vSpring Capital

Press Releases

Jan 10, 2012

SwarmBuilder Rebrands as eXperticity

Knowing that when it comes to important consumer product purchases everyone wants the help of an expert, SwarmBuilder today announces it has rebranded itself eXperticity to more closely align with that core belief. eXperticity will continue to connect the world's largest community of trusted product experts, brands, and retailers to create better consumer buying experiences through the power of experts.

Jan 4, 2012

Infusionsoft Announces Record Customer Growth in 2011

Infusionsoft, the only provider of all-in-one sales and marketing software for small businesses, today announces record customer growth for 2011. Infusionsoft added and implemented more than 3,000 new customers, growing revenue by 50 percent year-over-year

Dec 20, 2011

Clearwire Selects Alianza to Manage Voice-Over 4G Products and Services

Clearwire Corporation (NASDAQ:CLWR - News), a leading provider of 4G wireless broadband services, and Alianza, a leading provider of cloud-based VoIP solutions, today announced a four-year, hosted software licensing agreement wherein Alianza will be responsible for managing Clearwire’s voice products and services.

Nov 1, 2011

Infusionsoft Acquires CustomerHub

Infusionsoft, the leader in all-in-one sales and marketing software for small business, today announced it has acquired CustomerHub, a web-based application that provides an easy-to-use membership site and customer portal platform to small businesses who market and sell content online.

Oct 19, 2011

Infusionsoft Named Great Place to Work on 2011 Best Workplaces List

Infusionsoft, the leader in sales and marketing automation software for small businesses, announced today it has been named one of the Best Small Workplaces in the U.S.

Sep 26, 2011

MediConnect Launches First-of-Its-Kind Provider Network Offering, Giving Physicians Free Access to Health Information Exchange

MediConnect Global today announced the immediate availability of the Provider Network Offering, a first-of-its-kind free service that allows healthcare providers hosting, authorized access and exchange of digitized and electronic medical records in the National Secured Archive (N.S.A.), MediConnect’s secure, cloud-based medical record repository.



Aug 29, 2011

7 Degrees Changes Its Name to Reachable

7 Degrees Inc., the provider of a social business solution, today announced that it has changed its name to Reachable, Inc. The company also announced that their solution, formerly known as PeopleMaps, would now be called Reachable.

Aug 29, 2011

Reachable Appoints Al Campa as New CEO

Reachable, the company formerly known as 7 Degrees, today announced that Al Campa has been named its Chief Executive Officer. Reachable provides a social business application under the same name (formerly known as PeopleMaps) that enables users to leverage all of their contacts to expand their professional network and reach more people.

Jul 28, 2011

VeraLight Announces CE Mark Approval of the SCOUT DS® for Noninvasive Diabetes Screening

VeraLight Inc., a privately held medical device company, today announced its SCOUT DS® Device was granted CE Mark approval for noninvasive diabetes screening.

Jul 19, 2011

nanoMR Announces $13 Million Series B Financing

nanoMR, Inc., today announced that the company has raised $13 million in equity financing. Excel Venture Management led the round, joined by Healthcare Ventures, and existing investors vSpring Capital, The Dow Chemical Company, and Sun Mountain Capital.

Jul 6, 2011

Axial Biotech Signs Agreement With Shriners Hospital for Children

As part of its ongoing efforts to improve the quality of care and to moderate healthcare costs for patients diagnosed with scoliosis, Axial Biotech, Inc., a company revolutionizing spine care through the development of molecular diagnostic technologies, today announced that it has signed a multi-year agreement with the Shriners Hospitals for Children®.

Jun 10, 2011

Infusionsoft Named 2011 Red Herring Top 100 North America Award Finalist

Infusionsoft, the leading marketing automation software for small businesses, announced today it is a finalist for the Red Herring's Top 100 North America Award, a prestigious list honoring the year's most promising private technology ventures from North America.

May 18, 2011

vSpring Capital Releases Its List of the 2011 Top 100 Venture Entrepreneurs

vSpring Capital announced today the 2011 class of the vSpring Capital Top 100 Venture Entrepreneurs, also known as the v100.



May 13, 2011

NUVO RESEARCH COMPLETES ITS ACQUISITION OF ZARS PHARMA

Nuvo Research Inc. (TSX: NRI), a specialty pharmaceutical company dedicated to building a portfolio of products primarily for the treatment of pain, today announced that it has completed its acquisition of ZARS Pharma, Inc.

Apr 26, 2011

VERALIGHT ANNOUNCES HEALTH CANADA LICENCE APPROVAL OF THE SCOUT DS® FOR NON-INVASIVE DIABETES SCREENING

VeraLight Inc., a privately held medical device company, based here, today announced its Scout DS® Device was granted a Health Canada Medical Device Licence for non-invasive diabetes screening.

