StepLeader Inc, an industry leader in mobile app development and advertising sales for local media and college sports, raised $4.4M in an investment led by River Cities Capital Funds.
To expand its line of endoscopy technology, River Cities’ portfolio company EndoChoice will merge with Peer Medical.
Trax Technologies, a global provider of technology-driven solutions that enable shippers and logistics-service providers to efficiently and effectively manage their logistics spend and receivables, raised $10 million in a Series B round of financing led by River Cities Capital Funds.
ABT Molecular Imaging, a medical imaging company, has raised $6 million from River Cities Capital (which led the round), Mountain Group Capital, and Intersouth Partners. Rik Vandevenne of River Cities will join the company’s board.
Acquisition is expected to more than double Tornier’s lower extremity revenue. The transaction will bring innovative technologies, high growth, and strong margins.