its Green Process for Making Plastic

There’s news out of Boston-based Novomer today offering a measure of encouragement to environmentalists fixated on this month’s climate-change negotiations in Copenhagen. The material science startup, which has venture backing from Kirkland, WA-based OVP Venture Partners and other firms, says it has embarked on a partnership with Kodak to use the 117-year-old company’s chemical manufacturing … Continue reading “Novomer Uses Kodak’s Idle Film Plants to Scale Up Its Green Process for Making Plastic”

Founder Collective: When Entrepreneurs Form Their Own Seed-Stage Venture Firm

Managing a venture fund is hugely different from running a startup. Eric Paley told me that last year at this time his primary responsibility was at dental imaging firm Brontes Technologies, the MIT spin-off that he co-founded and where he had served as general manager after its sale to technology giant 3M (NYSE:[[ticker:MMM]]) in 2006. … Continue reading “Founder Collective: When Entrepreneurs Form Their Own Seed-Stage Venture Firm”

Boston Venture Firms Dominate New Mentoring Program for New York Startups

If you want to build a program to nurture early-stage startups in New York City through regular meetings with investors, legal and financial advisors, and experienced CEOs, where do you turn for mentors and sponsors? To Boston, naturally. Of the 11 founding members of the new First Growth Venture Network, five—Battery Ventures, Charles River Ventures, … Continue reading “Boston Venture Firms Dominate New Mentoring Program for New York Startups”

Xtify Receives New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f0d31a8-1042-4cbf-a05a-3bca3641f7ec&Preview=1 Date 12/31/2008 Company Name Xtify Mailing Address 45 West 25th Street 11th Floor New York, NY 10010 Company Description The company provides a location-based API for mobile devices. Website http://www.xtify.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Xtify Receives New Financing”

MeetMoi Garners New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4de79d3b-69cf-4216-ba9a-533f9d9004be&Preview=1 Date 12/31/2008 Company Name MeetMoi Mailing Address 45 West 25th Street New York, NY 10010 Company Description meetMoi LLC developed the technology behind the meetMoi website and mobile dating service. Website http://www.meetmoi.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “MeetMoi Garners New Round”

MeetMoi Obtains $1,417,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d932df7-216f-40b9-ab4c-8575f0cece88&Preview=1 Date 9/30/2008 Company Name MeetMoi Mailing Address 45 West 25th Street New York, NY 10010 Company Description meetMoi LLC developed the technology behind the meetMoi website and mobile dating service. Website http://www.meetmoi.com Transaction Type Venture Equity Transaction Amount $1,417,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “MeetMoi Obtains $1,417,000 New Funding Round”

OpTier Receives $62,500,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd4b4e4d-1b3e-441f-bd30-50dd81580d77&Preview=1 Date 9/23/2008 Company Name OpTier Mailing Address 130 West 42nd Street New York, NY 10036 Company Description OpTier develops software that dynamically assures IT business service levels and optimizes resources for the enterprise. The leader in Transaction Workload Management, OpTier introduces a transactional context for IT service management. Website http://www.optier.com Transaction … Continue reading “OpTier Receives $62,500,000 Series D Round”

OLX Secures $13,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b439c6fd-b6ee-4312-b744-cf23b6512034&Preview=1 Date 6/30/2008 Company Name OLX Mailing Address 1 Half Noon Ln New York, NY 10018 Company Description OLX provides a simple solution to the complications involved in selling, buying, trading, discussing, organizing, and meeting people near you, wherever you may reside. Website http://www.olx.com Transaction Type Venture Equity Transaction Amount $13,500,000 Transaction … Continue reading “OLX Secures $13,500,000 New Funding”

Familybuilder Lands Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b98fa0b2-38a7-41ea-b365-c4e158f1e4b8&Preview=1 Date 2/22/2008 Company Name Familybuilder Mailing Address 41 East 60th Street New York, NY 10022 Company Description Familybuilder is a leading Facebook application developer which owns and operates Family Tree, the number 1 family application on Facebook. Family Tree helps families stay better connected by providing a service that facilitates communication … Continue reading “Familybuilder Lands Series A Financing Round”