Tag: Flybridge Capital Partners
PSIM providers raises $15.6 million
July 29, 2013Martha Entwistle
PSIM provider VIDSys announced last week that it's raised $15.65 million in one equity financing.
The investment was lead by NewSpring Capital. Previous investors Atlanta Equity, Flybridge Capital Partners, JVax Investment Group and Motorola Solutions Venture Capital also participated in the round.
I have a call into VIDSys and hope to speak to someone tomorrow about what the company plans to do with the new funds.
NewSpring Capital, is based in Radnor, Pa. It invested through its technology and...
VidSys gets $3m loan
January 16, 2013Martha Entwistle
FARMINGTON, Conn.—Horizon Technology Finance Corp. has provided a $3 million venture loan to PSIM provider VidSys.While the loan closed Nov. 15, Horizon did not announce the deal until Jan. 9. Horizon, which is based here, made a number of year-end deals and did not want to announce them all at one time, Gerald Michaud, president of Horizon, told Security Systems News.In business since 2003, Horizon does debt financing for development-stage technology companies that have equity sponsors.“All...
Cisco invests in VidSys
September 16, 2011SSN Staff
VIENNA, Va.–VidSys, a major PSIM provider based here, announced today it has closed a recent round of funding that includes Cisco.
A company spokesperson would not disclose the size of Cisco's equity investment, but said the funding would be used to accelerate the PSIM maker's growth. "The PSIM market is really taking off," Kelly Fiedler, VP of marketing at VidSys, told Security Director News sister publication of Security Systems News. "We're seeing growth in a lot of areas and the funding will...