Xconomy » VentureDeal http://www.xconomy.com Business + Technology in the Exponential Economy Fri, 10 Feb 2012 07:40:35 +0000 http://wordpress.org/?v=3.0.4 en hourly 1 http://wordpress.org/?v=3.0.4 Acetylon Pharmaceuticals Secures $15,000,000 New Round http://www.xconomy.com/boston/2012/02/09/acetylon-pharmaceuticals-secures-15000000-new-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/boston/2012/02/09/acetylon-pharmaceuticals-secures-15000000-new-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    Acetylon Pharmaceuticals
  • Mailing Address
    70 Fargo Street Boston, MA 02210
  • Company Description
    Acetylon Pharmaceuticals is a Boston-based company recently formed to commercialize promising pharmaceutical technology emerging from collaborative research at Harvard University and the Dana-Farber Cancer Institute. Acetylon intends to pursue the clinical development and commercialization of next generation, selective, small-molecule Histone Deacetylase (HDAC) inhibitors with enhanced therapeutic effectiveness and tolerability versus current alternatives.
  • Website
    http://www.acetylon.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Acetylon’s scientists plan to test ACY-1215 in combination with bortezomib (Velcade), made by Millennium Pharmaceuticals.
  • M&A Terms
  • Venture Investor
    Celgene Corporation
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UNDERWRITERS AND PARTNERS



]]> http://www.xconomy.com/boston/2012/02/09/acetylon-pharmaceuticals-secures-15000000-new-round/feed/ SpaceClaim Receives $4,000,000 New Funding http://www.xconomy.com/boston/2012/02/09/spaceclaim-receives-4000000-new-funding/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/boston/2012/02/09/spaceclaim-receives-4000000-new-funding/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    SpaceClaim
  • Mailing Address
    150 Baker Ave Ext Concord, MA 01742
  • Company Description
    SpaceClaim Corporation provides breakthrough mechanical design technology that enhances engineers’ productivity by empowering them to contribute to, consume, and share mechanical designs in 3D digital format. SpaceClaim’s innovative and intuitive 3D tools extend the benefits of 3D use beyond the dedicated product designer to others throughout product development, such as suppliers, manufacturing engineers, analysis engineers, and engineering management.
  • Website
    http://www.spaceclaim.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/boston/2012/02/09/spaceclaim-receives-4000000-new-funding/feed/ DocRun Lands $1,100,000 Seed Financing http://www.xconomy.com/san-diego/2012/02/09/docrun-lands-1100000-seed-financing/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-diego/2012/02/09/docrun-lands-1100000-seed-financing/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    DocRun
  • Mailing Address
    1337 3rd Street Santa Monica, CA 90401
  • Company Description
    At public launch, DocRun will eventually provide hundreds of personalized documents, including everything from prenuptial agreements to operating agreements to employment agreements, all specially tailored to each individual user using an adaptive Q&A engine.
  • Website
    http://www.docrun.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,100,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Resolute.vc
  • Venture Investor
    Kima Ventures
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-diego/2012/02/09/docrun-lands-1100000-seed-financing/feed/ Access Media 3 Receives $30,000,000 New Financing Round http://www.xconomy.com/detroit/2012/02/09/access-media-3-receives-30000000-new-financing-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/detroit/2012/02/09/access-media-3-receives-30000000-new-financing-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    Access Media 3
  • Mailing Address
    900 Commerce Drive Oak Brook, IL 60523
  • Company Description
    Provides digital media and telecommunication solutions. In the current digital media marketplace it is critical to choose a provider that will partnership with you to create tailor-made solutions, implement a plan, and support that plan into the future. Access Media 3 (“AM3”) has an experienced team of professional project managers, installers, and IT professionals to successfully design, install and manage a network solution uniquely designed for your property. Satisfied clients include Atlantic Realty, BJB Partners, Crescent Heights, Draper and Kramer, Duke Realty, Equity Residential, Fifield Companies, Habitat, Lincoln Properties, Realty & Mortgage, and Weisman Hughes Development.
  • Website
    http://www.am3inc.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    AM3 will use the ORIX/Petra investment to fuel both organic growth and strategic acquisitions.