Feb 15, 2011

Cisco Backs Home Energy Player Control4

Smart grid network players are slowing choosing their preferred startups to provide applications and devices at the edges of the network. On Tuesday, router giant Cisco announced it has made an equity investment in, and has created a distribution partnership with, Control4, a startup that provides home automation and energy gear and services.

Feb 15, 2011

Control4 and Cisco Sign Strategic Agreement to Deliver Network-enabled Automation Platforms for Smart+Connected Communities and Home Energy Management Solutions

Control4, a leader in affordable IP-based home control systems, today announced that it has signed a strategic agreement with Cisco to deliver network-enabled automation platforms for connected smart communities and home energy deployments around the world.

Feb 14, 2011

Numira Biosciences Expands its Imaging and Pre-Clinical Services Portfolio With Acquisition of Laboratory Operations in Bothell, WA

Numira Biosciences, a specialty contract research organization and leader in high resolution, 3D imaging services and visualization software for the life science market, announced today that it has acquired the Efficacy Pharmacology operating unit of Ricerca Biosciences, LLC., located in Bothell, WA.




Nov 29, 2010

IRIS Acquires Bench-Top Instrument Platform for Automating (F)ISH Testing and Other Cytogenetic Applications

IRIS International, Inc. /quotes/comstock/15*!iris/quotes/nls/iris (IRIS 9.77, +0.01, +0.10%) , a leading manufacturer of automated in-vitro diagnostics systems and a provider of high value personalized medicine products and testing services, announced today that it has acquired the assets of a multi-purpose, bench-top instrument platform for automating highly repetitive, manual laboratory protocols for (F)ISH (fluorescence in-situ hybridization) testing and other slide-based cytogenetic applications. The product acquisition is a natural extension to the successful ThermoBrite(R) DNA Hybridization System and in line with the Company's entry into personalized medicine with emphasis on cancer diagnostics. The product and proprietary technology assets were purchased for $3.2 million in cash from BioMicro Systems, Inc.

Oct 28, 2010

Coherex Medical Expands Portfolio with New Medical Device; New Heart Implant Treats Patients at Risk for Stroke

In honor of World Stroke Day (October 29, 2010), Coherex Medical, Inc. today announced it has achieved two milestones that further strengthen its position as an emerging medical device company in the field of structural heart disease.

Oct 13, 2010

7 Degrees Raises $6.8 Million in Series B Funding to Fuel Growth of PeopleMaps and Build Out Its Universal Social Graph Platform

7 Degrees, Inc., developer of the first Universal Social Graph, today announced that it has closed a $6.8 million Series B round led by Rho Ventures, vSpring Capital and Parkview Ventures.

Oct 7, 2010

SwarmBuilder Appoints Tom Stockham as New CEO

SwarmBuilder, whose products and services connect brands with sales influencers to create brand advocates, today announced that Tom Stockham has been named as the company’s new chief executive officer.

Oct 5, 2010

Axial Biotech Wins 2010 Best New Spinal Technology Award

Axial Biotech, Inc., a company revolutionizing spine care through the development of molecular diagnostic technologies, was selected as a winner at the 2010 Spine Technology Awards.

Sep 21, 2010

Cymphonix and D-Link Expand Customer Options With Reference Selling Agreement

Cymphonix®, a leader in Secure Web Gateway solutions, today announced an expanded collaboration with D-Link®, the global leader in connectivity for small, medium and large enterprise business networking, to enable D-Link to reference sell Cymphonix Network Composer® and Network Conductor™ product lines.

Sep 20, 2010

7 Degrees Announces PeopleMaps Integration With Oracle® CRM On Demand

7 Degrees, Inc., the first Universal Social Graph company, today announced that it will for the first time make its proprietary PeopleMaps application available on Oracle® CRM On Demand.

Aug 30, 2010

Lineagen, Inc. Closes $5 Million to Complete $10.8 Million Series A Round

Lineagen, Inc. (www.lineagen.com), a developer of innovative genomic tests and services for the screening, evaluation and diagnosis of complex disorders and diseases including autism spectrum disorders and others, today announced that PrairieGold Venture Partners has joined Lineagen’s existing institutional venture investors in a further $5 million closing of its Series A round, which completes Lineagen’s $10.8 million Series A financing.

Aug 24, 2010

Cymphonix Named to Inc. 5000 Fastest Growing Private Companies List for Third Consecutive Year

Cymphonix®, a leader in Secure Web Gateway solutions, today announced it has been named, for the third consecutive year, as one of the nation's fastest-growing private companies by Inc. magazine in its fourth annual Inc. 5000 list.

