REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
High Fidelity, a San Francisco, CA-based open source software for shared virtual reality, raised an additional $11m in funding. The round was led by Vulcan Capital with participation from other new and existing investors. The company intends to use the funds to grow the team adding engineering, design, and content development talent (read here) to […]
ChartSpan Medical Technologies, a Greenville, SC-based provider of mobile technology that collects and centralizes the management of electronic healthcare data for patients, raised $1.7m in funding. The round was led by Don Byrne, who started Byrne Medical in 1997. The company intends to use the funds to build its engineering, distribution, and marketing teams. Led by […]
Kobalt, a music publishing and global music rights management services company, raised $60m in Series C funding. Backers included with Google Ventures, MSD Capital and MSDC Management. The company, which has raised $66m to date, intends to use the funds to further develop and scale its technology solutions. Led by Willard Ahdritz, founder and CEO, […]
Sols, a NYC-based provider of 3D printing and custom mass manufacturing solutions, completed an $11.1m Series B funding. Backers included previous investors Founders Fund and Lux Capital and new investors Tenaya Capital and Melo7 Tech Partners, a fund co-founded by Carmelo Anthony and Stuart Goldfarb. In addition to the funding, SOLS named Terdema Ussery, Dallas […]
PlayFab, Inc., a Seattle, WA-based backend platform for live games, raised $7.4m in Series A funding. The round was led by Benchmark, with participation from Madrona Venture Group, as well as existing investors Startup Capital Ventures; Barney Harford, CEO of Orbitz; and Jason Kapalka, co-founder of PopCap Games. In conjunction with the funding, general partner […]
LeadDesk, a Helsinki, Finland-based SaaS call center platform provider, raised €5.5m in its first round of funding. The round was led by Dawn Capital with participation from Finnish Industry Investment. In conjunction with the funding, Teddie Wardi from Dawn Capital will join LeadDesk’s board of directors. The company intends to use the funds to grow […]
Skully, Inc., a San Francisco, CA-based maker of intelligent vehicle systems, completed an $11m Series A financing. The round was led by Walden Riverwood Ventures and Intel Capital with participation from Formation 8, Techstars, Eastlink Capital and Western Technology Investments. In conjunction with the funding, Nicholas Brathwaite, partner at Walden Riverwood Ventures, and Victor Westerlind, […]
Sqore, a Stockholm, Sweden-based edtech startup, raised $3.5m in venture capital funding. The investment was made by Northzone, early backers of Spotify, Avito, and iZettle. The company intends to use the funds for product development and creation of a dedicated sales unit. Established in 2010 and led by Niklas Jungegård, CEO, Sqore provides a testing […]
Trax Technologies, Inc., a Scottsdale, AZ-based provider of a global logistics SaaS platform, received a private equity financing from Strattam Capital. Strattam Capital, which will buy a majority of Trax’ shares for an undisclosed price and provide an additional $10m of growth capital, is investing in partnership with Trax’s current management team, led by Founder […]
Chiasma, Inc., a U.S. privately-held biopharma company, closed a $70m Series E financing round. Backers included new investors Rock Springs Capital and Sofinnova Ventures, and an undisclosed blue chip public investment fund, as well as existing investors MPM Capital, F2 Capital, 7 Med Health Ventures, Abingworth and ARCH Venture Partners. Led by Roni Mamluk, Ph.D., […]
ChefsFeed, a San Francisco-based provider of food-related content and food culture as curated by top chefs, raised $4m in Series A funding round. The round was led by ARTIS Ventures with participation from Structure Capital, Haas Portman and Subtraction Capital, as well as individual investors. The company, which has previously raised about $4m to date, […]
RAY Company, a former subsidiary of Samsung Electronics which has become an independent manufacturer of dental imaging technologies, closed a round of funding. BRV Lotus, the Asia fund of BlueRun Ventures, made the investment whose amount was not disclosed. The company intends to use the funds to continue to develop its dental imaging technologies and […]
Virtacore Systems, a Sterling, Virginia-based cloud services provider focusing on virtual infrastructure, received multi-million dollar financing. Silicon Valley Bank, the commercial banking operation of SVB Financial Group (NASDAQ: SIVB), provided the financing. The company intends to use the funds to for working capital to support services operations both domestically and internationally and global growth of […]
Twenty20, a Marina Del Rey, Calif.-based provider of crowdsourced real-world images, raised $8m in Series A funding. The round was led by Canaan Partners with participation from First Round Capital, Bullpen Capital and VersionOne Ventures. The company plans to use the funds to scale and open up partnership opportunities with advertising agencies and media buyers. […]
Sequencing and array-based technology developer Illumina has announced that (NASDAQ:ILMN)’s new Illumina Accelerator Boost Capital has secured an initial capital commitment of $40m from global investment firm Viking Global Investors. The capital will be used to fund investments in promising genomic startups that graduate from Illumina Accelerator. Led by Amanda Cashin, Ph.D., Illumina Accelerator focuses […]