Axial Exchange Receives $4,999,907 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a51a7540-c513-4db2-98b9-2417ae394e49 Date 7/26/2013 Company Name Axial Exchange Mailing Address 510 Glenwood Avenue Raleigh, NC 27608 USA Company Description The company has created a healthcare communications platform and clinical dashboard. Website http://www.axialexchange.com Transaction Type Venture Equity Transaction Amount $4,999,907 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. Not … Continue reading “Axial Exchange Receives $4,999,907 New Round”

6fusion Secures $750,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a17c4229-2490-44d5-a3b4-a8fb5a0241a5 Date 7/26/2013 Company Name 6fusion Mailing Address 1730 Varsity Dr. Raleigh, NC 27606 USA Company Description 6fusion is an innovative young company that has emerged from this new era of utility computing with a refreshing vision for the future, a cutting edge technology and a unique commercial business model. 6fusion’s founders … Continue reading “6fusion Secures $750,000 New Round”

ArchiveSocial Receives $25,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69f9e12c-b343-432c-b601-e1e2faab8416 Date 7/25/2013 Company Name ArchiveSocial Mailing Address 201 W. Main St Durham, NC 27701 USA Company Description Social media provides an incredibly powerful platform for businesses to reach and engage a wide audience – often in a very public and dynamic fashion. Our mission is to help organizations comfortably embrace social … Continue reading “ArchiveSocial Receives $25,000 Seed Funding Round”

CoLucid Pharmaceuticals Garners $4,750,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da39a8d6-8685-439f-b3a2-3155d1169880 Date 7/12/2013 Company Name CoLucid Pharmaceuticals Mailing Address P.O. Box 14401 Durham, NC 27709 USA Company Description CoLucid Pharmaceuticals is an innovative biotechnology company focusing on therapies for central nervous system (CNS) disorders. CoLucid is leading a paradigm shift in migraine therapy with the clinical development of a first-in-class Neurally Acting … Continue reading “CoLucid Pharmaceuticals Garners $4,750,000 New Financing Round”

NIH Award Will Help Phrixus Pharmaceuticals Advance to Clinical Trials

University of Michigan spinoff Phrixus Pharmaceuticals has won an award from the National Institutes of Health (NIH) that will help the company advance to clinical trials for Carmeseal-MD, its developmental drug to treat cardiac and respiratory problems in patients with Duchenne muscular dystrophy. Thomas Collet, Phrixus’ president and CEO, says the company will receive approximately $2.5 … Continue reading “NIH Award Will Help Phrixus Pharmaceuticals Advance to Clinical Trials”

GeneCentric Secures $2,500,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b934fba5-4820-488e-95ca-8fb132625f1d Date 7/5/2013 Company Name GeneCentric Mailing Address 280 S. Mangum Street Durham, NC 27701 USA Company Description The mission of GeneCentric Diagnostics is to develop and commercialize novel molecular diagnostic assays that enable oncologists and their patients make more informed, individualized treatment decisions. Website http://www.genecentric.com Transaction Type Venture Equity Transaction Amount … Continue reading “GeneCentric Secures $2,500,000 Series A Round”

Parent Media Group Secures $2,385,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0cbe5cf-42a0-46b9-84bb-230e15a6a150 Date 6/30/2013 Company Name Parent Media Group Mailing Address 3020-I Prosperity Church Road Charlotte, NC 28269 USA Company Description To celebrate today’s family through interactive content and communities where moms can shop, share and be entertained. Website http://www.parentmediainc.com Transaction Type Venture Equity Transaction Amount $2,385,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Parent Media Group Secures $2,385,000 New Round”

Spreedly Secures $301,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d179cdc-cc0b-4d66-ae6a-a1d78bc90dcc Date 6/30/2013 Company Name Spreedly Mailing Address 116 West Main Street Durham, NC 27701 USA Company Description Formed in 2008 Spreedly was a simple, elegant subscription management service. Built by developers for developers, we placed an emphasis on solving difficult business challenges around online recurring payments. Over time we realized the … Continue reading “Spreedly Secures $301,000 New Funding Round”

