Funding and Investment News - Page 4

Page 4 of Funding and Investment News issued by the Send2Press® Newswire service.



Klingenstein Fields Wealth Advisors: In Memoriam – Frederick A. Klingenstein

NEW YORK, N.Y., Jan. 7, 2019 (SEND2PRESS NEWSWIRE) — The Members of Klingenstein Fields Wealth Advisors (KFWA) mourn the passing of Fred Klingenstein, a founding member of the firm and Chairman Emeritus. Together with his brother, John Klingenstein, and colleague, Kenneth H. Fields, Fred established the firm in 1989 to provide investment advice and guidance to high-net-worth individuals and families. Prior to KFWA, Fred was CEO of Wertheim & Company and Co-Chairman of Wertheim-Schroder & Company.

Bindable announces an investment round led by EPIC, Motive Partners and Wafra

BOSTON, SAN FRANCISCO and NEW YORK, Nov. 27, 2018 (SEND2PRESS NEWSWIRE) — Bindable, an insurance technology company whose goal is to transform the affinity distribution of insurance, today announced an investment from EPIC Holdings, the corporate parent overseeing investments across the entire EPIC platform, including EPIC Insurance Brokers & Consultants, and a Wafra advised fund, in conjunction with Motive Partners, a global private equity firm focused on investing in financial technology companies.

Ndex Systems launches a significant breakthrough in consolidating data for reporting to clients on investment, fixed indexed annuity and insurance accounts

BOSTON, Mass., Nov. 7, 2018 (SEND2PRESS NEWSWIRE) — Ndex Systems today announced the launch of a major enhancement in its ability to generate consolidated reports for portfolios that include indexed annuities and insurance accounts.

Friday the 13th original stars reunite in ’13 Fanboy’!

NOGAL, N.M., Oct. 29, 2018 (SEND2PRESS NEWSWIRE) — “Friday the 13th” has a passionate fan base that has been waiting for almost a decade for another installment. With the lawsuit between Victor Miller and Sean Cunningham still not resolved a new film isn’t likely for several more years, but Voorhees Films has a solution for your much-needed fix, “13 Fanboy.”

Byte Back Wins CDN $1 Million TD Grant for Expansion

WASHINGTON, D.C., Oct. 24, 2018 (SEND2PRESS NEWSWIRE) — Today, TD announced Byte Back as one of 10 recipients of the inaugural TD Ready Challenge grants. Each recipient organization will receive CDN $1 million (USD $775,000) to help them scale innovative solutions aimed at preparing North Americans for the economy of the future.

The Pap Corps Receives $100,000 Matching Gift Challenge by The Yass Family

BOCA RATON, Fla., Oct. 23, 2018 (SEND2PRESS NEWSWIRE) — The Pap Corps Champions for Cancer Research has announced a $100,000 matching gift challenge by The Yass Family. This gift will be utilized to enhance the 2018 Dr. Kevin Berkowitz Memorial End of Year Giving Campaign, which will be directed towards melanoma research at Sylvester Comprehensive Cancer Center at the University of Miami Miller School of Medicine.

Cold Chain Capital, LLC launches: Private Equity Firm Focused on Air Conditioning and Refrigeration

SYRACUSE, N.Y., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — Cold Chain Capital LLC (“Cold Chain Capital”), a Fayetteville, N.Y.-based private equity firm, announced its launch today. The company focuses on the heating, ventilation, air conditioning and refrigeration industry (“HVACR”).

Chartered Retirement Planning Counselor shares how to engage your grown kids about preparations for their own retirement

WASHINGTON, D.C., Aug. 20, 2018 (SEND2PRESS NEWSWIRE) — In his compact new book, “Parent’s Guide to Your Child’s Retirement: 21 Thought-Provoking Conversations to Have with Your Adult Children” (ISBN: 978-0999641415) Chartered Retirement Planning Counselor(SM) Rodger Alan Friedman, delivers an easy to follow structure that may serve to enable you and your adult children to have positive, engaging and thoughtful conversations regarding their future retirement.

