First Round Capital gets healthy

First Round Capital is among a handful of investors contributing $1.7 million to MotherKnows, a site that helps parents manage medical records for their children. Sounds similar to Philly’s own AboutOne. BetaBeat has a story about First Round’s recent interest in the healthcare industry as well.
Yardley-based  Journal Register Co. has been purchased by Alden Capital, a hedge fund that also has a stake in the Philadelphia Media Network. JRC – publisher of the Delaware County Daily Times, the Norristown Times Herald and the Trentonian among other news properties – emerged from bankruptcy in 2009 with an aggressive digital-first strategy.

MIGHT BE WORTH YOUR TIME
Quorum, the “entrepreneur’s club house” at the University City Science Center will be hosting “Coffee and Capital” events to enable informal conversation between investors and entrepreneurs. The first event, happening tomorrow, will feature Ellen Weber of Robin Hood Ventures.
Lawrenceville-based Edison Ventures has invested $2 million in MotionSoft, a Maryland-based company that provides SaaS and payment services to the healthcare industry. The investment will be used to increase the company’s sales and marketing capacity.
GIVE A GLANCE
Glen Bressner, managing partner of Originate Ventures was appointed to St. Christopher’s Hospital for Children’s board of governors, according to the Inquirer.
Global software company Quintiq has received investment from LLR PArtners and NewSpring Capital, both local firms. Quintiq, established in 1997, makes “supply chain optimization” software.
Agile Therapeutics continues its current round, reaching $33 million in total investment. The company has received some its current investment from Novitas Capital.