Iris Dorbian
Cintrifuse said Thursday that its Early Stage Capital Fund I is investing in Allos Ventures Fund II and Sigma Prime IX Fund. No exact financial terms were disclosed for the two investments, however, Cintrifuse has raised $51 million for its fund. Managed by Allos Ventures, Allos II focuses on early-stage software and business technology companies while Sigma Prime IX, which is run by Sigma Prime Ventures, targets technology startups. Based in Cincinnati, The Cintrifuse Early Stage Capital Fund I is a venture capital fund of funds that invests in early-stage venture capital funds with a focus on technology, life sciences, consumer goods/services and energy.
Ioxus has raised $15 million in Series C funding. The lead investor was The Westly Group. Northwater Capital Management, Braemar Energy Ventures, Energy Technology Ventures and Aster Capital also participated in the round. According to Ioxus, the capital will be used for research and development as well as expansion. Headquartered in Oneonta, NY, Ioxus is a provider of technology for transportation, industrial and energy applications.
Yapert said Thursday that it has raised $1.2 million in seed funding. The lead investor was Tech Coast Angels. Desert Angels, Pasadena Angels, and other independent angel investors also participated in the round. Headquartered in San Diego, Calif., Yapert is an interactive mobile magazine designed for fans to engage with celebrities.
Anaqua has received a "significant investment" from Insight Venture Partners. No financial terms were disclosed although one news source reports the amount to be $100 million. According to terms of the agreement, the transaction included the buyout of Anaqua's existing investors. Also, Insight's Managing Directors, Jeff Horing and Alex Crisses, have been named to Anaqua's board of directors. Headquartered in Boston, Anaqua is a provider of intellectual asset management services and SaaS software.
Grovo.com said Wednesday that it has closed $5.5 million in Series A funding. The lead investor was Greg Waldorf, former CEO of eHarmony. Greg Sands of Costanoa Venture Capital and Jeff Clavier of SoftTech VC also participated in the round. According to Grovo, the capital will be used for growth and expansion. In addition to the funding, Waldorf joins Grovo's board of directors as chairman. Headquartered in New York, Grovo is an online education company.
Xamarin said Wednesday that it has closed $16 million in Series B funding. Lead Edge Capital was the lead investor. Previous investors Charles River Ventures, Ignition Partners and Floodgate also participated in the round. Xamarin is an apps developer.
On-Ramp Wireless said Wednesday that it has received $15 million in Series C funding. New investor Enbridge led the round with participation from existing investors Third Wave Ventures and Energy Technology Ventures. Based in San Diego, Calif., On-Ramp Wireless is a provider of M2M technology.
Vivino said Wednesday that it has raised $10.3 million in follow-on Series A funding. Balderton Capital was the lead investor. Existing investors, which include Skype founder Janus Friis, SEED Capital Partners and Creandum, also participated in the round. According to the company, the funding will be used for product and business development as well as market expansion, particularly in Europe and North and South America. Based in Copenhagen, Denmark, Vivino is a wine app.
The Michigan Angel Fund said Wednesday that it has invested in East Lansing-based BioPhotonics, a technology company. No financial terms were disclosed although the MAF did recently close $2 million for its fund. The MAF focuses on investing in early stage companies located in Michigan and was established by Ann Arbor SPARK, a nonprofit that encourages and supports business acceleration.
Taykey said Wednesday that it has raised $6 million in financing. Investors included Tenaya Capital, Sequoia Capital, SoftBank Capital and Marker. Also, Taykey has named Adam Klee as vice president of media operations and Carmit Tevet-Kuzy as vice president of finance. Based in New York and Israel, Taykey is a topical advertising platform.