Insurance software firm UniRisX raises $11.5M [Startup Roundup] - Technical.ly Philly

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Aug. 28, 2013 11:30 am

Insurance software firm UniRisX raises $11.5M [Startup Roundup]

NewSpring Capital invests $8 million in an online publisher, First Round Capital backs a photo-sharing app and more.

WHO’S GETTING FUNDED?

Radnor-based NewSpring Capital invested $8 million in an $11 million round for New York City-based online publisher Open Road Integrated Media, the Philadelphia Inquirer reported.

First Round Capital participated in a $1.6 million round for San Francisco-based photo-sharing app Cluster, AllThingsD reported.

Cherry Hill, N.J.-based biotech firm BioIncept raised $1.8 million, according to an SEC filing. BioIncept develops treatments for immune disorders, according to the LinkedIn of one of its advisors.

Insurance software firm UniRisX, based near the Philadelphia Airport, raised $11.5 million, according to an SEC filing.

WHO’S MAKING MOVES?

Support Philly startups vying to speak at SXSW by voting for them in the annual conference’s Panel Picker. Here’s our roundup of Philly talks, featuring startups and tech companies like Curalate, SEER Interactive and AWeber.

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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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