angela sormani

Thalmic Labs has closed a $14.5 million Series A financing round. The funding was led by Spark Capital and Intel Capital. The business is a developer of new technologies in the area of human-computer interaction.

Overture has secured a $10 million venture loan facility with Horizon Technology Finance Corporation, a specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies. The new facility follows a recently announced $8 million equity investment that includes an opportunity to secure up to $11.7 million.

Saudi Aramco Energy Ventures, the corporate venturing subsidiary of Saudi Aramco, has closed an equity investment into Zilift, a developer of through-tubing deployed artificial lift systems using permanent magnet motors and magnetic transmissions. Zilift was established in May 2009 to develop and market permanent magnet technologies for innovative artificial lift applications.

Chequed.com, a provider of cloud-based predictive talent selection solutions, has secured $2 million in funding in a round led by Cayuga Venture Fund, a New York-based technology and high-growth investment firm. This second round also includes participation from existing private and public investors, including Rand Capital, based in Buffalo, NY.

MediSwipe, a data management solutions company for the medicinal marijuana and health care industry, has received the first $100,000 of a total of $600,000 in funding from a Chicago-based private equity fund. The company plans to use the capital to expand its marketing efforts for its cloud-based patient management system.

Wanderful Media, an online local discovery shopping company, has secured an additional $9 million in funding from existing investors. This addition brings the company's total funding to $36 million. Wanderful Media is a Silicon Valley-based company online discovery shopping business.

Biopharmaceutical company eFFECTOR Therapeutics has completed a $45 million Series A financing. Investors include U.S. Venture Partners, Abingworth, Novartis Venture Funds, SR One, Astellas Venture Management, Osage University Partners and Mission Bay Capital.

VTL Associates has secured an investment from Suzhou Industrial Park Kaida Venture Capital, an international venture capital firm based in Dalian, China. The growth capital will be used to support the expansion of RevenueShares, a division of VTL that provides revenue-weighted exchanged-traded funds.

MicroVentures, a combined equity crowdfunding platform and broker-dealer in the US, has announced that accredited investors on its platform have invested $16 million in startups. MicroVentures employs a crowd-sourcing process that enables the power of the crowd to decide which startups will receive investments in an effort to provide a higher probability of successful outcomes.

VERSUS IO has completed its Series A funding round led by Earlybird Venture Capital. The round also includes additional investments from 500 Startups led by Dave McClure who initially invested $100,000 in December 2012, seed investor High-Tech Gründerfonds and angel investors Lars Dittrich and Dario Suter. To date VERSUS IO has raised $1 million in total.