Appextremes led region in 2Q venture capital raised

Eleven companies in the Boulder Valley/Northern Colorado region — eight of them based in Boulder — received $129.3 million in venture capital during the second quarter, led by Broomfield-based Appextremes LLC, which raised $70 million, according to the quarterly MoneyTree Report.

The report is compiled by PricewaterhouseCoopersLLP and the National Venture Capital Association based on data provided by Thomson Reuters.

Appextremes is a software firm that develops cloud-based document generation and reporting applications. The funding came from Insight Venture Partners LLC based in New York.

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Other companies in the region that received venture capital during the second quarter were:

Orbotix Inc., Boulder, $45 million, maker of the Sphero and other toys operated by mobile devices. Investors were Mercato Management LLC, the Disney Co. and one undisclosed firm.

Daily Inches Inc., Boulder, $10,249,800, content-marketing platform. Venture Partners, Cue Ball Group LLC, High Country Venture LLC, Iron Gate Capital LLC, Lead Edge Capital and Salesforce Ventures.

mBio Diagnostics Inc., Boulder, $6,334,000, diagnostics and life-science company. Undisclosed firm.

JumpCloud Inc., Boulder, $3.2 million, develops software to automate server management. Foundry Group LLC.

Switch Labs Inc., Boulder, $2,158,000, enables companies to capture bounced emails. Foundry Group LLC.

Madwire Media LLC, Loveland, $2 million, online marketing and design agency. Copley Equity Partners LLC.

Lagrange Systems Inc., Boulder, $800,000, provides intelligence and high availability software platform. Mohr Davidow Ventures and two undisclosed firms.

CitizenShipper LLC, Broomfield, $500,000, offers an online shipping marketplace. Marvel Venture Partners LLC.

Clean Chemistry Inc., Boulder, $500,000, provides engineered chemistries for water management. Mercury Partners Management LLC.

Red Bird Rising LLC, Boulder, $261,000, software app brings design and touchscreen technology together. Foundry Group LLC and two undisclosed firms.

In Colorado, 23 deals produced $330.3 million investments during the second quarter compared to $115.3 million on the same number of deals deals during the first quarter.

Nationwide venture capitalists invested $17.5 billion in 1,189 deals, a 30 percent increase in dollars and 13 percent increase in deals compared with the first quarter of this year.