posts tagged:


vc


(search for keywords instead, or create an alert on this tag)

Wednesday, March 8, 2017

Pelion Backs Conversion Logic In $9M Funding

Salt Lake City-based venture investor Pelion Venture Partners is the lead investor in Conversion Logic, a developer of marketing analytics software. Conversion Logic said it raised $9M in a Series A, which was Pelion Venture Partners, and a...

READ MORE...
Wednesday, October 12, 2016

Sorenson Capital Names Blackwell As Managing Director

Salt Lake City-based private equity investor Sorenson Capital has named Len Blackwell as the company's Managing Director, Portfolio Operations, according to the firm. Blackwell has been at Sorenson Capital since 2006. The firm said that the...

READ MORE...
Tuesday, June 7, 2016

Convercent Gets $11M More For Compliance Software

Denver-based Convercent, which develops enterprise compliance management software, is announcing this morning that it has raised $11M in its Series C funding. The funding was led by Tola Capital, and also included Sapphire Ventures and othe...

READ MORE...
Tuesday, April 26, 2016

Vector Space Systems Takes On Satellite Launches, Gets $1M In Funding

Tucson, Arizona-based Vector Space Systems has raised more than $1M in angel funding, the company said this morning, to launch a new company focused on micro satellite space launches. The startup--led by former executives from SpaceX--said ...

READ MORE...
Monday, April 11, 2016

BYU Team Wins International Venture Capital Competition

A team from Brigham Young University's Marriott School of Management has scored the top prize in the Venture Capital Investment Competition held over the weekend in North Carolina. The annual event--unlike most student business competitio...

READ MORE...
Friday, October 16, 2015

Region Sees $188.9M In Venture Investments In Q3, Utah Leads Activity

The local technology industry across the region saw a total of around $188.9M in venture investments in Q3 of 2015, according to the latest PricewaterhouseCoopers/National Venture Capital Association's MoneyTree report, which was released l...

READ MORE...
Thursday, March 5, 2015

Mobius Venture Capital Gets Exit At deCarta, Via Uber

Boulder-based Mobius Venture Capital, the legacy venture firm of Brad Feld, Seth Levine, Ryan McIntyre ,and Jason Mendelson, has seen a long-awaited exit at one of its portfolio firms, deCarta. deCarta--based in San Jose, California--said y...

READ MORE...
Monday, November 17, 2014

EPIC Ventures Adds Director

Salt Lake City-based EPIC Ventures recently added Damon Kirchmeier as a director at the venture capital firm, according to the firm. Kirchmeier was most recently president of Rockwell Time USA, and also served at Auxano Funding, an investme...

READ MORE...
Friday, July 18, 2014

Rocky Mountain Region Finds $356.62M In Venture Capital In Q2

The Rocky Mountain region saw a health amount of venture capital investment in Q2 of 2014, reporting $356.62M in venture capital investments across the region, according to numbers provided by the PricewaterhouseCoopers/National Venture Cap...

READ MORE...
Wednesday, May 14, 2014

BodeTree Gets $2M For Financial Analytics Software

Denver-based BodeTree, a developer of financial analytics tools aimed at small businesses, said today that it has raised $2M in a funding round. The funding was led by Greenline Ventures, and also included other, unnamed private investors. ...

READ MORE...
Monday, April 21, 2014

Utah Leads Region In Venture Capital In Q1, As Region Sees $369.1M

The State of Utah led the region in terms of venture capital investments in Q1 of 2014, accoridng to the latest MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. The numbers--rele...

READ MORE...
Wednesday, March 19, 2014

Parchment Finds $10M More

Scottsdale, Arizona-based Parchment, which provides technology to high schools and colleges to handle sending transcripts, diplomas, and certifications to each other, has raised $10M more in funding, the company said today. According to Par...

READ MORE...
Monday, March 10, 2014

Grayhawk Raises $70M For Early, Growth Stage Venture Capital

Phoenix, Arizona-based Grayhawk Capital announced today that it has closed on its second fund, Grayhawk Venture Fund II, and raiesd $70.0M in funds for early and growth stage technology investments in the Southwest. The company said the clo...

READ MORE...
Friday, January 17, 2014

Venture Totals Drop In Region During Q4, To $229.4M

Venture capital investments dropped in the region in Q4 of 2013, according to the numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report. According to the report, there was a total of $229.4M invested ...

READ MORE...
Tuesday, January 14, 2014

Parchment Raises $11.5M

Scottsdale, Arizona-based Parchment, which develops educational transcript transfer software for high schools and colleges, has raised $11.5M more in funding, according to a regulatory filing by the firm today. The filing said that the new ...

READ MORE...
Tuesday, January 7, 2014

Flywheel Ups Flywheel II Funding

New Mexico-based Flywheel Ventures has added a little bit more to its Flywheel II venture capital fund, according to a regulatory filing from the firm this week. According to the filing, the fund is now up to $8.74M in funding from 59 inves...

READ MORE...
Friday, December 20, 2013

Boulder Ventures Seeks To Raise $100M Fund

Boulder-based venture capital investor Boulder Ventures, the investment firm led by Kyle Lefkoff, Peter Roshko, Jonathan Perl, and Tim Hogheem, is looking to raised a new, $100M fund called Boulder Ventures VI, according to a regulatory fil...

READ MORE...
Monday, December 16, 2013

MicroBiome Therapeutics Gets $1.3M

Broomfield, Colorado-based MicroBiome Therapeutics reported this morning that it has raised $1.3M in a bridge financing round, to go towards its clinical studies. The funding came from BVM Capital, a current investor in the company, along w...

READ MORE...
Tuesday, November 26, 2013

Foundry Backs littleBits

Boulder-based venture capital investor Foundry Group has made another investment in a electronics company, littleBits, which develops electronic project and craft kits. The funding was worth $11M, and is a Series B round for New York-based ...

