Sanofi-Aventis Backs Mass Life Sciences Center, Redline Raises $7.45M, Swipely Launches with $7.5M, & More Boston-Area Deals News
Erin Kutz5/12/10Follow @erkutz
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five investors, and $730,249 of the round will go to repurchasing 55,280 shares of common stock held by company president Mark Skalabrin, according to the filing.
—Acton, MA-based optical switch maker Mintera nabbed a $1.65 million offering of equity and debt. Court Square Ventures, JDSU, Polaris Venture Partners, Portview Communications Partners, RRE Ventures, and Star Ventures have previously backed the company.
—Swipely, a Providence, RI-based company whose site allows consumers to share information on their purchases with their social networks, said it raised $7.5 million in Series A funding and launched an invite-only beta version of the site. The company, whose service imports information on users’ credit- and debit-card purchases for friends to comment on, has raised a total of $8.5 million. The newest money comes from Index Ventures, Greylock Partners, First Round Capital, and a group of angel investors.
—Localytics, a Cambridge maker of software that helps mobile app developers track customer usage, announced it had raised $700,000 in its first round of funding, led by Launchpad Ventures and New York Angels.
—Cambridge’s Wiggio, another company like DormNoise working on collaboration groupware for college students, raised $1.95 million in equity-based funding. The filing for the financing listed partners from New Atlantic Ventures as members of the board of directors.
