Funding and Investment News

Funding and Investment News – including business funding, finance, private investments and related business news issued by the Send2Press Newswire service.


Cold Chain Capital, LLC launches: Private Equity Firm Focused on Air Conditioning and Refrigeration

SYRACUSE, N.Y., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — Cold Chain Capital LLC (“Cold Chain Capital”), a Fayetteville, N.Y.-based private equity firm, announced its launch today. The company focuses on the heating, ventilation, air conditioning and refrigeration industry (“HVACR”).

Chartered Retirement Planning Counselor shares how to engage your grown kids about preparations for their own retirement

WASHINGTON, D.C., Aug. 20, 2018 (SEND2PRESS NEWSWIRE) — In his compact new book, “Parent’s Guide to Your Child’s Retirement: 21 Thought-Provoking Conversations to Have with Your Adult Children” (ISBN: 978-0999641415) Chartered Retirement Planning Counselor(SM) Rodger Alan Friedman, delivers an easy to follow structure that may serve to enable you and your adult children to have positive, engaging and thoughtful conversations regarding their future retirement.

Klingenstein Fields Wealth Advisors Ranked in Financial Times 2018 Top 300 Registered Investment Advisers

NEW YORK, N.Y., June 28, 2018 (SEND2PRESS NEWSWIRE) — Klingenstein Fields Wealth Advisors (KFWA) is pleased to announce it has been named to the 2018 edition of the FT 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S.

Cloudvirga Raises $50M to Deliver a Truly Digital Mortgage Experience

IRVINE, Calif., May 16, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital with ongoing participation from Upfront Ventures.

Jallo Oil Distributors’ President is Major Benefactor for Soon to Be Released Documentary on Christian Persecution

TAMPA, Fla., March 27, 2018 (SEND2PRESS NEWSWIRE) — Patrick Carberry, founder Joshuacord Inc., has teamed up with In Altum Productions, film director Jordan Allott, and Paul Jallo, president, Jallo Oil Distributors’ to produce a much-needed documentary that addresses the plight of Christian persecution in the Middle East and Africa. Joshuacord is a non-profit 501(c)(3) organization developed to help people persecuted for their Christian faith.

Virginia Startup CounterFlow AI closes $2.7M Seed Round

CHARLOTTESVILLE, Va., Feb. 27, 2018 (SEND2PRESS NEWSWIRE) — Cybersecurity startup CounterFlow AI announced last week that it has raised $2.7 million in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the founders’ previous venture, nPulse Technologies (acquired by FireEye in 2014).

Neurotech Reports Announces 2018 Investment and Management Conference for Bioelectronic Medicine

NEW YORK, N.Y., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — Neurotech Reports, the publisher of Neurotech Business Report newsletter, today announced the launch of the Bioelectronic Medicine Forum, the first investment and management conference for the bioelectronic medicine industry. The inaugural event will take place on March 22, 2018 at the Millennium Broadway Times Square in New York, N.Y.

Paragon Insurance Holdings Announces Equity Investment from Edgewood Partners Insurance Center and Oak Hill Capital Partners

AVON, Conn., Jan. 29, 2018 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings, LLC (“Paragon”), a national multi-line specialty MGA, announced today that Edgewood Partners Insurance Center (EPIC) and Oak Hill Capital Partners have taken an equity stake in the company. The investment from EPIC and Oak Hill will further propel Paragon’s organic and M&A growth strategies and create greater opportunity for Paragon’s agency, carrier and reinsurance trading partners.

In This Season of Thanksgiving Dunlap Gift of $350,000 Benefits Guardian Angels Medical Service Dogs

WILLISTON, Fla., Dec. 13, 2017 (SEND2PRESS NEWSWIRE) — Guardian Angels Medical Service Dogs, Inc. a national 501(c)(3) non-profit, located in Williston, Fla., and the Community Foundation for Ocala Marion County are proud to announce, and extend our heartfelt thanks and appreciation to Al and Judith Dunlap for their incredibly generous gift of $350,000 to support the work of training medical service dogs for Veterans and First Responders.

Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation

DENVER, Colo., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) — Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.

Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms

SHERMAN OAKS, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) — Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation’s top 20 mortgage originators and the fourth-largest home loan servicer in the country.