READ MORE...
Monday, November 11, 2013

Pelion Ups Funding In Bitcasa

Salt Lake City-based Pelion Venture Partners has re-upped its investment in cloud storage provider Bitcasa, as part of an additional $11M in Series A funding for the Silicon Valley startup. Bitcasa--which is based in Mountain View, Californ...

READ MORE...
Thursday, September 5, 2013

Grotech Ventures Gets Top Ranking In Private Equity Report

Grotech Ventures, the venture capital investor which has been among the more active investors in the Rocky Mountain region over the last few years, has just had one of its funds ranked as one of the top venture capital funds in a private eq...

READ MORE...
Thursday, August 29, 2013

RoundPegg Raises $2.42M

Boulder-based job and employment software developer RoundPegg has raised $2.42M in a funding round, according to a regulatory filing from the firm today. According to the filing, the funding comes as part of an ongoing, $2.9M funding round ...

READ MORE...
Wednesday, August 28, 2013

Lendio Details $4.5M Funding

Salt Lake City-based small business financing site Lendio has announced the details of the company's $4.5M Series B today. Lendio said the new funding was led by Runa Capital, and also included Tribeca Venture Partners and Highway 12 Ventur...

READ MORE...
Tuesday, August 6, 2013

Foundry Group Raising New, $225M Fund

There's no doubt in the region that Boulder-based Foundry Group has become one of the most dominant funds in the region in recent years--and it looks like that's not about to stop. The fund has filed paperwork with the SEC, which says it is...

READ MORE...
Tuesday, July 2, 2013

Secure64 Gets $1.1M

Greenwood Village-based Secure64, which develops secure DNS and DNS caching software, has raised around $1.1M in a new, Series A funding. According to a regulatory filing by the firm, the funding is part of an ongoing $4.8M round, which kic...

READ MORE...
Wednesday, May 8, 2013

LifeLock, Fusion-io Aid Venture Capital Rankings

Two high tech companies in the region--Tempe, Arizona-based LifeLock, and Salt Lake City-based Fusion-io, helped a number of venture capitalists make the ranking in the annual Forbes ...

READ MORE...
Monday, April 29, 2013

Interview with Gavin Christensen, Kickstart Seed Fund

There's always been a shortage of capital in the region for startups, despite many successes (mergers, acquisitions, IPOs) of companies here--and there continues to be. However, that slowly is changing, as the area grows its reputation fo...

READ MORE...
Thursday, April 25, 2013

Datalogix Finds $25M For Advertising Analytics

Westminster, Colorado-based DataLogix, which helps marketers, advertisers, and others understand the performance of their advertising across different digital channels, has raised $25M in a Series B funding. The firm said the funding was ...

READ MORE...
Monday, April 22, 2013

Rocky Mountain Region Racks Up $180.6M In Venture Capital In Q1

The local region piled up $180.6M in venture capital during Q1, according to numbers released over the weekend by PricewaterhouseCoopers and the National Venture Capital Association, in its quarterly MoneyTree venture capital report. Acco...

READ MORE...
Wednesday, April 3, 2013

ViroCyt Adds New Funding

Denver-based ViroCyt, a developer of technology aimed at helping researchers develop therapies and vaccines from viruses, has raised a round of growth funding, the firm announced this morning. The funding brings its total raised in this rou...

READ MORE...
Thursday, March 14, 2013

Photobucket Raises $5.6M

Denver-based photo sharing site Photobucket has raised $5.6M, as part of an ongoing, $9.57M funding effort, according to a regulatory filing by the firm Wednesday. Financial details on the deal have yet to be announced by the company. The f...

READ MORE...
Wednesday, March 6, 2013

State of Colorado Planning $150M Venture Capital Fund

Anyone who has followed the high tech industry in Colorado over the years knows that--despite a lot of startup activity--there's really only a handful of local investors making investments in startups. However, Colorado Governor John Hickel...

READ MORE...
Friday, March 1, 2013

VCIR Winter Rolls Out Presenting Companies

Venture Capital In the Rockies is gearing up for its winter conference, being held on March 5th through 7th in Beaver Creek, Colorado, and announced the presenting companies Thursday. According to the Rocky Mountain Venture Capital Associat...

READ MORE...
Wednesday, February 27, 2013

Intralign Nabs Funding For Healthcare Services

Scottsdale, Arizona-based Intralign, a provider of healthcare services to help manage the cost for major joint replacement, has raised a round of venture capital. The funding came from Heritage Group, a Nashville-based venture capital inves...

READ MORE...
Tuesday, February 19, 2013

Pelion Backs User Authentication API Maker StormPath

Salt Lake City-based venture capital investor Pelion Ventures has made another, cloud-based software investment, this time in StormPath, which develops user authentication and management APIs for app developers. STormPath said it raised $8....

READ MORE...
Friday, January 18, 2013

Rocky Mountain Region Racks Up $367.8M In VC In Q4

The Rocky Mountain region saw a healthy uptick in venture capital investments in Q4 of 2012, trumping a overall national decline in investments -- thanks to a big quarter in both Arizona and Utah. According to numbers released via the lates...

READ MORE...
Tuesday, December 4, 2012

VCIR Winter Opens Applications

Are you a Rocky Mountain startup, hoping to get the word out about your startup? The Venture Capital In The Rockies Winter conference (VCIR Winter 2013) has just opened up applications for companies to present at the event, which is being h...

READ MORE...
Friday, November 2, 2012

Study: Venture Capital Bloggers Affect Valuations

A new study, released this week by a professor at the University of Utah, has found that discussion by popular bloggers--as has long been suspected by entrepreneurs--can have a "massive" effect on valuation of a company. The study, publishe...

