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Archive11.16.09 National Football Post Partners with Handmark National Football Post and Handmark® announced they have partnered to launch NFP Mobile, a mobile application for iPhone, Android and BlackBerry smartphone customers that delivers instant, real-time access to NFP sports content, news and information. 11.09.09 Apprenda Closes $5 Million Investment Apprenda, announced that the company has closed a $5 million investment round led by New Enterprise Associates. High Peaks Venture Partners also participated in the round. 11.05.09 Highway 12 Ventures Leads Funding of Everlater Everlater, a Boulder, Colo.-based online platform for sharing travel experiences, has raised an undisclosed amount of Series A funding led by Highway 12 Ventures. 10.26.09 TopTenREVIEWS Acquires Space.com, LiveScience.com and Newsarama.com TopTenREVIEWS announced it has acquired the Consumer Media Division of Imaginova Inc. Included in the acquisition are Space.com, LiveScience.com and Newsarama.com. 10.26.09 Samsung and Handmark Announce New Global Venture Fund Samsung Electronics and Handmark® announced the launch of a new Global Venture Fund to invest in companies and/or individuals with innovative, market-changing game ideas for next generation Samsung mobile phones. 10.22.09 WhatToExpect.com Launches iPhone App WhatToExpect.com announced the official of the What to Expect Pregnancy Tracker mobile app for the iPhone. The free app gives expectant parents at-their-fingertips access to track baby’s development. 10.21.09 HealthGuru Raises $3.2 Million For Online Health Video Platform HealthGuru Media announced that Castile Ventures led a $3.2 million Series C financing with participation from existing investor Village Ventures. 10.06.09 Vico Software Adds $3.6M Equity Investment Vico Software completed a $3.6 million round of equity financing led by existing investors Village Ventures, Borealis Ventures and Highway 12 Ventures. 10.05.09 Handmark Launches Amazon Mobile Payments Service Handmark®, a leading creator and distributor of mobile applications and services, announced it is one of the first to launch the Amazon Mobile Payments Service within its mobile content stores. 10.01.09 Borealis Ventures Participates in Adimab Funding Borealis Ventures participated in the Series D funding of Adimab, a world leader in human antibody discovery. The round was lead Google Ventures. 09.02.09 Florida Opportunity Fund commits up to $4M to Inflexion Partners The Florida Opportunity Fund will commit up to $4 million to Orlando-based Inflexion Partners, a venture capital firm focused on early-stage Flordia companies 08.26.09 Silver Becomes President & CEO of Travel Ad Network The Board of Directors of the Travel Ad Network announced that CEO & Founder Cree Lawson has become Chairman of the Board and that Brian Silver has been promoted to President & CEO. 08.26.09 Balihoo Secures $7 Million in New Funding Balihoo announced it has secured $7 million in new funding. Highway 12 Ventures participated in this round of funding led by OpenView Venture Partners. 08.24.09 Daily Makeover Introduces Next Generation Virtual Try-On Technology Daily Makeover introduced the next generation of its virtual makeover application, Makeover Studio, changing traditional marketing relationships for large beauty industry brands, online publishers catering to women and customers themselves. 08.14.09 Waterfront Media Recognized in INC. 5000's Fastest Growing Privately-Held Companies in America Waterfront Media ranks no. 26 of the top 100 media companies on the 2009 Inc. 5,000 with three-year sales growth of 137.7% 08.14.09 Borealis Ventures Backs Speed Venture Summit™ Borealis Ventures has signed on to support the Speed Venture Summit™ 2009. SVS is the premier speed-dating-style event for fast-growth businesses and investors in New England, and will be held on Tuesday October 28, 2009, at the Crowne Plaza in Nashua, New Hampshire. 08.11.09 IZEA Launches Sponsored Tweets Platform IZEA announced the launch of SponsoredTweets.com. The new marketplace connects advertisers with popular and influential Tweeters to help promote products, services and websites via Twitter. 08.10.09 Tweeting for Dollars The New York Times features IZEA in an article about sponsored tweets. 08.04.09 Marketing's Wild West Gets Civilized The FTC brings bloggers into the truth-in-advertising fold. 07.28.09 Extreme Reach Success Fuels Next Round of Funding Extreme Reach, has received additional growth capital from Village Ventures, Greycroft Partners and Long River Ventures to fuel expansion. 07.27.09 Extreme Reach gets add-on to Series A funds Extreme Reach has received an unspecified amount of equity in an inside add-on to their Series A financing. Village Ventures and partner fund Long River Ventures contributed to this add-on. 07.23.09 Village Ventures, Bain Capital back $15M round in TxVia Village Ventures contributed to a $15.5 million Series C round of funding for TxVia, a Nork-based credit-card processing software company. Bain Capital lead the round. 07.23.09 TxVia Raises $15.5M in Series C Financing TxVia, Inc., a pioneer in prepaid card processing announced it has raised $15.5 million in Series C financing. Village Ventures participated in this round. 07.22.09 Everyday Health Adds Prestigious MayoClinic.com to its Portfolio of Sites Everyday Health , the largest online health property, announced that MayoClinic.com has joined its portfolio of award-winning health information Web sites. 07.16.09 Long River Ventures Contributes to Recent MedVentive Funding MedVentive, announced the closing of a Series C $7.25M round of funding. Investors include Long River Ventures, Excel Venture Management, HLM Venture Partners. 07.13.09 Part-time dot-com mom earning money by blogging Lisa Martin, is gaining a following and part-time income as a mom blogger by offering hints on saving money, finding useful household products and dealing with tough family situations. 07.12.09 Approval by a Blogger May Please a Sponsor IZEA is featured in this article about marketers' interest in getting their products into the hands of influential bloggers. 07.01.09 Sensus Acquires Telemetric Corporation Sensus announces that it has acquired the assets and business of Telemetric Corporation, which provides utilities with end-to-end solutions for distribution automation systems. 