Angela Sormani
Augmenix has closed a $10.8 million Series D fundraising. Participants in this round of financing included a new investor, Excelestar Ventures. Existing investors CHV II, Catalyst Health Ventures and Sparta Group also participated. Augmenix is based in Waltham, MA and is focused on the development and commercialization of radiation oncology products using its proprietary hydrogel technology.
Scott Lemone has joined TriArtisan Capital Partners, the merchant banking arm of Morgan Joseph TriArtisan. Most recently, Lemone was head of the retailing group for SunTrust Robinson Humphrey. PRESS RELEASE Scott Lemone, a veteran investment banker with over 25 years’ experience raising capital for a broad roster of leading retailers, has joined TriArtisan Capital Partners […]
Mobile technology giant Qualcomm Incorporated has announced a commitment to invest up to $150 million in Chinese startup companies across all stages. Qualcomm will invest in Chinese companies that further the development of mobile technologies in areas such as Internet, e-commerce, semi-conductor, education and health.
GenNx360 Capital Partners has backed Tooling Technology Holdings. Tooling Tech is a manufacturer of tooling solutions and automation systems.
Avista Capital Partners has appointed Graham Whaling as an industry executive focused on energy investments. Whaling was recently CEO of Parkman Whaling, an oil and gas investment banking advisory firm that he co-founded in 2007.
Anonymous social networking app Anomo has secured a $800,000 convertible debt investment from a group of Seattle-based investors. The group of super angel investors includes Maveron, Orca Bay Capital, Lee Zehrer, founder of Kiss.com and Amit Mital, CTO of Symtantec.
The African Private Equity and Venture Capital Association has appointed Dr. Dorothy Kelso, as director, head of strategy and research. Kelso, a Ghanaian native, joins AVCA with 15 years of research, strategy and private equity experience gained at organisations including EY, Coller Capital, IE Consulting, the IMF and Incisive Media.
Growth equity firm Catalyst Investors has named Susan Bihler as vice president. Bihler is responsible for sourcing, evaluating and structuring new investment opportunities and managing the firm’s existing portfolio companies. She joined the firm as an analyst in 2009.
Huron Capital Partners is backing the refinancing of Bandit Industries. Jerry Morey will continue to run the business as president and CEO. Founded in 1983 and based just outside Mount Pleasant, Michigan, Bandit Industries is a designer and manufacturer of hand-fed and whole tree wood chippers, stump grinders, forestry mowers, Beast recycling machines and other specialty wood and waste processing equipment.
Monroe Capital has increased the credit facility to OSG Billing Services, an ESOP owned-business, to support the acquisition of SouthData. Based in Mount Airy, North Carolina, SDI is a full-service document management provider specializing in electronic and paper based billing.