FREDERICK, MD—August 26, 2013—Lume Systems has closed $1.1 million in a seed round from Core Capital, Maryland Venture Fund, and others. The company remains in stealth status.
BALTIMORE, Jul. 23, 2013 — Social risk management company Riskive revealed on Tuesday that it closed US $2.2 million in seed capital funding from Genacast Ventures, Core Capital and other private investors.
Riskive’s cloud-based software is still in beta version and the money will be used for further development of the product. Through predictive analysis, the company said it can help protect companies and governments against high-profile cyber threats. Continue reading
New York, NY (January 24, 2013) – OLO, the fastest-growing digital commerce engine for restaurants, today announced a $5 million dollar Series B financing from PayPal and existing investors. The New York-based company is hiring as it aggressively scales operations for a breakout year in 2013.
OLO allows customers to order and pay from restaurant websites and mobile apps, so that they can Skip the Line® at the restaurant of their choosing. OLO transmits the prepaid order directly to the restaurant point-of-sale (POS) system. The company has recently seen a surge in mobile ordering from existing clients on its platform, with hundreds of restaurants receiving over 50% of digital orders through mobile. Continue reading
Azure Capital leads funding round for data center infrastructure testing and analytics provider
Santa Clara, CA – September 25, 2012 – SwiftTest Inc., a leading provider of testing and analytics solutions for the data center, today announced that it has secured $7.25 million in series B funding. The round was led by Azure Capital Partners with Kinetic Venture Partners. Also contributing to the round were existing investor Benhamou Global Ventures, as well as Miramar Venture Partners, Core Capital Partners and Columbus Nova. Continue reading
Raleigh, NC (July 9, 2012) – Raleigh, N.C.—July 9, 2012 — KnowledgeTree, a leading provider of cloud-based solutions that help companies “rule their documents,” today announced the closing of a $4.75 million Series B round of venture capital investment. This round includes River Cities Capital Funds, Core Capital Partners, Hatteras Funds, and lead Series A investor Hasso Plattner Ventures Africa. KnowledgeTree will use the new funds to capitalize on significant interest in the company’s social and enterprise-focused document management solutions. Continue reading
Waltham, MA (October 26, 2011) – MedVentive announced today the completion of a $12 million Series D investment, led by two new provider-based investors. National Healthcare Services (NHS) and CHV II, LP, both focused on transformative technology for the healthcare market, were joined by MedVentive’s existing investors, which include Clarian Health Ventures, Core Capital Partners, Excel Venture Management, HLM Venture Partners and Long River Ventures. Including Clarian Health Ventures, MedVentive now has the backing of three of the nation’s most prestigious hospital investors. Continue reading
Lisle, IL (January 25, 2011) — Univa, the data center optimization company, today announced it has secured $7M in new financing to accelerate the company’s market strategy.
Participating in the funding are new investors Core Capital Partners and Hatteras Funds as well as incumbent investors River Cities Capital Funds, ARCH Venture Partners, New World Ventures and Appian Ventures. Continue reading
Littleton, CO (August 17, 2010) – Infinite Power Solutions, Inc. (IPS) today announced that it has successfully completed its series C round of financing—raising $20 million. In response to growing customer demand, the new capital will be used to expand the company’s manufacturing capacity, accelerate the build out of its global sales channels and further support advanced research and development of its eco-friendly, THINERGY® solid-state rechargeable energy storage devices. Continue reading