Raydiant Oximetry, Inc, raised a $5m Series A2 financing led by Avestria Ventures, with participation from KOFA Healthcare, V-Capital, Band of Angels, FemHealth Ventures, RHIA Ventures and SteelSky Ventures. Raydiant Oximetry is a clinical-stage medical device company focused on improving women’s and neonatal health. Its innovation is LUMERAHTM, the non-invasive fetal oximeter designed to detect fetal distress during labor and delivery. It is an investigational medical device that is not currently approved for commercial sale. Read full article
Portfolio News: LivePerson acquires VoiceBase and Tenfold to power scaled Voice AI innovation
Congratulations to Band portfolio company VoiceBase, a leader in real-time speech recognition and conversational analytics, for being acquired along with Tenfold by LivePerson, Inc. (Nasdaq: LPSN), a global leader in Conversational AI. Read the press release here
Portfolio News: Telestream Acquires Sherpa Digital Media
Band portfolio company Sherpa Digital Media, a live event hosting and distribution platform used around the world by Fortune 500 companies and others to stream content to their customers, employees, and members was acquired by Telestream®, a portfolio company of Genstar Capital and a leading provider of digital media tools and workflow solutions. Read the press release
We’ve had our 17th IPO - AEye (NASDAQ:LIDR)
We’ve had our 17th IPO; this one via our first SPAC. AEye, Inc. (March 2016 Dinner) completed its merger with special purpose acquisition corporation CF Finance Acquisition and went public on NASDAQ on Wednesday, August 18th as “LIDR.”
Portfolio News: PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity
Image courtesy of CNote: Jamine Moton is a CNote Success Story
Band of Angels portfolio company CNote is proud to partner with PayPal to advance racial equity. PayPal is leveraging CNote's technology and network of inspiring community partners to drive greater economic justice throughout the United States.
Corporations can play a critical role in advancing economic opportunity for all. We are honored to be on this journey with strong corporate partners like PayPal.