REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Freedom Meditech, Inc., a San Diego, CA-based developer of non-invasive ophthalmic products for the detection of disease and management of patient health, has secured a $2m line of credit from Silicon Valley Bank (SVB). Terms of the credit facility, which is in anticipation of a Series B financing, include an initial disbursement with additional funds […]
TreeRing, a San Mateo, CA-based social yearbook company, has closed a $3.6m funding. The round was led by Mike McCue (CEO of Flipboard), Second Ave Partners and Cedar Grove Investments, with participation from other angel investors including Rich Barton, the Expedia and Zillow Founder. The company intends to use the funding to expand its team […]
RAMP, a Boston, MA-based provider of next generation search and video experiences, has raised $15m in Series C financing. The round was led by StarVest Partners, with participation from new investors Hearst Interactive Media and EDBI and existing investors Fairhaven Capital, Accel Partners, General Catalyst Partners, and Comcast Ventures. In conjunction with the funding, Deborah Farrington, […]
Mimecast, a London, UK-based provider of cloud-based email archiving, security and continuity for Microsoft Exchange and Office 365, has secured $62.15m in Series C funding. The round was led by Global Private Equity Firm Insight Venture Partners, with participation from existing investors Dawn Capital. The company intends to use the funding to accelerate the development […]
Celeno Communications, a Ra’anana, Israel-based provider of high-performance Wi-Fi chips and software for HD multimedia and high-performance data home networking applications, has secured a $24m Series E funding. Backers include existing investors Cisco, Liberty Global, Greylock Partners, and Pitango Venture Capital, as well as new investor Vintage Investment Partners. The company intends to use the […]
V-Key Inc., a Redwood City, California-based provider of mobile applications intrusion protection and intelligence solutions, has secured US$4m in Series A funding with IPV Capital. The company intends to use the funds to widen its research and development capabilities in mobile applications security and intelligence technology, as well as to expand global sales and support […]
Bureau of Trade, a Menlo Park, CA-based online “transactional entertainment” store, has raised $1.2m in seed funding. The round was led by Foundation Capital, with participation from Founder Collective, Courtney Holt on behalf of TechFellows Fund, and select angel investors. The company intends to use the capital to expand the capabilities of the site – […]
Venture capital and growth equity firm Crosslink Capital has closed Crossover Fund VI at $320m. Fund VI, which will be invested through April 30, 2018, will focus on both private growth equity and long/short public equity investments. Six percent of the total funding has been committed by Crosslink’s General Partners and employees. Led by Michael Stark, […]
Delivery Club, a Russian online food delivery marketplace, has raised US$4m in second funding from Addventure. The company intends to use the capital to boost regional and global expansion. Created 18 months ago, Delivery Club processes more than 4,000 orders daily. Commenting on the funding, Sergey Karpov, managing Partner of Addventure, said: “We are very […]
According to reports, Urlist, an Italian startup that offers a collaboration tool to collect, organize and share lists of links, has raised a first funding round. The amount of the transaction is unknown. The round was led by Connect Ventures, with participation from LVentures. Founded in 2011 by Alberto Granzotto, Stefano Cavallari and Valentina Montagna, […]
Secure-24, Inc., a Detroit Metro area-based provider of business critical application hosting and cloud services, has received a growth equity investment of undisclosed amount. The round was led by Pamlico Capital, with participation from HarbourVest Partners, which will help the company continue to grow. Following the investment, the co-founders will retain significant ownership of Secure-24 […]
Wedge Buster, a Los Angeles, CA-based social sports gaming company, has launched with a $2.2m Series A funding. Backers include 37 Technology Ventures, Park Lane, and individual investors such as Drew Brees, and Rob Dyrdek. The company intends to use the capital to accelerate game development, support marketing strategies and build out the distribution gaming […]
Xirrus, a Thousand Oaks, CA-based provider of high-performance wireless access networks, has closed a $23.5m Series E financing. Backers include existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners, and US Venture Partners. The company intends to use the funding to accelerate global sales growth and product innovation. Led by Shane Buckley, CEO, Xirrus provides […]
Virtual Instruments, a San Jose, Calif.-based provider of Infrastructure Performance Management (IPM) solutions for physical, virtual and cloud computing environments, has raised $27.5m in Series D funding. The round was co-led by Next World Capital and General Catalyst Partners, with participation from existing investor Lightspeed Venture Partners. The company intends to use the funding to […]
Duck Duck Moose, a San Mateo, CA-based creator of educational apps for children, has raised $7m in Series A venture funding. The round was led by Sequoia Capital and Lightspeed Venture Partners, with participation from Stanford University. The company intends to use the funding to grow its family of apps, expand the executive team, and […]