Aug 10, 2010

3point5.com Surpasses a Milestone of 10 Million Trainings Taken by Retail Sales Employees

Retail salespeople recently surpassed the 10 million “Edu-Game” mark on 3point5.com, the latest in a string of milestones notched by the fast-growing online training company.



Aug 5, 2010

CNN Story on CrimeReports.com

CNN's Josh Levs looks at crimereports.com, an online resource for crime information across the U.S.

Aug 4, 2010

Alpha Bay Corporation Receives 2010 Best of Salt Lake City Award

For the second consecutive year, Alpha Bay Corporation has been selected for the 2010 Best of Salt Lake City Award in the Computer Software & Accessories category by the U.S. Commerce Association (USCA).



Jun 29, 2010

MEDICONNECT GLOBAL GARNERS RED HERRING 100 NORTH AMERICA AWARD

MediConnect Global Inc. today announced that the company has been named a winner of Red Herring's North America 100 Award, which honors the year's most promising private technology ventures in North America.

Jun 11, 2010

CrimeReports.com acquires TipSoft

CrimeReports.com, a Salt Lake City-based provider of online crime-mapping solutions, has acquired TipSoft, a police tip acquisition and intelligence management tool for law enforcement. No financial terms were disclosed. CrimeReports has raised over $7.2 million from Austin Ventures and vSpring Capital.

May 18, 2010

SwarmBuilder's 3point5.com Helps The North Face Enhance Brand Experience, Create Greater Interaction with Retail Sales Influencers & Pros

SwarmBuilder, whose solutions create the intersection where brands and sales influencers meet, has helped The North Face, the world's premier supplier of authentic, innovative and technically advanced outdoor apparel, equipment and footwear, create a rich brand experience for both retail sales associates and Pro groups.

May 17, 2010

vSpring Capital Releases Its List of the 2010 Top 100 Venture Entrepreneurs

vSpring Capital announced today the 2010 class of the vSpring Capital Top 100 Venture Entrepreneurs, also known as the v100.



May 5, 2010

Cymphonix Releases Centralized Management, Reporting Appliance for Up to 100 EX Series Network Composers

Cymphonix®, a leader in Secure Web Gateway solutions, today announced the release of a centralized management and reporting appliance called the Cymphonix Network Conductor™ that provides a single centralized interface for up to 100 Cymphonix Network Composer® EX appliances.

Mar 11, 2010

BioMicro Sells Microarray Assets to Roche

Roche Diagnostics said today that it has struck a deal with Salt Lake City-based BioMicro Systems to buy all of the products associated with the Roche NimbleGen microarray workflow.

Mar 8, 2010

Control4 CEO Will West wants one remote to do it all

West says his firm, Control4, had $70 million in revenue in 2009, selling home automation systems and products at some 1,600 dealers around the USA. In December, Las Vegas' newest hotel, the 4,000-room Aria Resort & Casino Las Vegas, welcomed guests with a Control4 system.

Feb 27, 2010

AutoZone Taps Alpha Bay for Enhanced Retail Information Technology

ALPHA BAY today announced a multi-year technology agreement with AutoZone. Under the agreement, Alpha Bay is providing retail computing functionality with its AIRS® Enterprise product.

Dec 15, 2009

Control4 Brings Luxury, Technology, and Energy Conservation to More Than 4,300 Rooms at CityCenter Las Vegas

Control4, a leader in IP-based home and hospitality control systems, today announced that Control4® Suite Systems is being used to enhance the experience in over 4,300 guest rooms in the ARIA Resort & Casino and Mandarin Oriental, Las Vegas at CityCenter, Las Vegas.

Dec 15, 2009

The American Academy Raises $5.8 Million from Austin Ventures, vSpring

The American Academy, a leading online high school and educational services provider, today announced it has raised $5.8 Million in a Series B financing led by Austin Ventures, one of the nation’s leading venture and growth capital firms, with participation from existing investor vSpring Capital.

Oct 20, 2009

MEDICONNECT GLOBAL RANKED NUMBER 172 FASTEST GROWING COMPANY IN NORTH AMERICA ON DELOITTE`S 2009 TECHNOLOGY FAST 500™

MediConnect (www.mediconnect.net) today announced that it ranked number 172 on Technology Fast 500™, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Sep 24, 2009

Axial Biotech Announces Commercial Availability of SCOLISCORE(TM) AIS Prognostic Test

Axial Biotech, Inc., a company personalizing spine care through the development of molecular diagnostics, announced today that its SCOLISCORE(TM) AIS Prognostic Test is now being made available to spine specialists in the United States.

