Venture Debt News

Friday, May 25, 2012

Spectra rakes in another round of funding
Spectra Analysis Inc. has raised $125,000 of a $500,000 debt offering, according to documents filed Friday with the U.S. Securities and Exchange Commission. The funding round comes almost a year after the Marlborough-based company with offices in South Carolina raised $913,927 of a planned $3 million equity and options round.

Tuesday, May 1, 2012

Boston cloud services company takes in $2.9M round
Boston-based Intronis Inc., a cloud backup and recovery company, has raised $2.9 million of $3.9 million offering from four investors, according to federal filings.

Friday, April 13, 2012

CoolChip raises $500K in debt financing
CoolChip Technologies Inc. in Somerville has raised $500,000 in debt funding out of $1.5 million sought, according to federal filings Thursday. The money is the first filing for the company, which works on low-cost, high-performance electronics cooling systems.
Cambridge startup Nara lands $3.6M
Ava Inc., doing business as Nara, has secured $3.6 million of a $4.5 million equity offering, according to documents filed with the U.S. Securities and Exchange Commission Friday.

Monday, March 12, 2012

Black I Robotics secures $168K
Black I Robotics, Inc. in Tyngsboro received $168,000 in debt and equity funding, according to forms filed with the U.S. Securities and Exchange Commission Friday.

Thursday, March 8, 2012

Alkermes prices secondary offering
Alkermes plc. of Dublin, with offices in Waltham, today announced that its underwritten public offering of 21 million ordinary shares held by a subsidiary of Elan Corporation, plc., is priced at $16.50 per share.

Friday, March 2, 2012

IPG Photonics makes $144M public stock offering
IPG Photonics Corp. (Nasdaq: IPGP) made a public offering of 3 million shares of its common stock at $54.30, the company announced today.

Friday, November 11, 2011

Is venture debt the new venture capital?
Eastward Capital Partners' Tim O'Loughlin: Who do VCs compete with when sourcing investment opportunities? They compete with anyone with a checkbook and increasingly venture debt firms have very large checkbooks.

Friday, October 21, 2011

Checkup on Boston's venture debt industry
Almost every day, if you’re paying attention, a report gets filed about the state of the venture capital industry. But what about that other much-more-silent group of companies, the ones who make up the so-called venture debt industry? Here's a look at a few in the Boston area.

Tuesday, July 19, 2011

Variation Biotech taps backers for $7.8M in debt funding
Cambridge-based vaccine developer Variation Biotechnologies Inc. has raised a combined $7.8 million in a pair of debt financings, according to federal documents filed yesterday.

Tuesday, February 23, 2010

Luminus Devices lights up $19M in new funding
Billerica LED-maker Luminus Devices Inc. has closed on a new round of funding worth $19 million that was led by investors Argonaut Private Equity.
Currensee collects $8M in second funding round
Online foreign currency exchange Currensee Inc. has taken in $8 million in Series B financing led by North Bridge Venture Partners, with new investor Egan Managed Capital.

Tuesday, January 19, 2010

Ember adds $5M in venture debt funds
Wireless technology-maker Ember Corp. has received $5 million in venture debt financing from Wellington Financial LP, according to Wellington. Ember plans to use the capital to grow its business.

Friday, May 29, 2009

Egenera data infrastructure boosted by $1M loan
Egenera Inc. has secured $1 million of a $2 million inside debt financing round, company officials confirm. The funds are intended to give the Marlborough-based data infrastructure virtualization company a cushion of operating capital for the fiscal year.

Wednesday, May 13, 2009

Online shopping recommender StyleFeeder pulls in $500K
StyleFeeder Inc. has raised an inside round of $500,000 in convertible debt, its executives and investors confirm. The Cambridge-based company provides an online shopping recommendation website aimed at women ages 18 to 35.

Friday, March 6, 2009

Report: Charles River to close $300M fund
Charles River Ventures is about to close its 14th investment fund at $300 million, according to an online report.

Thursday, February 26, 2009

Clinical Data does $50M debt deal
Newton-based biotech Clinical Data Inc. has wrapped a $50 million convertible debt financing deal with private equity firm New River Management V LP.