New Talking Lexa Bear Turns Your Digital Assistant Into Your Forever Friend

AUSTIN, Texas, Oct. 11, 2017 (SEND2PRESS NEWSWIRE) — Wetwire Robotics today announced they are launching the first in a new line of smart toys geared towards digital assistants like Amazon’s Alexa devices. The first model is called Lexa Bear and is a talking teddy bear that is designed to hold an Echo Dot or connect with any Bluetooth device like a mobile phone or tablet. Wetwire Robotics has designed the bear to synchronize its mouth movements in real time to the human voice. It is not limited to pre-recorded audio and can speak with about any audio it’s connected to.

Lender Price Names Jerry L. Halbrook as CEO and Opens New $5-$10 Million Investment Round

PASADENA, Calif., Sept. 25, 2017 (SEND2PRESS NEWSWIRE) — Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.

Sparkle Coin, Inc. Announces Initial Coin Offering at TechCrunch Disrupt SF

SAN FRANCISCO, Calif., Sept. 20, 2017 (SEND2PRESS NEWSWIRE) — Sparkle Coin, Inc., designed to be the most transactable cryptocurrency available, is launching its initial coin offering (ICO) at 1 p.m. PDT September 20 and running through October 20, 2017 with coins beginning at $5. A LIVE STREAMING event will start at 12 p.m. PDT at TechCrunch SF.

Media Advisory – TechCrunch Disrupt SF 2017: CEO of Sparkle Coin, Inc. Shows New eCommerce-optimized Cryptocurrency

SAN FRANCISCO, Calif., Sept. 14, 2017 (SEND2PRESS NEWSWIRE) — Sparkle Coin, Inc., founders of Sparkle Coin, a new cryptocurrency that allows users to make purchases from popular online retailers – like Amazon and Walmart – and features a currency exchange for liquidity, will be hosting a “lunch and launch” event during TechCrunch Disrupt SF 2017.

Taylor Wilshire launches Wilshire Foundation Fund for Beneficial Social Impact

NEW YORK, N.Y., Sept. 12, 2017 (SEND2PRESS NEWSWIRE) — The Wilshire Foundation recently announced the close of first-round funding for its Conscious Capital Fund. The Wilshire Foundation, created by the team at Wilshire Financial including CEO Taylor Wilshire, constructs programs and invests in organizations that address chronic environmental, social, and economic challenges in unique and transformative ways.

Sparkle Coin, Inc. Launches Next Generation Cryptocurrency with Maximum Transactability

CHICAGO, Ill., Sept. 6, 2017 (SEND2PRESS NEWSWIRE) — Sparkle Coin, Inc. today introduced its eponymous cryptocurrency, the first of its kind backed by diamonds, as the initial step toward the company’s goal of creating more efficient global economic growth to promote societal advancement by developing a platform that brings cryptocurrencies into the mainstream business and consumer markets. Sparkle Coin is a hybrid cryptocurrency possessing the best qualities of both PoW (Proof of Work) and PoS (Proof of Stake).

STiKidotz Customizable 3D Pixel Art Stickers Fuel Imagination and Learning Too

ATLANTA, Ga., Aug. 28, 2017 (SEND2PRESS NEWSWIRE) — The Dotz Company, LLC, an established games and toy business, is excited to announce a new product that’s fun for all ages – STiKidotz(TM). It’s sure the concept will take off, that’s why it’s launched a Kickstarter campaign to help get it off the ground.

Oak Hill Capital Partners to Invest in EPIC Insurance Brokers and Consultants to Support EPIC’s Further Growth & Expansion

SAN FRANCISCO, Calif., July 27, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage, and employee benefits consultant, announced today that private equity firm Oak Hill Capital Partners (Oak Hill) has agreed to acquire all of The Carlyle Group’s stake, giving Oak Hill a controlling equity position in EPIC. Oak Hill’s investment will enable EPIC to continue its aggressive organic growth strategy.

New Cannabis Compliance Company Launches Public Funding Effort with GrowthFountain

HORSESHOE LAKE, Ark., June 12, 2017 (SEND2PRESS NEWSWIRE) — The Herbal Compliance Co. announces the launch of its compliance consulting services for legal medical cannabis and hemp businesses. This unique company will also be partnering with GrowthFountain to raise $1 million in funds through a unique form of investor funding called Regulation Crowdfunding.

