Safeguard Scientifics leads Series B round for Cask Data

By Iris Dorbian — 3 months ago

Palo Alto, California-based Cask Data Inc, an open source big data software company focused on developers, has secured $20 million in Series B funding. Safeguard Scientifics Inc led the round with participation from other investors that included Battery Ventures and Ignition Partners. PRESS RELEASE PALO ALTO, Calif. and RADNOR, Pa., Nov. 5, 2015 /PRNewswire/ — […]

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InfoBionic nets $8 mln

By Iris Dorbian — 6 months ago

Lowell, Massachusetts-based InfoBionic Inc, a provider of patient monitoring solutions for chronic disease management, has raised $8 million in Series B-1 funding. Safeguard Scientifics led the round with participation from other investors that included Excel Venture Management and Zaffre Investments, a subsidiary of Blue Cross Blue Shield of Massachusetts.

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Sonobi picks up $10.4 mln Series A

By Iris Dorbian — 6 months ago

Advertising technology company Sonobi has secured $10.4 million in Series A funding. The investors included Safeguard Scientifics Inc. In conjunction with the funding, Mark Mitchell, a principal of technology at Safeguard, has been added to Sonobi’s board of directors.

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Apprenda snags $24 mln

By Iris Dorbian — 7 months ago

Apprenda, a Platform as a Service solutions provider, has raised $24 million in funding. Safeguard Scientifics led the round with participation from New Enterprise Associates and Ignition Partners.

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Pneuron Corp. raises $5 mln

By Luisa Beltran — 7 months ago

Pneuron Corp. said Wednesday that it raised $5 million in a Series B-1 round led by Safeguard Scientifics. Osage Partners and Scott Group LLC also participated. Woburn, Massachusetts-based Pneuron sells large data integration software applications.

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Stress management platform meQuilibrium picks up $9 mln

By Iris Dorbian — 10 months ago

Boston-based online stress management platform meQuilibrium has secured $9 million in Series B funding. Safeguard Scientifics led the round with participation from other investors that included Chrysalis Ventures. In conjunction with the funding, Dr. Gary J. Kurtzman, managing director of healthcare at Safeguard, has been added to meQuilibrium’s board of directors.

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VC-backed Trice Medical hires CFO

By Iris Dorbian — 12 months ago

King of Prussia, Pennsylvania-based Trice Medical, a private diagnostics company focused on micro invasive technologies, has appointed Craig Carra as its chief financial officer. Previously, Carra worked at Ella Health where he served as the financial and business development leader. Trice Medical is backed by HealthQuest Capital, Safeguard Scientifics and BioStar Ventures.

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Aventura picks up $14 mln Series C

By Iris Dorbian — 12 months ago

Denver-based Aventura, a provider of healthcare workflow optimization software solutions, has secured $14 million in Series C funding. Safeguard Scientifics and Merck Global Health Innovation Fund led the round with participation from previous backers Excel Venture Management, HLM Venture Partners and Memorial Care Innovation Fund.

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First Round Capital leads Series A round for Velano Vascular

By Iris Dorbian — 1 year ago

Philadelphia and San Francisco-based medical tech company Velano Vascular, has received $5 million in Series A funding. First Round Capital led the round with participation from Kapor Capital, Safeguard Scientifics, White Owl Capital, Griffin Hospital and The Children’s Hospital of Philadelphia.

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Trice Medical pulls in $6.5 mln

By Iris Dorbian — 1 year ago

Trice Medical has received an additional $6.5 million in Series B financing, raising the total round to $18.1 million. HealthQuest Capital was the lead investor of the extension. Other backers included Safeguard Scientifics Inc and BioStar Ventures. Based in King of Prussia, Pennsylvania, Trice Medical is a provider of private diagnostics solutions focused on micro-invasive technologies.

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InfoBionic snags $17 mln Series B

By Iris Dorbian — 1 year ago

InfoBionic, a Lowell, Mass.-based digital health firm, has raised $17 million in Series B financing. The investors included Safeguard Scientifics, Mass Medical Angels, Broadview Ventures, Excel Venture Management and Zaffre Investments. Also, the company has appointed Steven R. Wasserman as chief financial officer and William G. Swavely as senior vice president of IT.

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Spring Lake Equity-backed MediaMath buys Rare Crowds

By Iris Dorbian — 1 year ago

Ad tech firm MediaMath has acquired Rare Crowds, a provider of targeted media solutions. No financial terms were disclosed. Also, MediaMath has named Eric Picard, CEO and co-founder of Rare Crowds, as vice president of strategic partnerships. MediaMath’s backers include Spring Lake Equity Partners, Akamai Technologies, Safeguard Scientifics, Catalyst Investors and Observatory Capital.

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Propeller Health fetches $14.5 mln Series B

By Iris Dorbian — 1 year ago

Propeller Health said Thursday that it has closed $14.5 million in Series B funding. Safeguard Scientifics led the round with participation from return backer The Social+Capital Partnership. Also, the firm has hired Chris Hogg as COO. Propeller Health is a provider of digital health solutions for chronic respiratory disease.

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Safeguard Scientifics leads $11 mln Series D funding in Transactis

By Chris Witkowsky — 1 year ago

Safeguard Scientifics has led an $11 million Series D funding round in Transactis, which provides electronic billing and payment solutions. Other participants in the funding round include existing investors StarVest Partners, senior management and the board. To date, Transactis has raised a total of $40 million from investors including Metamorphic Ventures, Vermont Information Processing and Harland Clarke.

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Safeguard Scientifics backs WebLinc

By Iris Dorbian — 1 year ago

WebLinc said Tuesday that it has closed $6 million in Series A financing from Safeguard Scientifics. Based in Philadelphia and New York, WebLinc is a commerce platform provider for online retailers.

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