Champaign, Ill.-based IntelliWheels Inc. has raised $500,000 to help it develop new technology for wheelchair users. Champaign-based Serra Ventures and San Francisco-based Crestlight Venture Productions provided funding, as did the National Collegiate Inventors and Innovators Alliance. PRESS RELEASE IntelliWheels, Inc., a startup that develops technology to improve mobility options for wheelchair users, has announced it […]
rSmart, a maker of open source education technology, has closed on $10.75 million in Series B financing from ASAHI Net, GSV Advisors and other undisclosed investors. The Scottsdale, Ariz., company will use the money for development and expansion efforts. PRESS RELEASE rSmart, provider of education technology solutions built on open source, community developed Sakai […]
Fisker Automotive is looking to raise a big round to support its operations--at least it has some boldface names already using its hybrid cars.
Travel planning startup Hopper has inked $12 million in new funding. OMERS Ventures led the round, which included participation from Brightspark Ventures and Atlas Venture. Derek Smyth of OMERS Ventures will join the Hopper board. PRESS RELEASE Today Hopper, the company bringing inspiration back to travel planning, announces a $12 million investment round led by […]
Enterprise storage company Pure Storage has closed a $40 million Series D round led by Index Ventures. Existing investors Greylock Partners, Redpoint Ventures and Sutter Hill Ventures also contributed, bringing the company’s total amount raised to $95 million. PRESS RELEASE Pure Storage, the all-flash enterprise storage array company, today announced that it has closed […]
Angie's List, Yelp, Facebook, Groupon, Zynga, Pandora--some of tech's hottest IPOs have disappointed investors deeply as of late, and it remains to be seen how it will impact the IPO market.
Target Data, a Chicago based marketing and analytics company, has closed on $1 million in venture debt financing from Bay Area firm Western Technology Investments, the startup announced Wednesday. The new debt financing comes on the heels of a $3 million round in 2011 led by Apex Venture Partners, the company said. PRESS RELEASE […]
SocialPandas has raised $1.5 million in seed funding led by True Ventures. Angel investors and the Alchemist Accelerator also participated in the round. SocialPandas, which is developing “social selling” applications, plans to launch its products in 2013. The company is based in San Francisco at Founders Den. PRESS RELEASE SocialPandas (www.socialpandas.com), a startup provider […]
Detroit-based Livio, a manufacturer and developer of connected car products and smartphone app connectivity technology, has closed on an undisclosed amount of Series C financing. Investors include Beringea, Western Technology Investment, Angel Street Capital, North Coast Technology Investors and Invest Detroit’s First Step Fund. PRESS RELEASE Livio, manufacturer and developer of connected car products […]
Education technology company EverFi has raised $10 million in Series B financing. Investors include Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, and Rethink Education. Also joining in this financing are existing investors New Enterprise Associates, Tomorrow Ventures, Allen and Company, and Blackboard CEO Michael Chasen. EverFi had previously raised $11 million in […]