Tag Archives: Series C

Luminal changes name to Fugue, raises $20 million

The company consolidates its branding and closes its Series C financing led by NEA

FREDERICK, MD Jan 14, 2016 — Fugue (formerly Luminal), a Maryland-based startup developing an infrastructure-level operating system for cloud computing, announced it has closed a $20M Series C financing round, led by New Enterprise Associates (NEA). Previous investors, including Core Capital, also participated in the round. This brings the total amount of financing to $34M. The company also announced its name change to Fugue [few-g], which is the name of its cloud operating system. Continue reading

Infinite Power Solutions Raises $20 Million In Series C

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

MedVentive Completes Oversubscribed Series C Funding Totaling $10 Million

WALTHAM, MA (APRIL 09, 2010) – WALTHAM, MA – April 9, 2010 – MedVentive announced today the completion of its oversubscribed Series C fundraising.  The $10 million in capital is targeted to fuel the company’s next phase of product innovation, which will expand the ability of its technology to reduce costs to purchasers while improving the quality of care to patients.  In particular, MedVentive is uniquely capable of supporting health plans and providers in their move to the healthcare industry’s newest value‐based purchasing models – such as Accountable Care Organizations (ACO), global payments, and clinically integrated networks. Continue reading

Roundbox Secures Over $20 Million in Series C Financing

Florham Park, NJ (December 15, 2008) – Roundbox, Inc., the leader in mobile broadcast software, today announced it secured over $20 million in financing in a round that reflects an increase in shareholder value. Montagu Newhall Associates led the financing round with additional funding from existing investors Core Capital Partners, Polaris Venture Partners, and RRE Ventures. The round also closed with an investment from strategic investor ITOCHU Techno-Solutions Corporation (CTC), a leader in advanced IT solutions and outsource services based in Japan. Along with the equity investment, Silicon Valley Bank has provided venture debt financing. The company will use the funding to enhance and extend their position in the mobile broadcast market with key investments in the areas of product development and customer delivery. Continue reading