07.01.09 The NewsMarket To Acquire Medialink The NewsMarket announced that it has entered into a definitive agreement and plan of merger with Medialink Worldwide Incorporated, combining The NewsMarket’s digital video distribution platform with Medialink’s professional services and production capabilities to create a complete video solution for corporate customers. 06.30.09 iSend, LLC, Completes Series A Financing iSend, LLC, an international payments company, announced it has closed its Series A Preferred Stock Financing. Investors include Village Ventures, Gray Ghost Ventures and NextLevel Venture Partners. 06.25.09 Everyday Health Launches an Enhanced Online Companion to Jillian Michaels’ “Master Your Metabolism” The new interactive program from “The Biggest Loser” fitness trainer and life coach offers health, diet, and fitness tools to improve overall health . 06.25.09 Highway 12 Ventures Leads $10.3M Series D Financing of SynCardia SynCardia Systems, Inc., manufacturer of the of world's only FDA-approved total artificial heart, announced that it has raised $10.3 million in its Series D round of funding, led by Highway 12 Ventures. 06.24.09 Travel Ad Network, Announces Partnership With Virgin Atlantic Travel Ad Network announced a partnership with vtravelled.com, Virgin Atlantic's new travel website, which will be added to TAN's portfolio of more than 200 travel planning sites reaching more than 11 million monthly unique visitors in the U.S. alone. 06.24.09 Spring Mill Venture Partners Invests in Scale Computing Spring Mill Venture Partners participated in a $5M round of funding for Scale Computing. The company also received entrepreneurship grants from the state of Indiana and plans to relocate there. 06.09.09 Jack Haire Joins TopTenREVIEWS Board of Directors Jack Haire, recently named CEO of PARADE Publications, has become the newest member of the board of directors of TopTenREVIEWS. 05.29.09 Spirus Medical Announces Complete Examinations of the Small Intestine Using Endo-Ease Spirus Medical, Inc. announced that physicians using its Endo-Ease(TM) line of devices have performed complete examinations of the small intestine, or pan-endoscopy. 05.28.09 Daily Makeover Expands Virtual Try-on Technology to International Beauty Marketplace Daily Makeover announced its expansion into the beauty communities of France, Germany and Italy. 05.12.09 Babble Raises $1 Million For Hipster Parenting Site Babble, a magazine and parenting community site aimed at urban hipsters, has secured $1 million in Series A funding from Greycroft Partners. 05.11.09 Loans You Pay Every Day On Deck Capital is featured in this story about small business loans. 05.11.09 Avedro sees $10M financing round Medical device maker Avedro Inc. has raised a $10 million round of equity venture capital funding for its microwave-based surgery procedure capable of treating myopia without using invasive laser vision correction. 05.11.09 Moms Blog for Freebies IZEA is featured in this article about mommy bloggers. 05.06.09 Today's tykes: Secure kids or rudest in history? Babble is featured in this article about parents' focus on building self-esteem may cause a lack of empathy in children. 04.20.09 Biolex Begins Phase 2B Trial of Locteron Biolex Therapeutics began patient dosing in the Phase 2b trial of its lead product candidate Locteron for the treatment of chronic hepatitis C. 04.09.09 A Who's Who of Small-Business Lenders On Deck Capital is features in this Reader's Digest round-up of small business lenders. 03.31.09 Borealis Participates in SpaceClaim Funding SpaceClaim announced that the company has secured an additional $7 million in funding. Borealis Ventures co-led this series with Kodiak Venture Partners, Needham Capital Partners, and North Bridge Venture Partners. 03.27.09 Extreme Reach Raises More Capital Extreme Reach raised an undisclosed amount of venture financing from investors including Greycroft Partners, Village Ventures and Long River Ventures 03.24.09 Extreme Reach Secures Additional Funding Extreme Reach, Inc. announced that it has secured investment from Greycroft Partners LLC. Village Ventures and Long River Ventures, the company's initial investors, also participated in the additional funding. 03.24.09 High Peaks Venture Partners Invests in Flat World Knowledge Flat World Knowledge announced the closing of an $8 million Series A funding with participation from Valhalla Partners, Greenhill SAVP and High Peaks Venture Partners. 03.23.09 CMiC and Vico Software Partner to Take BIM to the Enterprise CMiC has formed a strategic development relationship with Vico Software to jointly develop deep integration between their BIM and ERP solutions. 03.12.09 Waterfront: The Conde Nast of Web Health Everyday Health, owned by Waterfront Media in Brooklyn, N.Y., is a conglomeration of diet, pregnancy, and disease-specific sites. It bumped WebMD out of the top position last October. 03.10.09 Paid blogger coverage gets mixed reviews The practice of paying bloggers for coverage has not yet gained widespread acceptance in the PR world, but companies are increasingly using the tactic. 03.09.09 Venture Into Lean Times Bo Peabody and other industry professionals offer advice on securing funding during tough economic times. 03.04.09 GetWellNetwork Closes $10 Million Financing GetWellNetwork, Inc. received $10 million in a Series C financing round, which included participation from Village Ventures, Johnson & Johnson Development Corporation (JJDC), Valhalla Partners, Grosvenor Funds and Point Judith Capital. 02.24.09 ImageSpan signs up more groups for its photo-licensing technology ImageSpan has teamed with the National Press Photographers Association (NPPA), PMA: the Worldwide Community of Imaging Associations, and the American Society of Media Photographers (ASMP) to provide two versions of its LicenseStream Creator service to photographers, who can mark their photos for automatic tracking on the internet. 02.23.09 HTG and CRL Form Partnership HTG, Inc. and Clinical Reference Laboratory, Inc. have signed a multi-year agreement under which CRL Global Services will provide CLIA certified laboratory services for HTG’s pharmaceutical, biotech and academic clients. 02.23.09 Makeover Solutions to Introduce Targeted Content Packages Makeover Solutions, Inc. announced plans to deliver a range of targeted content packages developed around specific themes and events, including the Academy Awards. 