REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
HP acquired ConteXtream, a Mountain View, CA-based network virtualization company. The terms of the transaction were not disclosed. Co-founded by Nachman Shelef and Sharon Barkai, ConteXtream offers solutions that allow carriers to deliver network capacity and functions in the same way cloud providers deliver applications effectively utilizing standard compute and storage. Deployed by Tier-1 operators, […]
lifeIMAGE, a Newton, Mass.-based network for exchanging medical imaging, closed a $17.5m round of financing. The round was led by Cambia Health Solutions (Portland, Ore.) with participation from existing investors Cardinal Partners, Galen Partners, Long River Ventures, Mass Ventures, and Partners Innovation Fund. The company intends to use the funds to expand resources for its […]
GumGum, a Santa Monica-based advertising platform, raised $26m in Series C funding. The round was led by Morgan Stanley Expansion Capital with participation from New Enterprise Associates, Upfront Ventures and First Round Capital. The company intends to use the funds to accelerate its expansion into international markets, strengthen R&D resources across image recognition and computer […]
Manta Instruments, a San Diego, CA-based startup developing technology for characterizing nanoparticles, raised funding from Triton Technology Fund (TTF). The amount of the deal was not disclosed. The company intends to use the funds to accelerate commercialization of its scientific instruments. Led by CEO Rick Cooper, Manta Instruments is commercializing scientific instruments that measure nanoparticles […]
Pronutria Biosciences, a Cambridge MA-based clinical stage biotechnology company developing a new class of therapeutics to mediate amino acid biology, completed a $39m Series C financing. The round was led by new investor Fidelity Management & Research Company with participation from founding investor Flagship Ventures, among others. The company will use the funds to advance […]
RapidScale, an Irvine, CA-based cloud computing company, received an investment from Chris Palermo. The investment will provide RapidScale with the additional capital needed to increase resources in order to keep up with continued growth. Mr Palermo, the Founder, CEO, and President of Global Communication Networks, Inc., adds to the company’s investor group, which includes the […]
AutoGraph, a Seattle, WA-based developer of technology that provides consumers with private, personalized mobile experiences, closed $2.7m in funding. Backers included previous investors Voyager Capital, along with members of the Alliance of Angels. The company, which has raised $7.4m in total, intends to use the funds to to expand product offerings as well as new […]
Freedom Meditech, Inc., a San Diego, California-based medical device company, raised $4.8 million in a Series C financing. The company intends to use the funds to advance its R&D programs. Led by newly named Mr. John Gerace as chief executive officer, Freedom Meditech focuses on the commercialization of novel non-invasive technologies for the detection of […]
Flat4Day, an Istanbul, Turkey-based vacation rental website (Hemenkiralik), raised $2m in funding. The round was led by HomeAway, Inc. (NASDAQ: AWAY), with participation from Istanbul-based venture capital fund 212 Ltd. The company, which has raised over $6 million in venture capital to date, intends to use the funds to continue to expand operations. Founded in […]
NeuWave Medical, Inc., a Madison, Wisconsin-based medical device company focused on developing technology for use in the ablation of soft-tissue lesions, completed $25M Series C financing round. The round was led by Versant Ventures with participation from existing investors H.I.G. BioVentures, Venture Investors and others. In conjunction with the funding, Kirk Nielsen, Managing Director at […]
Dockwa, a Newport, RI-based mobile app company providing reservations to boaters and the marine industry, raised $1.1m in additional seed funding. Investors included David Skok of Matrix Partners, HubSpot’s CEO Brian Halligan and CMO Mike Volpe, Driftt’s CTO Elias Torres, and several private investors. The company, which has raised $1.4m, intends to use the capital […]
ClearDATA, a Tempe, AZ-based healthcare cloud computing company, closed an over-subscribed $25m Series C funding. Backers included Heritage Group, HLM Venture Partners and Flare Capital Partners, along with existing investors Norwest Venture Partners, Merck Global Health Innovation Fund and Excel Venture Management. The company intends to use the funds for continued growth and launch of new products. Led […]
Monese, a London, UK-based fintech startup that allows users to open up a UK bank account on mobile, raised $1.8m in seed funding. Backers included Seedcamp, Spotify investor Shakil Khan and a select group of other angel investors. The company intends to use the funds to launch during Summer with plans for international expansion in […]
Trustpilot, a Copenhagen, Denmark-based review community for global online shoppers, raised $73.5m in Series D funding. The round was led by Vitruvian Partners with participation from previous investors DFJ Esprit, Index Ventures, Northzone and Seed Capital Denmark. In conjunction with the funding, Vitruvian Partner Ben Johnson will join the board of directors at Trustpilot. The […]
Ubimo, an Israeli-based mobile marketing platform, secured $7.5m in Series B funding. The round was led by Pitango Venture Capital with participation from OurCrowd and YJ Capital. The company, which has now raised a total of $9.7m, is using the funds to continue to expand operations. Founded in 2013 by Ran BenYair, CEO, Ubimo provides […]