NuoDB, Dailybreak, Vsnap & (Much, Much) More from the Boston Deals Roundup
[Updated 7/12/12, 10:50 am. See below.] It’s been a booming week for deals in New England, and that’s not even counting today…
—Morgenthaler Ventures led a $10 million Series B round for Cambridge, MA-based cloud database software company NuoDB. The round also included Hummer Winblad Venture Partners and Longworth Venture Partners and will be used for software development and sales and marketing.
—Campuslive, a Boston-based Web startup for connecting brands with college students, announced that it nabbed $5 million in funding from lead investors GSV Capital (NASDAQ: GSV) and return investors Highland Capital and Charles River Ventures. The startup relaunched as Dailybreak to extend its prize-based marketing platform to other consumer segments like moms and young professionals, and also hired a new CEO, John Federman.
—An SEC filing showed that Cambridge, MA-based Lantos Technologies, a developer of 3D imaging technology for the ear, had raised $3.8 million of a targeted $6.6 million equity offering.
—Boston-based video messaging startup Vsnap announced in a blog post that it raised a $750,000 seed round led by Rue La La co-founder and current General Catalyst entrepreneur-in-residence Ted McNamara. The deal also included angel investors Chris Stafford and Joe Dello Russo, MassVentures, Warm Springs Venture Investments, and a number of small business owners, Vsnap CEO Dave McLaughlin reports.
—Paydiant pulled in $12 million in Series B financing from new investor Stage 1 Ventures, along with previous investors North Bridge Venture Partners and General Catalyst Partners. The Wellesley, MA-based developer of mobile payment tech has raised a total of about $20 million.
—West Bridgewater, MA-based medical device company Cardiosolutions nabbed an $8 million investment from the Sorin Group, which also has an option to acquire the company in the future. The money will go to product development and clinical testing.
—Boston-based Pingup, which develops technology enabling businesses to text-message customers, said it closed a $1 million seed financing from Avalon Ventures.
—And in non-startup-financing news, Kayak indicated it intends to price the shares in its 3.5-million-share initial public offering somewhere between $22 and $25 apiece.
—In some more late-breaking financing news, Portland, ME-based CashStar announced Wednesday that it raised $5 million for growth and mobile development of its digital gifting platform. The money came from Intel Capital, and existing investors Passport Ventures, FTV Capital, and CashStart chairman Steven Boal, also the president and CEO of Coupons.com.
—And not to be outdone, Cambridge-based Kinvey (mobile backends—seriously) and Backupify (data backup) announced rounds Wednesday, followed by Somerville, MA-based music tech startup The Echo Nest on Thursday. [Paragraphs added to include new funding news.]