Funding and Investment News - Page 6

Page 6 of Funding and Investment News issued by the Send2Press® Newswire service.



Social Network Technology and VoIP Provider YFonGlobal Raises Second Angel Round for a Total of $1.8 Million

WASHINGTON, D.C. – Mar. 21 (SEND2PRESS NEWSWIRE) — YFonGlobal, a leading-edge provider of turnkey social network marketing technology, reports raising its second angel round of funding for a total of $1.8 million with an opportunity to raise $2.1 million from one angel investor’s matching funds offer. YFonGlobal leaders say they plan to use these funds to expand sales and marketing of their wyndstorm(TM) social network software geared towards associations, political organizations and campaigns.

CADFORCE, Inc. Announces $3.1 Million in Venture Capital Financing

LOS ANGELES, Calif. – Dec. 1 (SEND2PRESS NEWSWIRE) — CADFORCE, the Los Angeles-based global leader in outsourced architectural services, today announced that it has raised $3.1 million in a Series B funding round. Louisiana Ventures, LP, of Bossier City, Louisiana led the round with a $1.5 million investment. This follows Rincon Venture Partners’ August 2005 Series A, bringing the total capital investment in CADFORCE to just under $5 million. Rincon and the Tech Coast Angels also participated in the Series B. In addition, CADFORCE’s Board of Directors has chosen to keep the Series B round open for additional investment of $1.4 million.

Reaction Biology Corp. Awarded NIH SBIR Grant for Kinase Radioisotope Microarray Screening Development

MALVERN, Pa. (SEND2PRESS NEWSWIRE) — Reaction Biology Corporation (RBC) today announced that it has been awarded an SBIR grant from the National Cancer Institute to create a new kinase profiling and high throughput screening method using radioisotopes and microarrays. The $940,000 grant will be used to migrate the current well-plate radioisotope methods onto RBC’s DiscoveryDot nanoliter screening platform.

Epeius Biotechnologies Corporation Receives $400,000 Grant to Support Gene Therapy Trials for Pancreatic Cancer

SAN MARINO, CA – June 19 (SEND2PRESS NEWSWIRE) — Epeius Biotechnologies Corporation announced today that the Company has been awarded a $400,000 grant by the Lazarex Cancer Foundation to expand and support ongoing cancer gene therapy clinical trials for advanced and metastatic pancreatic cancer.

Crescent Diagnostics Secures Venture Capital Financing Investment to Advance the Development of its Novel Bone Quality Test

LONDON, UK – June 13 (SEND2PRESS NEWSWIRE) — Crescent Diagnostics Ltd. (Crescent), a privately held company developing a new test for bone health, today announced the completion of a GBP 550,000 (Euros 800,000) funding round. Seroba BioVentures (Seroba), a Dublin-based specialist life science venture capital firm led the round in conjunction with a number of private investors.

Authernative, Inc. Raises $2.5 Million in Series A Funding to Extend Its Position as Emerging Provider of User Authentication and Identity Management Solutions

REDWOOD CITY, CA – Apr. 12 (SEND2PRESS NEWSWIRE) — Authernative, Inc., the developer of innovative user authentication and identity management technologies, has raised $2.5 Million in Series A financing from venture capital and distinguished private investors including First Round Capital, WS Investments, Dave Duffield, Peggy Taylor, Ron Conway, and Scott Seligman.

Napatech Receives $5 Million Venture Capital Funding

COPENHAGEN, Denmark and MOUNTAIN VIEW, CA – Mar. 24 (SEND2PRESS NEWSWIRE) — Napatech today announced the investment of $5 million from Ferd Venture, Northzone Ventures and DTU Innovation. Napatech is the leader in programmable high speed Ethernet network adapters. The investment coincides with Napatech’s acquisition of the network adapter business of storage solution leader Xyratex.

InSciTek Secures $2 Million in Additional Funding from Enhanced Capital Partners LLC

FAIRPORT, NY – Feb. 28 (SEND2PRESS NEWSWIRE) — Further demonstrating its emerging leadership in the Voice over Internet Protocol (VoIP) marketplace, InSciTek Microsystems Inc. (www.inscitek.com) announced today that it has received a $2 million investment from Enhanced Capital Partners LLC.

Point to Point, Inc. Announces Emergence from Bankruptcy; Components of Bankruptcy Financing

KANSAS CITY, MO – Feb. 21 (SEND2PRESS NEWSWIRE) — Point to Point, Inc. (formerly known as Point to Point Business Development, Inc.) announced that it will emerge from bankruptcy today. The reorganization plan includes a line of credit arranged through AGS Capital LLC, a private equity firm located in Indianapolis, IN.

