Washington, DC-based Radius Networks, a provider of proximity and presence detection solutions, has closed $6.5 million in Series Seed C funding. The lead investors were Core Capital Partners, Contour Venture Partners and Trilogy Partners.Continue
Product engagement firm Pendo has received $1.025 million in seed funding. Core Capital Partners and Contour Venture Partners led the round with participation from other investors that included IDEAFund Partners and Brett Queener, president and COO of Smart Recruiters and former EVP of Salesforce.com.Continue
KnowledgeTree, a company that provides business-specific cloud-based document management, has secured a $4.75 round of funding from a collection of East Coast and international VCs, writes Venturebeat. Funding comes from River Cities Capital Funds, Core Capital Partners, Hatteras Funds and previous investor Hasso Plattner Ventures. Venturebeat – KnowledgeTree, a company that does business-specific cloud-based document […]Continue
US clean technology company Infinite Power Solutions has completed a $10 million Series D financing. Existing financial investors Generation Investment Management, D. E. Shaw Ventures, Polaris Venture Partners and Core Capital Partners co-led the financing, which also included participation by Applied Ventures, the venture capital arm of Applied Materials, In-Q-Tel and two additional strategic investors. […]Continue
MedVentive has closed a $12 million Series D round. Investors National Healthcare Services and CHV II L.P. were joined by existing investors including CHV Capital, Core Capital Partners, Excel Venture Management, HLM Venture Partners and Long River Ventures. National Healthcare Services is the investment arm of MemorialCare Health System in California. MedVentive is a provider of business and clinical intelligence and outreach applications designed to help reduce healthcare costs and improve the quality of patient care.Continue
QED Investors and Core Capital Partners have put $7.5 million into Valen Technologies, a provider of predictive analytics technology for the insurance industry. The money will help Valen with data consortium expansion, predictive analytics platform enhancements, channel development, sales and marketing.Continue
The Department of Energy plans another big year of guaranteeing loans for renewable energy projects. In the past 14 months, the DOE’s largest loan guarantee program (called Section 1705) awarded almost $26 billion to 23 renewable energy projects being run by companies such as BrightSource Energy and Abound Solar. The program has the financial assets […]Continue
Cisco will pay $95 million to acquire Raleigh, N.C.-based Inlet Technologies. Inlet, which is a provider of Adaptive Bit Rate digital media processing platforms, is backed by investors including Technology Venture Partners, Core Capital Partners, Telecommunications Development Fund, and the Capital Broadcasting Co.Continue
Jonathan Silver has been named executive director of the Department of Energy’s loan program. He had been a co-founding managing director of Core Capital Partners, before leaving in 2008.Continue
Venture-backed LimeLife has bought the assets of TapaTap Inc. in what apparently amounts to a shutdown of VC-backed TapaTap.
You can read the full story here, which has also posted Tuesday’s press release announcing the transaction by LimeLife. LimeLife is not hiring TapaTap’s seven employees, according to the news report.
San Mateo, Calif.-based TapaTap, which developed Web applications for its women-oriented mobile sites, had raised more than $2.5 million from Gabriel Venture Partners since 2007.
Menlo Park, Calif.-based LimeLife, which develops mobile phone games and lifestyle applications for women, has raised more than $26 million from U.S. Venture Partners, i-Hatch Ventures, Rustic Canyon Partners, Core Capital Partners and Monitor Venture Management, according to Thomson Reuters.Continue