REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Raptr, a Mountain View, California-based optimization platform for PC gamers, raised $14m in financing. Backers included Advanced Micro Devices (AMD) as well as existing investors Accel Partners, DAG Ventures, and Tenaya Capital. The company intends to use the funds to expand newly launched Plays.tv and further grow operations. Led by Dennis “Thresh” Fong, founder and […]
TripHobo, a Pune, India-based platform for discovering user-generated travel itineraries, raised $3m in Series B funding. The round, which followed a Series-A round closed in July 2014, was led by Kalaari Capital and Mayfield. The company intends to use the funds to invest in R&D and new talent, to scale content and technology integration with […]
According to a filing with the S.E.C. (read here), venture capital firm Social+Capital Partnership is raising a $150m opportunity fund. It is called Social Capital Partnership Opportunities Fund. The opportunity fund usually focuses on complementing core funds and allows the manager to continue to invest in established and successful companies and respond to attractive opportunities […]
Thrasos Therapeutics, a Montreal, Canada-based biotherapeutics company focused on kidney disease, closed $21m in Series D funding. The round was led by BDC Capital and SR One. In conjunction with the funding, Ela Borenstein, a manager partner at BDC, joined Thrasos’ board of directors. The company intends to use the funds to both complete the […]
Tanium, an Emeryville, California-based provider of a security and systems management platform, raised $52m in funding. Andreessen Horowitz, which had provided an initial financing of $90m in May 2014, made the investment. The company intends to use the funds to accelerate product innovation and research and development, as well as expand field operations with specific […]
Sprinklr, a New York City-based social media management platform, secured $46m in funding. The round, which was led by Battery Ventures, Intel Capital and Iconiq Capital, valued the company at more than $1 billion. Sprinklr intends to use the funds to expand into adjacent product markets and geographies. Led by Ragy Thomas, CEO and founder, […]
Spruce, a San Francisco-based telemedicine provider, raised $15m in a Series A round of funding. Backers included Kleiner Perkins Caufield & Byers, Google Ventures, Baseline Ventures and Cowboy Ventures. The company, which had previously raised $2m in seed funding, intends to use the capital for growth and national expansion. Led by Ray Bradford, CEO, Spruce […]
Algal Scientific Corporation, a biotech developer and manufacturer of algae-based chemicals and a supplier of related technologies for the food and beverage industries, closed a $7m Series B funding round. The investment, which brought the total amount to over $10m, was led by Formation 8, with participation from Evonik Industries and Independence Equity. Founded in […]
Convergent Dental Inc., a Natick, MA-based dental device company, secured $9m in funding. The round was led by existing investors Long River Ventures and the Gund Foundation as well as new individual investors and family offices. The company intends to use the funds to continue to increase in product innovation, sales and implementation efforts. Led […]
ReadyPulse, a San Carlos, CA-based provider of a digital marketing platform, raises $5m in Series A funding. The round was led by Walden Venture Capital and Rally Ventures. The funding, which followed earlier seed financings totaling $2m from various early-stage investors including Divergent Ventures, will be used for expansion into additional verticals and geographies. The […]
Monkimun, a San Francisco, California-and Madrid, Spain-based provider of a pre K adaptive language learning platform, raised $1m in funding. Backers included 500 Startups, Incuvest, SHO-zemi Innovation Ventures, Lanzame Capital and angel investors Ian Noel, Iñaki Arrola and Carina Szpilka – ex-CEO of ING direct Bank France / Spain. The company intends to use the […]
In February, Italian 21 Partners held the first closing of its third private equity fund at €220m. 21 Investimenti III, which has an over €300m final target, will make control growth buyout investments in Italian SMEs with EVs ranging from €50m to €200m. It wll focus on companies with a strong positioning in attractive markets and compelling prospects for […]
GoFormz, a San Diego, California-based company provider of a mobile business productivity platform, raised $3m in Series A funding. Backers included Cloud Apps Capital Partners and FLOODGATE. As part of the funding, Matt Holleran, general partner of Cloud Apps Capital Partners, joined GoFormz’ board of directors. The company intends to use the funds to increase […]
YapStone, a San Francisco Bay area – based global provider of web and mobile payment technology solutions for large vertical markets and online marketplaces, closed $60M financing package. Comerica Bank and Bregal Sagemount provided the funds. This financing enables the company to accelerate its growth initiatives in its existing markets and pursue growth opportunities in […]
Ice Mobility, a Vernon Hills, Illinois-based provider of wireless products and provides supply-chain solutions, raised $65m in debt and equity growth capital. Backers included Wells Fargo Capital Finance and Hawthorn Equity Partners. The company intends to use the funds to continue to expand operations. Led by Mike Mohr, Chief Executive Officer, Ice Mobility is a […]