Klingenstein Fields Wealth Advisors Ranked in Financial Times 2018 Top 300 Registered Investment Advisers

NEW YORK, N.Y., June 28, 2018 (SEND2PRESS NEWSWIRE) — Klingenstein Fields Wealth Advisors (KFWA) is pleased to announce it has been named to the 2018 edition of the FT 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S.

Cloudvirga Raises $50M to Deliver a Truly Digital Mortgage Experience

IRVINE, Calif., May 16, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital with ongoing participation from Upfront Ventures.

Jallo Oil Distributors’ President is Major Benefactor for Soon to Be Released Documentary on Christian Persecution

TAMPA, Fla., March 27, 2018 (SEND2PRESS NEWSWIRE) — Patrick Carberry, founder Joshuacord Inc., has teamed up with In Altum Productions, film director Jordan Allott, and Paul Jallo, president, Jallo Oil Distributors’ to produce a much-needed documentary that addresses the plight of Christian persecution in the Middle East and Africa. Joshuacord is a non-profit 501(c)(3) organization developed to help people persecuted for their Christian faith.

Virginia Startup CounterFlow AI closes $2.7M Seed Round

CHARLOTTESVILLE, Va., Feb. 27, 2018 (SEND2PRESS NEWSWIRE) — Cybersecurity startup CounterFlow AI announced last week that it has raised $2.7 million in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the founders’ previous venture, nPulse Technologies (acquired by FireEye in 2014).

Neurotech Reports Announces 2018 Investment and Management Conference for Bioelectronic Medicine

NEW YORK, N.Y., Jan. 30, 2018 (SEND2PRESS NEWSWIRE) — Neurotech Reports, the publisher of Neurotech Business Report newsletter, today announced the launch of the Bioelectronic Medicine Forum, the first investment and management conference for the bioelectronic medicine industry. The inaugural event will take place on March 22, 2018 at the Millennium Broadway Times Square in New York, N.Y.

Paragon Insurance Holdings Announces Equity Investment from Edgewood Partners Insurance Center and Oak Hill Capital Partners

AVON, Conn., Jan. 29, 2018 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings, LLC (“Paragon”), a national multi-line specialty MGA, announced today that Edgewood Partners Insurance Center (EPIC) and Oak Hill Capital Partners have taken an equity stake in the company. The investment from EPIC and Oak Hill will further propel Paragon’s organic and M&A growth strategies and create greater opportunity for Paragon’s agency, carrier and reinsurance trading partners.

In This Season of Thanksgiving Dunlap Gift of $350,000 Benefits Guardian Angels Medical Service Dogs

WILLISTON, Fla., Dec. 13, 2017 (SEND2PRESS NEWSWIRE) — Guardian Angels Medical Service Dogs, Inc. a national 501(c)(3) non-profit, located in Williston, Fla., and the Community Foundation for Ocala Marion County are proud to announce, and extend our heartfelt thanks and appreciation to Al and Judith Dunlap for their incredibly generous gift of $350,000 to support the work of training medical service dogs for Veterans and First Responders.

Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation

DENVER, Colo., Dec. 6, 2017 (SEND2PRESS NEWSWIRE) — Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.

Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and 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 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.

Lender Price Names Jerry L. Halbrook as CEO and Opens New $5-$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.

Taylor Wilshire launches Wilshire Foundation Fund for Beneficial Social Impact

NEW YORK, N.Y., Sept. 12, 2017 (SEND2PRESS NEWSWIRE) — The Wilshire Foundation recently announced the close of first-round funding for its Conscious Capital Fund. The Wilshire Foundation, created by the team at Wilshire Financial including CEO Taylor Wilshire, constructs programs and invests in organizations that address chronic environmental, social, and economic challenges in unique and transformative ways.

STiKidotz Customizable 3D Pixel Art Stickers 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.

Oak Hill Capital Partners to Invest in EPIC Insurance Brokers and Consultants to Support EPIC’s Further Growth & Expansion

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 Exclusive 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 and 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.

WorldAPP Secures Financing Round to Fuel Growth

BRAINTREE, Mass., May 23, 2017 (SEND2PRESS NEWSWIRE) — WorldAPP, a leading provider of mobile data collection and process optimization software today announced that it has completed financing round with Providence-based Bay Capital Investment Partners. The transaction amount was not disclosed.