02.17.09 Phreesia Secures $11.6M Series C Funding Phreesia announced the close of an $11.6 million investment. BlueCross BlueShield Venture Partners, L.P. and Sandbox Industries led the round, joining existing investors Polaris Venture Partners, HLM Venture Partners, and Long River Ventures. 02.17.09 Everyday Health Announces Most Successful Quarter to Date Everyday Health claimed the title of most visited online consumer health network for the last three months of 2008 and January 2009, as well as one of comScore’s 2008 Digital Year in Review top five gaining U.S. properties for 2008. 02.17.09 Dartmouth College: An Innovation Hub in Northern New England Borealis Ventures is featured in this article on venture capital in Hanover, NH. 02.15.09 Fashion Week Gets A Daily Makeover Daily Makeover is now the first virtual makeover site to let visitors try on Fashion Week's hottest trends. 02.09.09 FetchDog.com Announces $4 Million Financing FetchDog.com, a leading online destination for dog owners to shop, learn and socialize, announced that it has closed a $4 million round of funding led by Borealis Capital Partners and Harbor Light Capital Partners. 02.05.09 Handmark Acquires Mobile RSS App Firm FreeRange Handmark, the Kansas City, MO-based mobile applications and software firm, has acquired FreeRange, the Portland, OR-based mobile RSS applications firm. 02.05.09 Handmark Acquires FreeRange Communications to Expand Mobile Media Offerings Handmark® and FreeRange Communications announced that Handmark will acquire FreeRange Communications, a privately held mobile technology company. 02.05.09 Bo Peabody's Book Featured in "100 Best Business Books" Bo Peabody's book, Lucky or Smart? is featured in the new book The 100 Best Business Books of all Time. 02.04.09 Babble Media peddles parenting advice to city-dwelling hipsters Online magazine Babble Media raised $2 million from Village Ventures to continue developing its site and grow its sales operations 02.03.09 Marketers go 2-way with social networking IZEA is mentioned in this piece on marketing through social networks. 02.02.09 Niche Firms Gain Ground Against Online Travel Giants Travel Ad Network is featured in this piece about the increasing competition in the online travel market. 01.30.09 Nerve.Com Kicks Parenting Site Out of the Nest Rufus Griscom, founder of the racy Web publication Nerve.com, spawned Babble, a parenting Web site aimed at urban hipsters. 01.28.09 Point Judith Capital Invests in Sittercity.com Sittercity.com has closed $7.5 million in equity financing, co-led by Point Judith Capital and Apex Venture Partners. 01.27.09 Extreme Reach Appoints Former AOL Executive to Board of Directors Extreme Reach, Inc. announced the appointment Tom MacIsaac to its board of directors. MacIsaac has a long history of working with leading technology companies and was formerly CEO of Lightningcast, and an executive at AOL. 01.27.09 Ifbyphone Application Gives Batteries Plus a Jolt Store locator solution helps battery retailer improve customer service. 01.21.09 Extreme Reach Launches Extreme Reach announced the launch of their all-software platform that enables advertisers and agencies to deliver, manage and track their commercial messages across TV, Web and mobile. 01.20.09 Village Ventures Invests in Extreme Reach Extreme Reach Inc. has secured $1.5 million in Series A funding for its bootstrapped cross-media delivery service to advertisers and ad agencies. Village Ventures and Long River Ventures participated in the round. 01.12.09 Brands Tap Web Elite for Advertorial 2.0 Izea is featured in this article about bloggers are creating content on behalf of sponsors thirsty for buzz. 01.09.09 N.Y. new media pull from Boston VCs, technology Bo Peabody contribute to this article on MA-based VC firms investing in NYC-based new media companies. 01.06.09 Everyday Health Announces the Launch of Joy Bauer’s LIFE Diet Online New online program from TODAY Show nutrition expert provides custom weight loss plan, personal diet and fitness coaching. 01.05.09 HTG Introduces New Product to Measure MicroRNA HTG, Inc. announced the availability of a customizable qNPA™ ArrayPlate to measure microRNA (miRNA) or other small RNA molecules. 12.30.08 A Modest Blogging Proposal IZEA, a Village Venture portfolio company is featured in this conversation about the "pay per post" model. 12.28.08 Will Work for Praise: The Web's Free-Labor Economy Bo Peabody comments on the online business model that has Americans happily toiling for attention on for-profit sites that don't pay them money. 12.22.08 2008 Year in Review: Me-too VoIP mob gets right-sized and diversified Ifbyphone, a Village Ventures portfolio company, is featured in this piece about the diversification of the VoIP market. 12.18.08 Starting up: 12 tips on the most important aspects of managing your business Highway 12 Venture's managing partner Mark Solon offers advice on building a business. 12.16.08 Highway 12 Invests in Rebit Rebit Inc. announced that it closed its Series B round of financing, for a total of $5.7 million. Highway 12 Ventures is among the participating investors. 12.16.08 Highway 12 Ventures Participates in Rebit Funding Rebit Inc. has raised $5.7 million in Series B funding. Backers include Access Venture Partners, Grotech Ventures, and Highway 12 Ventures. 12.15.08 Outside.In Adds Funding Hyperlocal content network Outside.In has secured an undisclosed amount of funding. 12.15.08 Hyper-Local News Service Outside.In Grows Some Web entrepreneurs are starting companies to try to resuscitate local news. One of those start-ups, Outside.In, announced its latest round of funding Monday. 12.15.08 Partner with Customers To boost revenue, target customers' goals. That's how On Deck Capital -- a private funding firm for small businesses -- has blazed a path of high growth. 12.12.08 Kmart Enlists Bloggers To Get The Good Word Out A sponsored social networking campaign, run by Izea, is yielding big buzz for Kmart. 12.10.08 Handmark Launches Astraware Board Games for iPhone and iPod Touch Handmark announced Astraware Board Games, a collection of eight classic board games is now available for the iPhone and iPod touch on the Apple App Store. 12.09.08 GetWellNetwork Hits Milestone with Patient Pathways Technology GetWellNetwork announced that more than 2 million Patient Pathways have been deployed to help hospitals engage patients in care process and drive performance improvement. The company has also received U.S. trademark. 