InMotionNow Secures $500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93b5ee23-67fb-45ea-9087-c736b9a290f6 Date 6/30/2013 Company Name InMotionNow Mailing Address 991 Aviation Parkway Morrisville, NC 27560 USA Company Description With inMotion, you have an all-in-one solution to manage creative briefs, track projects, and proof content online. Your complex processes are simplified and automated – letting you take control of your workflow and get creative … Continue reading “InMotionNow Secures $500,000 New Funding”

Interact911 Lands $5,207,493 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88505079-791c-4d98-a4dc-e778664fa5c1 Date 6/19/2013 Company Name Interact911 Mailing Address 102 W 3rd St. Winston-Salem, NC 27101 USA Company Description InterAct Public Safety Systems, a leading provider of safety and security software used by government agencies as well as private sector businesses, today announced the completion of its acquisition of BIO-key International’s Law Enforcement … Continue reading “Interact911 Lands $5,207,493 New Financing”

Centice Receives New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d15bf8ef-bf5a-4671-902c-f20792d6ad74 Date 6/18/2013 Company Name Centice Mailing Address 215 Southport Drive Morrisville, NC 27560 USA Company Description Centice designs and manufactures molecular spectroscopy optical sensors that are used by our partners in general purpose and application-specific products. Website http://www.centice.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Centice Receives New Round”

Viamet Pharmaceuticals Garners $7,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2df893f-7f81-44c6-a50f-b60c343be838 Date 6/17/2013 Company Name Viamet Pharmaceuticals Mailing Address 4505 Emperor Blvd. Durham, NC 27703 USA Company Description Viamet Pharmaceuticals discovers and develops best-in-class inhibitors of validated metalloenzymes via an innovative and proprietary metal-binding approach, our Metallophile Technology. Website http://www.viamet.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series C Proceeds … Continue reading “Viamet Pharmaceuticals Garners $7,000,000 Series C Round”

NeuroTronik Obtains $13,100,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4dd274f9-51a0-487e-a110-5a69b87afa07 Date 6/14/2013 Company Name NeuroTronik Mailing Address 1414 Raleigh Rd. Chapel Hill, NC 27517 USA Company Description The company’s Nuuromodulation System aims to shorten hospital stays and reduce the need of patients to return to the hospital a few weeks later. Website Undisclosed Transaction Type Venture Equity Transaction Amount $13,100,000 Transaction … Continue reading “NeuroTronik Obtains $13,100,000 New Financing”

Lolly Wolly Doodle Garners New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8284f4ac-d0c1-4c4e-8cac-e45427893eec Date 6/14/2013 Company Name Lolly Wolly Doodle Mailing Address 1120 Piedmont Drive Lexington, NC 27295 USA Company Description Lolly Wolly Doodle is a social shopping innovator and leader in personalized children’s apparel and accessories. Website http://www.lollywollydoodle.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Revolution Growth’s investment … Continue reading “Lolly Wolly Doodle Garners New Funding”

Using Frugal Business Model, Orphagen Targets Orphan Receptors

The decline of venture capital investments in life sciences startups has provoked a lot of angst in the U.S., with many experts predicting a shortage of new drugs for the pharmaceutical product pipeline. Life sciences startups typically require hundreds of millions of dollars before they can show that an experimental drug might work in clinical … Continue reading “Using Frugal Business Model, Orphagen Targets Orphan Receptors”

Overture Networks Receives $10,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92f4baac-1158-4846-bbc1-e476c4a53b4c Date 6/4/2013 Company Name Overture Networks Mailing Address 637 Davis Drive Morrisville, NC 27560 USA Company Description Overture Networks has assembled a veteran team with extensive experience delivering edge solutions to carriers—experience rooted in IP, Ethernet, and TDM technologies and the specific problems metro carriers face in a hybrid TDM/packet world. … Continue reading “Overture Networks Receives $10,000,000 New Round”

Overture Networks Lands $8,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1cd5299-7fc4-4a5d-90de-333f49d5e96b Date 5/24/2013 Company Name Overture Networks Mailing Address 637 Davis Drive Morrisville, NC 27560 USA Company Description Overture Networks has assembled a veteran team with extensive experience delivering edge solutions to carriers—experience rooted in IP, Ethernet, and TDM technologies and the specific problems metro carriers face in a hybrid TDM/packet world. … Continue reading “Overture Networks Lands $8,000,000 New Funding”

