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According to Lumexis, the financing round also included prior investors PAR Capital Management and ZoneVentures, and includes an option for an additional investment of $7.5M.
The firm was venture backed by Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, ZoneVentures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica; the firm had raised over $65M in funding over its lifetime.
The filing indicates the fundraising includes both equity and debt, and appears to be the first investment in a new venture round. Siimpel is venture backed by such firms as Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, ZoneVentures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica.
NeuroVigil has previously raised seed funding from DFJ Frontier, Draper Fisher Jurvetson, and ZoneVentures, which invested $250K in the firm when it won the 2008 DFJ Venture Challenge. NeuroVigil's technology is based on research from the Salk Instutute for Biological Studies. The firm was founded by Dr. Philip Low.
Qualcomm, Motorola, Micron Technology, along with investors Draper Fisher Jurvetson, Portage Venture Partners, ZoneVentures, Scales Venture Partners, and SunAmerica. The firm has raised more than $61M in venture funding since 2003, and last raised a funding round in November of 2008 lead by DOCOMO.
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According to the company, the round was led by Howard Morgan, and also included Elon Musk, Tim Draper, and Draper Fisher Jurvetson and ZoneVentures. Size of the funding was not disclosed. NeuroVigil is developing a non-invasive, portable brain scanning device.
Siimpel said the new round of funding was led by DOCOMO Capital, and also included Qualcomm, Motorola, Micron Technology, and its existing venture investors, which includes Draper Fisher Jurvetson, Portage Venture Partners, ZoneVentures, Scale Venture Partners, and SunAmerica.
No details on the funding have been disclosed, however, the firm has previously raised three rounds of capital from August Capital, ITU Ventures, New Enterprise Associates, Sevin Rosen Funds, and ZoneVentures.
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