READ MORE...
Friday, October 19, 2012

Rocky Mountain Region Firms Draw $261.8M In Venture Capital Q3

The latest venture capital numbers from the MoneyTree report, the quarterly venture capital summary produced by PricewaterhouseCoopers and the National Venture Capital Association, finds that there was $261.8M in venture capital investd i...

READ MORE...
Wednesday, October 10, 2012

Report: After Funding, IO Data Centers On Track To 2013 IPO

That big, $90M venture funding round for Scottsdale, Arizona-based IO Data Centers this morning? Just a funding injection before an expected, 2013 IPO for the company, according to a report from FORTUNE this morning. IO announced the fundin...

READ MORE...
Monday, September 24, 2012

Venture Capital in the Rockies Fall Sets Presenting Firms

The Rocky Mountain Venture Capital Association has announced the names of the presenting companies at its upcoming, Venture Capital In The Rockies Fall Conference, being held later this week in Big Sky, Montana. According to the RMVCA, it w...

READ MORE...
Monday, September 24, 2012

Two Flywheel Ventures Firms Get New Funding

Two portfolio firms out of New Mexico's Flywheel Ventures have scored followup funding this morning. Both Tribogenics, a developer of futuristic technology for handheld X-rays, and Trackvia--who have received prior investments from Flywheel...

READ MORE...
Friday, September 14, 2012

Foundry Gets Hat Trick: Raises Third, $225M Venture Fund

Boulder-based venture capital firm Foundry Group has raised another, $225M fund -- Foundry Venture Capital 2012 -- the same size of a fund it announced with its last fund, Foundry Venture Capital 2010, the firm said Friday. The firm said i...

READ MORE...
Thursday, September 6, 2012

Datavail Gets $4.25M More

Broomfield, Colorado-based remote database administration provider Datavail has replenished its coffers today, saying that it has raised $4.25M in a growth equity funding. The firm, which is run by Mark Perlstein, said the Series C funding ...

READ MORE...
Tuesday, August 7, 2012

Pelion Ventures Reaches $83.15M In Fund V

Salt Lake City-based Pelion Ventures, the venture capital fund headed by, James Dreyfous, Carl Ledbetter, and Blake Modersitzki reports in an SEC filing that it has now reached $83.15M in its goal to reach $127M in its fifth fund, Pelion Ve...

READ MORE...
Friday, July 20, 2012

Q2 Venture Investments In Rocky Mountain Region Total $341.0M

Rocky Mountain venture investments totaled $341.0M in Q2 of this year, down from $472.75M raised in 2011, mostly due to a drop in investments in Arizona, according to the latest PricewaterhouseCoopers/National Venture Capital Association Mo...

READ MORE...
Tuesday, July 17, 2012

Mercato Partners Tops $115M For New Fund

Salt Lake City-based venture capital firm Mercato Partners appears to be having some success in raising its second, venture capital fund, Mercato Partners Growth II, based on regulatory filing from the fund this week. The venture capital fi...

READ MORE...
Wednesday, May 30, 2012

VCIR Fall Opens Call For Companies, Heads To Big Sky Country

Venture Capital in the Rockies, the venture capital conference series which run by the Rocky Mountain Venture Capital Association, has just opened up a call for companies for its fall conference, being held September 26th through the 28th. ...

READ MORE...
Wednesday, May 16, 2012

Mocavo Gets $4M For Genealogy Tools

Boulder-based Mocavo, which is developing an online genalogy search engine, is announcing this morning that it has raised $4M in a Series A funding. The round came from the Foundry Group. Seth Levine of Foundry joins the company's board as ...

READ MORE...
Tuesday, May 15, 2012

vSpring's Ahlstrom's Next Chapter: Venture Capital In Mexico

What's Paul Ahlstrom, one of the founders of vSpring Capital doing nowadays? Kickstarting an entire venture capital industry in Mexico, that's what. In a fascinating story on Ahlstrom's journey from Salt Lake City to moving his family to Me...

READ MORE...
Thursday, February 23, 2012

Venture Capital in the Rockies Names Presenting Companies

The annual winter venture capital conference of the Rocky Mountain Venture Capital Association, VC in the Rockies Winter 2012, has announced the companies which will be presenting at the event today. The group said it selected twenty four c...

READ MORE...
Friday, January 20, 2012

Rocky Mountain Region Sees $229.4M in Venture Deals In Q4

The local region saw $229.4M in venture capital investment activity in Q4 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association, form data provided by Thomson Reuters. According to...

READ MORE...
Wednesday, April 6, 2011

Foundry's Brad Feld Makes Forbes Midas List

Forbes magazine has again published its Midas List of the top venture capitalists, with only one area venture capitalist--Brad Feld--on the list. Feld, of Boulder-based Foundry Group, was #100 out of 100 venture capitalists, placed there fo...

READ MORE...
Friday, October 15, 2010

Rocky Mountain Region Sees $150.5M In VC Funding In Q3

The Rocky Mountain region saw a total of $150.5M in funding, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters, released last night. According to the...

READ MORE...
Monday, August 16, 2010

Symplified Identifies $9M

Boulder-based Symplified, a provider of identity management software, has raised $9.0M as part of a $15.0M funding round, according to a regulatory filing by the firm. According to the filing, the round came from six investors. Names of the...

READ MORE...
Friday, July 16, 2010

Venture Capital Totals Up In Q2

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) have released their quarterly venture capital numbers for Q2, reporting that venture deals in the US in the quarter totaled $6.5 billion. According to the two, using...

READ MORE...
Monday, July 12, 2010

Venture Capitalists See Fundraising Slowdown

In a report today, National Venture Capital Association (NVCA) and Thomson Reuters said that fundraising dropped for venture capital firms, to the slowest quarter since the third quarter of 2003. According to a report released today, thirty...