Verify Smart Corp Signs Letter of Intent to Acquire Equity Stake and Exclusive International Reseller Rights in Med-Con Technologies, LLC

FERNLEY, Nev., June 8, 2017 (SEND2PRESS NEWSWIRE) — Verify Smart Corporation (OTC:VSMR / OTCMKTS:VSMR) a Global innovator in financial fraud prevention and digital distribution solutions announced today that it has signed a Letter of Intent to acquire an equity stake and exclusive international reseller rights in Med-Con Technologies, LLC for cash and stock.

Pompano Beach CRA and Urban Land Institute Symposium to Reveal Half Billion Investment Opportunity

POMPANO BEACH, Fla., June 7, 2017 (SEND2PRESS NEWSWIRE) — The Pompano Beach CRA has partnered with the Urban Land Institute to host a unique symposium outlining the $500 million investment opportunity available for developers in the Pompano Beach Innovation District. Nationally recognized redevelopment experts and invested developers will provide comprehensive details about the last 24 acres of undeveloped parcels in Broward County with prime visibility from I-95.

WorldAPP Secures Financing Round to Fuel Growth

BRAINTREE, Mass., May 23, 2017 (SEND2PRESS NEWSWIRE) — WorldAPP, a leading provider of mobile data collection and process optimization software today announced that it has completed financing round with Providence-based Bay Capital Investment Partners. The transaction amount was not disclosed.

Mortgage Automation Pioneer cloudvirga Raises $15 Million in Series B Funding

IRVINE, Calif., March 27, 2017 (SEND2PRESS NEWSWIRE) — Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings.

LevelFunded Health Selected For Plug and Play Insurtech Program

BOCA RATON, Fla., March 8, 2017 (SEND2PRESS NEWSWIRE) — LevelFunded Health is excited to announce that it was recently selected as one of the new top innovative insurance businesses by one of Silicon Valley’s most active venture group, Plug and Play. The 12-week program connects promising start-ups, early and growth stage companies, to some of the world’s largest insurance corporations.

FENDER FRIEND LLC Offers Autonomous App to Licensors and Automotive OEMs

NEW YORK, N.Y., Jan. 30, 2017 (SEND2PRESS NEWSWIRE) — New York-based FENDER FRIEND LLC is pleased to offer the autonomous app Fender Friend(TM) for licensing, effective Feb. 1, 2017. The Fender Friend seeks to provide older model vehicles with capabilities such as automatic braking and parking assistance, as just two examples of amenities currently standard in newer automobiles.

Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors

SAN DIEGO, Calif., Jan. 4, 2017 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California.

Maxwell Financial Labs Announces $1.95M in Funding to Reinvent Mortgage Experience

DENVER, Colo., Dec. 14, 2016 (SEND2PRESS NEWSWIRE) — Maxwell Financial Labs, Inc. announced today it had secured $1.95M in funding, with anchor investors MATH Venture Partners, Techstars Ventures, Zelkova Ventures and Sovereign’s Capital. The funding follows on the heels of Maxwell’s commercial launch on August 16.

RMA’s Kim Briesemeister Featured in IDA’s Top Issues Council Report

POMPANO BEACH, Fla., Nov. 15, 2016 (SEND2PRESS NEWSWIRE) — The International Downtown Association recently released their first six Top Issues Council reports, which feature industry leaders who produced in-depth research briefs on top urban issues. Kim Briesemeister, principal of Redevelopment Management Associates, served on the Public-Private Partnerships Council.

Utelogy Corporation Successfully Completes Series A Private Equity Offering

LOS ANGELES, Calif., Oct. 18, 2016 (SEND2PRESS NEWSWIRE) — Utelogy Corporation, creator of enterprise audio/visual control, management, services and analytics software for use in higher education and enterprises announced that it has successfully closed a fully-subscribed, private equity offering with a small group of private Accredited Investors at an undisclosed value. Funds from this offering will support the company’s current growth trajectory including software developers and additional support staff.

