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
The Economic Development Authority of New Jersey has invested $3 million and $2 million in Osage Venture Partners and NextStage Capital, respectively.
Vox Media, publisher of the Verge, SB Nation and an upcoming yet-to-be-named gaming site has raised $17 million. The site has previously raised money from Comcast Ventures. No word on the source of the new funding.
MIGHT BE WORTH YOUR TIME
According to Form D filings, West Conshohocken’s Azelon Pharmaceuticals has raised $2.4 million.
Certes Networks, a Pittsburgh-based cloud security company, has raised $7 million from NextStage Capital and others.
Path, a Frist Round Capital company, is raising a round of funding at a valuation of $250 million. The company recently got some buzz with Brittany Spears becoming a very public user of the social app.
GIVE A GLANCE
Dog Vacay, the Los Angeles-based website that matches pet owners with pet service providers has raised $1 million in seed funding from First Round Capital and others.
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