12.02.08 Apprenda Releases SaaSGrid Apprenda announced the release of its Software as a Service (SaaS) platform SaaSGrid™. 12.02.08 Ifbyphone Names Industry Veteran Todd Curry VP of Marketing Ifbyphone announced the addition of Todd Curry, a veteran of Orbitz, HSBC and Intel, to its executive team as the company's first VP of marketing. 11.27.08 Indiana Drawing Attention of Venture Capital Crowd David Mann of Spring Mill Venture Partners is quoted in this article about Indiana bucking a national downturn in venture-capital financing. 11.25.08 Kluster Supports New Global Online Initiative Kluster is helping the winner of the 2008 TED prize to promote compassion around the world. 11.24.08 HTG Names New VP of Corporate Development HTG, Inc. announced that it has appointed Fredrick L. Pollock to Vice President of Corporate Development. 11.20.08 Borealis Ventures Co-leads Series C Round for Adimab, Inc. Adimab, Inc., a leading antibody discovery company, today announced the closing of a Series C financing. 11.20.08 Venturing Forward: Interview With Ifbyphone CEO Irv Shapiro in Chicago Ifbyphone, a recent Village Ventures investment, offers telephony features to small and medium-sized businesses. 11.18.08 Long River Ventures Invests in Qteros Long River Ventures participated in a $25 million Series B round of financing of Qteros, formerly known as SunEthanol. 11.17.08 On Deck Capital Announces Alliance With Promontory Interfinancial Network On Deck Capital announced that it has teamed with an affiliate of Promontory Interfinancial Network to provide local small businesses with the Proceed(SM) Business Loan. 11.17.08 Ifbyphone to receive $4.6 million infusion Ifbyphone, which provides Web-enabled phone services for small and midsize businesses, plans to announce $4.6 million in new funding from five venture firms. 11.17.08 Ifbyphone Secures $4.6 Million in New Round of Funding Ifbyphone has secured $4.6 million in a second round of institutional funding from five venture capital firms. 11.17.08 Vico Software and Trimble to Integrate Workflows Trimble and Vico Software announced the workflow integration of the Vico 5D Virtual Construction(TM) Suite and Trimble construction layout solutions. 11.10.08 Travel Ad Network Takes Over Top Spot in comScore's Travel Information Rankings Travel Ad Network is now the web's largest travel information source in total audience according to Sept 2008 comScore data. 11.10.08 Ifbyphone Releases Second Apple iPhone Application Ifbyphone announced its second app for the Apple® iPhone™, enabling business people to launch phone conferences instantly by making simultaneous outgoing calls to participants. 11.10.08 NativeEnergy Ranks #1 in Independent Report NativeEnergy has been ranked #1 in a new white paper published by three independent, sustainability focused organizations: Bainbridge Graduate Institute, Carbon Concierge, and Social Venture Network. 11.05.08 Extreme Reach Secures Venture Investment to Fuel Growth Village Ventures leads funding for Extreme Reach. 11.05.08 Travel Ad Network Launches "Mapvertising" Travel Ad Network announced that through a partnership with Lat49, it now offers advertisers the ability to deliver geo-contextually targeted display ads across a wide variety of online map sites. 11.05.08 FierceVoIP Names Ifbyphone as One of the “Fierce 15" VoIP Companies of 2008 Ifbyphone announced that it has been named to the annual FierceVoIP “Fierce 15” list, designating it as one of the top IP communications companies of the year. 11.03.08 Vico Software Unveils Virtual Construction 2009 Vico Software is pleased to announce the upcoming release of the 2009 Virtual Construction Suite. This major release of the software extends a basic BIM model to 4D for scheduling and 5D for costing. 10.23.08 ImageSpan Adds Digital Content Tracker to its LicenseStream Creator Pro Service ImageSpan Inc. announced the addition of a new content tracker to its Web-based LicenseStream Creator PRO service, delivering the first service to offer both tracking and licensing to creators and owners of digital content. 10.22.08 Daily Makeover Makes Beauty A New Adventure Every Day Refresh, Reinvent And Repeat Daily Makeover is breaking the mold in virtual makeovers with its revolutionary beauty content and online tools designed to inspire women everywhere to "refresh, reinvent and repeat" their personal style daily. 10.22.08 Yahoo Health Signs Pact with The Everyday Health Net Yahoo Health has inked a licensing agreement with The Everyday Health Network that will see the portal featuring content from various Everyday-managed sites. 10.21.08 Izea Starts Blogger Advisory Board Izea announced that it has established a blogger advisory board to help it expand its presence online. 10.15.08 Start-Ups Give Idaho an Identity Beyond Potatoes Village Ventures portfolio company Balihoo and partner fund Highway 12 Ventures are featured in this article on start-ups in Idaho. 10.13.08 Lending, With a Twist As the credit crisis deepens and Wall Street roils, it's getting tougher for small companies to land bank loans. For On Deck Capital Inc., that situation spells opportunity. 10.13.08 Ifbyphone Links Phone Call Data To Google Analytics Ifbyphone announced that marketers will now be able to integrate direct-response call data with Web-based advertising information available from Google® Analytics*, making it possible to gauge the overall effectiveness of a lead-generation campaign. 10.09.08 VoodooVox’s In-Call Media Advertising Solution Recognized as Finalist for Hispanic Media Innovation VoodooVox has been recognized by the 2nd Annual Hispanic Digital and Print Media Awards for its unique and successful ability to help brands reach and engage U.S.-based Hispanics. 10.08.08 Travel Ad Network Adds G.A.P Adventures Travel Ad Network announced the addition of G.A.P Adventures, the world's leading adventure travel company, to its portfolio. 10.06.08 Online-Health Deal Is Challenge to WebMD Online health-information companies Waterfront Media, a Village Ventures portfolio company, and Revolution LLC's Revolution Health Network agreed to merge in a deal that could potentially threaten WebMD Health Corp.'s No. 1 spot. 10.06.08 Biolex Therapeutics Completes $60 Million Series D Financing Biolex Therapeutics, Inc. announced the closing of a $60 million Series D financing led by Clarus Ventures, with OrbiMed Advisors participating as a new investor. 