Venture Funding

Virsto Software raises $7 million; to launch new storage solutions for virtual servers

Virsto Software

In its Series A funding round led by August Capital, Virsto Software, a trendsetter in storage solutions for virtual servers, has secured $7 million. The round also included investment by Canaan Partners, which was a seed investor in Virsto in 2008.

ABS Capital Partners closes its $420 million ABS VI fund

ABS Capital Partners closes its $420 million ABS VI fund

The prominent later-stage growth company investor ABS Capital Partners, which focuses chiefly on four growth sectors, namely business services, healthcare, media and communications, and software, h

Next-gen IT automation provider Reductive Labs raises $2.0 million in Series A funding

Next-gen IT automation provider Reductive Labs raises $2.0 million in Series A f

A $2 million Series A funding round, led by the Silicon Valley-based early stage investor True Ventures and other private investors, has been closed by the next-gen enterprise IT automation provider - the Portland, Orlando-based Reductive Labs.

$2 million secured by social media payment platform - oneTXT

oneTXT

A $2 million Series A funding round has been secured by the New York City-based social media payment platform oneTXT. The round led by Metamorphic Ventures, saw contributions from KPG Ventures, New York Angels Fund, and individual angel investors, including David Hirsch, Geoffrey Judge, Roger Ehrenberg, Mark Michel.

2tor Raises $10 Million To Help Universities Manage Online Degree Programs

2tor

In a Series A funding round by Redpoint Ventures, with Novak Biddle Venture Partners and City Light Capital as co-investors, 2tor - the startup that associates with universities to develop, administer, and market ingenious and high-quality online degree programs - has raised $10 million.

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