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Fundings
Postabon raises $1M in funding - Cambridge, MA
March 9, 2010: According to SEC filings, Postabon in Cambridge, Massachusetts has raised $1M of a planned $1.5M round of funding. Postabon is a location-aware deal platform that allows users to exchange in-store discount recommendations. As reported by Mass High Tech, Spark Capital is one of their investors.
http://bit.ly/vfdealspostabon
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SensAble Technologies raises $8M in venture capital funding - Woburn, MA
March 8, 2010: SensAble Technologies, Inc., a leading provider of 3D modeling software, haptic devices and dental restoration design and fabrication solutions, announced that it has received an $8 million investment to propel sales, marketing and engineering efforts for its digital dentistry product line. Existing investor HLM Venture Partners led the round and was joined by North Bridge Venture Partners, both of whom are headquartered in the Boston area, and have extensive expertise with medical device company funding.
http://bit.ly/vfdealssensable
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DataXu raises $11M in venture capital funding - Boston, MA
March 8, 2010: DataXu, provider of the leading real-time bidding platform for online display advertisers, today announced it has closed $11 million in Series B funding led by Menlo Ventures. Atlas Venture and Flybridge Capital Partners, who provided DataXu's Series A funding in April 2009, also participated in the round. The proceeds will be used to fund new product development, sales and marketing, and international expansion. John Jarve, Managing Director of Menlo Ventures, will join DataXu's board of directors.
http://bit.ly/vfdealsdataxu
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inStream Media raises a debt round of funding - Newton, MA
March 5, 2010: As reported by the Boston Business Journal, inStream Media in Newton, Massachusetts has raised a debt round of financing totaling $842,981. The debt sale was oversubscribed and led by Stage 1 Ventures and CommonAngels. inStream Media is a marketing services company providing targeted advertising and promotions to consumers at the point of sale through graphical messages on the front of a customer's sales receipt.
http://bit.ly/vfdealsinstream
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Whaleback raises $600K in debt financing - Portsmouth, NH
March 5, 2010: According to SEC filings, Whaleback Systems in Portsmouth, New Hampshire has raised $600K in debt financing. Whaleback Systems is a Managed Voice Provider and the pioneering developer of the first business phone solution built from the ground up for broadband.
http://bit.ly/vfdealswhaleback
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Reflexis Systems raises $6M in funding - Dedham, MA
March 3, 2010: According to SEC filings, Reflexis Systems in Dedham, Massachusetts has raised $6M in debt and equity options funding. Reflexis Systems is a retail execution software company. Reflexis’ main product - the RetailAction suite - is focused on offering improvements in store-level compliance with corporate strategies, aimed to increase average ticket sales and improve field and store management productivity throughout their clients’ chains.
http://bit.ly/vfdealsreflexis
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Desktone raises $5.4M in funding - Chelmsford, MA
March 2, 2010: According to SEC filings, Desktone in Chelmsford, Massachusetts has raised $5.4M in funding. Desktone provides a virtual desktop hosting platform, enabling desktops to be delivered as an outsourced subscription service.
http://bit.ly/vfdealsdesktone
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ConnectEDU raises $3.5M in venture debt - Boston, MA
February 25, 2010: According to SEC filings, ConnectEDU in Boston, Massachusetts, has raised $3.5M in venture debt. ConnectEDU is a technology firm dedicated to providing students, educators and employers with comprehensive solutions to successfully navigate education and employment transitions.
http://bit.ly/vfdealsconnectedu
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thredUP closes series A round of funding - Cambridge, MA
February 25, 2010: thredUP, a peer-to-peer clothing exchange on the web, today announced that it has completed a Series A Round of funding (<$1M) led by an undisclosed network of angel and corporate investors.
http://www.thredup.com
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Marathon Technologies raises $13.5M in funding - Littleton, MA
February 24, 2010: According to SEC filings, Marathon Technologies in Littleton, Massachusetts, has raised $13.5M in funding. Marathon is a provider of fault-tolerant, automated, high availability and disaster recovery software for physical and virtual servers.
http://bit.ly/vfdealsmarathon
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Currensee raises $8M in venture capital funding - Boston, MA
February 23, 2010: Currensee Inc., the first Forex trading social network that connects traders from around the world based on real-time trades, today announced that it has secured $8 million in Series B financing for total funding of $12 million. Led by North Bridge Venture Partners, the round includes new investor, Egan Managed Capital. Travis D. Connors, partner at Egan, will join the Currensee Board of Directors.
http://bit.ly/vfdealscurrensee
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Allurent raises $2M in funding - Cambridge, MA
February 22, 2010: According to SEC filings, Allurent in Cambridge, Massachusetts has raised $2M in funding. Allurent is an eCommerce technology company, whose SaaS products include a library of interactive merchandising widgets and a back-end merchandising tool
http://bit.ly/vfdealsallurent
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Fluent Mobile raises $1.25M in funding - Boston, MA
February 19 2010: According to SEC filings, Fluent Mobile in Boston, Massachusetts has raised $1.25M in funding. Fluent Mobile is focused on mobile content organization and delivery, develops applications that bring the speed, reliability and convenience of desktop Web browsing to handheld devices.
http://bit.ly/vfdealsfluent
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MedVentive increases funding round to $10M - Waltham, MA
February 19, 2010: According to SEC filings, MedVentive in Waltham, Massachusetts has increased their funding round to $10M. This is an increase from the $7.25M round that was originally announced last July. MedVentive is a provider of integrated performance management solutions for health plans and providers.
http://bit.ly/vfdealsmedventive
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EveryScape raises $6M in venture capital funding - Waltham, MA
February 18, 2010: EveryScape, Inc., creator of "The Real World Online," has secured $6 million Series C financing in a strategic round led by SK Telecom Americas, a division of SK Telecom (NYSE: SKM), South Korean leading mobile operator with over 50% market share. Existing investors Draper Fisher Jurvetson and Dace Ventures also participated. This new financing will fuel EveryScape's Asian market strategy, as well as propel the company's steady growth in the U.S.
http://bit.ly/vffundeveryscape
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