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.
Parametric Dining, a Philly startup with technology that aims to help diners split a dinner check, raised $219,000, according to an SEC filing. The startup, based in Graduate Hospital, has not launched its product yet.
GIVE A GLANCE
Venture capital firms NEA and General Catalyst have launched their own versions of First Round Capital‘s Dorm Room Fund for college startups at Harvard and Boston respectively, TechCrunch reported. First Round Capital was also named on this list compiled by the San Jose Mercury News of small boutique VC firms that are “turning heads.”
Safeguard Scientifics leads $8.7M round for NYC’s AppFirst [VC Roundup]
InsPro Technologies: Eddystone-based insurance software company raises $1.5M [VC Roundup]
Xtium: King of Prussia cloud-hosting company raises $2M [VC Roundup]
Penn (still) has high rate of alumni entrepreneurs leaving the region: report [VC Roundup]
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