10.03.08 Waterfront Media to Merge with Revolution Health Network Waterfront Media and Revolution Health Network have signed a definitive agreement to merge that will create a new powerhouse in the online health space. 10.02.08 Two Online Health Site Operators to Announce a Merger In a deal that threatens WebMD’s dominance in the health care space, Revolution Health Network announces merger with Waterfront Media. 09.16.08 SBA Communications Announces Closing of Optasite Acquisition SBA Communications Corporation announced that it has completed the acquisition of Optasite Holding Company Inc. Both Village Ventures and Long River Ventures were investors in Optasite. 09.15.08 GateRocket Receives $3M In Venture Financing Long River Ventures, a Village Ventures Partner Fund, leads financing for GateRocket along with New Atlantic Ventures and Massachusetts Technology Development Corporation. 09.15.08 Travel Ad Network Approaches 25 Million Global Uniques With Addition of Maps.com Travel Ad Network has partnered with Maps.com, a leading provider of mapping products and solutions to business, education and consumer markets, bringing the network's global audience reach to nearly 25 million. 09.14.08 Show me the money Bela Musits of High Peaks Venture Partners spoke with the Times Union about how venture capital operates. 09.13.08 DeKorte Joins Travel Ad Network Jeffrey John DeKorte joined Travel Ad Network as vice president, product development. He was president and chief operating officer at LeisureLogix. 09.13.08 Four Sources of Alternative Funds Mitch Jacobs of On Deck Capital is featured in an article about alternative lending sources for small businesses. 09.09.08 Vico Software Heads Back to School 5D BIM Education Programs Support Students, Teachers, Universities, as Well as General Contractors and Owners 09.03.08 HTG Introduces the Industry's First Multiplexed Mini-Microarray Solution HTG, Inc. has introduced the M3(R) Series, the industry's first multiplexed mini-microarray solution for biomarker discovery and gene profiling. 09.01.08 As ad network growth surges, a vertical focus takes forefront Travel Ad Network is featured in this article on the market for online advertising networks. 09.01.08 Time to Modernize Steve Massicotte was featured in the September issue of Venture Capital Journal in an article about the modernization of portfolio management systems. 08.25.08 Travel Ad Network Adds Two: IATA, tripwolf Travel Ad Network, the top ad network in travel, added the IATA Travel Centre and tripwolf to its swelling ranks. 08.22.08 Regenesis Biomedical Announces Additions to Board of Directors Regenesis Biomedical, Inc. announced the addition of two members to its Board of Directors. The two new directors are Peter G. Savas, Chairman and CEO of Alseres Pharmaceuticals, and Charles “Chuck” S. Lunden, a principal with Bederson and Company. 08.08.08 Entrepreneurs Flock To Online Travel A profile of two online travel entrepreneurs who have built substantial revenues with very little investment, including Cree Lawson, founder of Travel Ad Network, a Village Ventures portfolio company. 07.29.08 Clear Channel's KBFM Radio Partners with RadioVoodoo Last week tropical cyclone Dolly wreaked havoc on southern Texas, causing over $1.5B in damage. Texas listeners turned to KBFM for real-time reporting, storm tracking, and emergency information. Using VoodooVox's RadioVoodoo technology, communities were able to call in and get the most timely information fed remotely from local news sources. 07.29.08 MedVentive Builds Foundation for Growth MedVentive has taken significant steps to accelerate its growth with the addition of Nancy J. Ham as president and a member of the Board of Directors, and closing an additional $3.55M Series B investment from its existing investors. 07.22.08 Optasite, SBA closing $430M deal Optasite Inc., the country’s fifth-largest tower operator, will be purchased by SBA Communications Corp. in a $430 million deal expected to add 548 towers in 31 states. 07.22.08 SezWho and IZEA Form Partnership SezWho and IZEA have formed a partnership that will help bloggers within the SocialSpark social media marketing network build and monetize their reputations based on participation. 07.21.08 SBA Communications Corp Agrees to Acquire Optasite SBA Communications Corporation and Optasite Holding Company Inc. announced that they have entered into a definitive merger agreement under which a newly formed SBA subsidiary will merge with Optasite, which will then become a subsidiary of SBA. 07.21.08 Idaho venture capital, angel market makes solid increase Highway 12, a Village Ventures' partner fund, is featured in this article about the increase in deal volume in Idaho. 07.21.08 SBA Communications to buy Optasite Wireless infrastructure operator SBA Communications Corp. said Monday that it will buy tower company Optasite Holding Company Inc. 07.21.08 Persystent, Lifestyle Family Fitness, lead local VC investment Village Ventures' portfolio company Persystent Technology Corp. led Florida state in venture capital investment for the second quarter pulling in $11.6 million. 07.16.08 Cure for the Credit Crunch? Village Ventures' Matt Harris is featured in this article on the number of new businesses entering the credit arena that cater to small business owners. 07.14.08 Swarraton's TheraGenetics Licenses Intellectual Property TheraGenetics Limited announced that it has completed an agreement with the Centre for Addiction and Mental Health in Ontario, Canada, to license intellectual property related to methods and kits for determining the susceptibility of a patient to certain side-effects of anti-depressants. 07.14.08 Peer lending offers new path to cash Village Ventures porfolio company, On Deck Capital is featured in this article about the rise of online social lending. 07.10.08 Economist Dr. Alan Blinder Joins Board of On Deck Capital On Deck Capital, the first-of-its kind financing solution for small businesses, announced today that preeminent economist Dr. Alan S. Blinder has joined its Board of Directors. 07.10.08 Economist Dr. Alan Blinder Joins Board of On Deck Capital On Deck Capital announced that preeminent economist Dr. Alan S. Blinder has joined its Board of Directors. 07.10.08 Jack Haire Named to Balihoo's Board of Directors Balihoo announced today that Jack Haire, former Executive Vice President of Time Inc, a division of Time Warner, will be joining the Balihoo Board of Directors. 