Finance Roundup: Tributes.com, ConforMIS and Ourstage

New England Tech Stock Index

Lots of money flowing to startups in today’s Finance Flash — Tributes.com, ConforMIS and Ourstage all land funding. 

• Online obit firm Tributes.com closes $1.2M financing round

Tributes Inc., a Boston-based online obituary news and tributes service, has closed a $1.2 million second round of funding, bringing the company’s total financing to $5.4 million. The company did not disclose its investors, but the Tributes.com website says that Eons Inc. and Dow Jones & Company backed the firm.

• Cardio drug developer Cortria raises $1.8M

Cortria’s first drug candidate, TRIA-662, is currently in Phase 2 clinical development and targets atherogenic cardiovascular disease. Company officials say that the potential drug will have fewer side effects than those currently on the market. 

• ConnectEDU’s $8.2M Series C surpasses plans

ConnectEDU Inc., a Boston-based online college and career planning network, has won $8.2 million in a Series C funding that surpassed company expectations. The company had been projecting $5 million for its financing round.

• Knee implant firm ConforMIS lands $50M investment

The company, which develops a customized bicompartmental knee resurfacing implant, intends to apply the financing to improve and grow its orthopedic implant technologies.

• Music network startup OurStage tunes in $3M fundingThe Chelmsford-based startup, launched in 2006, has raised $3 million of a $6 million new round of financing, bringing its total financing up to $20 million, company officials report.

Posted by Brendan Lynch

Tags: ConforMIS, ConnectEDU, Cortria, Ourstage, Tributes.com

This entry was posted on Monday, July 13th, 2009 at 11:25 am and is filed under Education & Training, Entrepreneurship, Financial Services, Internet, Life Sciences, Massachusetts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.