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
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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