ChannelAdvisor Secures $81,200,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0242c706-1e78-43de-8f98-6b5ec4dd10fd Date 5/23/2013 Company Name ChannelAdvisor Mailing Address 2701 Aerial Center Parkway Morrisville, NC 27560 USA Company Description ChannelAdvisor (NYSE: ECOM) has set the global standard for e-commerce optimization by providing best-in-class technology, strategic services and thought leadership to help retailers master the complexity of connecting with consumers online. Website http://www.channeladvisor.com Transaction … Continue reading “ChannelAdvisor Secures $81,200,000 New Funding”

Advanced Liquid Logic Garners New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47ae5ad3-90a2-4c29-ad37-8cdee1879a6f Date 5/23/2013 Company Name Advanced Liquid Logic Mailing Address 615 Davis Dr Morrisville, NC 27560 USA Company Description Digital Microfluidics is a revolutionary approach to liquid handling. There are no pipes, pumps or valves. Instead, discrete droplets are manipulated electrically – using electrodes to independently control each droplet. Digital microfluidics enables … Continue reading “Advanced Liquid Logic Garners New Financing Round”

WedPics Lands $1,100,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a0ed1ae-7bb8-4553-be77-d5f2d27fcda4 Date 5/22/2013 Company Name WedPics Mailing Address Undisclosed Raleigh-Durham, NC 27634 USA Company Description WedPics is a fun and easy way to capture and share all of your guests’ photos in a single interactive album. Website http://www.wedpics.com Transaction Type Venture Equity Transaction Amount $1,100,000 Transaction Round Undisclosed Proceeds Purposes The funding … Continue reading “WedPics Lands $1,100,000 New Round”

EMC Acquires Adaptivity for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb3c8a26-aa8d-4418-b7d0-eaeec58fe3e1 Date 5/21/2013 Company Name Adaptivity Mailing Address 309 E. Morehead St. Charlotte, NC 28202 USA Company Description Adaptivity helps enterprise IT customers transform the infrastructure environments by providing an intelligent decision support platform utilizing enterprises and vendors expert knowledge for designing, deploying and operating IT systems. Website http://www.adaptivity.com Transaction Type M&A … Continue reading “EMC Acquires Adaptivity for Undisclosed Sum”

Axial Exchange Receives $1,037,500 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9c4befa-4522-4ce8-a55c-21d95911be22 Date 5/16/2013 Company Name Axial Exchange Mailing Address 510 Glenwood Avenue Raleigh, NC 27608 USA Company Description The company has created a healthcare communications platform and clinical dashboard. Website http://www.axialexchange.com Transaction Type Debt Transaction Amount $1,037,500 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “Axial Exchange Receives $1,037,500 New Round”

Zift Solutions Receives $1,499,999 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6fc56c96-fbd2-4290-8019-a0c581ab77e1 Date 5/7/2013 Company Name Zift Solutions Mailing Address 4815 Emperor Blvd Durham, NC 27703 USA Company Description Zift Solutions provides a marketing distribution platform that extends the reach of your marketing campaigns through your channel. Website http://www.ziftsolutions.com Transaction Type Venture Equity Transaction Amount $1,499,999 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Zift Solutions Receives $1,499,999 New Funding”

Scioderm Garners $16,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f27232f-05a6-4fe9-a4d8-0faf57e027b3 Date 4/27/2013 Company Name Scioderm Mailing Address 9650 Strickland Road Raleigh, NC 27615 USA Company Description The core business focus of Scioderm is the development of innovative dermatological drugs. Our strategy is to in-license or acquire early to mid-stage pharmaceutical products with the intent to develop the topical products. Website http://www.sderm.com … Continue reading “Scioderm Garners $16,000,000 Series A Funding”

Sqord Secures $118,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cfb8560f-b13f-42b2-9d4e-f9ccd98615ca Date 4/25/2013 Company Name Sqord Mailing Address 406 Blackwell St Durham, NC 27701 USA Company Description Sqord is making healthy, active play more fun for kids. With Sqord, you can score points, win competitions, earn medals, and get other online rewards with your friends simply by doing what you do. You … Continue reading “Sqord Secures $118,000 Seed Round”

