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Monday, November 23, 
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VC Dealflow: Nov. 28, 2007

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Software

Clinicient
Clinicient Inc. has closed $5 million in funding round from Village Ventures of Williamstown, Mass., and Highway 12 Ventures of Boise, Idaho. The Portland-based startup is a developer of business software for outpatient rehabilitation clinics. Its technology is designed to combine software, services, and industry-specific knowledge in order to reduce errors and improve efficiency at clinics. Clinicient plans to use the proceeds for development of the next version of its software. -- G.W.

Recognia
Recognia Inc. of Ottawa has closed its Series A round with an undisclosed amount of funding. The proceeds will go toward sales and support of the company's product expansion plans into the U.S., Europe and India. Investors in the round were not revealed, but they are represented by new board member David Middleton. The company's technology analyzes the price action of the stocks of all publicly traded companies, distributing notices as the price moves that help recipients identify profitable trades and make timely transactions. -- G.W. 

Media

Spotzer Media
Amsterdam-based Spotzer Media Group BV, a maker of multi-media video advertising campaigns, has closed a ¤10 million financing. Spotzer offers local businesses multi-media, video advertising campaigns on TV and the Web at low cost. The round was led by Sierra Ventures of Menlo Park, Calif., joined by strategic investor Netherlands-based European Directories SA, an operator of yellow page publishers in Europe. Spotzer will use the new capital to extend its rich media advertising services into the U.S. market and for a program offering Spotzer's ad creation services to local businesses through European Directories. -- G.W.
 
Amobee Media Systems
Mobile advertising startup Amobee Media Systems of San Francisco has received an investment for an undisclosed amount from Vodafone Group plc. Other investors in the company include Sequoia Capital, Accel Partners and Globespan Capital Partners. Founded in May 2005, Amobee's software supports digital ad delivery to all mobile content and communication types. The company says its media system is capable of supporting everything from in-game and in-video to in-wap and in-message mobile impression insertions. -- G.W.

Medical devices

Biospace med
Orthopaedic imaging company Biospace med has closed an ¤12 million ($18 million) venture capital financing led by NBGI Ventures of London and Crédit Agricole Private Equity of Paris. Current investors Edmond de Rothschild Investment Partners Paris and UFG PE, both of Paris, also contributed. Aelios Finance served as financial adviser to Biospace med. The cash infusion will be used for expansion of the company's EOS ultra low dose 2D/3D Xray technology that captures a whole or partial body image in a single scan without the need for any digital stitching. -- G.W.

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