Intact Vascular in Wayne raises $15.5M from Quaker Ventures, others [VC Roundup] - Technical.ly Philly

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Sep. 11, 2012 8:30 am

Intact Vascular in Wayne raises $15.5M from Quaker Ventures, others [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 Comcast Ventures led a $25 million […]

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

Comcast Ventures led a $25 million series B round for Nebula, a Palo Alto, Calif.-based cloud computing startup, Venture Beat reported.

MentorTech Ventures participated in a $7 million series A round for Spreecast, a San Francisco-based group video chat company, GigaOM reported.

GIVE A GLANCE

The Philadelphia Inquirer has an in-depth look at the $15.5 million that Wayne-based medical device company Intact Vascular raised last week. Center City’s Quaker Ventures participated in the round, along with Miami’s H.I.G. Ventures and several angel investors, the Inquirer reported.

With $481 million in 2011 venture capital investment, Philly is ranked fourteenth nationally, we reported last week. Check out an interactive map of venture capital investment in the U.S. on Newsworks.

MIGHT BE WORTH YOUR TIME

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IndiPharm, Inc., a pharmaceutical company based in Radnor, Pa., raised $1.5 million, according to an SEC filing.

Safeguard Scientifics, the investment fund based in Wayne, announced it would hold Investor Day 2012 next month in New York City, according to a press release.

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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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