PureLux Garners $300,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd41d8a7-620a-49f0-9dd7-0a01b3fca142 Date 4/18/2013 Company Name PureLux Mailing Address 5960 Fairview Road Charlotte, NC 28210 USA Company Description PureLux has developed advanced lighting technologies that deliver exceptional brightness and efficiency through the use of nano materials in thin film devices. Our technologies provide a unique combination of performance and form factor that will … Continue reading “PureLux Garners $300,000 New Financing”

Appia Garners $5,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=64f43283-db85-417e-9daf-0c266f7eafa2 Date 4/17/2013 Company Name Appia Mailing Address 320 Blackwell Street 3rd Floor Durham, NC 27701 USA Company Description Appia is the world’s largest cross platform, open app store and content marketplace with a catalog of more than 140,000 paid and free titles available for discovery and download. Website http://www.appia.com Transaction Type … Continue reading “Appia Garners $5,000,000 New Funding”

AgBiome Obtains $14,500,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de3e8736-35f5-4a8a-b77c-c8672203b9cc Date 4/12/2013 Company Name AgBiome Mailing Address 104 T W Alexander Drive Building 18 Research Triangle Park, NC 27709 USA Company Description AgBiome provides industry-leading discovery and early research for agriculture. Website http://www.agbiome.com Transaction Type Venture Equity Transaction Amount $14,500,000 Transaction Round Series A Proceeds Purposes The financing will further advance … Continue reading “AgBiome Obtains $14,500,000 Series A Funding”

Advanced Animal Diagnostics Garners $6,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22b01900-ab67-48a3-842e-e7af1659ad4f Date 4/11/2013 Company Name Advanced Animal Diagnostics Mailing Address 635 Davis Drive Morrisville, NC 27560 USA Company Description Advanced Animal Diagnostics (AAD) is an innovative company designed to enhance the profitability of livestock production and ensure a safe, abundant supply of animal protein by developing highly accurate, rapid diagnostics to detect … Continue reading “Advanced Animal Diagnostics Garners $6,000,000 Series B Financing Round”

Heat Biologics Secures $5,050,050 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b6e1b6c-4383-45bf-b8b3-352742e81e4d Date 4/10/2013 Company Name Heat Biologics Mailing Address 100 Europa Drive Chapel Hill, NC 27517 USA Company Description Heat Biologics (Heat) is a clinical-stage company focused on the development and commercialization of its HS-System, a platform technology that offers a novel approach to treating cancer and other diseases by using live, … Continue reading “Heat Biologics Secures $5,050,050 New Round”

Semprius Lands $2,141,005 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd29d362-d513-4ad0-9290-a4f3f3ecf6d1 Date 4/5/2013 Company Name Semprius Mailing Address 4915 Prospectus Drive Durham, NC 27713 USA Company Description Semprius, Inc. is commercializing a newly invented process for printing high performance single crystal semiconductors on any substrate, including glass, plastic and other semiconductor materials. Website http://www.semprius.com Transaction Type Debt Transaction Amount $2,141,005 Transaction Round … Continue reading “Semprius Lands $2,141,005 New Funding”

Aerial BioPharma Secures $4,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c7903a3-079e-46fe-8505-6eb028c5cdfe Date 3/31/2013 Company Name Aerial BioPharma Mailing Address 9001 Aerial Center Parkway Morrisville, NC 27560 USA Company Description Aerial BioPharma is a different kind of drug development company. We believe drug development, at its core, is an entrepreneurial pursuit best suited for creative, flexible organizations that can operate under risky and … Continue reading “Aerial BioPharma Secures $4,000,000 New Funding”

