REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Cloudstaff, an Australian based outsourcing company, closed an AUD$500k seed funding round. Backers included Robert Whyte, Trevor Kennedy and serial entrepreneur Bevan Slattery. The company intends to use the funds to expand its business focusing on the following four major growth paths: – New and organic growth within Australian, UK and US customer bases – […]
Tinybop Inc., a Brooklyn, NY-based maker of educational apps for kids, raised $6m in funding. According to a filing with the S.E.C., twelve unnamed backers participated in the raise. Led by Raul Gutierrez, Founder and CEO, Youngna Park, Head of Product, and Robert Blackwood, Lead iOS Developer, Tinybop leverages designers, developers, and artists to build […]
Coinplug, a Korean Bitcoin startup, raised $400k in funding. Silverblue, Inc., an investment company based in Cupertino, CA and led by KH Joo, made the investment. The company intends to use the funds to develop its platform. Founded in June 2013 and led by Ryan Uhr, CEO, Coinplug is developing a online and mobile Bitcoin […]
Kingsoft Office Software, Inc., a Palo Alto, CA-based provider of mobile and desktop office solutions, raised $50m in capital. Backers included Morningside Capital, GGV Capital and Shunwei China Internet Fund, L.P.. In addition, members of Morningside and GGV will join Kingsoft Office’s Board of Directors. The company intends to use the funds to expand globally […]
Editas Medicine, a Cambridge, MA-based genome editing company, secured a $43m Series A financing. The round was led by Flagship Ventures, Polaris Partners and Third Rock Ventures with participation from Partners Innovation Fund. Founded by Feng Zhang, Ph.D., George Church, Ph.D., Jennifer Doudna, Ph.D., Keith Joung, M.D., Ph.D., and David Liu, Ph.D., Editas leverages patent […]
Optoro, Inc., a Washington, DC-based technology company enabling retailers and manufacturers to increase revenue from returned and excess inventory, closed additional Series B funding with SWaN & Legend Venture Partners. The amount of the deal was not disclosed. In conjunction with the funding, Tony Nader, Vice Chairman of NEWAsurion and Managing Director at SWaN & Legend […]
Yara International ASA, a provider of solutions for sustainable agriculture and the environment, has acquired Hennigsdorf, Germany-based water sensor company ZIM Plant Technology GmbH. Led by Prof. Dr. Ulrich Zimmermann, founder, ZIM Plant Technology sells crop water sensor technology, which is mostly used in high-precision irrigation systems to improve yields and water use efficiency. It […]
Torch, a Hambrg, Germany-based provider of commercial services for Graylog2, the open source machine data analytics tool, raised a seed funding of undisclosed amount. Backers included e.ventures, High-Tech Gruenderfonds, Hasso Plattner Ventures and Atlantic Capital Partners. The company intends to use expand its team to accelerate development. Founded in 2012 by Lennart Koopmann, the creator of […]
Finjan Holdings, Inc. (OTC MKT: FNJN), an online security and technology company, made a strategic investment in an Israel-based venture capital fund that will target early-stage technology companies focused on innovating the cybersecurity space. The amount of the transaction was not disclosed. The fund’s technology R&D investments will focus on many areas central to cybersecurity […]
Pixium Vision, a Paris, France-based developer of innovative retinal implant systems, closed a €15m Series A extension financing. The round was led by Sofinnova Partners, with participation from Bpifrance, through the InnoBio fund, and existing investors Omnes Capital and Abingworth. In conjunction with the financing, Antoine Papiernik (Sofinnova Partners) and Chahra Louafi (Bpifrance) joined Pixium’s […]
Kwanji, a London, UK-based tech startup working to simplify foreign exchange mechanisms for small businesses, completed an initial seed funding round of undisclosed amount. The round was led by Mercia Fund Management under the Seed Enterprise Investment Scheme. The company intends to use the funds to further develop its Kwexc platform. Launched in 2013 by […]
LiveSafe, an Arlington, VA-based a provider crowdsourced mobile crime reporting platform, received an investment from the CIT GAP Funds. The amount of the deal was not disclosed. The company intends to use the funds for development and expansion of its product and additional market roll-outs. Led by Jenny Abramson, CEO and President, LiveSafe provides a […]
Spreedly, a Durham, NC-based developer of a platform that creates a single payment gateway experience, raised an additional $500k in funding. The investment was made by the Belgian vc E-Merge, which had already injected $300k earlier in 2013 (read here). The company intends to use the funds to continue to develop the platform and expand […]
Moderna Therapeutics, a Cambridge, Massachusetts-based developer of messenger RNA (mRNA) Therapeutics™, a new treatment modality to enable the in vivo production of therapeutic proteins, completed a $110m financing. To date, Moderna has secured more than $415m from the pharmaceutical and government sectors, as well as from private investors led by founding investor Flagship Ventures. The […]
Veenome Inc., an Arlington, VA-based provider of a platform that creates data from online video, raised $1m in funding. Backers included both new (Clay DeGiacinto and Ahmed Al Darmaki) and existing investors. The company, which has raised $2m to date, intends to use the funds to continue to expand its business and tech development head […]