  • M&A Terms
  • Venture Investor
    Orix Venture Finance
  • Venture Investor
    Petra Capital Partners
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]]> http://www.xconomy.com/detroit/2012/02/09/access-media-3-receives-30000000-new-financing-round/feed/ WibiData Obtains $5,000,000 New Funding http://www.xconomy.com/san-francisco/2012/02/09/wibidata-obtains-5000000-new-funding/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/09/wibidata-obtains-5000000-new-funding/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    WibiData
  • Mailing Address
    1098 Harrison Street San Francisco, CA 94103
  • Company Description
    WibiData is the next-generation platform for large-scale data storage, serving and analysis. And it’s the product of the hard work and collaboration of a talented staff, world-class investors, and amazing customers and partners.
  • Website
    http://www.wibidata.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will be used to grow WibiData’s engineering team, open an office, and more.
  • M&A Terms
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    SV Angel
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/09/wibidata-obtains-5000000-new-funding/feed/ Gumroad Receives $1,100,000 Seed Funding Round http://www.xconomy.com/san-francisco/2012/02/09/gumroad-receives-1100000-seed-funding-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/09/gumroad-receives-1100000-seed-funding-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    Gumroad
  • Mailing Address
    130 Langton Street San Francisco, CA 94103
  • Company Description
    We want to democratize the ability to sell stuff online. You’re a creative person; you create a lot of content. But most of it sits, archived, on some computer somewhere for the rest of time.
  • Website
    http://www.gumroad.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,100,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Accel Partners
  • Venture Investor
    SV Angel
  • Venture Investor
    Collaborative Fund
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/09/gumroad-receives-1100000-seed-funding-round/feed/ TastemakerX Garners $1,800,000 New Funding Round http://www.xconomy.com/san-francisco/2012/02/09/tastemakerx-garners-1800000-new-funding-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/09/tastemakerx-garners-1800000-new-funding-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    TastemakerX
  • Mailing Address
    Undisclosed San Francisco, CA 94123
  • Company Description
    TastemakerX is social gaming platform that allows users to build portfolios of personal tastes and share it to their social graph. The TastemakerX Music mobile app enables fans to discover artists, trends and inspiration; compete against other tastemakers; and share experiences through geo-tagging, commentary and photo sharing.
  • Website
    http://www.tastemakerx.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,800,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Baseline Ventures
  • Venture Investor
    AOL
  • Venture Investor
    True Ventures
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/09/tastemakerx-garners-1800000-new-funding-round/feed/ Altheos Lands $12,500,000 Series A Financing Round http://www.xconomy.com/san-francisco/2012/02/09/altheos-lands-12500000-series-a-financing-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/09/altheos-lands-12500000-series-a-financing-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    Altheos
  • Mailing Address
    601 Gateway Blvd. South San Francisco, CA 94080
  • Company Description
    Altheos, Inc. is focused on the development of a best-in-class next-generation eye drop treatment for glaucoma. The lead compound, ATA907, is a selective rho-kinase (ROCK) inhibitor developed specifically for topical treatment of glaucoma which Altheos licensed from a Japanese pharmaceutical company.
  • Website
    http://www.altheos.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The increase of our Series A round allows us the opportunity to advance our lead candidate to phase 3 trials.
  • M&A Terms
  • Venture Investor
    Bay City Capital
  • Venture Investor
    Novo A/S
  • Venture Investor
    Canaan Partners
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/09/altheos-lands-12500000-series-a-financing-round/feed/ SchoolFeed Secures $1,500,000 Seed Financing http://www.xconomy.com/san-francisco/2012/02/09/schoolfeed-secures-1500000-seed-financing/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/09/schoolfeed-secures-1500000-seed-financing/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    SchoolFeed
  • Mailing Address
    Undisclosed San Mateo, CA 94402
  • Company Description
    SchoolFeed is a FREE classmates network which connects with Facebook.
  • Website
    http://www.your.schoolfeed.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The funding will be used to build up the main site. Future features will include an online yearbook and help with putting on a reunion.
  • M&A Terms
  • Venture Investor
    First Round Capital
  • Venture Investor
    Crosslink Capital
  • Venture Investor
    InterWest Partners
  • Venture Investor
    SK Telecom Ventures
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]]> http://www.xconomy.com/san-francisco/2012/02/09/schoolfeed-secures-1500000-seed-financing/feed/ Guidance Software Acquires CaseCentral for $50,000,000 http://www.xconomy.com/san-francisco/2012/02/09/guidance-software-acquires-casecentral-for-50000000/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/09/guidance-software-acquires-casecentral-for-50000000/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    CaseCentral
  • Mailing Address
    50 California Street San Francisco, CA 94111
  • Company Description
    Founded in 1994, CaseCentral is the leader in secure, cloud-based eDiscovery software for corporations and law firms to simplify electronic discovery (e-Discovery) in response to litigation, regulatory inquiries and internal investigations.
