REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
CommercialTribe, a Denver, Colorado-based social sales learning platform, secured $3.2m in Series A funding. Backers included Grotech Ventures, Boulder Ventures, Access Venture Partners, and Martha Tracey of Crawley Ventures. The company plans to use the new funds to accelerate platform development and to further build out its commercialization model. Founded in 2013 by Paul Ironside, […]
Indi (Integrated Diagnostics), a Seattle, WA-based molecular diagnostics company pioneering the use of blood-based proteomic tests, raised $47.25m in funding. It came from the $30.25m closing of its Series B round and $17m in non-dilutive debt financing provided by Life Sciences Alternative Funding LLC (LSAF). The equity round was led by Baird Capital with participation […]
Alignment Healthcare, an Irvine, California-based provider of a care coordination solution for population health management, secured a $125m investment. Growth equity firm General Atlantic made the commitment. The company intends to use the procceds to expand its operational model, strengthen its service platforms, and initiate expansion into new markets across the country (planning to be […]
Muzinich & Co., an international asset management firm, has reached the first close of its Italian Private Debt fund, at €156m. The Luxembourg SICAV-SIF fund, which will hold an additional close later in the year, has been backed by a variety of Italian and non-Italian institutional investors, such as insurance companies, pension funds, banks and […]
Algal Scientific Corporation, a Northville, Michigan-based biotech developer and manufacturer of algae-based chemicals and a supplier of related technologies for the food and beverage industries, completed a $3m financing. The round was led by Evonik Ventures, Formation8 Partners and Independence Equity, with participation from Envy Tech Fund I, the Michigan Economic Development Corporation, the Michigan Pre-Seed […]
Brightpearl, a San Francisco, CA- and Bristol, UK-based provider of a retail management system, raised $10m in funding. The round was led by new investor MMC Ventures, with participation from Quayle Munro and existing investors Eden Ventures and Notion Capital. The company intends to use the funds to accelerate investment in its platform, and sales […]
Doximity, a San Francisco, CA-based professional network for doctors, closed a $54m Series C financing. The round was co-led by DFJ and funds and accounts managed by T. Rowe Price Associates, with participation from funds and accounts managed by Morgan Stanley Investment Management and returning investors Emergence Capital Partners, Morgenthaler Ventures and InterWest Partners. The […]
Undo Software, a Cambridge, UK-based provider of debugging software, raised $1.25m in its third funding round. Backers included existing investors within the Cambridge Angels group and new investor Jaan Tallinn, one of the original founders of Skype and Kazaa, and now co-founder of the University of Cambridge-based Centre for the Study of Existential Risk. The […]
Big Health, a London, UK-based provider of sleep improvement solutions, closed a $3.3m Series A funding. Backers included Index Ventures and Forward Partners. Founded by Peter Hames and Professor Colin Espie, University of Oxford, Big Health creates highly personalized, clinically-proven behavioural medicine programs delivered via web and mobile. The company’s first product is Sleepio, a […]
New Relic, a San Francisco, CA-based provider of software analytics, raised $100m in funding. The round was led by funds affiliated with BlackRock and Passport Capital, with participation from T. Rowe Price Associates and Wellington Management. They joined previous investors Allen & Company, Benchmark Capital, Dragoneer Investment Group, Insight Venture Partners, Tenaya Capital and Trinity […]
URX, a San Francisco, Calif.-based a mobile deeplinking provider, closed a $12m Series A funding. The round was led by Accel Partners with participation from First Round Capital, Google Ventures and SV Angel, as well as individual investors Jim Payne, former CEO of MoPub and current VP Exchange Twitter, Aunkur Arya, General Manager, Braintree, and […]
AbCelex Technologies Inc., a Canadian biotechnology company, closed on $2.0m in Series A venture capital financing. The round was led by Cultivian Sandbox Ventures, LP. Ron Meeusen, a Managing Director of Cultivian Sandbox and co-founder and Managing Partner of Cultivian Ventures, Matthew Bell, a Principal of Cultivian Sandbox, and Paul Dick, an animal health industry […]
Profitect, a Waltham, MA-based provider of amplification solutions, received an investment from Motorola Solutions, Inc. (NYSE: MSI) through its strategic investment arm, Motorola Solutions Venture Capital. The amount of the investment was not disclosed. The company intends to use the funds to further its global growth. Led by Guy Yehiav, CEO, Profitect provides a software […]
Kite Pharma, Inc., a Santa Monica, CA-based clinical-stage biopharmaceutical company focused on developing engineered autologous T cell therapy (eACT™) products for the treatment of cancer, completed a $50m mezzanine private financing of convertible notes. Participants in the transaction included a syndicate of healthcare-dedicated investors, many of which are based in the United States and are […]
Opvizor, a Houston, Texas-based developer of SaaS solutions for intelligent data processing and in-depth analysis of virtual datacenter environments, raised an additional funding round. The amount of the financing was not disclosed. Backers included previous investors Gamma Capital Partners, and new investors Texas Atlantic Capital, and Wellington Partners. In conjunction with the funding, Moshe Bar, […]