Flightcaster raises $1.3M for better flight prediction
Flightcaster, a company that licenses flight prediction data to travel agencies and even mobile app developers, has brought in $1.3 million in a first round of funding. Based in San Francico, it is backed by Tandem Entrepreneurs and Sherpalo Ventures.
Life360 takes in $750K to secure personal information
Life360, provider of a service that secures people’s important personal information — such as their medical history — until there is an emergency, has raised $750,000 in funding. Based in San Francisco, it is backed by LaunchCapital, Seraph Group, Founders Fund and angel investor Mark Goines.
CloudFlare floats $2.05M equity round to strengthen web site security
CloudFlare, a company that gives web site owners more control over who can access their sites to protect against attacks and increase performance, announced that it opened a $2.05 million round of equity, according to Dow Jones VentureWire. Based in San Francisco, it is backed by UV Partners and Venrock.
Bizo, targeted B2B marketing network, bags $6M
Bizo, a startup that claims to be the first targeted B2B marketing network, brought in $6 million in venture capital, according to a filing with the SEC. Based in San Francisco, the company is backed by Bessemer Venture Partners, Flagship Ventures and Venrock.
Mimosa takes $4M for archiving email, files
Mimosa Systems, maker of software that archives email and other data, has raised $4 million of a $5.5 million round of debt, rights and securities, according to a filing with the SEC. Based in Santa Clara, Calif., the company is backed by August Capital, Clearstone Venture Partners, Dot Edu Ventures, Focus Ventures, Jafco Ventures and Mayfield Fund. The company last raised money in June, bringing in $3 million in debt financing.
Aravo raises $19M for supplier info tracking
Aravo Solutions, provider of software that helps companies manage their supply chains and corporate risk and responsibility, has raised $19 million of a targeted $22.1 million fourth round of preferred stock, according to a filing with the SEC. Based in San Francisco, the company is backed by Big Sky Partners and individual investors Tony Mayer and Stephen Friedman. It raised $7 million last December.
ReaMetrix raises $2.1M to develop cell lines
ReaMetrix, a company that prepares cell lines that express certain proteins over others, has brought in $2.1 million in venture capital, according to a filing with the SEC. Based in San Carlos, Calif., it is backed by Baring Private Equity Asia, Sequoia Capital India and Mobius Venture Capital.
Headmix raises $540K for workflow, hiring, training services
Headmix, provider of the WorkSimple software system that helps companies onboard employees and give them tools to collaborate once they’re there, has raised $540,000 of an anticipated $660,000 round of equity, according to a filing with the SEC. Based in San Francisco, Headmix is backed by Baseline Ventures and Camp Ventures.
Calibra takes $1.4M to for insulin delivery devices
Calibra Medical, a biotech company with an insulin delivery device used to ease diabetes management, has brought in $1.4 million in convertible promissory notes and warrants, according to a filing with the SEC. Based in Redwood City, Calif., the company is backed by Canaan Partners, Intersouth Partners, Skyline Ventures, Frazier Healthcare Ventures, and Three Arch Partners. It last raised funds in August 2008 amounting to $35 million.
Plato’s Forms raises $545K to correct bad journalism
Plato’s Forms, a San Francisco startup that describes itself as “a professional messaging platform focused on the problem of the rapid proliferation of misinformation in media,” just announced raising a $545,000 seed round. The company was founded by Darryl Siry, senior vice president of marketing and sales at Tesla Motors, and Ben Metcalfe. The investment comes from Siry, Zelkova Ventures, and individual angel investors.
Plato’s Forms plans to launch its first product in Spring 2010.
Fluidigm raises another $7.5M for stem-cell analysis chips
Fluidigm, which makes chips that for genetics lab, has raised $7.5 million in new equity, according to VentureWire. That’s part of a new $18.5 million round that the South San Francisco, Calif. company is raising. The funding comes from existing backers Alloy Ventures, EDB Investments, EuclidSR partners, Fidelity Contrafund, Interwest Partners, Lehman Brothers Venture Capital Group, Smallcap World Fund, and Versant Ventures, as well as an undisclosed new investor.
Fluidigm tried to have an IPO a… Continue Reading
Business intelligence company Manthan Systems raises second round
Manthan Systems, which provides business intelligence and analytics software to retailers, has a raised a second funding round of “up to” $15 million. The round was led by Fidelity International, with participation from existing investors IDG Ventures India and DFJ ePlanet Ventures. The company is based in Bangalore, India.
MyFit raises $1M to help parents with college applications
MyFit, a new services that helps parents figure out how to get their children into the college of their choice, has raised $1 million in a first round of funding, led by New Enterprise Associates. The Mountain View, Calif. company says it looks at data about graduates from more than 3,500 higher learning institutions, and uses that information to tell users where they should focus their academic and extracurricular energy to get into a specific… Continue Reading
Network equipment company IPWireless restarts with $15.5M
IPWireless, a maker of mobile network equipment, has raised $15.5 million in a new first round of institutional funding. The company previously raised $235 million and was acquired by NextWave Wireless in 2007, but NextWave sold the company back to its founders last year, according to Dow Jones VentureWire. The new round was led by Spark Capital, with participation from Lockheed-Martin and Northrup Grumman.
Outright raises $5.5M to help small businesses with their finances
Outright, which offers a free online application to help small businesses manage their finances, has raised $5.5 million in a first round of institutional funding led by Sequoia Capital. The firms that invested in Outright’s seed round — First Round Capital, Shasta Ventures, and SoftTechVC — also participated. The Campbell, Calif., company has now raised a total of $7.5 million.
Teknovus captures $5.6M for optical Ethernet chips
Teknovus, a provider of Ethernet optical networking chips, has brought in $5.6 million in convertible promissory notes, preferred and common stock, according to a filing with the SEC. Based in Petaluma, Calif., the company is backed by Partech International, Focus Ventures, Galleon Group, Itochu Technology Ventures, U.S. Venture Partners, Vision Venture Capital, Mitsubishi, Technology Alliance Investment and Samsung Ventures America.
Mercantila takes in $500K for retail site network
Mercantila, a San Francisco-based portal of related specialty retail web sites, has tacked $500,000 onto a now $2.5 million in convertible promissory notes and warrants, according to a filing with the SEC. The company is backed by Lightspeed Venture Partners, among others.
CyberHeart raises $3.6M for cardiac radiosurgery
CyberHeart, a company that develops radiosurgical equipment for non-invasive cardiac surgeries (radiosurgery is used to treat benign and malignant tumors), has brought in $3.6 million of a targeted $8.1 million round of debt, rights and securities according to a filing with the SEC. Based in Menlo Park, Calif., the company is backed by Emergent Medical Ventures, Mitsubishi, Venture Select and United Investments.
Cell Biosci takes $15M to examine cell pathways
Cell Biosciences, maker of software and other tools to learn more about how cells move and interact, has brought in $15 million of an anticipated $17.6 million fourth round of funding, according to a filing with the SEC. Based in Santa Clara, Calif., the company is backed by Domain Associates, Latterell Venture Partners, Vertical Group, Wellcome Trust, Novo A/S and the Royal Bank of Canada.
Aperto bags $240K more for Wimax equipment
WiMax equipment provider Aperto Networks has raised $240,000 more in equity, according to a filing with the SEC. It just raised $537,000 at the end of October. Based in Milpitas, Calif., the company is backed by Alliance Ventures, Canaan Partners, GunnAllen Venture Partners, Quicksilver Ventures, Tyco Ventures, Innovacom and Jafco Ventures. It has now raised more than $160 million to date.