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Batterii Closes $2.5m Seed Round

Posted on: February 11, 2013 by asormaniNo Comments »

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.

ChoreMonster Closes Seed Round

Posted on: January 9, 2013 by asormaniNo Comments »

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 Closes Seed Round

Posted on: June 21, 2012 by asormaniNo Comments »

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 [...]

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Ilesfay Technology Inks $615K

Posted on: April 3, 2012 by StaffNo Comments »

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 [...]

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AssureRx Health Seals Debt Financing

Posted on: January 31, 2012 by cnolanNo Comments »

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.

Choremonster Receives $200,000 from CincyTech

Posted on: January 30, 2012 by Luisa BeltranNo Comments »

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.

Zipscene Hires VP

Posted on: January 24, 2012 by asormaniNo Comments »

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 [...]

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Define My Style Nabs $699,000 in Seed Money

Posted on: December 2, 2011 by cnolanNo Comments »

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.

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Bioformix Seals $6M of Planned $8M Round

Posted on: September 13, 2011 by cnolanNo Comments »

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.

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CincyTech Backs Ilesfay with $350,000

Posted on: September 2, 2011 by cnolan1 Comment »

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.