angela sormani
Code 42 Software, developers of onsite, offsite and online backup solutions for consumers and businesses has secured $52.5 million in venture funding. Led by Accel Partners with participation from Split Rock Partners, the funding will be used to accelerate product development. PRESS RELEASE Code 42 Software Inc., developers of award-winning onsite, offsite and online backup […]
Trigger, which offers a mobile development framework specifically targeted at web developers rather than existing mobile teams, has raised $1 million in seed round of funding. Funds have been raised through AngelList. Investors include Paul Graham, SV Angel, 500 Startups, Russ Siegelman, Steven Walske, RightVentures, Venture51 and John Taysom. PRESS RELEASE New service, Trigger, today […]
On The Spot Systems(R), a real-time mobile survey provider, has closed a round of seed investment funding for $750,000 shared by Kepha Partners, a Waltham venture capital firm, Angel Street Capital of Providence, and Mike Sheehan, a strategic investor. The funding will enable the company to expand its market presence in food service and address […]
PivotLink, a provider of retail performance management solutions has closed an additional $13 million in financing. The funding was led by existing investors Trident Capital, Emergence Capital Partners and Starvest Partners, firms that were early investors in Qualys, SuccessFactors and NetSuite. PRESS RELEASE PivotLink, the leading provider of retail performance management solutions delivered via Software […]
BlablaCar, a marketplace that connects any driver who has empty seats with paying passengers, has received $10 million from Accel Partners and existing investors ISAI and Cabiedes & Partners. The funds will be used to accelerate the growth of BlablaCar’s European businesses BlablaCar.com in the UK, Covoiturage.fr in France, and Comuto.es in Spain. PRESS RELEASE […]
CrystalGenomics, a clinical stage biopharmaceutical company headquartered in Korea, has raised KRW 3 billion (US$ 2.6 million) in a private placement to the Korea Seoul Life Science Fund. This is the third time in the past month that CrystalGenomics has raised capital following a KRW 10 billion bond issuance to KDB Capital, a major financial […]
Affine, a provider of contextual online video targeting, has closed a $5 million round of funding led by Crosslink and existing investor Highland Capital Partners. Also, Michael Mathieu, will be joining the company as CEO and chairman and Andy Miller, general partner at Highland, former CEO of Quattro Wireless, and Apple executive in charge of […]
Clarimedix, a privately held company focused on the development of non-invasive therapeutics for the treatment of disorders associated with vascular dysfunction, has secured financing from the Johnson & Johnson Corporate Office of Science and Technology (COSAT). Financial terms of the deal are not disclosed. PRESS RELEASE Clarimedix, Inc., a privately held company focused on the […]
Robocom Systems International has acquired transportation management software system developer, Accord Software, based in Concord, Ontario. Terms were not disclosed. Software and technology merger and acquisition specialist Tequity advised on the transaction. PRESS RELEASE Software and technology merger and acquisition specialist Tequity, Inc., today announced the acquisition of transportation management software system developer, Accord Software, […]
Internet service and e-commerce companies Rakuten has acquired global eReading business Kobo for US $315 million. Kobo’s management team will remain with the company, which will continue to be headquartered in Toronto. Rakuten is headquarterd in Tokyo. PRESS RELEASE Global eReading leader Kobo Inc. (“Kobo”) today announced the successful acquisition of all its outstanding shares […]