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.
King of Prussia medical device company InSyte Medical Technologies raised $2.1 million, according to an SEC filing. The company develops devices that help deliver anesthesia for childbirth, according to Business Week.
Plymouth Meeting-based company BioBehavioral Diagnostics Company raised $2.4 million, according to an SEC filing. The company, which also has an office in Cambridge, Mass., develop technology surrounding ADHD.
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Benjamin Franklin Technology Partners of Northeastern Pennsylvania recently announced a $260,000 investment in the four businesses in the Lehigh Valley, including ZeroTruck Corporation, a “next-generation electric drive integration system,” and SuccessTSM LLC, a “disaster recovery management software tool.”