News
SmartPill Secures $20 Million Series 2 Financing
Tuesday, July 22nd, 2008Buffalo, N.Y., July 22, 2008 - SmartPill Corporation, a leading developer of capsule-based medical devices that aid in the diagnosis, definition and therapeutic intervention of gastrointestinal motility disorders, announced the completion of a Series 2 financing that will provide $20 million to support plans for continued growth and new market penetration. The current round of funding was led by Oxford Bioscience Partners and Psilos Group with participation by Kimberly-Clark Ventures and High Peaks Venture Partners. (more…)
TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B Financing
Thursday, June 19th, 2008TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B Financing; Becomes First to Deploy ‘Platform-as-a-Service’ for Prepaid Card Processing; and Appoints Industry Veterans to Management Team and Boards
Company Also Releases White Paper on Revolutionary Platform-as-a-Service Approach to Prepaid Card Processing
New York, NY – June 18, 2008 – TxVia, Inc., a pioneer in prepaid card processing technology, today announced that the company has changed its name from TxCore, Inc. and secured $8.5 million in venture capital as part of its Series B financing. The funding was led by an existing investor, Espírito Santo Ventures, with participation from the company’s lead Series A investors, Village Ventures and High Peaks Venture Partners. (more…)
Worktopia Secures Series B Financing Led by European Founders Fund
Friday, March 14th, 2008Worktopia (www.worktopia.com), the first and only online booking engine for meeting space in hotels, conference centers, airport clubs and other venues, has secured $5 million of additional capital for further domestic and international expansion. (more…)
High Peaks Closes Investment in SaaS Platform Company Apprenda
Friday, March 14th, 2008High Peaks is pleased to announce a $500,000 investment in Clifton Park based Apprenda. The capital will enable Apprenda to complete their beta testing phase and move to full commercial launch of its Software as a Service (SaaS) platform, SaaSGrid. (more…)
Peak Pitch 2008 Wraps Up at Windham Mountain
Wednesday, March 12th, 2008
High Peaks Venture Partners’ second annual Peak Pitch event came to a close on a sunny Tuesday afternoon at Windham Mountain ski area in the Catskills of New York. The event was a very productive and enjoyable day of skiing, pitching and networking for the 60 entrepreneurs, venture capitalists, and invited guests in attendance. (more…)
High Peaks Announces Investment in TxCore, Inc.
Sunday, January 20th, 2008High Peaks Venture Partners is pleased to announce its recently closed investment in New York-based TxCore, Inc. TxCore is an early-stage software company that is developing a revolutionary platform and toolset for the branded prepaid debit card industry. High Peaks partnered with Village Ventures and existing TxCore investors in this $2.5 million financing.
(more…)
ReQuest Wins Editors’ Choice Award
Thursday, January 17th, 2008ReQuest’s innovative iQ System was launched to rave reviews. The iQ is a multi-room digital music server that combines a number of breakthrough features including plug ‘n’ play setup, touchscreen interfaces and ReQuest’s own NetSync software for iTunes. The iQ earned the 2007 Editor’s Choice Award from Sound and Vision Magazine.
Read the full story at Sound and Vision Magazine.
High Peaks Announces Participation in $5MM Financing for Worktopia, Inc.
Monday, October 29th, 2007High Peaks Venture Partners is pleased to announce its participation in a recently closed $5 million equity financing for Worktopia, Inc. Founded by seasoned experts in the hotel and conference facilities industry, Worktopia (www.worktopia.com) is the first direct online booking engine for meeting space in hotels, airport lounges and other venues, providing a fully automated solution to the $24B market for small corporate meetings. Joining High Peaks in the syndicate are New York-based DFJ Gotham Ventures and Milestone Venture Partners, also of NYC. Worktopia will deploy the additional capital to drive expansion of its network of hotel partners, to build on its foundation of corporate travel distribution relationships and to extend its leadership position. Worktopia is the first service to allow meeting planners to search, compare and book meeting space, equipment and simple catering online in real-time, a massive market that has until now been conducted via fax and telephone. (more…)
Allworx Acquired by PAETEC Corp. (NASDAQ: PAET)
Friday, October 12th, 2007October 12, 2007
High Peaks Venture Partners is pleased to announce that Allworx, a VoIP phone system provider, has been acquired by fellow Rochester based telecommunications company PAETEC Holdings Corp.
For more information see the full press release.
Pump Audio Acquired by Getty Images (NYSE: GYI)
Wednesday, June 20th, 2007High Peaks Venture Partners is pleased to announce that Tivoli, NY based Pump Audio, a High Peaks portfolio company funded in early 2006, has been acquired by Getty Images (NYSE: GYI). (more…)
