mFoundry Inc., a Sausalito, Calif.-based mobile application publisher and platform provider, has raised an undisclosed amount of funding from Banc of America Strategic Investments. It had previously raised around $25 million from firms like Motorola Ventures, PayPal, NCR Corp., GRP Partners and Ignition Partners and Apax Partners. PRESS RELEASE mFoundry, the leading mobile financial […]
Putney Pasta, a Brattleboro, Vt.-based natural pasta maker, has raised $2.35 million in VC funding. The Sea Change Investment Fund led the round, and was joined by return backers CEI Community Ventures Fund and The CDVCA Central Fund. PRESS RELEASE The Sea Change Investment Fund, LLC, a venture capital fund focused on environmentally-preferable seafood, […]
Boomi, a Berwyn, Pa.-based provider of on-demand integration solutions, has raised $4 million in first-round funding led by FirstMark Capital. PRESS RELEASE Boomi, the market and technology leader for on-demand integration, today announced it has raised $4 million in its first institutional round of financing. The investment will be used to accelerate Boomi's go-to-market […]
ARKeX, a Cambridge, UK-based developer of geophysical imaging technology, has raised $30 million in third-round funding. Ferd Ventures led the round, and was joined by Energy Ventures, Scottish Equity Partners and company management. PRESS RELEASE ARKeX, a worldwide leader in geophysical imaging technology, has successfully raised $30 million (Gbp15.4 million) in a deal […]
Gemin X Pharmaceuticals Inc., an oncology drug developer with offices in both Malvern, Pa. and Montreal, has raised $38 million in Series C funding. Caxton Advantage Life Sciences Fund and Caxton Global co-led the tranched-out deal, and were joined by return backers Sanderling Ventures, H.I.G. Ventures, CDP/Vantage Point, ProQuest, Merlin BioMed Group, HBM Partners, […]
Ernst & Young has named firm veteran Bill Schlich as head of its global banking and capital markets practice. He succeeds James Fanning, who is retiring. PRESS RELEASE Bill Schlich, an international banking veteran of 20 years with specific experience in credit and liquidity matters, has been appointed Ernst & Young Global Banking & […]
CoLucid Pharmaceuticals Inc., a Durham, N.C.-based developer of therapies for CNS disorders, has raised $25 million in Series B funding. Care Capital led the round, and was joined by return backers Pappas Ventures, Domain Associates, Pearl Street Venture Funds and Triathlon Medical Ventures. It had previously raised $16.25 million. PRESS RELEASE CoLucid Pharmaceuticals, […]
Apprion, a Moffett Field, Calif.-based provider of application network systems designed for the process manufacturing industry, has raised around $4 million in new funding from Motorola Ventures. It had previously raised $19.5 million over two rounds from Anvil Investment Associates, CTTV Investments, Advanced Technology Ventures and Allegis Capital. PRESS RELEASE Motorola, Inc. (NYSE: […]
Agilance, a San Jose, Calif.-based provider of IT governance, risk and compliance solutions, has raised $10 million in Series B funding. Castile Ventures led the round, and was joined by return backers Walden International, Intel Capital and Red Rock Ventures. PRESS RELEASE Agiliance, the leading provider of IT governance, risk, and compliance (IT GRC) […]
Agito Networks Inc., a Sunnyvale, Calif.-based provider of enterprise mobility solutions, has raised $13 million in Series B funding. Castile Ventures led the round, and was joined by ITX International Holdings and return backer Battery Ventures. The company's debut product is a platform designed to mobilize “business voice and data applications using RF-based, location-aware technologies […]