Funds FlatFrog Closes $10 Million Funding Round
FUND FlatFrog Laboratories AB, a leading provider of multi-touch systems, announced recently that it has closed a $10 million funding round.
INVESTOR The successful funding round was achieved with existing investors Invus, Sunstone Capital and Intel Capital.
TARGET FlatFrog intends to use the funds to accelerate the
commercialization of its multi-touch technology for PC applications and expand its presence in Asia in 1H 2014.
THE COMPANY FlatFrog is revolutionizing the touch industry with its patented in-glass touch technology. It offers a smooth and precise touch performance, supporting 40 simultaneous touches with unique pressure detection in a bezel-less design. FlatFrog Touch is designed for mass production and integration into consumer products such as All-in-One PC’s, Notebooks and Tablets. FlatFrog Laboratories AB is based in Lund, Sweden.
Name
FlatFrog Laboratories AB Target
Accelerate the commercialization of its multi-touch technology for PC applications and expand its presence in Asia in 1H 2014.
Investors
Invus, Sunstone Capital and Intel Capital.
Chrome River Raises $17 Million in Series C Funding Name
Chrome River Target
Continue to rapidly deliver new mobile functionality and value to our customers.
Investors
Bain Capital Ventures, First Analysis and Argentum.
FUND Chrome River, a leading provider of expense management and supplier invoice processing software, has announced that it has raised $17 million in a Series C funding round.
INVESTOR The round was led by Bain Capital Ventures and includes existing investors First Analysis and Argentum.
TARGET Alan Rich, Chrome River co-founder and CEO expressed “This
capital will enable us to continue to rapidly deliver new mobile functionality and value to our customers. In addition to new features, we will be investing aggressively in significant modules and services to complement our full accounts payable solution suite.
THE COMPANY Chrome River Technologies, Inc. provides expense reporting and supplier invoice automation solutions that uniquely combine the latest available internet technologies with a team of industry- leading implementation and support experts.
Main Street Hub Secures $14 Million Series B Funding Name
FUND Main Street Hub, the Austin based “do-it-for you” marketing platform for local businesses, has announced the closing of a $14 million Series B equity financing round.
INVESTOR The financing round was led by Bessemer Venture Partners (BVP) with participation from existing investors, including Harrison Metal Capital.
TARGET The funding will be used to further develop Main Street Hub’s
technology and content operations, and to expand its sales presence in Austin, San Francisco, New York and Los Angeles. With this round, the Local CRM leader has raised more than $20 million of equity financing to date.
THE COMPANY Founded in 2010, Main Street Hub is the networked CRM for Local. The company offers an integrated social, web, and email marketing solution designed to help merchants get more customers and keep them coming back by spreading word of mouth, extending their customer service, managing their online reputation, and leveraging Main Street Hub’s merchant network.
Main Street Hub Target
Further develop Main Street Hub’s technology and content operations, and to expand its sales presence in Austin, San Francisco, New York and Los Angeles.
Investors
Bessemer Venture Partners and Harrison Metal Capital
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