162 Views

CircleBack inks $12 mln

Contact data solutions provider CircleBack Inc has raised $12 million in funding. TDF Ventures led the round with participation from previous backers Grotech Ventures, Syncom Venture Partners and CNF Investments. In conjunction with the funding, TDF’s Jim Pastoriza has been named to CircleBack’s board of directors.

VC-backed Invincea beefs up advisory board

Fairfax, Virginia-based Invincea Inc, a provider of advanced endpoint threat protection solutions, has expanded its advisory board with a number of new additions. They are Dr. Ed Amoroso, senior vice president and chief security officer of AT&T; Rand Beers, former acting secretary of the U.S. Department of Homeland Security and deputy assistant to the President for Homeland Security; and retired Lieutenant General Rhett Hernandez, former Commander of U.S. Army Cyber Command and current West Point cyber chair of Army Cyber Institute. Its backers included Aeris Capital, Dell Ventures, Grotech Ventures, Harbert Ventures and New Atlantic Ventures.

168 Views

Payzer raises $4.2 mln

Grotech Ventures and Route 66 Ventures led a $4.2 million Series A round for Payzer. Charlotte, North Carolina-based Payzer is a mobile and cloud based financial technology platform.

136 Views

Service commerce platform Booker nets $35 mln Series C

New York City-based Booker, a service commerce platform, has secured $35 million in Series C funding. Medina Capital led the round with participation from other investors that included First Data, Jump Capital, Signal Peak, Bain Capital Ventures, Revolution Ventures and Grotech Ventures.

134 Views

Dizzion snaps up $3.9 mln Series A

Grotech Ventures and Access Venture Partners have led a $3.9 million Series A funding round for Dizzion. Other investors included Point B Capital, Correlation Ventures and Service Provider Capital. Based in Denver, Dizzion is a provider of cloud computing solutions for desktops.

189 Views

Optoro nets $50 mln Series C in KPCB-led round

Optoro has raised $50 million in Series C funding in a round led by Kleiner Perkins Caufield & Byers. Other investors were Generation Investment ManagementRevolution Growth, Grotech Ventures and SWaN & Legend Venture Partners. In conjunction with the funding, Daniel Oros, a partner at KPCB, has been added to its board. Based in Washington, D.C. and Maryland, Optoro is a provider of solutions that lets retailers and manufacturers increase revenue from returned and excess inventory.

DB Networks rings up $17 mln

DB Networks, a San Diego-based cyber security provider, has raised $17 million in financing. Grotech Ventures led the round with participation from other investors that included Khosla Ventures and Citi Ventures. Concurrent with the funding, Joe Zell, general partner at Grotech Ventures, has been added to DB Networks’ board of directors.

133 Views

Zonoff fetches $31.8 mln Series B

Malvern, Penn.-based home software platform Zonoff has closed $31.8 million in Series B funding. The investors in this round included previous backers Grotech Ventures and Valhalla Partners.

406 Views

TaskEasy attracts $7 mln Series A

Salt Lake City-based TaskEasy, a provider of on-demand home exterior services, has raised $7 million in Series A funding. The investors were Grotech Ventures, Access Venture Partners and previous backer KickStart Seed Fund. In conjunction with the funding, Service Magic co-CEO and founder Michael Beaudoin has been appointed to TaskEasy’s board of directors.

120 Views

AnyPresence nabs $6 mln

Reston, Virginia-based cloud-based mobile platform provider AnyPresence said Tuesday that it has closed $6 million in funding. CNF Investments led the round with participation from Kinetic Ventures, Grotech Ventures and Citrix.

165 Views

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.

154 Views

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.

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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.

128 Views

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.

106 Views

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.

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