SocialFlow said it raised a $10 million Series B round in a deal led by Fairhaven Capital and joined by existing investors SoftBank Capital, RRE Ventures, AOL Ventures and Betaworks. Also in the round were new investors kbs+ Ventures and Rand Capital Corporation. SocialFlow is developing social media marketing products.
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The NanoSteel® Company, a nano-structured steel materials design business, has appointed global automotive industry professional Bob Lutz to the company’s board of directors. NanoSteel is funded by EnerTech and Fairhaven Capital. PRESS RELEASE The NanoSteel® Company, a leader in nano-structured steel materials design, today announced the appointment of global automotive industry visionary Bob Lutz to [...]
TrackVia said it raised $7.1 million in a fundraising round led by Longworth Venture Partners and Fairhaven Capital, and joined by Access Venture Partners, Flywheel Ventures, Draper Associates and Allen & Company. The funds will go to expand sales, marketing and engineering operations at the applications development services company.
Lilliputian Systems, Inc. said it closed on $40 million of a planned $60 million equity round that was led by RUSNANO and joined by existing investors Intel Corporation, Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas Venture, and Fairhaven Capital. The company makes portable fuel cell re-charger for consumer electronics.
Waltham, Mass.-based CounterTack, a maker of in-progress cyber attack intelligence and response technology, has closed on $9.5 million in fresh capital. Fairhaven Capital led the Series A round. CounterTack was formerly known as NeuralIQ.
Softbank Capital and Fairhaven Capital led a $6 million first round for CrowdTwist, developer of a social loyalty and rewards platform. kbs+p Ventures, Bertelsmann Digital Media Investments and several individual investors also participated in the round, the company said Monday.
Fairhaven Capital has raised $250 million for its first fund since spinning out of TD Bank last year (it was previously named TD Capital Ventures). The Cambridge, Mass.-based venture capital firm had been targeting $200 million, with a $250 million capital. TD Bank is among the new fund’s limited partners.