  • Website
    http://www.casecentral.com
  • Transaction Type
    M&A
  • Transaction Amount
    $50,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The deal is worth $17.1M now, plus up to $33M in earnout over the next three years.
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]]> http://www.xconomy.com/san-francisco/2012/02/09/guidance-software-acquires-casecentral-for-50000000/feed/ FX Alliance Secures $62,400,000 New Round http://www.xconomy.com/new-york/2012/02/09/fx-alliance-secures-62400000-new-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/new-york/2012/02/09/fx-alliance-secures-62400000-new-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    FX Alliance
  • Mailing Address
    909 Third Avenue 10th Floor New York, NY 10022
  • Company Description
    FX Alliance (NYSE: FX) is a leading independent, institutional foreign exchange trading platform.
  • Website
    http://www.fxall.com
  • Transaction Type
    IPO
  • Transaction Amount
    $62,400,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes are on file with company statements at the SEC.
  • M&A Terms
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]]> http://www.xconomy.com/new-york/2012/02/09/fx-alliance-secures-62400000-new-round/feed/ Paddle8 Receives $4,000,000 Series A Financing Round http://www.xconomy.com/new-york/2012/02/09/paddle8-receives-4000000-series-a-financing-round/ Thu, 09 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/new-york/2012/02/09/paddle8-receives-4000000-series-a-financing-round/ VentureDeal
  • Feed Type
  • Date
    2/9/2012
  • Company Name
    Paddle8
  • Mailing Address
    42 Greene Street Floor 2 New York, NY 10013
  • Company Description
    Paddle8 creates context for artworks by inviting influential cultural figures to participate as curators. Each month, a guest curator introduces a grouping of works selected around a theme.
  • Website
    http://www.paddle8.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    It’s a combined focus from our investors that will help us break down the barriers to the world of fine art and build up the technology to support our backend,” said Paddle 8 co-founder Alexander Gilkes
  • M&A Terms
  • Venture Investor
    Mousse Partners
  • Venture Investor
    Founder Collective
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]]> http://www.xconomy.com/new-york/2012/02/09/paddle8-receives-4000000-series-a-financing-round/feed/ Spoken Communications Lands $11,500,000 Series B Financing Round http://www.xconomy.com/seattle/2012/02/08/spoken-communications-lands-11500000-series-b-financing-round/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/seattle/2012/02/08/spoken-communications-lands-11500000-series-b-financing-round/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Spoken Communications
  • Mailing Address
    10900 NE 8th St Bellevue, WA 98004
  • Company Description
    Spoken Communications, founded in 2005 and incorporated as Intellisist, Inc., is a provider of a leading enterprise cloud platform for contact centers. The Spoken platform supports cost productivity, enables big data streams and extends a flexible integration model to replace, extend or integrate with any legacy infrastructure and software.
  • Website
    http://www.spoken.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Ignition Capital
  • Venture Investor
    Ignition Partners
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]]> http://www.xconomy.com/seattle/2012/02/08/spoken-communications-lands-11500000-series-b-financing-round/feed/ Viddy Receives $6,000,000 Series A Funding http://www.xconomy.com/san-diego/2012/02/08/viddy-receives-6000000-series-a-funding/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-diego/2012/02/08/viddy-receives-6000000-series-a-funding/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Viddy
  • Mailing Address
    Undisclosed Venice, CA 90291
  • Company Description
    Viddy is a simple way for anyone to capture, produce, and share beautiful
    videos with the world. Record a moment of your life, give it that cinematic
    look with our production packs, and share it with those who matter most.
  • Website
    http://www.viddy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The new money will enable the mobile video company to accelerate international expansion and bring its app to new devices, including the iPad.
  • M&A Terms
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Greycroft Partners
  • Venture Investor
    Qualcomm
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]]> http://www.xconomy.com/san-diego/2012/02/08/viddy-receives-6000000-series-a-funding/feed/ Dwolla Receives $5,000,000 Series B Funding http://www.xconomy.com/detroit/2012/02/08/dwolla-receives-5000000-series-b-funding/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/detroit/2012/02/08/dwolla-receives-5000000-series-b-funding/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Dwolla
  • Mailing Address
    Undisclosed Des Moines, IA 50309
  • Company Description
    New technologies are putting our lives, our communities, and our world at the tips of our fingers. At Dwolla, we’re using those same ideas to build a new payment experience that’s powered by you.
  • Website
    http://www.dwolla.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company says that additional funding will be used to continue product development, expand its API and “maybe buy some Doritos.”
