The Guild Inc., a Madison, Wis.-based online art retailer, has raised $2.5 million in Series C funding, according to a regulatory filing. Shareholders include Dolphin Equity Partners. www.guild.com
Health Plan One, a Shelton, Conn.-based online marketplace for health insurance, has raised $6.5 million in Series A funding. Pequot Ventures led the round, and was joined by Greycroft Partners. Individual investors included Kevin Hill, former CEO for United Healthcare Northeast; Chan Wheeler, former CEO of Uniprise; and Bill Sullivan, former president of Oxford Health […]
David Tierney has joined Thomas, McNerney & Partners as an entrepreneur-in-residence. He previously was president and CEO of Valera Pharmaceuticals Inc., which was acquired by Indevus Pharmaceuticals. PRESS RELEASE Thomas, McNerney & Partners, LLC, a health care venture capital firm that invests in life science and medical technology companies, today announced that David S. Tierney, […]
MediaBank, a Chicago-based provider of procurement and analytics to the advertising industry, has raised $30 million in second-round funding from New Enterprise Associates. It had raised $10.5 million from NEA last year. PRESS RELEASE MediaBank, a leading provider of integrated procurement technology and advanced analytics to the advertising industry, today announced it has completed a […]
Channel M, a Los Angeles-based out-of-home video advertising company, has raised an undisclosed amount of Series C funding from Intel Capital. PRESS RELEASE Channel M, a leading out-of-home video advertising company, today announced it has completed Series C financing from Intel Capital. Funding will be used to expand Channel M's digital content distribution network, as […]
LGT Capital Partners has agreed to acquire KGR Capital, a Hong Kong-based Asian fund-of-hedge funds with approximately $350 million in assets. No financial terms were disclosed. LGT is a Switzerland-based alternative asset manager. www.lgt-capital-partners.com
Travel Ad Network, a New York-based online ad network for the travel vertical, has raised $15 million in Series A funding. Backers include Rho Ventures, Village Ventures and individual angels. PRESS RELEASE Travel Ad Network (TAN), the leading and largest vertical ad network in travel, announced today that it has closed a Series A […]
VisEn Medical Inc., a Woburn, Mass.-based developer of fluorescence molecular imaging technology platforms, has raised $5 million in additional Series B funding. It had held a $7.5 million first close last fall. Return backers Merck Capital Ventures and Flagship Ventures co-led the expansion. Other Series B backers include Siemens AG Medical Solutions and Spinnaker Capital. […]
Obopay, a Redwood City, Calif.-based mobile payment software company, has raised $20 million in Series D funding. GigaOm first reported the news, including a tidbit about how the company's founders provided their contributions via the Obopay platform. No word yet on new investors. The company had previously raised around $44 million from Richmond Management, […]
Stromedix Inc., a Cambridge, Mass.-based biotech company focused on therapies for fibrosis, has raised $25 million in Series B funding. New Leaf Venture Partners led the round, and was joined by Bessemer Venture Partners, Red Abbey Venture Partners and Series A backers Atlas Venture and Frazier Healthcare Ventures. PRESS RELEASE Stromedix, Inc., a biotechnology […]