First Round Capital leads $2 million round for Chicago-based healthcare crowdsourcing site [VC Roundup] - Technical.ly Philly

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Jul. 31, 2012 8:30 am

First Round Capital leads $2 million round for Chicago-based healthcare crowdsourcing site [VC Roundup]

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line. MUST READS First Round Capital led a $2 million round, along […]

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.

MUST READS

First Round Capital led a $2 million round, along with Founder Collective, for the Chicago-based healthcare crowdsourcing site GiveForward, VentureBeat reports. It also participated in a $2.8 million round for humor site 9Gag, based in Hong Kong and San Francisco, BetaKit reports.

In national VC news, following a long trend, seed stage funding is outpacing series A funding, according to a report by CB Insights.

MIGHT BE WORTH YOUR TIME

Comcast Ventures led a $12 million round of Series C funding for WhoSay, a New York City-based social network for celebrities, The Wrap reports.

Mid-Atlantic Diamond Ventures, Temple University’s Fox School of Business early-stage investment program, is holding an open call for companies on September 21 in Gladwyne, Pa. If you’re interested in presenting, get more details on MADV’s website.

GIVE A GLANCE

Lightning Gaming, a software developer for casino games based in Boothwyn, Pa., raised $1 million, according to an SEC filing.

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Relmada Therapeutics, a Blue Bell pharmaceutical company, closed a $3 million round with funding from Benjamin Franklin Technology Partners, according to PEHub.

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Juliana Reyes

Juliana Reyes has been covering the Philadelphia tech scene since 2012. She's co-president of the Asian American Journalists Association Philadelphia chapter and a two-time Philadelphia News Award winner for "Community Reporting of the Year." The Bryn Mawr College grad lives in West Philly, likes her food spicy and wears jumpsuits often.

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