READ MORE...
Tuesday, April 20, 2010

SendGrid Snags $5M

Boulder-based SendGrid, one of the firms out of TechStars, said today that it has raised $5M in a round of funding, from Foundry Group and Highway 12 Ventures. The firm, which develops email software which helps ensure delivery and gather a...

READ MORE...
Tuesday, February 23, 2010

Flywheel Ventures Joins In $3.5B Intel Investment, Jobs Effort

New Mexico-based venture capital firm Flywheel Ventures is one of a long list of mostly Silicon Valley venture capital firms behind a new, $3.5 billion investment effort led by Intel, aimed at helping invest in U.S.-based technology compani...

READ MORE...
Thursday, February 4, 2010

AmideBio's Take: $275K

Boulder-based AmideBio, which announced a seed round of funding last month, raised $274,997 in that round, according to a regulatory filing by the firm today. The firm had announced the round, but had not disclosed the amount of seed fundin...

READ MORE...
Thursday, September 3, 2009

VCIR Fall Sets Lineup

The Rocky Mountain Venture Capital Association has announced its lineup for their fall venture capital conference, VCIR Fall, saying Thursday that it will be highlighting companies from Utah, Colorado, and New Mexico. Eight firms from Utah ...

READ MORE...
Monday, August 10, 2009

Boulder Ventures Gets Exit In Everest Software

Venture capital firm Boulder Ventures has scored an exit for one of its portfolio firms, Everest Software, which was acquired Friday. Everest Software, a developer of business operations software for small and mid-sized companies based in V...

READ MORE...
Friday, July 10, 2009

Rocky Mountain Companies See Around $648M In VC In Q2

The Rocky Mountain region looks to have had a very good, venture quarter in Q2 of this year, according to an analysis of Techrockies.com proprietary venture capital database, racking up $648m in venture capital investments in the quarter. T...

READ MORE...
Wednesday, October 1, 2008

Rocky Mountain Investments Total $300M For Q3

An analysis of the Techrockies.com venture capital database finds that $300M in funding has gone to Rocky Mountain area startups in Q3, down slightly from last quarter and well below last year's venture totals. According to tracking done by...

READ MORE...
Wednesday, September 10, 2008

VC in Rockies Gets Under Way

Ketchum, Idaho -- The Venture Capital in the Rockies Fall 2008 Conference debuted Tuesday at the Sun Valley Resort here in this secluded mountain town.The 13 presenting companies selected from nearly 100 applicants spent the afternoon rehea...

READ MORE...
Friday, September 5, 2008

VCIR Conference Kicks Off Tuesday

Next week marks the beginning of the Venture Capital in the Rockies Fall 2008 Conference, which Techrockies will be covering. Our editors will be on site at the event talking with companies at the conference. The event, occurring in Sun ...

READ MORE...
Tuesday, June 3, 2008

VeraLight Adds $20M

Albuquerque, N.M-based VeraLight, which is developing medical devices for screening for diabetes, said this morning that it has raised $20M in a Series C funding round. According to Veralight, the round was led by Psilos Group and CMEA Vent...

READ MORE...
Monday, February 12, 2007

iCrossing Buys Spannerworks, Raises $18M

Scottsdale, Arizona-based iCrossing, a digital marketing agency, said today that it has closed $18M in funding, and acquired UK-based search marketing agency Spannerworks. The venture round was led by Oak Investment Partners, RRE Ventures, ...

READ MORE...
Wednesday, January 24, 2007

Response Analytics Raises $4.25M

Scottsdale, Arizona-based Response Analytics, which is developing software for financial analytics used by banks and financial institutions, said today that it has raised $4.25M. The round came from RWI Ventures and Peninsula Equity partner...

READ MORE...
Tuesday, January 9, 2007

Adventure Central Raises $3.5M

Denver, Colorado-based Adventure Central said today that it has raised $3.5M in a Series B funding. Adventure Central is an online booking and travel inventory management service that serves adventure tour operators. Funding came from Alleg...

READ MORE...
Tuesday, January 2, 2007

Rocky Mountain VC Investments Reach $85.2M For Q4 2006

The Rocky Mountain region had investments of roughly $85.2M in the quarter, according to an analysis of the Techrockies venture capital database, with Colorado leading the region with $50.15M in investments for the last quarter of 2006. Uta...

READ MORE...
Tuesday, December 12, 2006

Utah Technology Spinoff Gets Funds

Houston, Texas-based ThromboVision, a developer of biomedical diagnostics products based on technology from the Utah Artificial Heart Research Institute, Brigham Young University, and the University of Utah, has raised $400K in the first tr...

READ MORE...
Monday, December 11, 2006

Report: 2006 Venture Capital Investments To Hit $32B

Dow Jones VentureOne and Ernst & Young are reporting today that venture capital investors are on track to invest more than $32 billion in 2006, the most capital invested in the sector since 2001. The analysis, conducted by the two companies...

READ MORE...
Thursday, December 7, 2006

Move Networks Gets Investments From Steamboat, Hummer Winblad

American Fork, Utah-based Move Networks has quietly raised venture capital funding from Disney's Steamboat Ventures and Bay Area firm Hummer Winblad Venture Partners. The addition of Hummer Winblad occurred in November. Move is developing i...

READ MORE...
Monday, November 20, 2006

Bungee Labs Gets Funding From Venrock, Wasatch Venture Fund

Techrockies.com has learned that Bungee Labs, an Orem-based firm that is developing next generation web services integration products, has received venture funding from Venrock Associates and Wasatch Venture Fund. Bungee Labs, which has yet...

READ MORE...
Tuesday, November 14, 2006

Venafi Gets $5M

Draper, Utah-based Venafi said today that it has raised $5M in a Series B funding round led by Foundation Capital. Prior investors Origin Partners and UV Partners also participated in the round, according to the firm. Venafi said that the i...

