RedPoint Global scores $5.2 mln

RedPoint Global, a data management and digital marketing solutions provider, has closed $5.2 million in funding. Grotech Ventures led the round with participation from Sagamore Ventures.


Healthcare Interactive garners $8 mln Series A

Healthcare Interactive said Wednesday that it has closed $8 million in Series A funding. Grotech Ventures and Harbert Venture Partners led the round. Rick Kohr of VCA Securities provided financial advice to HCI on the transaction. Also, Chuck Cullen of Grotech Ventures and Brian Carney of Harbert Venture Partners are joining HCI’s board of directors. Based in Glenwood, Maryland, HCI is a healthcare data firm.

Paladin and Grotech back White Ops

White Ops, a provider of online fraud detection solutions, said Tuesday that it has closed $7 million in funding. The investors were Paladin Capital Group and Grotech Ventures. In addition to the funding, Philip Eliot of Paladin and Steve Frederick of Grotech will join the White Ops’ board of directors.

VC-backed Invincea hires new COO

Invincea said Monday that it has named Norm Laudermilch as its chief operating officer. Previously, Laudermilch worked at Verizon’s Terremark Federal Group where he served as COO. Based in Fairfax, Virginia, Invincea is a provider of cyber security solutions. Its backers include Aeris Capital, Dell Ventures, Grotech Ventures, Harbert Ventures and New Atlantic Ventures.


Cloud Elements snags $3.1 mln Series A

Cloud Elements said Tuesday that it has closed $3.1 million in Series A funding. Grotech Ventures and Icon Venture Partners led the round with participation from Galvanize Ventures. Headquartered in Denver, Cloud Elements is a provider of cloud API integration and aggregation solutions.


Morningstar agrees to acquire VC-backed HelloWallet for $52.5 mln

Investment research provider Morningstar has agreed to buy HelloWallet for $52.5 million. Because Morningstar already has a minority stake in HelloWallet valued at $13.5 million, it will pay $39 million for the acquisition when it closes in the coming days. HelloWallet is a web and mobile application for employees. Its backers included Grotech Ventures and AOL founder Steve Case.


CommercialTribe grabs $3.2 mln Series A funds

Social sales learning platform CommercialTribe has raised $3.2 million in Series A funding. The investors were Grotech Ventures, Boulder Ventures, Access Venture Partners and Martha Tracey of Crawley Ventures.

VC-backed Intellinote hires two VPs

Intellinote said Wednesday that it has hired Mohan Kompella as vice president of product marketing and Ronen Vengosh as vice president of alliances and business development. Previously, Kompella worked at Softential where he served as vice president of strategy and technology while Vengosh was a vice president of marketing and business development at PureWave Networks. Headquartered in Washington, D.C., Intellinote is a cloud workspace. It is backed by Grotech Ventures and Boulder Ventures.

Icon leads funding round for GutCheck

On-demand market research provider GutCheck has raised a $4 million round of financing led by Icon Venture Partners and including existing investors. Details of the financing weren’t disclosed, but the funding was an up round. The Denver-based company has now raised $10 million in total funding, including a $4 million Series B round last year from Grotech Ventures, Crawley Ventures, Highway 12 Ventures and Village Ventures. As part of the recent deal, Jeff Hinck, general partner of Icon, has joined the board.

Zonoff Raises $3.8 Million Series A

Zonoff, a Malvern, Pa.-based startup whose software strives to act as the “brains” of the connected home, has raised a $3.8 million series A round from Valhalla Partners and Grotech Ventures.

Booker Raises $27.5M From Bain, Revolution, Grotech, Others

Booker, formerly GramercyOne, said it raised $27.5 million in Series B funding in a deal led by Bain Capital Ventures and joined by existing investors Revolution Ventures, Grotech Ventures, TDF Ventures, and Vital Financial. The company will use this money to scale its product and sales staffs.

Optoro Closes Series A Led by Grotech

Technology company Optoro has closed a Series A-1 round of $7.5 million in venture funding led by Grotech Ventures. Previous investors SJF Ventures and QED also participated in the round. This brings Optoro’s total funding since inception to nearly $10 million.

Plink Bolsters Executive Team

Plink, an online-to-offline loyalty program has apppointed Marc Marin as chief marketing officer. This summer Plink closed a $3 million Series A round of funding from Grotech Ventures.

Plink Raises $3 Mln Series A Round from Grotech Ventures

Plink has closed a $3 million Series A round of funding from Grotech Ventures. Plink provides a loyalty program that rewards members for dining and shopping at their favorite national restaurants and offline stores. The company in April raised $633,000 via an angel round led by Matomy Media Group. PRESS RELEASE DENVER, CO–(Marketwire – Aug […]

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