07.08.08 Travel Ad Network Adds Kenner Keith Kenner joins Travel Ad Network as the director of midwest sales. Kenner was the former sales director at Business Week. 07.07.08 Travel Ad Network Packs a Punch Travel Ad Network, a Village Ventures portfolio company, has experienced strong traffic growth in the past year. 07.07.08 Swarraton Invests in Micrima Micrima, a Bristol University spin-out company formed to commercialise the breast screening technology, recently secured £2m of investment from a syndicate of co-investors led by YFM Group and Swarraton Partners. 07.02.08 TopTenReviews raises $6 million for shopping comparisons TopTenReviews has raised $6 million to expand its business of providing consumers with side-by-side product and pricing comparisons. Investing companies include Village Ventures and Highway 12 Ventures. 07.01.08 TopTenREVIEWS Lands $6 Million for Product Reviews Site TopTenREVIEWS announced Tuesday that it has raised $6 million in new funding from Highway 12 Ventures and Village Ventures. 06.27.08 Viator joins Travel Ad Network Travel Ad Network has announced that Viator.com has joined the Network adding over 2 million monthly unique visitors and bringing the total TAN US and UK audience to over 17 million. 06.23.08 Waterfront Founders Look Beyond Book Sites The co-founders of Waterfront Media, a Village Ventures portfolio company, have their sights set on becoming the go-to Web site for all health information. The company is seeking content partners on topics ranging from dermatology to sexual health, whether personalities are coming from print, TV or the Web. 06.18.08 TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B Financing TxVia, Inc., a pioneer in prepaid card processing technology, has changed its name from TxCore, Inc. and secured $8.5 million in venture capital as part of its Series B financing. The funding was led by an existing investor, Espírito Santo Ventures, with participation from the company’s lead Series A investors, Village Ventures and High Peaks Venture Partners. 06.18.08 On Deck Capital Secures $100M Debt Facility On Deck Capital, a Village Ventures portfolio company, announced that it is has forged a partnership with Silar Advisors and secured a $100 million debt facility, enabling them to deliver much needed capital to millions of America’s small businesses that are unable to access traditional bank loans. 06.17.08 VoodooVox Teams up with WeMix WeMix.com, a creation of Grammy Award Winning Artist Christopher “Ludacris” Bridges, Disturbing Tha Peace Entertainment, Inc. and MegaMobile TV, announced today that it has teamed up with VoodooVox to implement its MyVox Voice API onto the WeMix site. 06.17.08 ImageSpan Inc. Secures $11 Million Financing ImageSpan Inc., has closed a second round financing of $11 million from a group led by Bertelsmann Digital Media Investments (BDMI). Existing investors Greycroft Partners, headed by Alan Patricof, and Village Ventures also participated. 06.15.08 New loan option helps good biz grow The Boston Hearld features On Deck Capital, a Village Ventures portfolio company, as a valuable alternative lending source for small businesses. 06.11.08 Quick Take Review: Crowdsourcing with Kluster A review of the online collaboration and decision-making platform, Kluster, a Village Ventures portfolio company. 06.10.08 Waterfront Media Buys Search Company Waterfront Media, a New York-based online health media company, has acquired online search company Netramind. 06.05.08 Small businesses turn to alternative lenders Many banks lending to small companies reported tightening standards in the last three months, according to the Federal Reserve Bank, creating room for alternative lenders such as On Deck Capital to flourish. 06.05.08 New Ideas: Building a Better Blog Brandweek touts the benefits of Social Spark, the latest product from IZEA, a Village Ventures porfolio company. 06.04.08 $2M investment comes to SmartPill High Peaks Venture Partners invests in SmartPill, a non-invasive way of detecting disease in a patient's digestive track. 06.02.08 Persystent Adds $11.6 Million Persystent Technologies, a Tampa, Fla.-based provider of automated PC repair and high-speed imaging, has raised $11.6 million in Series A recap funding. ABS Ventures and Valhalla Partners co-led the round, and were joined by return backers Inflexion Partners, Tall Oaks Capital and Village Ventures. 06.02.08 FreshTracks raises $14M for Vt. growth FreshTracks Capital has raised $14 million for FreshTracks Capital II L.P., a fund that II focuses on venture capital investments in emerging Vermont growth companies. The fund also makes select investments beyond Vermont's borders. 05.20.08 On Deck Capital Bolsters Executive Team With Two Key Hires On Deck Capital, the first-of-its kind fair and fast financing solution for small businesses, announced today the addition of two key executive hires. Michael Johnston joins the company as chief financial officer and senior vice president of processing operations; David Sapuppo joins as vice president of merchant sales. 05.20.08 Regenesis Biomedical Appoints Scientific Advisory Board Regenesis Biomedical, Inc. announced today the formation of a Scientific Advisory Board. The Board’s purpose is to guide advanced scientific investigations into the mechanism of action of Provant, new product development, and further application of Regenesis’ platform technology to clinical and industrial applications. 05.19.08 Swift Financial(R) Marks First Anniversary Showing Growth in All Categories In its initial 12 months, Swift Financial has more than $80 million of assets under management and more than 6,500 customers -- small business owners who appreciate the company's simple approach to banking. 05.18.08 Spirus Medical Announces 510(k) Clearance from FDA for Expanded Use of Endo-Ease(R) Discovery SB(TM) Spirus Medical, Inc., a leading developer of diagnostic and therapeutic advancement systems for gastroenterology and urology, announced that it has received 510(k) clearance from the FDA for an expanded indication for use with its Endo-Ease Discovery SB device, which promotes easier advancement of an endoscope, helping physicians examine and treat GI disorders. 05.15.08 HTG Names BJ Kerns Vice President of Strategic Marketing & Business Development HTG, Inc., announced that it has appointed Billie-Jo (BJ) Kerns as the vice president of strategic marketing and business development. Kerns is responsible for developing and implementing HTG’s strategic marketing plan and business development strategy including HTG’s entry into diagnostics. 