Category: Portfolio Company News

Five-year old startup Duo Security has emerged as a leader in providing secure but easy-to-use two-factor authentication technology to a fast-growing number of enterprise customers. To bolster its growth, the company has raised $12 million in Series B financing from Benchmark, and has added general partner Matt Cohler to its board.  Read more at TechCrunch.

Delphinus Appoints Mark J. Forchette As President And Chief Executive Officer Top Medtech Executive Tapped for His Entrepreneurial Vision and Success PLYMOUTH TOWNSHIP, Mich. – Delphinus Medical Technologies, Inc., innovator and developer of SoftVue™, a whole breast ultrasound system that incorporates the first-ever ring transducer design, has named Mark J. Forchette president and chief executive […]

Plymouth Ventures is pleased to announce that PVP II portfolio company DocuSphere has been acquired by Tungsten Corporation. Based in Perrysburg Ohio, DocuSphere is a leading provider of accounts payable automation and workflow software. Tungsten Corporation is a publicly traded company based out of London, England (TUNG: LSE). The combination of Tungsten’s supplier portal and […]

Plymouth Ventures is pleased to announce that PVP II portfolio company DocuSphere has been acquired by Tungsten Corporation. Based in Perrysburg Ohio, DocuSphere is a leading provider of accounts payable automation and workflow software. Tungsten Corporation is a publicly traded company based out of London, England (TUNG: LSE). The combination of Tungsten’s supplier portal and […]

Sidecar Raises Another $15 Million, Adds Sir Richard Branson As Investor San Francisco-headquartered ridesharing startup Sidecar, which competes with on-demand car services like Uber and Lyft, announced it has raised an additional $15 million in funding. The new round comes from existing investors Avalon Ventures and Union Square Ventures, and includes participation from new investor […]

Detroit-based Fontinalis Partners invested in Telogis, which provides fleet management software for enterprises.  Telogis is working closely with many companies in Detroit, such as Ford and GM (for example, they’re powering Ford Crew Chief to help small Ford fleet owners manage their assets).  More information on the investment can be found at http://www.marketwatch.com/story/telogis-announces-strategic-investment-from-fontinalis-partners-2014-09-10.  The investment […]

moovel GmbH, a subsidiary of German car giant Daimler, has acquired Huron River Ventures portfolio company RideScout, which offers a mobile app for transportation choices in cities. The move is part of Daimler’s continued push beyond car manufacturing and into developing technology for urban mobility, as a next generation of city-dwellers is increasingly giving up on car […]

ANN ARBOR, Mich., August 20, 2014 – Sakti3, Inc. (www.sakti3.com) announced that it has produced a battery cell on fully scalable equipment with over 1100 Watt hours per liter (Wh/l) in volumetric energy density.  This translates to more than double the usage time in a wearable device like a smartwatch, from 3.5 h to more than 9 h. It also translates to […]