Tags Funding and Investment

Tag: Funding and Investment

Matic Insurance Services Raises $7M in Series A Round Backed by Top VC Firms

SHERMAN OAKS, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) -- Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country.

New Talking Lexa Bear Designed to work With Amazon Alexa, Turns Your Digital Assistant Into Your Forever Friend

AUSTIN, Texas, Oct. 11, 2017 (SEND2PRESS NEWSWIRE) -- Wetwire Robotics today announced they are launching the first in a new line of smart toys geared towards digital assistants like Amazon's Alexa devices. The first model is called Lexa Bear and is a talking teddy bear that is designed to hold an Echo Dot or connect with any Bluetooth device like a mobile phone or tablet. Wetwire Robotics has designed the bear to synchronize its mouth movements in real time to the human voice. It is not limited to pre-recorded audio and can speak with about any audio it's connected to.

Kevin Costner backed Lender Price Names Jerry L. Halbrook as CEO, Opens New $10 Million Investment Round

PASADENA, Calif., Sept. 25, 2017 (SEND2PRESS NEWSWIRE) -- Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.

SparkleCOIN Launches Initial Coin Offering (ICO) at TechCrunch Disrupt SF

SAN FRANCISCO, Calif., Sept. 20, 2017 (SEND2PRESS NEWSWIRE) -- Sparkle Coin, Inc., designed to be the most transactable cryptocurrency available, is launching its initial coin offering (ICO) at 1 p.m. PDT September 20 and running through October 20, 2017 with coins beginning at $5. A LIVE STREAMING event will start at 12 p.m. PDT at TechCrunch SF.

TechCrunch Disrupt SF 2017: CEO Victor Wong of Sparkle Coin, Inc. to Show New eCommerce-optimized Cryptocurrency

SAN FRANCISCO, Calif., Sept. 14, 2017 (SEND2PRESS NEWSWIRE) -- Sparkle Coin, Inc., founders of Sparkle Coin, a new cryptocurrency that allows users to make purchases from popular online retailers - like Amazon and Walmart - and features a currency exchange for liquidity, will be hosting a "lunch and launch" event during TechCrunch Disrupt SF 2017.

Sparkle Coin, Inc. Launches Next-Gen Crypto-currency, backed by Diamonds

CHICAGO, Ill., Sept. 6, 2017 (SEND2PRESS NEWSWIRE) -- Sparkle Coin, Inc. today introduced its eponymous cryptocurrency, the first of its kind backed by diamonds, as the initial step toward the company's goal of creating more efficient global economic growth to promote societal advancement by developing a platform that brings cryptocurrencies into the mainstream business and consumer markets. Sparkle Coin is a hybrid cryptocurrency possessing the best qualities of both PoW (Proof of Work) and PoS (Proof of Stake).

STiKidotz Customizable 3D Pixel Art Stickers on KICKSTARTER, Fuel Imagination and Learning Too

ATLANTA, Ga., Aug. 28, 2017 (SEND2PRESS NEWSWIRE) -- The Dotz Company, LLC, an established games and toy business, is excited to announce a new product that's fun for all ages - STiKidotz(TM). It's sure the concept will take off, that's why it's launched a Kickstarter campaign to help get it off the ground.

New on Indiegogo! STiKidotz Customizable 3D Pixel Art Stickers for Imagination and Family Game Time

ATLANTA, Ga., Aug. 1, 2017 (SEND2PRESS NEWSWIRE) -- The Dotz Company, LLC today announced a new product for all ages. STiKidotz(TM) are customizable, re-stickable, brightly colored 3D art pixel stickers that you can design and redesign yourself. The stickers' base are made from soft silicone, a material that is flexible and bendy and can be cut into any shape. The designs are created on the sticker's base using colorful dotzPIXELS(TM). These small pieces come in a 4x4 perforated dotzBLOK(TM) that can be easily separated into the dotzPIXELS that precisely fit on the sticker.

