Online payment network Dwolla has pulled in $16.5 million in a third funding round led by venture capital firm Andreessen Horowitz, according to VentureBeat. Previous investors Village Ventures, Thrive Capital, and Union Square Ventures also contributed. Dwolla raised its $5 million Series B round in February 2012.
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Technology platform On Deck has announced that its founder and former chief executive officer Mitch Jacobs has been named co-chairman of the One in Three Leadership Council, a non-profit initiative of the Association for Enterprise Opportunity. The council’s goal is to create new jobs by reaching 1 million microbusinesses throughout the US. On Deck is [...]
Travora Media, a travel media information company has acquired The Nile Project, a San Francisco-based company with a portfolio of three websites: NileGuide, 10Best, and Localyte and mobile apps focused on providing local expertise to travelers. Terms of the acquisition were not disclosed. Headquartered in New York City, Travora has received funding from Rho Ventures, [...]
Week’s Top Posts Focus on Commitments by Wisconsin and Jersey, Most Active U.S. Buyout Shops in Europe and “Job of the Week”
Here are the top 10 most popular posts among our regular readers from Feb. 13 to Feb. 17, led by the year’s biggest VC fundraisers to date.
PerfectServe, the Tennessee-based clinical communication services platform, has added Todd Cozzens to its board of directors. The company is backed by River Cities Capital Funds, PJC Capital, National Healthcare Services, Village Ventures and Spring Mill Village Partners. PRESS RELEASE: PerfectServe, the leading platform for intelligent clinical communication services, today announced that Todd Cozzens has been [...]
BlueTarp Financial, the financial services firm dedicated to building materials professionals, has named Scott Simpson its new CEO. BlueTarp is based in North Carolina with operations in Maine. The startup is backed by Flybridge Capital Partners, Highland Capital Partners, Trinity Ventures and Village Ventures.
Village Ventures and Contour Venture Partners lead a $2 million seed round in Zipmark, it was announced early Tuesday. NYC Seed, High Peaks Venture Capital and the New York City Investment fund also joined in on the transaction. Zipmark is a New York-based mobile and online payments company.
TechMediaNetwork Inc., a media company focused on news and reviews about technology and science issues, has raised $33 million in Series B financing. Investors include ABS Capital Partners, Village Ventures and Highway 12 Ventures. The money will go toward potential acquisitions and expansion efforts. As a result of the financing, ABS Capital General Partner Ralph Terkowitz and Principal Paul Mariani will join the company’s board.
Five-year-old On Deck Capital, which aggregates financial data to gauge the health of a small business — it also offers underwriting and other cash management functions –has added two new features to its offerings: $150,000 loans, and 18-month-long terms. Formerly the maximum loan size it offered was $100,000, and the longest terms it offered were [...]
New York-based On Deck, a four-year-old technology platform and lender that faciliates loans to small business owners, has raised a $15 million Series C financing led by SAP Ventures. The company hasn’t disclosed whether there were other participants in the round, though On Deck has previously raised money from Contour Venture Partners, First Round Capital, Khosla Ventures, RRE [...]