Bank of Southern California N.A. Announces $7 Million Capital Offering

SAN DIEGO, Calif., Sept. 27, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

UltraCap Creates Revolutionary Lightweight Car Battery

LONDON, U.K., Sept. 26, 2016 (SEND2PRESS NEWSWIRE) — Scientists from London-based UltraCap Ltd. are in the final stages of developing a “green” solid state battery for electric vehicles that they claim will be 40 times lighter than current Lithium-Ion batteries. UltraCap founders, Professor Vladimir Krstic and Nico Van Dongen, say their new battery, the UltraCapacitor, will be able to charge within minutes and that, eventually, a pocket-sized version of the battery will bring us one step closer to emission-free transportation.

Innovative Multipurpose GRATITUDE Roller Unveiled for Fitness Training

FT. LAUDERDALE, Fla., April 19, 2016 (SEND2PRESS NEWSWIRE) — Gratitude Wellness, a health and fitness product manufacturing company, recently announced that it is raising funds via Kickstarter to help manufacture the goods and purchase the equipment necessary for the production of its patented GRATITUDE Roller.

Django Unchained Actress stars in First Time French Feature Director’s ‘Found iPhone’ Horror Comedy

LOS ANGELES, Calif., March 22, 2016 (SEND2PRESS NEWSWIRE) — After directing over a dozen short films, French filmmaker Tristan Convert announced he has directed his first feature, ‘SCRATCH,’ an original horror comedy starring Daniele Watts (‘Django Unchained’), for which he has launched an Indiegogo campaign, to reach $10k for finishing funds. Set in Los Angeles’s known-to-be haunted Old Zoo, ‘SCRATCH’ is one of the first, if not the first, found footage films shot entirely on iPhone 6.

Animated Horror Indie Launches Crowdfund

LOS ANGELES, Calif., Feb. 19, 2016 (SEND2PRESS NEWSWIRE) — Coverage Ink Films, producers of the animated horror thriller ‘Malevolent’ have launched an IndieGogo campaign. The goal is to reach $45K for finishing funds. The film stars Ray Wise (‘Twin Peaks,’ ‘Robocop’), Morena Baccarin (‘Deadpool,’ ‘Gotham,’ ‘Firefly’), Bill ‘Choptop’ Moseley (‘The Devil’s Rejects,’ ‘Texas Chainsaw Massacre II’) and sci-fi legend William Shatner (‘Star Trek,’ ‘Boston Legal’).

Smart City and Mobile Augmented Reality Pioneer Civic Resource Group Secures Major Investor Backing

LOS ANGELES, Calif., Feb. 17, 2016 (SEND2PRESS NEWSWIRE) — Civic Resource Group (CRG), a data, mobile and Augmented Reality pioneer in the burgeoning Smart City market, has secured financial support and backing from a group of international investors led by Atlantic Bridge (ABVEN) out of Silicon Valley, London, and Dublin, and Globalive Capital out of Toronto, it was announced by Gregory G. Curtin, Ph.D., Founder and CEO of CRG.

Titan Offers Trade Transaction Management Services to Mortgage Investors

DENVER, Colo., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.

Actor, Stuntman and Filmmaker Zak Lee Guarnaccia Launches Kickstarter for Martial Arts Action Feature KALM at Comic-Con

HOLLYWOOD, Calif., July 9, 2015 (SEND2PRESS NEWSWIRE) — Zak Lee Guarnaccia, Actor/Stuntman, Executive Producer at LightRow Pictures, and Paul Lupi, Producer of Lupi Pictures, enter production of the feature film in the martial-arts, action-thriller genre entitled ‘KALM.’ Principal photography partially funding being raised on Kickstarter. The project will debut at the SAN DIEGO COMIC-CON 2015 (SDCC).

Voices.com Secures $2 Million in Capital Investment from BDC Capital

LONDON, Ontario, April 30, 2015 (SEND2PRESS NEWSWIRE) — Voices.com, the go-to online marketplace for voice-over, is pleased to announce a $2 million working capital investment from BDC Capital. The company will use this capital to acquire additional space, tools, and hire more people to maintain momentum as it is working to solidify its leading market position.

Emilio N. Francisco, PDC CEO, Sees Diversification of EB-5 Investor Pool as a Positive Evolution of the EB-5 Immigrant Investor Program

COSTA MESA, Calif., April 28, 2015 (SEND2PRESS NEWSWIRE) — In response to the surge in EB-5 applications from mainland China, the U.S. State Department has announced a cutoff date for immigrant investors from mainland China applying for permanent residency in the U.S. through the EB-5 visa program, according to PDC Capital Group.