Batterii, a Cincinnati-based enterprise SaaS innovation software platform, has closed a $2.5 million seed-stage funding round. CincyTech led the round with $500,000. Other investors include Batterii CEO Kevin C. Cummins, Los Angeles-based investor Ken Salkin, and undisclosed individuals.
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Web-based parent and child service and mobile app ChoreMonster has closed a $775,000 seed round and has come out of beta today with a public launch on iTunes. CincyTech led the seed round with $250,000 and angel investors followed up with an additional $450,000. ChoreMonster is based in Cincinnati.
eMerge Health Solutions has closed a seed round of funding of $850,000. Investors include CincyTech and private individuals. The company has a hands-free intra-operative documentation and workflow solution that allows physicians and nurses to document procedures in real time by utilizing keyword-driven voice commands. PRESS RELEASE eMerge Health Solutions today announced that it has closed [...]
CincyTech has led a seed round for Ilesfay Technology Group, investing $250,000. The round topped out at $615,000 and also included participation from individual investors including Douglas Groh, Steve Turnbull, the company said. Ilesfay, founded in 2009, is a provider of real-time, cloud-based synchronization software. PRESS RELEASE Ilesfay Technology Group LLC has closed an oversubscribed [...]
Mason, Ohio-based AssureRx Health Inc. has sealed $8 million in debt financing from Silicon Valley Bank. The funds will be used to provide working capital and finance new product launches, the company said in a written released. The credit line follows an $11 million Series B round, which closed last year. The company is backed by investors including Claremont Creek Ventures, Sequoia Capital, Cincinnati Children’s Hospital Medical Center, Mayo Clinic, CincyTech and Allos Ventures.
CincyTech has invested $200,000 in Choremonster. The investment is part of a $350,000 seed-stage funding round led by CincyTech with participation by private angel investors. CincyTech has also committed an additional $300,000. Choremonster is a Web-based service and mobile app that lets parents and children interact to complete chores.
Jonathan Richman has been hired as vice president, product marketing, for Cincinnati-based mobile development startup Zipscene. Zipscene was one of CincyTech’s first investments. CincyTech provides investment capital for high-growth potential startup companies in Southwest Ohio. PRESS RELEASE Jonathan Richman has been hired as Vice President, Product Marketing, for Cincinnati-based mobile development startup Zipscene. Richman will [...]
Define My Style, an online community that allows teenagers to design, share, advertise and purchase custom products, has closed a $690,000 seed-stage funding round. CincyTech led the round with a $250,000 investment. The Queen City Angels invested $100,000, Tech Coast Angels in Los Angeles invested $140,000, and the rest came from individual investors, the company announced Friday.
Bioformix, a Cincinnati, Ohio-based developer of sustainable adhesives and plastic alternatives, has raised $6 million of a proposed $8 million equity financing round, according to regulatory filings with the S.E.C. The company previously sealed about $1 million in VC funding from CincyTech and Queen City Angels.
CincyTech has put $350,000 into Cincinnati-based Ilesfay Technology Group, a maker of cloud-based data replication services for corporate product life-cycle management. The two-year-old company also announced that it had sealed a contract with Procter & Gamble. Ilesfay hopes to raise an additional $150,000 to close the round.