  • M&A Terms
  • Venture Investor
    Union Square Ventures
  • Venture Investor
    Village Ventures
  • Venture Investor
    Thrive Capital
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/detroit/2012/02/08/dwolla-receives-5000000-series-b-funding/feed/ VeloMedix Garners $10,200,000 Series B Financing http://www.xconomy.com/san-francisco/2012/02/08/velomedix-garners-10200000-series-b-financing/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/08/velomedix-garners-10200000-series-b-financing/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    VeloMedix
  • Mailing Address
    1445 Adams Dr. Menlo Park, CA 94025
  • Company Description
    VeloMedix, Inc. is a therapeutic hypothermia company that safely cools much more rapidly than competitive technologies.
  • Website
    http://www.velomedix.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $10,200,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds from the company’s recent financing will be used to initiate a post-CE Mark trial in support of EU commercialization and obtain U.S. Food and Drug Administration approval for a clinical study in the United States.
  • M&A Terms
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/08/velomedix-garners-10200000-series-b-financing/feed/ Flingo Receives $7,000,000 Series A Funding Round http://www.xconomy.com/san-francisco/2012/02/08/flingo-receives-7000000-series-a-funding-round/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/08/flingo-receives-7000000-series-a-funding-round/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Flingo
  • Mailing Address
    164 Townsend St San Francisco, CA 94110
  • Company Description
    Flingo is a small, nimble team of entreprenuers, architects, engineers and designers, building the next generation of smart TV experiences.
  • Website
    http://www.flingo.tv
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the additional capital to invest in infrastructure, personnel additions and international expansion.
  • M&A Terms
  • Venture Investor
    August Capital
  • Venture Investor
    August Capital
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/08/flingo-receives-7000000-series-a-funding-round/feed/ Extole Lands $10,000,000 Series C Round http://www.xconomy.com/san-francisco/2012/02/08/extole-lands-10000000-series-c-round/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/08/extole-lands-10000000-series-c-round/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Extole
  • Mailing Address
    625 2nd Street San Francisco, CA 94107
  • Company Description
    Extole helps brands harness the marketing potential of the growing social channel. The company’s unique full-service Social Marketing as Service offering enables brands to tap into a new customer acquisition channel, increase customer engagement, generate positive social recommendations and improve customer insight.
  • Website
    http://www.Extole.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company will use the new funding to fuel growth, scale operations, and accelerate product and platform investments.
  • M&A Terms
  • Venture Investor
    Shasta Ventures
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Trident Capital
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]]> http://www.xconomy.com/san-francisco/2012/02/08/extole-lands-10000000-series-c-round/feed/ Pasteurization Technology Group Receives $1,000,000 New Financing http://www.xconomy.com/san-francisco/2012/02/08/pasteurization-technology-group-receives-1000000-new-financing/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/08/pasteurization-technology-group-receives-1000000-new-financing/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    Pasteurization Technology Group
  • Mailing Address
    2995 Teagarden St. San Leandro, CA 94577
  • Company Description
    The two most important problems facing the globe over the next 100 years are energy and water. Pasteurization Technology Group (PTG) is the only company in the world to combine renewable energy generation with wastewater disinfection for reuse. One project can now generate renewable electricity and add to the overall supply of water.
  • Website
    http://www.pastechgroup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/08/pasteurization-technology-group-receives-1000000-new-financing/feed/ iHear Medical Obtains $1,800,000 Series B Funding Round http://www.xconomy.com/san-francisco/2012/02/08/ihear-medical-obtains-1800000-series-b-funding-round/ Wed, 08 Feb 2012 05:00:00 +0000 VentureDeal http://www.xconomy.com/san-francisco/2012/02/08/ihear-medical-obtains-1800000-series-b-funding-round/ VentureDeal
  • Feed Type
  • Date
    2/8/2012
  • Company Name
    iHear Medical
  • Mailing Address
    15250 Hesperian Blvd San Leandro, CA 94578
  • Company Description
    iHear Medical is a venture-backed firm incubated by the Center for Medical Device Innovations, Inc. (CMDI) which focuses on developing novel platform technologies to create paradigm shifts in healthcare delivery.
  • Website
    Undisclosed
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,800,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will enable the company to complete the development of its advanced hearing products for treating a multitude of hearing losses.
  • M&A Terms
  • Venture Investor
    Undisclosed
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]]> http://www.xconomy.com/san-francisco/2012/02/08/ihear-medical-obtains-1800000-series-b-funding-round/feed/