We covered nearly twenty startups and companies raising new venture capital this week, quite possibly a record! So much for a slumping economy. This week, we’ve separated the roundup into two sections, “Early Stage” and “Late Stage.”
Early Stage
Coro Health, a music therapy provider, closed a $2 million Series A round led by Bob Martin, former CEO of Walmart International, and Kent Lance of KPI Austin. The Austin, TX-based company has developed a suite of Web-based audio products that delivers individualized music therapy to patients. Music therapies are designed by board-certified music therapists and designers who develop content that can be tailored to an individual patient’s schedule and specific needs. Therapies may also extend beyond music to include educational content, current events, audio books, and personalized affirmations from local church groups
Digital publishing startup ReadOz raised a $2.2 million Series A round, contributed to by unnamed private investors. The funding will help ReadOz continue rolling out its free digital reader and publishing platform to attract more users. Founded in 2007, the Chicago, Ill.-based company develops a digital reader that gives users online and mobile access to newspapers, magazines, catalogues, brochures, directories and other printed materials. The startup’s marketplace currently hosts over 50,000 digital files from a variety of publishers, including the Tribune Company’s RedEye Chicago and TribLocal editions.
Late Stage