05.13.08 Report: One Albany firm received venture funding in 1Q Apprenda, a software company in Clifton Park, was the lone Albany area company to receive venture capital in the first quarter of 2008, according to the latest MoneyTree Report. That came from High Peaks Venture Partners, a Troy venture firm. 05.12.08 IZEA's Popular 'RockStartup' Wins Prestigious Video Podcast Award The Social Media trailblazer captures honors with a fun, autobiographical documentary on its start-Up days. 05.12.08 McCormick Appointed New Chairman Of Waterfront Media Waterfront Media, parent of Everyday Health, appoints cable and online vet Doug McCormick as chairman of the board. He succeeds Bo Peabody, Tripod co-founder and co-founder/managing general partner of Village Ventures, and chairman of Waterfront since 2003. 05.02.08 Nonbank lenders pick up financing slack for small businesses Fewer government-backed loans, tighter banking for small businesses fuel alternative lenders like Village Ventures portfolio company, On Deck Capital. 05.01.08 Businesses try to Net financial assistance Thanks to the Internet and the power of automation, a new wave of online financiers, including On Deck Capital, have emerged help small-businesses get financing to grow. Village Ventures Matt Harris is comments on the growth in this sector. 04.28.08 Vico Software Offers Construction Software for Students and Teachers Vico Software, Inc., providers of Virtual ConstructionTM software and services, today unveiled a new education initiative. The company will offer its signature Virtual Construction 2008 software suite and training materials free of charge to students, teachers, and accredited institutions. 04.24.08 Starting Up: Setting value of young company is more art than science Mark Solon, managing partner at Highway 12 Ventures, a Village Ventures partner fund, contributes a piece to the series "Starting Up" in the Idaho Statesman. 04.22.08 Boom for travel sites — Can they make money? With hundreds of travel sites now existing...how are they all going to make money? Enter Travel Ad Network, TAN, which wants to help place ads at all these sites. It just raised $15 million from Rho Ventures, Village Ventures and individuals. The money will be used to increase advertising across travel websites. The company says it is serving 50 sites already. 04.21.08 Travel Ad Network Closes Series A Institutional Round of Financing Travel Ad Network (TAN), the leading and largest vertical ad network in travel, announced today that it has closed a Series A round of financing. The $15 million round was led by Rho Ventures, Village Ventures and individual investors. 04.20.08 Angel investors can give wings to young companies Bela Musits is the managing director of Troy-based High Peaks Venture Partners, a Village Ventures partner fund, comments on young companies and their need for angel investors. 04.15.08 IZEA Launches SocialSpark(TM) IZEA, the world's largest social marketing network, today unveiled SocialSpark(TM), a first-of-its-kind advertiser focused social network that re-invents the way online marketers identify and empower brand advocates, and the way bloggers monetize their content. 04.08.08 CallMiner and Aspect Software Awarded Contract by Daimler Financial Services Americas CallMiner, the leader in advanced speech analytics, and the PerformanceEdge Group of Aspect Software, the world's largest company focused solely on unified communications for the contact center, have been chosen by Daimler Financial Services Americas to monitor the quality, content, context, intention and outcome of contact center conversations. 04.07.08 SocialSpark: Candy Colored Shilling Village Ventures funded IZEA (formerly PayPerPost) has soft launched their new social network for “posties” Social Spark 04.02.08 Idaho Makes Gains Attracting Venture Capital Village Ventures' Partner Fund Manager Mark Solon discusses the spike in investment in Idaho's high-tech industry. 04.02.08 CareAnyware Gets $2M Credit from SaaS Capital Saas Capital Inc., a Village Ventures' portfolio company, has extended $2 million in credit to CareAnyware, Inc. to further fund its Web-based applications for home health and hospice providers. 03.26.08 Where the next big thing can get a lift off the ground Investors, entrepreneurs connect on the slopes for Peak Pitch, hosted by Village Ventures' partner fund, High Peaks Venture Partners. 03.25.08 Beauty and the Blog Village Ventures portfolio company, Makeover Solutions, is mentioned in an article about Web 2.0 entering the "lipstick jungle." 03.25.08 IZEAFest coming to Orlando in the fall IZEA, a Village Ventures portfolio company, is bringing its annual convention to Orlando in September. 03.14.08 High Peaks Closes Investment in SaaS Platform Company Apprenda High Peaks, a Village Ventures affiliate fund, has invested $500,000 in Clifton Park based Apprenda. The capital will enable Apprenda to complete their beta testing phase and move to full commercial launch of its Software as a Service (SaaS) platform, SaaSGrid. 03.14.08 Media is the message for Village VC Bo Peabody Bo Peabody speaks to Mass High Tech special sections editor Rodney Brown about the state of interactive media in New England. 03.12.08 Lift up the slopes lifts prospects Windham event, organized by High Peaks Venture Partners, pairs entrepreneurs with investors to boost new companies. 03.04.08 Waterfront Media Renews Agreement with South Beach Diet and Rodale Inc. Waterfront Media announced today a multi-year extension of its agreement with South Beach Diet and Rodale Inc. to publish South Beach Diet Online. This agreement marks the five-year anniversary of the launch of the site and the publication of the original South Beach Diet, the bestselling diet book in history. 03.03.08 Putting Innovation in the Hands of a Crowd IF executives are going to rely on the wisdom of the masses for business help, it’s probably time the masses get a little compensation for it. That’s the theory behind Village Ventures' portfolio company Kluster, the newest in a lineup of companies using the Web to channel the collective wisdom of strangers into meaningful business strategies. 02.28.08 Cash to get you off the ground Mitch Jacobs, CEO of On Deck Capital, recommends Village Ventures as a resource for companies looking for early-stage funding. 