Sep 22, 2009

Coherex Medical Signs Exclusive Distribution Agreement with Abbott

Salt Lake City-based Coherex Medical, Inc. today announced that it has entered into a multi-year distribution agreement with global health care company Abbott for the Coherex FlatStent™ EF PFO Closure System.

Sep 21, 2009

Xanadoo Selects Alianza to Power WiMAX-Enabled Voice Offering

Xanadoo, LLC, one of the fastest-growing WiMAX Internet operators in the U.S., today announced it has signed an agreement with Alianza, Inc., the leading provider of hosted voice-over WiMAX solutions, to power its new residential and small business voice offering.

Sep 10, 2009

Online mapping services help police spot trends in crime

A growing number of police departments — nearly 1,000 nationwide — are using online crime mapping services to grab data from their police reports, identify crime trends and then push the information to the public through online maps and e-mail alerts.

Sep 1, 2009

Texas Utility Chooses Control4 for Smart Grid Deployment

Control4, a leading developer of Home Area Network (“HAN”) and consumer energy management solutions, today announced that it has been selected as the HAN provider for Texas-based utility Bluebonnet Electric Cooperative. Serving more than 65,000 members in 14 counties between Austin and Houston, Bluebonnet plans to begin integrating smart grid technology in its members’ homes and businesses by April 2010.

Aug 25, 2009

Cymphonix Named 2009 XChange '09 XCellence Award Winner

Cymphonix today announced that they earned four 2009 XChange XCellence awards during Everything Channel's XChange '09 including: Best XChange Boardroom Presentation, Most Innovative Technology, Best Business Technology Solution and Overall Best of Show.

Aug 25, 2009

Alianza Selected to Power Open Range Voice over WiMAX™ Offerings

Alianza, Inc., the leading provider of hosted voice over WiMAX solutions, today announced it has signed a definitive agreement with Open Range Communications Inc., wherein Alianza will power Open Range’s residential and small/medium business voice offerings that will be bundled with its wireless broadband services and deployed in more than 500 communities in 17 states.

Aug 20, 2009

Coherex Medical, Inc. Closes $16.5 Million Series B Preferred Stock Financing

Coherex Medical, Inc. today announced that it has closed a $16.5 million Series B Preferred Stock financing. After the close of this investment, Coherex has now raised nearly $28.0 million in equity financing from outside funding sources since inception.

Aug 18, 2009

CrimeReports.com Raises $7.2 Million from Austin Ventures, vSpring

CrimeReports.com, the leader in online crime-mapping, today announced it has raised $7.2 million in a Series B financing led by Austin Ventures, one of the nation’s leading venture and growth equity firms, with participation from existing investor vSpring Capital.

Jul 22, 2009

Axial Biotech Enters Partnership with the University of Utah to Utilize the Utah Population Database to Develop Personalized Diagnostic Tests for Spine Disorders

Axial Biotech, Inc., a company personalizing spine care through the development of molecular diagnostics, and the University of Utah today announced that they have entered into a collaboration that allows Axial access to the University's rich genetic resources including the Utah Population Database (UPDB).

Jul 21, 2009

Sparxent Completes Acquisition of XAware, Inc.

Sparxent, an IT and business solution provider focused on the middle market, announced it has completed its acquisition of XAware, Inc., a data integration company based in Colorado Springs, Colorado.

Jul 13, 2009

Parent of 3point5.com Re-named SwarmBuilder

3point5, Inc., the parent of 3point5.com (the popular online campus for Retail Sales People) is changing its name to SwarmBuilder, Inc. and launching a new corporate site, SwarmBuilder.com.

Jul 9, 2009

Coherex FlatStent EF PFO closure device wins CE mark

Coherex Medical (Salt Lake City) reported Wednesday that the device has been granted a CE mark for use in Europe and other countries to close PFOs, a common defect found in roughly 20% of the worldwide population.

Jul 9, 2009

Salt Lake City's Celio makes your smart phone a computer, too

To take advantage of the phones' computing powers and to overcome its handicaps, Celio designed and is marketing what essentially is a screen and a keyboard you can use with a smart phone that makes the phone act much like a laptop with ready access to the Internet.

Jul 7, 2009

Cymphonix Launches iPhone App and New Version of Network Composer

Cymphonix(R) today released the latest version of its award-winning Cymphonix Network Composer(R) product, introducing new features andenhanced reporting capabilities that provide unprecedented visibility and control for Web traffic and Internet applications.

