2013 Greater Cleveland Venture Capital Report

Page 5

$257M EQUIT Y CAPITAL INVESTED BY SEC T OR & S TAGE IN 201 3

SEED

As in previous years, healthcare remains one of the strongest-performing sectors in the region, with 32 companies raising a total of $95.72M. The majority (83%) of this funding went to medical device companies.

E ARLY

HE A L T HC A R E I NNOV AT O R S , NA T I ONA L I NT E R E S T

GROW TH $66.00M

INFORMATION TECHNOLOGY $116.72M

$10.22M

$40.50M

COMS INTERACTIVE (comsllc.com)

E ARLY

$34.65M

SEED

$13.47M

HE ALTHC ARE $95.72M

GROW TH $47.60M

GROW TH

raised a $21 million Series A round from global growth equity firm Summit Partners. The Cleveland- based healthcare IT company has developed the Daylight IQ™ disease management system which enhances nursing home resident quality of life through diease management and reduced hospital readmittance. SECURUS MEDICAL GROUP, LLC the Cleveland-based medical device company, had an initial closing of a $6.5 million Series B round led by St. Louisand Portland, OR-based 3X5 Special Opportunity Fund, with existing investor RiverVest also taking part. The financing supports further development of its proprietary temperature-tracking Aurora™ thermographic mapping system.

$7.09M

CLE ANTECH $44.23M

SEED

$3.77M

E ARLY

$33.37M

SEED

BUSINES S & CONSUMER PRODUC T S $.61M

$.47M

E ARLY $.14M


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