DUNMORE, Pa.----First National Community Bancorp, Inc. reported today it has completed its previously announced sale of $25 million of subordinated notes, which will mature on September 1, 2019.
Read more »Published scoops - Venture Capital
FNCB Completes $25 Million Sale of Subordinated Notes (Business Wire)
Mindspeed Announces Closing of $18.3 Million Common Stock Offering (Business Wire)
NEWPORT BEACH, Calif.----Mindspeed Technologies, Inc. , a leading supplier of semiconductor solutions for network infrastructure applications, today announced the closing of its previously announced public offering of 2.52 million shares of common stock, at a price of $7.25 per share.
Read more »Hercules Technology Growth Capital Provides an Additional $3.0 Million of Capital to InfoLogix, Inc. to Launch New Products Roll-Out and Fund New Growth (Business Wire)
PALO ALTO, Calif.----Hercules Technology Growth Capital, Inc. , the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that it has increased its commitment to grow the operations of InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries.
Read more »Wonmore Investing Nearly $2 Million Into Endeavour High-Rise on Clear Lake (Business Wire)
AUSTIN, Texas----Houston-based Wonmore Ltd. announces they are investing nearly $2 million to renovate and repair the Endeavour Clear Lake luxury high-rise. Wonmore, a single purpose entity and partnership created for the acquisition of the property, purchased the remaining 44 condominiums in the Endeavour luxury high-rise on Clear Lake, located at 4821 NASA Parkway in Pasadena, Texas, for $9.5 million on December 16, 2009.
Read more »Testar Expands LED Chip Testing Services with Green Light on WI Harper Group Investment (Business Wire)
TAIPEI, Taiwan----Testar Electronics Corporation, specialists in testing and optimizing Light Emitting Diode chips and a subsidiary of Chroma ATE Inc. , today announced it has signed definitive agreements to become an independent entity and to receive an institutional investment from WI Harper Group.
Read more »NEA Announces Appointment of Ron Bernal as Venture Partner (PR Newswire)
New Enterprise Associates, Inc. , a leading global venture capital firm, today announced that technology industry veteran Ron Bernal has joined the firm as a Venture Partner. In this new role, Mr.
Read more »Carticept MedicalTM Announces $20 Million Series B Financing (Business Wire)
ALPHARETTA, Ga.----Carticept Medical, Inc., a developer of innovative products for the treatment of cartilage injuries and osteoarthritis, today announced that it has completed a $20 million Series B financing round.
Read more »SiBEAM, Inc. Secures $36.5 Million in Series D Funding (Business Wire)
SUNNYVALE, Calif.----SiBEAM, Inc., the leading innovator of millimeter wave solutions and developer of high-speed wireless communications platforms, today announced the closing of $36.5 million in Series D funding led by Foundation Capital.
Read more »Scale Computing Secures $9.0 Million Series B Investment (Business Wire)
INDIANAPOLIS----Scale Computing, a developer and manufacturer of complete, end-to-end midmarket clustered storage solutions, announces its Series B investment totaling $9.0 million.
Read more »Alamo Energy Corp. Completes Additional Financing (Business Wire)
LONDON----Alamo Energy Corp. , is pleased to announce that Eurasian Capital Partners has provided an additional $300,000 to fund the companyâs continuing expansion.
Read more »Hallmark Venture Feature of IC Places Story; "Great Companies Are Built on Great People" (Business Wire)
VILLA PARK, Calif.----Hallmark Venture Group, Inc. is the subject of a new IC Places article entitled “Step Two In Finding Investment Gold.”
Read more »Promontory Financial Group Study Cites Inherent Problems With A Pre-Funded Systemic Dissolution Fund for Financial Firms (Business Wire)
WASHINGTON----A systemic dissolution fund for large failing financial institutions that is pre-funded through assessments on other financial firms would hamper economic growth, promote riskier activity among financial institutions, and be unfair to participating financial firms, according to a study released today by Promontory Financial Group.
Read more »Solar Power, Inc. Receives Initial Commitment of $24.7 Million from $787 Billion American Recovery and Reinvestment Act (ARRA) (Business Wire)
ROSEVILLE, Calif.----Solar Power, Inc. announced today that it has received an initial commitment of $24.7 million in Recovery Zone Facility Bonds by Sacramento County and is exploring plans to open a manufacturing facility within Sacramento County to build its high-performance solar panels.
Read more »Institute for Systems Biology Receives $6 Million Gift from Anonymous California Donor (Business Wire)
SEATTLE----The Institute for Systems Biology, an independent, non-profit biomolecular research institute, has received a $6 million gift from a California venture capitalist and philanthropist to support strategic organizational objectives.
Read more »Dallas Film Society Announces Receipt of $200,000 Challenge Grant (Business Wire)
DALLAS----The Dallas Film Society announced today that an anonymous donor has endowed the Society with a challenge grant of $200,000.
Read more »WhiteGlove Secures Funding for National Expansion (Business Wire)
AUSTIN, Texas----WhiteGlove House Call Health, Inc. , a new provider choice in medical care that offers affordable, high-quality routine care at the home or work, announced today that it has closed a series C round of funding to start expanding outside of Texas.
Read more »John Muir Medical Center Auxiliary Gives $1 Million Toward $2.5 Million Pledge (Business Wire)
WALNUT CREEK, Calif.----John Muir Health Foundation, the charitable fundraising organization for all John Muir Health programs and services, has received a $1 million installment from the John Muir Medical Center Auxiliary, Walnut Creek towards their $2.5 million Capital Campaign pledge to support the current $621 million hospital expansion at the Walnut Creek Campus.
Read more »SeventySix Capital to Participate in Inaugural Department of Commerce Global Road Show (Business Wire)
WEST CONSHOHOCKEN, Pa.----On March 7th, SeventySix Capital joined 9 other U.S. private equity and venture capital firms on an inaugural Global Road Show. The 14-day global tour is the first in a series of Global Road Shows produced by RG and Associates and supported by the U.S.
Read more »DIRECTV Holdings LLC Announces Launch of Senior Notes Offering (Business Wire)
EL SEGUNDO, Calif.----DIRECTV Holdings LLC , an indirect subsidiary of DIRECTV , announced today that it plans to offer, subject to market and other conditions, a benchmark size issuance of senior notes.
Read more »eXo Accelerates U.S. Operations with $6 Million Series A Financing (PR Newswire)
eXo, provider of Java middleware for cloud services, today announced an infusion of $6 million in venture capital financing from Auriga Partners and XAnge Capital. With the new funds, eXo accelerates its U.S. operations, including ramping up marketing and sales.
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