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Startups

Edtech startup Unbound Concepts raises $800K [Startup Roundup]

Plus: The super stealthy blispay raises $1.25 million.

Millennial's London office. (Photo courtesy of Oktra)
Correction: A previous version of this article, including its title, incorrectly characterized a recent SEC filing from Millennial Media. It was related to its recent acquisition of Nexage, not a new investment round. (12/28/14, 7:35 p.m.)

startup

Who’s getting funded?

millennial

Yay. (Via YouTube)


Millennial Media, based in Canton, transferred $48.25 million in equity to finalize its Nexage acquisition, according to a Securities and Exchange Commission filing.
Unbound Concepts found $800,000 in debt funding under the tree, according to an SEC filing. The cash was part of over $1.5 million in offerings for the edtech startup, based at the Emerging Technology Centers’ Highlandtown incubator.
Avhana, in two separate filings, raised $140,000 in debt and equity. The Hampden medtech startup is a graduate of DreamIt Health.
Forest Hill-based blispay raised $1.25 million in equity. As for what the company does, all the filing says is that the company is in the tech business. An apparent website for the startup appears equally reticent.
Glen Burnie virtual reality display maker Sensics amended a September SEC filing to say it had sold just over $650,000 in debt, not $233,000.
 

Who’s making moves?

Robert Caret is headed home. The former Towson University president, who left to head the University of Massachusetts system in 2011, will succeed William E. “Brit” Kirwan as the University System of Maryland chancellor next summer. The system encompasses all state colleges in Maryland (including Towson) except Morgan State University and St. Mary’s College of Maryland. In related news, Caret’s Towson successor, Maravene Loeschke, announced her own resignation last week, citing the health issues that kept her on a leave of absence in the fall semester.
The Conscious Venture Lab’s second cohort includes companies doing social media monetization for food bloggers and a sustainability teaching tool, as Technical.ly Baltimore reported.
 

From the Broken Record Department

OrderUp hired somebody: Lauren Barnaba is the company’s new community marketing manager for Baltimore, The Daily Record reports.

Companies: Avhana Health / University System of Maryland / Conscious Venture Lab / OrderUp / Towson University / Unbound Concepts / DreamIt Health / Millennial Media
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