Posts in Portfolio Company News
NuScriptRX names new CEO

Nashville-based NuScriptRX has named a new chief executive officer.
 
C. Daniel Haron, formerly president of Cigna Pharmacy Management, is the mail-orderinstitutional pharmacy’s new CEO, according toa news release. Haron replaces board memberDonald Taylor, who has served as interim CEO since July 2012.

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Clinical Ink Announces $4.3M Equity Round Led by FCA Venture Partners

Clinical Ink, the pioneering provider of eSource solutions for clinical trials, has announced a $4.3M Series B Investment Round led by FCA Venture Partners. “This infusion of funds will allow Clinical Ink to aggressively build the capabilities needed to address the rapidly increasing customer demand for eSource technology in clinical trials,” said Ed Seguine, CEO of Clinical Ink. “Our business has more than doubled in the last year and we will be expanding our management team, development capabilities, and implementation resources to support a wider range of clinical trials globally.  Our customers, from large pharma to small biotech, have achieved real productivity gains at a fraction of the cost of current solutions and we will be in a position to continue to support innovative approaches to remote monitoring, site selection, and data management.”

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Catavolt Raises $5M Series B Investment For Secure Enterprise Mobility Platform

Catavolt, Inc., creator of the world's first cloud middleware enterprise mobility platform, today announced the close of a $5M Series B investment round. San Francisco-based, Toba Capital, recently formed by Vinny Smith, former CEO and Founder of Quest Software, led the round in cooperation with Nashville, Tennessee-based FCA Venture Partners, an existing investor in Catavolt and Series A participant. The capital received from this round will be used to expand the sales organization, market the company's cloud middleware platform more aggressively, and further expand the product innovation team.

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Catavolt Raises $1.5 million in Series A Funding

Catavolt, Inc., a recognized market innovator in enterprise mobility, today announced it has closed a $1.5 million Series A investment round led by FCA Venture Partners, a Nashville, TN based venture capital firm, with participation by angel investor George Salem. Catavolt’s primary service offering is Catavolt Extender, a hybrid cloud service that securely provides real time mobile access to all enterprise data in the form of native applications to any mobile device.

Catavolt’s unique approach, based on its patent-pending Dual Model Architecture, enables organizations to rapidly create and deliver mobile applications to business users without the need for costly and traditionally resource-intensive software development projects. Catavolt serves a wide variety of customers, from manufacturing and distribution, to the defense industry and healthcare, which are competitively providing access to enterprise data for their business users on their own mobile devices.

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edo interactive Raises $15M Series C Growth Round

Edo, a card-linked local offers a platform that targets customers based on their real-world spending behavior, has closed a $15 million Series C round of funding, the company announced today. The round was led by VantagePoint Capital Partners, and saw participation from Baird Venture Partners and other existing investors (including FCA Venture Partners), bringing edo’s total financing to $54.3 million. Unlike many of the current local-offer platforms, edo doesn’t require a check-in, a punch card, a mobile app, or specialized point-of-sale hardware. Instead, it ties to consumers’ bank cards (credit or debit), and then tracks spending behavior to know which offers to send.

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