Oak Hill Capital Partners to Invest in EPIC Insurance Brokers and Consultants

SAN FRANCISCO, Calif., July 27, 2017 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage, and employee benefits consultant, announced today that private equity firm Oak Hill Capital Partners (Oak Hill) has agreed to acquire all of The Carlyle Group's stake, giving Oak Hill a controlling equity position in EPIC. Oak Hill's investment will enable EPIC to continue its aggressive organic growth strategy.

Verify Smart Corp Signs Letter of Intent to Acquire Equity Stake and International Reseller Rights in Med-Con Technologies, LLC

FERNLEY, Nev., June 8, 2017 (SEND2PRESS NEWSWIRE) -- Verify Smart Corporation (OTC:VSMR / OTCMKTS:VSMR) a Global innovator in financial fraud prevention and digital distribution solutions announced today that it has signed a Letter of Intent to acquire an equity stake and exclusive international reseller rights in Med-Con Technologies, LLC for cash and stock.

Pompano Beach CRA & Urban Land Institute Symposium to Reveal Half-Billion Investment Opportunity

POMPANO BEACH, Fla., June 7, 2017 (SEND2PRESS NEWSWIRE) -- The Pompano Beach CRA has partnered with the Urban Land Institute to host a unique symposium outlining the $500 million investment opportunity available for developers in the Pompano Beach Innovation District. Nationally recognized redevelopment experts and invested developers will provide comprehensive details about the last 24 acres of undeveloped parcels in Broward County with prime visibility from I-95.

Cloudvirga Inc. Raises $15 Million in Series B Funding for Fintech Innovations

IRVINE, Calif., March 27, 2017 (SEND2PRESS NEWSWIRE) -- Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings.

LevelFunded Health Selected for 2017 Plug and Play Insurtech Program

BOCA RATON, Fla., March 8, 2017 (SEND2PRESS NEWSWIRE) -- LevelFunded Health is excited to announce that it was recently selected as one of the new top innovative insurance businesses by one of Silicon Valley's most active venture group, Plug and Play. The 12-week program connects promising start-ups, early and growth stage companies, to some of the world's largest insurance corporations.

FENDER FRIEND LLC Offers Automotive Retrofit App to Licensors and OEMs

NEW YORK, N.Y., Jan. 30, 2017 (SEND2PRESS NEWSWIRE) -- New York-based FENDER FRIEND LLC is pleased to offer the autonomous app Fender Friend(TM) for licensing, effective Feb. 1, 2017. The Fender Friend seeks to provide older model vehicles with capabilities such as automatic braking and parking assistance, as just two examples of amenities currently standard in newer automobiles.

Bank of Southern California NA Completes $7MIL Capital Offering and Announces New Board of Directors

SAN DIEGO, Calif., Jan. 4, 2017 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California.

Maxwell Financial Labs Inc. Announces Funding to Reinvent Mortgage Experience

DENVER, Colo., Dec. 14, 2016 (SEND2PRESS NEWSWIRE) -- Maxwell Financial Labs, Inc. announced today it had secured $1.95M in funding, with anchor investors MATH Venture Partners, Techstars Ventures, Zelkova Ventures and Sovereign's Capital. The funding follows on the heels of Maxwell's commercial launch on August 16.

Redevelopment Management Associates’ Kim Briesemeister Featured in IDA’s Top Issues Council Report

POMPANO BEACH, Fla., Nov. 15, 2016 (SEND2PRESS NEWSWIRE) -- The International Downtown Association recently released their first six Top Issues Council reports, which feature industry leaders who produced in-depth research briefs on top urban issues. Kim Briesemeister, principal of Redevelopment Management Associates, served on the Public-Private Partnerships Council.

PDC CEO Emilio N. Francisco Announces $45 Million Capital Raise for Clear Currents

COSTA MESA, Calif., Feb. 20, 2015 (SEND2PRESS NEWSWIRE) -- Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced that PDC is raising $45 million in EB-5 immigrant investor funds to assist biodegradable organic chemical products firm Clear Currents, Inc.

WHAT'S NEWS