READ MORE...
Tuesday, November 14, 2006

LifeLock Gets $6M

Tempe, Arizona-based LifeLock said today that it has raised $6M in a first round of venture investment. The funding came from Bessemer Venture Partners. LifeLock said the funding will be used to extend consumer awareness of the firm's iden...

READ MORE...
Tuesday, October 31, 2006

HiveLive Raises Venture Round

Louisville, Colorado-based HiveLive has raised a round of venture capital, according to a regulatory filing filed October 13th by the firm. According to Private Equity week, the amount raised was $1.15M led by Aeneas Ventures. HiveLive is d...

READ MORE...
Friday, October 27, 2006

Luxul Raises Funds From Canopy

North Salt Lake-based Luxul, which is developing circulized polarized antennas for WiFi, has received an investment round from Canopy Ventures, according to a regulatory filing. According to Private Equity Week, the round was worth $550,000...

READ MORE...
Tuesday, October 24, 2006

Venture Capital Investments Hits $6.2B In Q3

PricewaterhouseCoopers and the National Venture Capital Association has released its Money Tree venture capital results for Q3 of 2006, showing that there was $6.2 billion invested in 797 deals, down by 8 percent from Q2, but the best thir...

READ MORE...
Monday, October 23, 2006

U.S. Venture Capitalists Invest $6.36B In Q3

Ernst & Young and Dow Jones VentureOne are reporting today that there was $6.36B invested in 611 venture capital deals in the third quarter, with a slight increase in both the number of deals and amount of investment versus a year ago. The ...

READ MORE...
Wednesday, October 18, 2006

Efficas Raises $14.5M

Boulder, Colorado-based Efficas has raised $14.5M in a Series B funding, the firm said yesterday. The funding was led by LSP BioVentures, and also included Unilever Technology Ventures, Burrill and Company, Great Spirit Ventures, JP Morgan ...

READ MORE...
Tuesday, October 17, 2006

Venture Capital Fundraising Slows

National Venture Capital Association and Thomson Financial reported Monday that private equity fundraising in the third quarter slowed, with both venture capital and buyout firms reducing the amount of funding raised. Thomson/NVCA reported ...

READ MORE...
Monday, October 16, 2006

Interview with Lee Taylor, TheraTogs

Telluride, Colorado-based TheraTogs (www.theratogs.com) recently raised a round of venture funding for the firm's orthotic undergarment systems, from Colorado's High Country Venture. Techrockies caught up with Lee Taylor, the firm's CEO an...

READ MORE...
Monday, October 16, 2006

Pharmaca Raises $18M

Boulder, Colorado-based Pharmaca Integrative Pharmacy has raised $18M, the firm said this morning. The funding round was led by Highland Capital Partners, and will be used to accelerate the firm's new store expansion plans. Pharmaca also sa...

READ MORE...
Monday, October 16, 2006

TheraTogs Raises Venture Funds

Telluride, Colorado-based TheraTogs has raised the first part of a Series A venture capital round from High Country Venture, the firm has confirmed with Techrockies, saying that it has executed a $1.1M term sheet with High Country Venture, ...

READ MORE...
Friday, October 13, 2006

Xthetix Raises $2M

Mesa, Arizona-based Xthetix, which is developing consumer skin care devices that use ultrasound technology, has raised a round of venture capital, according to a regulatory filing. According to reports in Private Equity Week, the firm raise...

READ MORE...
Thursday, October 12, 2006

bpCentral Targets Mobile Venture Capitalists

Boulder, Colorado-based bpCentral said today that it is targeting venture capital partners with a new, handheld software application for pricing and liquidity analysis. The firm said its software generates deal pricing, and takes into accou...

READ MORE...
Wednesday, October 11, 2006

Ping Identity Raises $13M

Denver, Colorado-based Ping Identity Corporation said today that it has raised $13M in a Series C funding round, led by Appian Ventures. The firm said that prior investors Draper Fisher Jurvetson, General Catalyst Parnters, Fidelity Venture...

READ MORE...
Monday, October 9, 2006

Interview with Janet Eden-Harris, CEO of Umbria

Janet Eden-Harris is CEO of Umbria (www.umbrialistens.com), a Boulder, Colorado-based, venture-backed startup that is using blogs to provide market intelligence. We spoke to Janet about how the firm is using online opinions and information ...

READ MORE...
Thursday, October 5, 2006

vSpring Principal Leaves For Portfolio Firm

Salt Lake City, Utah-based vSpring Capital said this week that its New Mexico-based principal, Mike Connolly, has moved on to the position as CEO of a vSpring funded medical firm. Connolly, who headed the firm's New Mexico Office, has moved...

READ MORE...
Monday, October 2, 2006

Venture Capitalists Invest $410.7M in Rocky Mountain Region in Q3

Venture capitalists invested $410.7M in area firms in Q3, according to Techrockies.com, which maintains a database of venture capital deal flow in the Rocky Mountain and surrounding regions. Those $410.7M in investments were spread across 3...

READ MORE...
Wednesday, September 27, 2006

OpenLogic Raises $4.3M

Broomfield, Colorado-based OpenLogic has raised $4.3M in a venture capital round, the firm said today. The new investment came from UV Partners, Appian Ventures, Village Ventures, Highway 12 Ventures and Red Rock Ventures, along with member...

READ MORE...
Thursday, September 21, 2006

Web 2.0 Investments Hit $262.3M

Dow Jones VentureOne is reporting this morning that investments in U.S. Web 2.0 companies has hit $262.3M in the first half of 2006. The publisher of venture capital data said that 49 Web 2.0 companies were funded in the first half of 2006,...

READ MORE...
Wednesday, September 20, 2006

Solera Gets $3.9M

Lindon, Utah-based Solera Networks has received $3.9M in a Series B round, according to investor Canopy Ventures. Canopy said that this was the first investment the firm has made under its new management team and the first investment in two...

