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Vivid Vision Raises $2.2 Million to Build VR Tools to Treat ‘Lazy Eye’

Vivid Vision brings its VR-based treatment for binocular vision disorders to tens of millions of US patients. This unique and efficient solution to treat Amblyopia & other vision disorders makes vision therapy accessible & affordable to million of new patients.

Spoon University is Acquired by Scripps Networks Interactive

Under CEO Mackenzie Barth and CTO Sarah Adler's leadership, Spoon University grew from a print publication on at Northwestern University to an audience in the tens of millions and inspired a network of thousands of food enthusiasts in the US, Canada, Europe, and India to contributing content. The deal will enable Scripps to further strengthen its digital business in the food space while providing Spoon University with opportunities to expand into content sectors.

PVH Acquires True & Co

True&Co. revolutionized the lingerie world by leveraging consumer-centric data from over 5 million women who have completed their fit quiz to help women shop for intimates in a truly personalized way. Now, True&Co. is joining PVH Corp., one of the world’s LARGEST apparel companies and parent to iconic brands including CALVIN KLEIN and Tommy Hilfiger, to enable PVH to move deeper to online sales and increase innovation, data-driven decisions and speed as it serves its consumers across channels.

Identify3D Closes Investment Round Led by SoftTech for Market Expansion

Identify3D has announced it has completed its multi-million Series Seed investment round led by SoftTech VC. Capital raised will help the company meet demand from its existing customer base in aerospace and defense and expand to meet the needs of other advanced manufacturing sectors including power generation, oil and gas, transportation and healthcare.

Simplifeye Gets $3 Million to Make Wearables Part of Your Doctor’s Workflow

New York-based Simplifeye thinks it can improve the productivity of the people who work in your doctor’s or dentist’s office by making patient information more easily available. The twist? It’s doing so by putting that information on wearables like the Apple Watch.

With $1 Billion Sales Run Rate, Postmates Will Aim For Profits Next

On-demand delivery startup Postmates launched five years ago and is now making one million deliveries a month. Postmates is competing against behemoth's in an incredibly hard and crowded space, it is the team & drive that is pushing them to the top!

OnboardIQ raises $9.1 million to automate hiring for hourly workers

OnboardIQ wants to make applying for hourly work less of a hassle, with a mobile-first platform that businesses can use to reduce the time they spend finding and hiring qualified workers. Now, three years in, the company has raised $9.1 million to expand their product and customer reach.

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From Our Blog

SoftTech VC Closes $150M Across Two New Funds

Early in January 2016, I was thrilled to announce Stephanie Palmeri and Andy McLoughlin becoming Partners! At that time, we filed SEC Form Ds disclosing the creation of two new funds – SoftTech VC V and SoftTech Plus. We’re delighted to announce that both funds have closed at their hard cap, respectively $100M and $50M –  great news as we celebrate our 12-year anniversary. Most importantly, we are beyond excited by the myriad of new, radical innovations we see coming from early stage entrepreneurs and the opportunity we have to help them realize their vision with our active support and capital.

To share a bit of background: we invest our funds on a 3-year investment cycle and will be wrapping up Fund IV (that held a final close a couple of years ago) as planned sometime in Q316. Why raise a fund when we had plenty of dry powder in Fund IV? When we discussed our fund raising plans with … Read more »

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