Nantero has closed a Series D round of financing for over $10 million. The oversubscribed round was led by two new strategic corporate investors and also includes existing investors, including Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, Stata Venture Partners and Harris & Harris Group.
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Xamarin said it raised $12 million in a Series A financing from Charles River Ventures, Ignition Partners, and Floodgate. The development tools company will use the funds for product expansion and to build a sales and marketing team. PRESS RELEASE Xamarin Raises $12M to Help Businesses Address Mobile Developer Shortage Company’s platform already enables 150,000 [...]
CampusLIVE has re-launched as Dailybreak. Based in Boston, MA, the company has closed $5 million in funding led by GSV Capital Corp and is also backed by Highland Capital and Charles River Ventures. Dailybreak has also appointed John Federman as CEO. PRESS RELEASE With a string of major developments heralding its expansion beyond the college-aged [...]
Palo Alto start-up Freshplum has raised $1.4 million in seed funding. Investors include New Enterprise Associates, Greylock Partners, Google Ventures and Charles River Ventures, as well as a number of current and former executives from Facebook, Google and PayPal. Reuters – Palo Alto start-up Freshplum hopes to take the guesswork out of digital commerce by [...]
Magnetic, the search retargeting company, has taken on $10 million in a Series B round led by Edison Ventures. The New York-based company didn’t have any difficulty finding VCs, however: other backers for the round included IA Capital Partners, NYC Seed, NYC Investment Fund, Jonathan Kraft, Neu Venture Capital and Charles River Ventures. PRESS RELEASE: [...]
SessionM said it raised $20 million in Series B funding in a round led by Charles River Ventures and joined by current investors Highland Capital Partners and Kleiner Perkins Caufield & Byers. The company will use the money for new hires and continue expansion of its platform, technology and network footprint. PRESS RELEASE Mobile Engagement [...]
Venture capital-backed Kibits Corp. has launched its a micro-social networking app for iPhone and iPod touch. The company has raised $1 million from Google Ventures, Charles River Ventures, General Catalyst, Commonwealth Capital Ventures, SOSventures, Launch Capital, the CommonAngels Fund and undisclosed angels. Kibits is based in Cambridge, Mass. PRESS RELEASE Kibits Corp. today announced the [...]
Rive Technology, a provider of materials-based solutions for catalytic and separations processes for refining, chemicals, and biofuels, has appointed David C. Aldous as chief executive officer. Aldous brings over 30 years of experience in the refining, chemicals and catalyst industries, including over 20 years at Royal Dutch Shell where he was executive vice president of [...]
NXT Capital Venture Finance has provided a $3 million venture loan to Boston-based Open Mile, an online logistics provider backed by Charles River Ventures and Globespan Capital Partners. The money will be used to “finance key growth initiatives,” according to a release. NXT Capital Venture Finance, a months-old arm of the commercial finance company NXT Capital, [...]