READ MORE...
Monday, September 18, 2006

Aztek Networks Raises $6.6M

Boulder, Colorado-based Aztek Networks said today that is has raised $6.6M in a Series A venture capital round. The funding came from Sequel Venture Partners and Grotech Capital Group. Tim Connor of Sequel Venture Partners and Joseph Zell o...

READ MORE...
Friday, September 15, 2006

S5 Wireless Lands $11.5M

Draper, Utah-based S5 Wireless has raised $11.5M in a Series B funding. The firm said yesterday that the funding came from Eagle River Holdings, Craig McCaw's investment company. The round also included vSpring Capital and Wasatch Venture F...

READ MORE...
Thursday, September 14, 2006

Interview with Scott Petty, vSpring Capital

vSpring Capital (www.vspring.com) is a venture capital firm located in Salt Lake City, and is very active in investing in the Intermountain region. We spoke with Scott Petty, one of the partners at vSpring, to get an idea of what kinds of i...

READ MORE...
Monday, September 11, 2006

Linux Networx Scores $37M

Salt Lake City, Utah-based Linux Networx has raised $37M in a round of venture funding, the firm reported today. The round included Lehman Brothers and Canaccord Adams, new investors to the firm, along with previous investors Oak Investment...

READ MORE...
Thursday, September 7, 2006

Fluensee Gets Funding From DFJ Mercury

Englewood, Colorado-based Fluensee announced Wednesday that it has received funding from DFJ Mercury, in an extension of the company's Series A funding. Fluensee, which is developing RFID asset management tools, said that the funding will b...

READ MORE...
Wednesday, September 6, 2006

Infinite Power Solutions Raises $34.7M

Golden, Colorado-based Infinite Power Solutions said today that it has raised $34.7M in a venture capital round to support its thin-film battery technology. The firm said it will use the funds to build new facilities for high-volume manufac...

READ MORE...
Tuesday, September 5, 2006

Interview with Greg Heaps, Allegiance Technologies

Our interview this morning is with Greg Heaps, VP of Sales and Marketing for South Jordan, Utah-based Allegiance Technologies (www.allegiance.com). Allegiance develops web-based, hosted software for feedback management, and we thought we'd ...

READ MORE...
Monday, August 28, 2006

MountainWest Capital Release Q2 Deal Flow Info

Salt Lake City, Utah-based MountainWest Capital Network has released the group's Q2 deal flow report for venture capital and investment banking deals in Utah. The group reports that there was a total of $23.6M in venture capital funding in ...

READ MORE...
Thursday, August 24, 2006

Private Equity Firm Buys Two Utah Scrapbooking Companies

Miami, Florida-based H.I.G. Capital, a private equity and venture capital firm, said today that it has acquired the majority interest in two Utah-based firms that provide scrapbooking products. H.I.G. Capital has purchased Die Cuts With A ...

READ MORE...
Wednesday, August 23, 2006

Denver VC Firm Invests In Rwanda

Denver, Colorado-based Thousand Hills Venture Fund said today that it is investing in small and medium-sized businesses in the African nation of Rwanda. The firm has invested in Rocket 2020, a provider of product, services, and technology t...

READ MORE...
Tuesday, August 22, 2006

Adam Aircraft Gets $93M

Englewood, Colorado-based Adam Aircraft said today that it has raised $93M in a Series F funding for its advanced carbon composite aircraft. Funding came from new investor DCM, along with Mesirow Financial, W Capital Partners, D.E.Shaw Lami...

READ MORE...
Tuesday, August 22, 2006

CopperKey Gets $2.2M in Series C

Gilbert, Arizona-based CopperKey has received $2.2M, in a Series C1 round of funding. Funding came from HOTventures, Desert Angels, Wasatch Venture Fund, and Zone Ventures. Copperkey develops predictive marketing software which is sold as s...

READ MORE...
Tuesday, August 22, 2006

UVF Raises Fund, Invests In Alianza

Salt Lake City, Utah-based University Venture Fund, a venture capital fund that is run by university students, said today that it has closed on an $18M fund and placed an investment in Lindon, Utah-based Alianza Global Communication Service...

READ MORE...
Thursday, August 17, 2006

Accera Raises $7.5M

Broomfield, Colorado-based Accera has raised $7.5M in a Series B round, the firm said Wednesday. Accera is developing drugs focused on treating Alzheimer's disease and related neurodegenerative diseases. Funding was led by Inventages Ventur...

READ MORE...
Monday, August 14, 2006

Arizona Entrepreneur Opens VC Firm

A Scottsdale, Arizona-based entrepreneur said today that he has founded a new, private investment firm focused on seed-stage capital funding. Sean Moshir, founder of PatchLink, said today that he is founding Moshir Venture Partners, focused...

READ MORE...
Thursday, August 10, 2006

Groople Raises $6M

Denver, Colorado-based Groople announced today that it has raised $6M in an additional round of financing for the group travel firm. Funding came from ArrowPath Venture Partners, along with FA Technology Ventures. The firm's existing invest...

READ MORE...
Tuesday, August 8, 2006

Tendril Gets $5.25M

Denver, Colorado-based Tendril has raised a second round of venture funding, saying this morning that is has raised $5.25M in venture funding. The new round of funding came from Vista Ventures, along with existing investors Access Venture P...

READ MORE...
Wednesday, August 2, 2006

VeraLight Gets $17.5M

Albuquerque, New Mexico-based VeraLight, a medical device company developing a non-invasive diabetes screening device, has raised $17.5M. The firm said that the Series B round was led by Psilos Group, and included new investor CMEA Ventures...

READ MORE...
Tuesday, August 1, 2006

Oakley Gets $12M

Salt Lake City, Utah-based Oakley Networks has received $12M in a Series B funding, the firm said this morning. Oakley said that the funding came from Duff Ackerman & Goodrich Ventures. Oakley Networks said that the funding will be used to ...

