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Micro Interventional Devices Secures Part of Series B Led by Originate Ventures

Posted on: January 15, 2013 by asormaniNo Comments »

Micro Interventional Devices, an emerging cardiovascular medical device company, has secured $3.5 million of its expected $5 million Series B financing. The initial tranche was led by Originate Ventures with existing investor, Battelle Ventures also participating in the round. In conjunction with the financing Mike Gausling, managing partner of Originate Ventures, will join the MID board of directors.

Originate Ventures Promotes Matt Bieber

Posted on: January 6, 2010 by PEHub AdministratorNo Comments »

Originate Ventures has promoted Matt Bieber to principal. He joined the firm in May 2007 as a senior associate, after having worked at Bear Stearns.

ThermalTherapeutic Raises $2.75 Million

Posted on: October 1, 2009 by PEHub AdministratorNo Comments »

ThermalTherapeutic Systems Inc., a Pittsburgh-based provider of a portable platform technology for standardizing hyperthermic perfusion, has raised $2.75 million in Series A funding. Originate Ventures led the round, and was joined by seed backers Pittsburgh Life Sciences Greenhouse and Innovation Works.

RightsFlow Raises $1.5 Million

Posted on: August 27, 2009 by PEHub AdministratorNo Comments »

RightsFlow, a New York-based music-licensing and royalty payment technology platform, has raised $1.5 million in Series A funding from Originate Ventures.

South49 Solutions Raises Series A

Posted on: February 4, 2009 by PEHub Administrator1 Comment »

South49 Solutions, a Sterling, Va.-based provider of solutions for managing distributed workforces, has raised $1.2 million in Series A funding led by Originate Ventures. As part of the deal, convertible debt holders like CIT GAP Funds were converted to equity holders.

Nayatek Raises First Round

Posted on: December 18, 2008 by PEHub Administrator1 Comment »

Nayatek, a Newark, Del.-based provider of enterprise information management solutions, has raised an undisclosed amount of Series A funding led by Originate Ventures.