Sarda Technologies Obtains $1,252,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6ace4b8e-220a-4b44-a72b-c0fd23cbdf3e Date 3/31/2013 Company Name Sarda Technologies Mailing Address 4915 Prospectus Drive Durham, NC 27713 USA Company Description Sarda Technologies, Inc. is a fabless power semiconductor company. Sarda’s products are used in dc-dc voltage converters for portable, enterprise and consumer systems. Sarda’s highly efficient power semiconductors reduce power loss, increase system performance … Continue reading “Sarda Technologies Obtains $1,252,000 New Financing”

nContact Surgical Obtains $6,736,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0dd95f1-5b8d-4ab3-b533-cb687eb45b61 Date 3/31/2013 Company Name nContact Surgical Mailing Address 1001 Aviation Pkwy. Morrisville, NC 27560 USA Company Description nContact is a medical device company founded in 2005 with a mission to develop devices for the endoscopic treatment of arrhythmias, including atrial fibrillation (AF). Website http://www.ncontactsurgical.com Transaction Type Venture Equity Transaction Amount $6,736,000 … Continue reading “nContact Surgical Obtains $6,736,000 New Financing”

Oracle Acquires Tekelec for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=574ce57e-7f7d-4498-b477-d6ac7f95885e Date 3/25/2013 Company Name Tekelec Mailing Address 5200 Paramount Pkwy. Morrisville, NC 27560 USA Company Description Tekelec engages in the design, development, manufacture, marketing, sale, and support of telecommunications products and services. Website http://www.tekelec.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction … Continue reading “Oracle Acquires Tekelec for Undisclosed Sum”

FilterEasy Lands $20,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4921db7-29e3-418f-bb46-84571e47fa4c Date 3/21/2013 Company Name FilterEasy Mailing Address Undisclosed Raleigh, NC 27511 USA Company Description FilterEasy offers all home air filters at an affordable price. Filters are mailed directly to your door when it is time for them to be replaced. Website http://www.filtereasy.com Transaction Type Accelerator Transaction Amount $20,000 Transaction Round Seed … Continue reading “FilterEasy Lands $20,000 Seed Financing”

Centice Garners $9,830,119 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9a3c87c-224b-4f79-bd92-547ce775cd57 Date 3/15/2013 Company Name Centice Mailing Address 215 Southport Drive Morrisville, NC 27560 USA Company Description Centice designs and manufactures molecular spectroscopy optical sensors that are used by our partners in general purpose and application-specific products. Website http://www.centice.com Transaction Type Venture Equity Transaction Amount $9,830,119 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Centice Garners $9,830,119 New Round”

TabSprint Obtains Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cee4c366-4e8b-4682-b8d7-0295a0e76b55 Date 3/12/2013 Company Name TabSprint Mailing Address 334 Blackwell St. Durham, NC 27701 USA Company Description The company is a mobile application, which streamlines the payment process at bars, clubs, and restaurants. TabSprint dramatically reduces the overhead of financial transactions by eliminating time traditionally wasted opening and closing tabs at Point … Continue reading “TabSprint Obtains Seed Financing Round”

BringMeThat Garners Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f481934a-aba8-4c34-9e2e-3ccfa618fe54 Date 3/12/2013 Company Name BringMeThat Mailing Address 334 Blackwell St Durham, NC 27701 USA Company Description The company allows users to quickly and easily order food delivery from restaurants online and have it immediately delivered to their door. We provide a comprehensive list of restaurants that delivers to any particular address … Continue reading “BringMeThat Garners Seed Funding Round”

Taggs Receives Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e1a2041-721d-4f3e-bf79-61e835de19f9 Date 3/12/2013 Company Name Taggs Mailing Address 334 Blackwell St Durham, NC 27701 USA Company Description Gain insight intoyour Social Images. Discover how your social media images engage audiences and amplify brand across all social media channels. Website http://www.taggs.co Transaction Type Accelerator Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes The … Continue reading “Taggs Receives Seed Funding Round”

VacationFutures Receives Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=89c49583-2d01-4ba0-a9a7-827db7d40793 Date 3/12/2013 Company Name VacationFutures Mailing Address 334 Blackwell St. Durham, NC 27701 USA Company Description The company is the wholesale rental marketplace allowing homeowners, property managers, and real estate investors to buy and sell future rental rights. Website http://www.vacationfutures.com Transaction Type Accelerator Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes … Continue reading “VacationFutures Receives Seed Financing”

Noddix Obtains Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4da659b9-a752-4f04-a205-a8d598803d34 Date 3/12/2013 Company Name Noddix Mailing Address 334 Blackwell St Durham, NC 27701 USA Company Description The company provides performance and privacy driven modern web and mobile apps. It was founded with the simple idea that applications should be built with a minimal and modular approach. The team consists of open … Continue reading “Noddix Obtains Seed Round”