02.26.08 HTG Appoints Jonathan Sheridan VP of Commercial Operations HTG, Inc., a provider of novel array-based gene expression assay technology and services for the life sciences industry, today announced it has named Jonathan M. Sheridan to the position of Vice President of Commercial Operations. In addition to Sheridan’s appointment, the company also announced the opening of a second office location in Madison, Wisconsin which Sheridan will manage. 02.26.08 Small-business lender gets cash infusion A financial services startup formed by ex-MBNA executives scored a second round of venture capital funding this month...from investors including Sutter Hill Ventures, Village Ventures, Permit Capital LLC and Marchall & Ilsley Corp. 02.21.08 Swift Financial Corporation Raises $20 Million Swift Financial, the direct financial services company dedicated to small business banking, today announced the close of its Series B Preferred Stock financing round of $20 million, bringing the total investment in the company to $26.5 million. Investors included Sutter Hill Ventures, Village Ventures, Permit Capital and a subsidiary of Marshall & Ilsley Corporation. 02.21.08 Gore, Geldof, Venter...And This Guy? Investors, including Village Ventures, have poured $3 millon into Web startup, Kluster. 02.21.08 Swift Financial Corporation Raises $20 Million Swift Financial, the direct financial services company dedicated to small business banking, today announced the close of its Series B Preferred Stock financing round of $20 million, bringing the total investment in the company to $26.5 million. Investors included Sutter Hill Ventures, Village Ventures, Permit Capital and a subsidiary of Marshall & Ilsley Corporation. 02.21.08 Swift Financial plans staff expansion Swift Financial Corp., a Wilmington company that provides electronic-payment and loan services to small businesses, plans to expand its staff to 125 from the current 62 by the end of 2008 after raising $20 million in new funding from Sutter Hill Ventures, Palo Alto, Calif.; Village Ventures, Williamstown, Mass.; and Permit Capital L.L.C., West Conshohocken, Swift chief executive officer Ed Harycki said. 02.19.08 Pogo Jet Sets IPO Terms Pogo Jet Inc., a Village Ventures portfolio company that will offer on-demand jet charter service focused on the East Coast, has set its IPO terms to 7 million common shares being offered at between $12.50 and $16.50 per share. 02.18.08 Kluster’s Market Approach to Crowdsourcing Crowdsourcing may work for Wikipedia, but few commercial companies have figured out how to make it work for them...Ben Kaufman, the CEO of Kluster, a Village Ventures portfolio company, thinks that what is missing are market-like incentives to motivate contributors and push the best ideas forward. 02.06.08 MaxCyte to Present at the BIO CEO & Investor Conference MaxCyte, Inc., a clinical-stage therapeutics company and pioneer in clinical, non-viral cell loading systems, announces Douglas Doerfler, President & CEO, will be presenting at the BIO CEO & Investor Conference in New York, Waldorf=Astoria, on Monday, February 11, 2008 at 11:45AM. 01.30.08 GetWellNetwork hires new CFO GetWellNetwork Inc. has named Irwin Studen as new chief financial officer. Studen previously consulted a portfolio company of Chicago-based private equity firm GTCR Golder Rauner LLC. 01.29.08 Talkster Partners with VoodooVox for Free Ad-Supported Calls Award-winning Voice 2.0 company Talkster announced today a strategic partnership with advertising services firm, VoodooVox™, to ad-enable Talkster calls around the globe. 01.28.08 So Many, Many Words LOGIN REQUIRED A couple of years ago, Travelocity decided it had to get to know its customers better....so they turned to software maker Attensity Corp., to quickly analyze documents and pull out vital customer information. 01.24.08 Venture Firms Peek Out Of Silicon Valley Venture capital is slowly going national. The most well-known names on the Midas List still come from the two poles around which the venture capital world revolves--Sand Hill Road in Palo Alto, Calif., and Route 128, near Boston..."The dominance of Silicon Valley in the total venture industry is not going to last forever," says Village Ventures co-founder Matt Harris. 01.22.08 HTG Appoints TJ Johnson President and CEO HTG, Inc., a provider of novel array-based gene expression assay technology and services for the life sciences industry, today announced that it has appointed Tim (TJ) Johnson to the position of president and chief executive officer. 01.22.08 Makeover Solutions Taps McClennan Leading the charge in innovative and engaging beauty technology, Makeover Solutions “makes over” its executive team with the appointment of Jeannette McClennan as CEO and President. 01.15.08 VoodooVox in Fortune Magazine: Mehta Data Internet telephony companies seek to sell seconds of airtime before connecting your calls. 01.14.08 Report: VC Q4 fund-raising stays flat against '06 New England venture capital firms raised the same amount of funds during the fourth quarter 2007 compared with the same period in 2006, according to a new report. 01.11.08 Invitrogen Buying CellzDirect Invitrogen Corp. has agreed to acquire CellzDirect Inc., a Durham, N.C.-based provider of hepatocyte-based cell products and related services used in the testing of new drugs. The deal is valued at $57 million in cash, and is expected to close later this quarter. CellzDirect generated around $18 million in 2007 revenue, and has raised around $13 million in VC funding since 2002 from firms like Technology Funding, Solstice Capital, Valley Ventures, Village Ventures and Grayhawk Venture Partners. 01.11.08 Everyday Health Is The Fastest Growing Online Health Property In 2007 Only a year after its launch, Everyday Health, which is operated by Waterfront Media, the largest privately held online health company, reports that year to year traffic has increased over four hundred percent. 01.10.08 Invitrogen Announces Acquisition of CellzDirect Invitrogen Corporation (NASDAQ:IVGN), a provider of essential life science technologies for research, production and diagnostics, today announced it has entered into a definitive agreement to purchase privately-held CellzDirect, Inc., based in Research Triangle Park, North Carolina, in a cash transaction for approximately $57 million. 01.01.08 Comp Study |
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