REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Rhythm, a Boston, Mass.-based biopharmaceutical company developing peptide therapeutics that address gastrointestinal diseases and genetic deficiencies that result in metabolic disorders, filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to an initial public offering. The number of shares to be offered and the price range for the offering have not […]
KKBOX, an Asian music streaming service provider, raised $104m in funding. Singapore-based sovereign wealth fund GIC made the investment. The company intends to use the funds for international expansions as well as to refine its technology and service. Established in 2004 by Chris Lin, CEO, KKBOX is on of the leading digital music platform in […]
Mizzen+Main, a Dallas, TX-based menswear brand, raised $1.2m in Series A funding. Backers included VegasTechFund and former Astor & Black founder and serial entrepreneur David Schottenstein. Launched in 2012 by Kevin Lavelle, CEO, Mizzen+Main offers dress shirts designed to blend class and comfort for the active professional. The company also manufactures and retails performance henleys, […]
Enevo, an Espoo, Finland- and Boston, MA-based provider of trash bin sensors, raised $8m in funding. Backers included Earlybird, Lifeline Ventures, Finnish Industry Investment and Draper Associates and Risto Siilasmaa, among others. The company intends to use the funds to further develop their service offering and expand its presence in both existing markets in North […]
MinuteBuzz, a French entertainment media company, raised €1m in funding. The round was led by Seventure Partners, which became a minority shareholder. The company intends to use the funds to continue its investment in innovative formats with many brands including EDF, Oasis, Airbnb and for new technological platforms and automation tools focused on native advertisement […]
According to local reports (read here), hardware, software and services company Acer has launched a new venture capital initiative. With an amount of US$33.5m, the company aims to make long-term investments to strengthen technology development generate financial returns. Reports said that the Asian giant has appointed an external executive as the fund investment director. He […]
ReaLync, a Chicago, IL-based provider of a web/mobile platform for real time and interactive real estate touring, raised $300k in funding. Backers included industry leaders from companies such as GrubHub, CBRE, Leo Burnett, ExactTarget, etc. The company intends to use the capital to build out their senior sales and development teams and accelerate product development. […]
OncoPep, Inc., a Boston, MA-based developer of targeted immunotherapeutics to prevent the progression of cancer, prolong survival and restore the quality of life of patients, closed a $6.9m Series B financing. Backers included angel groups, family foundations and individuals, as well as equity investment from The Leukemia & Lymphoma Society (LLS). Led by Doris Peterkin, […]
Lending Club, one of the world’s largest online marketplace connecting borrowers and investors, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be sold and the price range for the offering have not been determined. Morgan Stanley & […]
Wikia, a San Francisco, CA-based social platform for fans, secured $15m in Series D funding. The round was led by Digital Garage, with participation from existing investors Bessemer Venture Partners, Institutional Venture Partners and Amazon as well as Asuka Investments, owned by Tsuguhiko Kadokawa, Chairman of KADOKAWA Corporation – one of Japan’s largest publishers of […]
Armetheon, Inc., a San Francisco Bay area-based biopharmaceutical company focused on developing novel mid- to late-stage cardiovascular drug candidates, raised $7.0m in Series A round of financing. The round was co-led by AshHill Biomedical Investments and Hercules Bioventures with participation from Atheneos Capital and biotech entrepreneur and pharmaceutical executive, Dr. Larry Hsu, the founder of […]
ARCH Venture Partners, a U.S. technology venture capital firm, closed its eighth venture fund at more than $400m. ARCH Venture Fund VIII, which exceeded its $250m subscription target by more than $150m, was supported by existing limited partners, corporate partners, and public funds. The firm will deploy this vehicle exclusively in early-stage technologies that can […]
GNS3, a Calgary, Alberta, Canada- and Sunnyvale, CA-based developer of virtual network design and testing software, raised over $600K on the crowdfunding platform Tilt Open. 13,000 contributors from more than 80 countries participated in the campaign. The company intends to use the funds to further develop the GNS3 software, adding additional features including paid support […]
Clue, a Berlin, Germany-based provider of a mobile app for enables women to track menstrual cycles, raised €500k in angel funding. Backers included Björn Jeffery (CEO of Toca Boca), Andreas Ehn and Sriram Krishnan (who are two former Spotify executives). The company had raised €500k in February 2014 (read here). Led by Ida Tin , […]
CoreCommerce, a Franklin, Tennessee-based SAAS e-commerce platform provider, received growth capital from Lighter Capital. The amount of the deal was not disclosed. The company intends to use the funds to grow operations over the next few months. Led by Matt DeLong, CEO, CoreCommerce is an ecommerce shopping cart platform for online businesses. The company currently […]