CADFORCE Secures $1.7 Million in Series A Funding Led By Santa Barbara-Based Venture Capital Firm, Rincon Venture Partners

LOS ANGELES, CA – Feb. 15 (SEND2PRESS NEWSWIRE) — CADFORCE, Inc., a Los Angeles-based provider of outsourced CAD drafting services for architects and homebuilders, has secured a $1.7 million Series A round of financing led by Rincon Venture Partners, an early-stage venture capital firm, based in Santa Barbara, CA. The Series A round also included members of Southern California’s Tech Coast Angels, and a handful of other industry insiders. Douglas Webster, Vice President of Mergers and Acquisitions at MCI, and Jim Andelman, General Partner at Rincon Venture Partners, will join Robert Vanech, Chief Executive Officer of CADFORCE, on the Board.

Symphony Wealth Management Group’s Ovation Fund Blazes New Trails on the Efficient Frontier and the Utilization of ETFs

ATLANTA, GA – Jan. 30 (SEND2PRESS NEWSWIRE) — The Symphony Wealth Management Group, LLC, today announced the launch of their new Ovation Fund, a dynamic asset allocation fund which utilizes Exchange Traded Funds (ETFs) as its underlying holdings. The Ovation Fund is managed by Dr. William Breen.

American Finance Finalizes Agreement on Global Oil Tools’ Liabilities

SAN FRANCISCO, CA – Nov. 1 (SEND2PRESS NEWSWIRE) — American Finance Corp. announces that it has finalized its agreement with Grifco International (Pink Sheets: GFCI) on Global Oil Tools’ outstanding liabilities totaling approximately $800,000.00 USD.

First American Makes Equity Investment in ComplianceEase – Industry-Leading Technology Providers Partner to Offer Essential Bundled Solutions

SAN FRANCISCO, Calif. – Oct. 3 (SEND2PRESS NEWSWIRE) — ComplianceEase(R), a premier provider of automated compliance and risk management solutions to the financial services industry, today announced that it has received an equity investment from First American Real Estate Solutions (RES(R)), the nation’s largest provider of advanced property and ownership information, analytics and services.

BRANDCONTROL.NET Receives Second Round of Venture Capital Funding

ELMHURST, Ill. – September 15 (SEND2PRESS NEWSWIRE) — BRANDCONTROL.NET(TM), a Marketing Resource Management Systems developer and maker of patent pending software BigCabinet 3.0TM, today announced that it has received a second round of venture capital funding from Midwest Investment Ventures (MIV).

InSciTek Successfully Closes $4.0 Million for the Allworx Product Line

ROCHESTER, NY – August 31 (SEND2PRESS NEWSWIRE) — InSciTek Microsystems, Inc. has received a $4 Million investment led by High Peaks Venture Partners, with participation from Advantage Capital. InScitek will leverage this investment by adding new products to their proven Allworx product line (www.allworx.com) and expanding their sales & marketing reach.

25 Security Industry CEOs and Presidents Share Their Views on Growth Trends and the Business of Security

NEW YORK CITY, NY – August 16 (SEND2PRESS NEWSWIRE) — For the 10th consecutive year, the Securing New Ground(TM) (SNG) Conference will bring together more industry leaders and investors than any other security industry conference. On November 16 & 17, more than 25 Presidents and CEOs from the security industry’s leading suppliers, integrators and investors will present their views on business trends and the investment outlook for the security industry.

Young Investing Phenom Unlocks the Keys to the Stock Market

MADISON, Wisc. – August 5 (SEND2PRESS NEWSWIRE) — College student Evan Reas, from a small town in Wisconsin has come up with an innovative investing strategy resulting in 205.1% growth in his portfolio in the past 12 months (Aug 1st, 2004 – Aug 1st, 2005). Reas hopes to write a book about his strategies and how they can be applied to anybody’s portfolio in any amount of time.

New Source of Financial Information has Words of Caution for Retirees

PONTE VEDRA, Fla. – July 19 (SEND2PRESS NEWSWIRE) — Hottinger Capital Consulting, Ltd. has just released version 3.3 of its E-Zone System, an important new source of financial information for retirees. It warns investors about the all-too-often used strategy of ‘Buy and Hold and Hope,’ and offers the E-Zone System as an alternative that many will find helpful.

Lehman Brothers’ Chief Investment Officer and Managing Director, Private Investment Management to Speak at New England-Canada Business Council’s May Luncheon Meeting

BOSTON, Mass. – May 24 (SEND2PRESS NEWSWIRE) — MEDIA ALERT: Alison A. Deans, Lehman Brothers’ chief investment officer and managing director of Private Investment Management — a prominent Wall Street executive who is a regular panelist on Louis Rukeyser’s Wall Street, and was previously among Institutional Investor’s and The Wall Street Journal’s top-ranked securities analysts — will Speak at New England-Canada Business Council’s May Luncheon Meeting