READ MORE...
Monday, July 31, 2006

Interview with Chris Traylor, Flywheel Ventures

For our interview today, we talked with Chris Traylor, Senior Associate Partner at Santa Fe, New Mexico-based Flywheel Ventures (www.flywheelventures.com), an active venture capital investor in firms in the Southwest and throughout the Rock...

READ MORE...
Wednesday, July 26, 2006

LimeLight Networks Scores $130M

Tempe, Arizona-based LImelight Networks, an operator of a content delivery network focused on digital media, said that it has received $130M in an equity financing round. The round was led by Goldman Sachs Capital Partners. As part of the f...

READ MORE...
Tuesday, July 25, 2006

VC Investments in Startups Hits High

The National Venture Capital Association / PricewaterhouseCoopers MoneyTree report was released today, confirming yesterday's Ernst & Young LLP and VentureOne venture capital results. According to the NVCA, the survey found $6.3 billion in ...

READ MORE...
Monday, July 24, 2006

U.S. Venture Capital Investments Hit $6.7B In Q2

Ernst & Young LLP and VentureOne are reporting today that venture capital investments hit $6.7 billion in the latest quarter, the highest quarterly investment level since 2001. The firms said in their quarterly venture capital report that t...

READ MORE...
Friday, July 7, 2006

ZARS Gets FDA Approval

Salt Lake City, Utah-based ZARS Pharma has received FDA approval for its topical local anesthetic peel, the firm said yesterday afternoon. The approval covers the firm's S-Caine Peel (Lidocaine and Tetracaine) cream, which is used for local...

READ MORE...
Tuesday, June 27, 2006

University of Pittsburgh Taps TheraDoc, Makes Investment In Firm

The University of Pittsburgh Medical Center has tapped Salt Lake City, Utah-based TheraDoc's clinical decision support software, TheraDoc announced yesterday, and will make an investment in the firm. The medical center is using TheraDoc's s...

READ MORE...
Monday, June 26, 2006

SDCmaterials Gets $2.2M

Tempe, Arizona-based SDCmaterials, a company that is developing nanotechnology products, has received a round of venture funding. SDCmaterials received the Series B round from BASF Venture Capital America, and SChropp Group. The firm said t...

READ MORE...
Thursday, June 22, 2006

Tom Green Hits ManiaTV

Denver, Colorado-based Internet television network ManiaTV has started to stream Tom Green Live, a comedy talk show, on its network. The show, which debuted last Thursday, features Tom Green, a popular comedian. The show will also be simulc...

READ MORE...
Wednesday, June 21, 2006

WisperTel Gets $2M

Denver, Colorado-based Wisper Telecommunications has received $2M in financing, the company said today. WisperTel said that the funding came from a private Denver investment group. The name of the investment group was not disclosed. Wisper ...

READ MORE...
Wednesday, June 14, 2006

ProStor Gets $12.2M

Boulder, Colorado-based ProStor Systems has completed a new round of venture funding, worth $12.2M, the firm said today. The company said that it raised a new Series B funding round led by Sutter Hill Ventures. The funding also included exi...

READ MORE...
Wednesday, June 14, 2006

Rally Software Raises $8M

Boulder, Colorado-based Rally Software has raised a new round of funding, the company said Wednesday. Rally raised $8M in a Series B funding from Vista Ventures, with existing investors Mobius Venture Capital and Boulder Ventures also parti...

READ MORE...
Wednesday, May 24, 2006

BioVigilant Gets $4M

Tucson, Arizona-based BioVigilant has received $4M in a new, venture funding led by Battelle Ventures. Battelle Ventures said yesterday that it had invested in a $4M Series A funding of the company, which develops biodetectors used to detec...

READ MORE...
Tuesday, May 9, 2006

Incentive Logic Gets Series C

Scottsdale, Arizona-based Incentive Logic has raised a Series C round of funding, the firm said this morning. Incentive said that the round came from Atrium Capital. Incentive Logic develops incentive programs for financial, hospitality, an...

READ MORE...
Monday, May 8, 2006

The 41st Parameter Gets $11.2M

Scottsdale, Arizona-based The 41st Parameter, a developer of fraud detection and prevention technology, said today it has received $11.2M in venture capital funding from Kleiner Perkins Caufield & Byers. The Series B round also included par...

READ MORE...
Friday, April 28, 2006

Cartasite Gets Funding

Denver, Colorado-based Cartasite has received a venture capital round, the firm reported this week. The firm said that it has received a significant round of venture funding from Acadia Partners V and Canterbury Partners for its GPS monitor...

READ MORE...
Tuesday, April 25, 2006

Venture Capital Quarterly Results Released

PricewaterhouseCoopers and the National Venture Capital Association released their Q1 venture capital numbers today, following the VentureOne/Ernst & Young Venture Capital report release yesterday. Both surveys showed an increase in investm...

READ MORE...
Monday, April 24, 2006

Interview with Brad Feld, Mobius Venture Capital

Our interview this morning is with Brad Feld, Managing Director at Mobius Venture Capital (www.mobiusvc.com), a venture capital firm that has made investments locally in NewsGator, StillSecure, and Rally Software. Brad's an outspoken and vo...

READ MORE...
Friday, April 21, 2006

One Connect IP Buys ZiaNet, Gets VC Round

Albuquerque-based One Connect IP, a provider of Voice over IP services, said today that it has acquired ZiaNet, a an Internet Service Provider for the state of New Mexico. One Connect said that the acquisition will allow it to deliver its h...

READ MORE...
Monday, April 17, 2006

Interview with Josh Coates, Berkeley Data Systems

Our interview this morning is with Josh Coates, CEO and founder of Berkeley Data Systems (www.mozy.com). Berkeley just came out of stealth mode and launched Mozy, an online data storage service that allows users to back up their data to an ...

