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Novak Biddle Venture Partners is looking to raise less than $150 million for its sixth fund, an amount less than two thirds the size of its prior fund, according to VentureWire.
In its continued effort to spur economic development and bring concepts from the laboratory to the marketplace, The Maryland Technology Development Corporation (TEDCO) announced today that 16 companies have received a total of $1,170,885 in funding from the organization.
Urjanet Inc. today announced that it has received $4M in Series B venture financing led by new investor Grotech Ventures, along with existing investors GRA Venture Fund, LLC and Imlay Investments Inc.
Adding to what is shaping up be a banner year for Canadian venture capital fundraising, Toronto-based Wellington Financial LP announced the first closing of a $177-million fund this week.
VideoBlocks.com, the first subscription-based provider of unlimited royalty-free stock video and audio clips, today announced that it has closed a $10.5 million Series A investment led by Updata Partners with participation from QED Investors.
Software developer GramercyOne has landed $6 million in new venture capital investment, according to an SEC regulatory filing.
The DC-based AARP and LivePitch Media on Wednesday announced the 10 start-up finalists for their AARP Health Innovation@50+ LivePitch, a competition designed to showcase start-ups in the "50 and over" health technology and innovation sector.
Desire2Learn Inc., a Canadian technology firm, said on Tuesday it has secured $80 million in venture funding that will be used to help strengthen its infrastructure and boost its growth prospects. The privately held company, a leading developer of online learning systems, is based in Ontario’s Kitchener-Waterloo area, just minutes away from the home of BlackBerry maker Research In Motion.
Intact Vascular, Inc., a developer of medical devices for minimally invasive peripheral vascular procedures, announced the completion of a $15.5 MM Series A financing
Medical device company, NeuWave Medical, announced today that it has raised a $14 million Series B financing, led by new investor H.I.G. BioVentures, with participation from existing shareholders, including Venture Investors, WARF and the State of Wisconsin Investment Board.