Morning highlights - VC funding

John Shinal · June 2, 2008 · Short URL:

 Grockit, a San Francisco Learning 2.0 Start-Up has raised its Series B financing. Integral Capital Partners lead the $8M round with Benchmark Capital, who lead their Series A, participating as well. Grockit is creating a MMOLG (Massively Multi Player Online Learning Game) where people can connect to learn from each other. The company was founded by Farbood Nivi, a long time teacher, and Michael Buffington, a well known Rails developer. Grockit will use the latest financing to expand their development team and they plan to launch their first product this fall.  


Rox Medical Inc., a San Clemente, Calif.-based medical device company focused on chronic obstructive pulmonary disease, has raised $35 million in Series C funding, according to VentureWire. Essex Woodlands Health Ventures led the round, and was joined by return backers Domain Associates, Prism VentureWorks and Versant Ventures. The company had previously raised around $16 million.

(From PE HUB. To see all PE HUB funding announcements, click here.)



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