READ MORE...
Monday, April 17, 2006

ESS Gets $8M

Tempe, Arizona-based ESS, a provider of risk management software and services for the environmental health and safety market, has raised $8M from several venture capital firms. ESS said that the new round of investment came from Phoenix-bas...

READ MORE...
Wednesday, March 29, 2006

Vcommerce Gets $13M

Scottsdale, Arizona-based Vcommerce has received $13M in funding from Internet Capital Group, the firm said today. Vcommerce provides web-based ecommerce and fulfillment solutions for retailers, including Target, Overstock.com, eToys Direct...

READ MORE...
Thursday, March 23, 2006

Revinetix Gets Win At U of U

Salt Lake City, Utah-based Revinetix has scored a win at the University of Utah, installing its Sentio disk backup solution at the school. Revinetix said that the University of Utah's Chemistry Department has deployed a second backup applia...

READ MORE...
Wednesday, March 15, 2006

Infopia Raises $8M

Salt Lake City, Utah-based Infopia has raised $8M in a venture capital round from Hummer Winblad Venture Partners and Trident Capital. Transpacific Capital Partners and BC Select Fund also participated in the round. The provider of multi-ch...

READ MORE...
Monday, March 13, 2006

Interview with Cymphonix

Last week, Sandy, Utah-based Cymphonix Corporation (www.cymphonix.com) closed a round of funding from Intel Capital for its gateway appliance technology. We thought it would be interesting to talk to the company about their products and thi...

READ MORE...
Thursday, March 9, 2006

Indicative Scores Win At Worldspan

Fort Collins, Colorado-based Indicative Software is reporting that it has added Worldspan, a provider of travel technology services, to its roster of customers. Indicative said that Worldspan will use Indicative IT services management softw...

READ MORE...
Thursday, March 9, 2006

Cymphonix Gets Investment From Intel

Salt Lake City, Utah-based Cymphonix announced this morning that it has received an investment from Intel Capital, as part of a $5.4M Series A funding round. The firm said that the investment will be used to expand the company's solutions a...

READ MORE...
Wednesday, March 8, 2006

Amedica Raises $16.8M

Salt Lake City, Utah-based Amedica Corporation has raised a $16.8M Series C funding round. The firm said this morning that Creation Capital was the sole placement agent in the financing. Amedica will use the new funding to begin the rollout...

READ MORE...
Wednesday, March 1, 2006

Market Force Gets $19.3M

Boulder, Colorado-based Market Force Information has received $19.3M in a combination of equity and debt. The firm said yesterday that it has received $11.3M in a Series A equity round from Centennial Ventures, including participation from ...

READ MORE...
Wednesday, February 22, 2006

EnVysion Raises $3.0M

Boulder, Colorado-based EnVysion has raised $3.0M in a first round of private equity funding. The firm said today that it received the investment from Columbia Capital and Bear Equity. Bear Equity is owned by Envysion's chairman, Dan Caruso...

READ MORE...
Tuesday, February 21, 2006

GroupSystems Raises Funding

Broomfield, Colorado-based GroupSystems Corporation said today that it has raised an additional round of venture financing from Slottsbacken Ventures, a Swedish venture capital firm. The developer of decision making software said that it wo...

READ MORE...
Tuesday, February 14, 2006

Steton Gets Investment From Alerion

Scottsdale, Arizona and Salt Lake City, Utah-based Alerion Capital Group said Monday that the firm has invested in Steton, a St. George, Utah-based software firm. Steton provides integrated software systems for mobile data collection and re...

READ MORE...
Friday, February 10, 2006

Zorch Software Gets Funding From UTFC

Sandy, Utah-based Zorch Software has received a round of funding from UTFC. Zorch, which develops integrated project resource management software, targets the biotechnology, pharmaceutical, medical device, and other life science companies. ...

READ MORE...
Wednesday, February 1, 2006

Interview with Jeremy Neilson, Utah Fund of Funds

Jeremy Neilson is the Venture Manager for the State of Utah's Fund of Funds. The fund is investing in venture capital firms who it hopes will evaluate and invest in local Utah firms. The fund recently appointed an advisor, Fort Washington I...

READ MORE...
Tuesday, January 31, 2006

Validity Sensors Raises $16M

Phoenix, Arizona-based Validity Sensors has raised $16M in venture funding, however is now moving to Foster City as a result of the venture round. The firm said it has raised $16M in funding from TeleSoft Partners. Arjun Gupta, managing par...

READ MORE...
Monday, January 23, 2006

VCs Invest $22.1B In Deals in 2005

Venture capitalists invested a total of $22.13B in 2,239 deals, according to a report released today by Ernst & Young LLP and VentureOne/VentureSource. The report found that there was a 2% increase over 2004 in capital invested, led by medi...

READ MORE...
Friday, January 20, 2006

Interview with Jared Hutchings, Managing Director, University Venture Fund

Jared Hutchings is the managing director of the University Venture Fund, which is hosting the University Private Equity Summit (UPES) this weekend in Salt Lake City and Park City. The summit is a student-only conference that brings venture...

READ MORE...
Wednesday, January 11, 2006

Wasatch Venture Fund Adds Principal

Salt Lake City, Utah-based Wasatch Venture Fund announced yesterday that it has added a new person to its roster. The fund said that it has hired Stephanie Spong as its Principal and head of its New Mexico office, replacing John Dunning, wh...

READ MORE...
Tuesday, December 13, 2005

Ulthera Raises $5.5M From 3i

Mesa Arizona-based Ulthera said today that it has raised $5.5M in Series A funding from 3i Venture Capital. Ulthera is developing a therapeutic ultrasound medical device targeted at the cosmetics market. As part of the investment, Allan Fer...

READ MORE...