Mortgage Automation Pioneer cloudvirga Raises $15 Million in Series B Funding

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 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 Autonomous App to Licensors and Automotive 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 Completes $7 Million Capital Offering and Announces New Board of Directors

SAN DIEGO, Calif., Jan. 4, 2017 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: 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 Announces $1.95M in 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.

RMA’s 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.

Utelogy Corporation Successfully Completes Series A Private Equity Offering

LOS ANGELES, Calif., Oct. 18, 2016 (SEND2PRESS NEWSWIRE) — Utelogy Corporation, creator of enterprise audio/visual control, management, services and analytics software for use in higher education and enterprises announced that it has successfully closed a fully-subscribed, private equity offering with a small group of private Accredited Investors at an undisclosed value. Funds from this offering will support the company’s current growth trajectory including software developers and additional support staff.

Bank of Southern California N.A. Announces $7 Million Capital Offering

SAN DIEGO, Calif., Sept. 27, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

UltraCap Creates Revolutionary Lightweight Car Battery

LONDON, U.K., Sept. 26, 2016 (SEND2PRESS NEWSWIRE) — Scientists from London-based UltraCap Ltd. are in the final stages of developing a “green” solid state battery for electric vehicles that they claim will be 40 times lighter than current Lithium-Ion batteries. UltraCap founders, Professor Vladimir Krstic and Nico Van Dongen, say their new battery, the UltraCapacitor, will be able to charge within minutes and that, eventually, a pocket-sized version of the battery will bring us one step closer to emission-free transportation.

Titan Offers Trade Transaction Management Services to Mortgage Investors

DENVER, Colo., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.

Actor, Stuntman and Filmmaker Zak Lee Guarnaccia Launches Kickstarter for Martial Arts Action Feature KALM at Comic-Con

HOLLYWOOD, Calif., July 9, 2015 (SEND2PRESS NEWSWIRE) — Zak Lee Guarnaccia, Actor/Stuntman, Executive Producer at LightRow Pictures, and Paul Lupi, Producer of Lupi Pictures, enter production of the feature film in the martial-arts, action-thriller genre entitled ‘KALM.’ Principal photography partially funding being raised on Kickstarter. The project will debut at the SAN DIEGO COMIC-CON 2015 (SDCC).

Voices.com Secures $2 Million in Capital Investment from BDC Capital

LONDON, Ontario, April 30, 2015 (SEND2PRESS NEWSWIRE) — Voices.com, the go-to online marketplace for voice-over, is pleased to announce a $2 million working capital investment from BDC Capital. The company will use this capital to acquire additional space, tools, and hire more people to maintain momentum as it is working to solidify its leading market position.

California Ferret Enthusiasts Launch Crowdfunding Campaign for Ballot Initiative on National Ferret Day

LA MESA, Calif., April 1, 2015 (SEND2PRESS NEWSWIRE) — Tired of working and waiting for ferret legalization, which never comes despite thirty years of efforts – LegalizeFerrets.org is planning a ballot initiative to free our domestic ferrets from unnecessary and unfair regulation. April 2 is National Ferret Day in the USA and California ferret lovers are using the occasion to launch a crowdfunding campaign on Indiegogo.

Bank of Southern California Successfully Raises $7.2 Million in Capital

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California (OTCQB:FBBN / OTCMKTS:FBBN) (the ‘Bank’) announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

Entrepreneurship in Missouri ignites: Youth prepare for Missouri State Fair Entrepreneurship Competition

MARSHALL, Mo., July 24, 2014 (SEND2PRESS NEWSWIRE) — We all can say that youth entrepreneurship is an amazing topic of conversation. However, sometimes that conversation isn’t loud enough to be heard. In the state of Missouri, every August, there is a state-wide business competition where youth and adults compete in categories of their own for seed money to launch, expand or maintain their business ideas. Over a dozen youth ages 12 – 18 have been accepted into the MADE in Missouri Business Competition, hosted by the Missouri Valley Community Action Agency (MVCAA).