Someone Needs to Rank U.S. Biotech Hubs, For Real

[Updated: 11:40 am PT] It’s time for a challenge: Will somebody please come out with a deeply researched and credible report that ranks U.S. regional biotech clusters, on the criteria that matter the most? I’m feeling compelled to issue this challenge after going over the latest deeply flawed report on this subject, from real estate … Continue reading “Someone Needs to Rank U.S. Biotech Hubs, For Real”

Novan Therapeutics Lands $5,830,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aaae94ea-eef2-48c3-bc36-4a004f5f6a0f Date 3/1/2013 Company Name Novan Therapeutics Mailing Address 4222 Emperor Boulevard Durham, NC 27703 USA Company Description Novan uses a licensed nitric oxide technology, developed at the lab of Schoenfisch, to give medical devices an antimicrobial coating, helping to fight bacteria. Website http://www.novantherapeutics.com Transaction Type Venture Equity Transaction Amount $5,830,000 Transaction … Continue reading “Novan Therapeutics Lands $5,830,000 New Funding Round”

TearScience Lands $70,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab7e40b5-18fb-445a-bf56-3db3ee8586c6 Date 2/26/2013 Company Name TearScience Mailing Address 5151 McCrimmon Parkway Morrisville, NC 27560 USA Company Description TearScience has pioneered diagnostic and treatment devices for evaporative dry eye, providing significant clinical improvement. Website http://www.tearscience.com Transaction Type Venture Equity Transaction Amount $70,000,000 Transaction Round Undisclosed Proceeds Purposes HealthCare Royalty Partners’ funding and partnership … Continue reading “TearScience Lands $70,000,000 New Financing Round”

ParinGenix Secures $700,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0712863f-6ed5-47d3-9e85-89bdc688bedb Date 2/20/2013 Company Name ParinGenix Mailing Address 11540 N Community House Rd. Charlotte, NC 28277 USA Company Description Operates a virtual company focusing early stage drug development. Website http://www.paringenix.com Transaction Type Debt Transaction Amount $700,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture … Continue reading “ParinGenix Secures $700,000 New Funding Round”

LipoScience Obtains $45,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7efac904-eeb4-420f-9e59-405de2ae6bb4 Date 1/25/2013 Company Name LipoScience Mailing Address 2500 Sumner Boulevard Raleigh, NC 27616 USA Company Description LipoScience (NASDAQ: LPDX), which has about 150 employees, is a diagnostic testing and analytical company that is developing medical applications of nuclear magnetic resonance spectroscopy. LipoScience uses the applications to try to identify patients at … Continue reading “LipoScience Obtains $45,000,000 New Funding Round”

Centice Lands $500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3a9129b-7ac8-4e95-ac8e-37c1766a310d Date 1/22/2013 Company Name Centice Mailing Address 215 Southport Drive Morrisville, NC 27560 USA Company Description Centice designs and manufactures molecular spectroscopy optical sensors that are used by our partners in general purpose and application-specific products. Website http://www.centice.com Transaction Type Debt Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Centice Lands $500,000 New Financing Round”

Keona Health Garners $24,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9110e9ea-8eea-4d17-9d27-565f8e2f93d9 Date 1/14/2013 Company Name Keona Health Mailing Address 510 Meadowmont Village Circle Chapel Hill, NC 27517 USA Company Description We believe relationships matter. Keona Health is committed to give patients trusted advice from their trusted medical advisor, anytime, anywhere. Where others are committed to commoditizing healthcare, our philosophy sets us apart. … Continue reading “Keona Health Garners $24,000 Seed Financing”

iMedicare Garners $24,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=841b280f-8b92-49e8-b923-e918bc96cb69 Date 1/14/2013 Company Name iMedicare Mailing Address 222 S. Church St Charlotte, NC 28202 USA Company Description Empowering pharmacies with actionable results. Website http://www.imedicareapp.com Transaction Type Accelerator Transaction Amount $24,000 Transaction Round Seed Proceeds Purposes The company will use the proceeds to accelerate its initial development. M&A Terms Venture Investor