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Media vMix interactive media, video and social networking company vMix has closed a $16.5 million financing. New investors Chicago-based JK&B Capital and ATA Ventures of Redwood City, Calif. joined existing investors Mission Ventures of San Diego and Enterprise Partners Ventures Capital of La Jolla, Calif. The San Diego-based company will use the capital for the sales and marketing of its software platform, which allows large media and information companies to integrate video, rich media and social networking features into their Web sites. In March 2006, vMix received an undisclosed amount of first-round funding after executives from Fox Studios, Universal Music Group, and MP3.com set it up. -- G.W. mDialog Toronto- and New York-based startup mDialog Corp. has raised $3 million from from Canada's Labatt family to go along with the launch of its Web video delivery platform. The product is designed to provide high resolution image and sound as well as advanced social networking capabilities, enabling users to share video or monetize content through modular pay-per-download and subscription revenue models. The web video startup has licensed video encoding technology from Apple, making its video sharing service is completely compatible with Apple products including the iPod, the iPhone and Apple TV. -- G.W. Software Harmony Harmony Information Systems Inc. of Reston, Va., turned to outside investors for the second time in a year, landing $28 million in equity and debt to support an acquisition strategy and continued aggressive expansion of software sales to government and nonprofit providers of health and human services. The nine-year-old company turned to previous investors JMI Equity of Baltimore and Updata Partners of Reston, Va. to lead the round, with support from new investors ORIX Venture Finance of Dallas and Comerica Bank of Detroit. The Reston, Va,-based company did not detail terms of the new funding, but Harmony founder and CEO Tonya Harmon said the majority of the new money is equity, and funds will go toward the acquisition of Burlington, Vt.-based Synergy Software Technologies Inc., as well as to general expansion capital. -- Clifford Carlsen BDNA BDNA Corp. of Mountain View, Calif., has closed a $20 million fourth round led by venture firm Rising Tide. Also contributing were existing investors. The proceeds will go toward plans to expand sales and marketing, for product development, and customer support initiatives. BDNA provides inventory software to enterprises and government agencies to that lets them accurately inventory and analyze their technology assets to support and accelerate their IT management and compliance initiatives. -- G.W. Manufacturing Atraverda Atraverda of Newport, South Wales, UK, has closed a £10.4 million ($21.4 million) Series B financing. New investors BankInvest New Energy Solutions from Denmark and Espirito Santo Ventures of Portugal led the financing, with contributions from existing investors UK-based Scottish Equity Partners, Chord Capital and Finance Wales as well as EnerTech Capital of Wayne, Pa. and OnPoint Technologies of Maitland, Fla. The advanced materials company has developed a technology dubbed Ebonex, a titanium sub-oxide material which has a unique combination of metallic-like electrical conductivity along with the characteristic high corrosion resistance of ceramics. Its applications include a bi-polar battery for hybrid electric vehicles, defence and telecom. The investment will be used for product development and to develop further commercial opportunities. -- G.W. Medical devices IH Systems Winnipeg, Manitoba-based medical device company Intelligent Hospital Systems has secured $5.1 million in equity financing. The financing allows the company to introduce its RIVA (Robotic Intra Venous Automation) system--a self-contained unit for filling IV syringes and bags--into North American hospital pharmacies. Canadian-based investors included leader BDC Venture Capital with a $3 million investment, joined by the Western Life Sciences Venture Fund with a $1 million contribution, and a group of investors assembled by Wellington West Capital, which together put in $1.1 million. Intelligent Hospital Systems designs and develops automated solutions for hospitals. -- G.W. Energy Sequoia Energy Canadian renewable energy company Sequoia Energy Inc. has closed a C$16 million financing from Good Energies of Toronto. The Winnipeg, Manitoba, company focuses on utility-grade wind energy projects. It will use the capital to advance projects in Manitoba and Saskatchewan, elsewhere in Canada and in North Dakota. -- G.W.  Deal Video
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