Jun 29, 2009

New Zonder Website Introduces Real-Time Pricing, Enhanced Search, and Exclusive Last-Minute Deals on Vacation Rentals

Zonder, a leader in the vacation rental industry, announces a new site at www.zonder.com designed to meet the growing needs of consumers and property managers in the vacation rental market.

Jun 25, 2009

CONTROL4® IPHONE AND IPOD TOUCH APPLICATIONS ENABLES HOME CONTROL ON-THE-MOVE

Control4, the leader in affordable IP-based home control and entertainment systems, has announced the release of two new products compatible with virtually any iPod or iPhone.

Jun 23, 2009

Cymphonix Named a CRN Emerging Technology Vendor

Cymphonix® today announced it has been selected by Everything Channel as a CRN Emerging Technology Vendor for its Network Composer appliance designed for SMEs and Education customers.

Jun 22, 2009

MediConnect Named as a Finalist in 2009 American Business Awards(SM)

MediConnect Global, Inc. the leading medical records retrieval service provider, announced that CEO Amy Rees Anderson has been named a finalist for the Turnaround Executive of the Year by American Business Awards(SM), the nation's premier business awards program.

Jun 10, 2009

Sparxent Completes Acquisition of Arbyte Group

Sparxent, an IT and business solution provider focused on the middle market, announced it has completed its acquisition of Arbyte Group, an IT service provider based in Moscow.

May 20, 2009

FierceWireless Names Alianza as one of Its “Fierce 15" Wireless Companies of 2009

Alianza announced today that it has been named to the annual FierceWireless “Fierce 15” list, designating it as one of the top wireless companies of the year.

May 15, 2009

Altea Therapeutics patches in $3M from partnership deal

Altea Therapeutics, a company developing transdermal delivery of drugs, has secured $3 million in new funding via the equity part of the development deal it signed with Eli Lilly & Co. and Amylin Pharmaceuticals Inc. in April.

May 11, 2009

Cymphonix Named a Red Herring 100 Finalist

Cymphonix® today announced that it is a finalist of the "Red Herring 100 North America" award, as a result of its technology innovation, financial performance, management strength, business strategy and customer acquisition.

May 7, 2009

Rhomobile Named Best of Interop 2009 Awards Finalist

Rhomobile today announced that it is a finalist in the Best of Interop 2009 Awards for Wireless and
Mobility.

May 4, 2009

Axial Biotech Wins 2009 Innovation Award for Biotechnology

Axial Biotech, Inc., a company revolutionizing spine care through the development of molecular diagnostic technologies, was selected as the winner at the 9th Annual Utah Innovation Award Ceremony.

Apr 6, 2009

VSPRING CAPITAL ANNOUNCES PROMOTION OF JON WALKER TO MANAGER OF MARKETING AND INVESTOR RELATIONS

vSpring Capital, a leading early-stage venture capital firm headquartered in Salt Lake City, announced today that vSpring analyst, Jon Walker, has been promoted to the manager of marketing and investor relations.

Apr 1, 2009

Altea Therapeutics Announces Development and Commercialization Agreement with Amylin and Lilly for an Investigational Transdermal Exenatide

Altea Therapeutics announced today that it has entered into an agreement with Eli Lilly and Company and Amylin Pharmaceuticals, Inc. to develop and commercialize a novel daily transdermal patch delivering sustained levels of exenatide utilizing the Altea Therapeutics proprietary PassPort® Transdermal Delivery System.

Mar 31, 2009

vSpring Capital Releases Its List of the 2009 Top 100 Venture Entrepreneurs

vSpring Capital announced today the 2009 class of the vSpring Capital Top 100 Venture Entrepreneurs, also known as the v100.

Mar 24, 2009

Rhomobile promises: Build once, deploy to any smartphone

If you’re interested in developing a mobile application but find the range of phones out there to be overwhelming, a startup called Rhomobile wants to help. Not only does its Rhodes programing framework allow you to build mobile applications using HTML and Ruby (much easier than, say, using the Objective C normally required for the iPhone), but your application is then available for iPhone, Blackberry, Windows Mobile, Symbian, and Android smartphones.

Feb 3, 2009

3point5.com CEO Robins: Power Player to watch in 2009

3point5.com recently successfully re-launched the innovative BroForm.com Web site, pushed aggressively into the Hunt/Fish market, inked deals to train thousands of employees working for major retailers like Cabela’s and rocketed past the 100,000 user mark in the process.

Jan 23, 2009

VSPRING CAPITAL ANNOUNCES PROMOTION OF DAVID ANDERSON TO ADMINISTRATIVE PARTNER

The partners of vSpring Capital are proud to announce the promotion of David Anderson from chief financial officer to administrative partner of vSpring Capital.