San Francisco-based venBio Partners announced it has raised $315 million for its second life science fund, which is anchored by investments from strategic LPs Amgen, Merck and Baxalta. The amount exceeds the $250 million target it set in March 2015, according to a regulatory filing. The firm, which also has an office in New York, typically invests in clinical-stage life science companies with a therapeutic product.
3 min read · 06 May 2016
New York-based ff Venture Capital has closed its fourth fund, called ff Sapphire (IV) Venture Capital Fund GP, with $53.78 million in commitments, according to a regulatory filing. The fund was targeted at $50 million and raised the capital from 82 endowments, foundations, corporations, state pension funds, single family offices, as well as individuals, including tech executives.
1 min read · 05 May 2016
New York-based ff Venture Capital has closed its fourth fund, called ff Sapphire (IV) Venture Capital Fund GP, with $53.78 million in commitments, according to a regulatory filing. The fund was targeted at $50 million and raised the capital from 82 endowments, foundations, corporations, state pension funds, single family offices, as well as individuals, including tech executives.
1 min read · 05 May 2016
New York-based Appboy, a provider of a marketing platform to manage customer engagement, has raised a $20 million Series C round of funding led by Battery Ventures. The company said that all previous investors participating. Appboy previously raised about $22.5 million in funding from Accelerator Ventures, Blumberg Capital, Bullpen Capital, IDG Ventures USA, InterWest Partners, Rally Ventures and T5 Capital, according to Thomson Reuters. As part of the latest funding, Neeraj Agrawal, general partner at Battery, has joined the board.
3 min read · 04 May 2016
Austin, Texas-based OutboundEngine, which provides a marketing platform for small businesses, has raised a $16 million Series C round of funding led by S3 Ventures. Also participating in the round are existing investors, including Silverton Partners, Noro-Moseley, Harmony Partners, Altos Ventures and Capital Factory. The company has now raised $33.8 million in total funding, including an $11 million Series B round in 2014.
3 min read · 04 May 2016
Austin, Texas-based OutboundEngine, which provides a marketing platform for small businesses, has raised a $16 million Series C round of funding led by S3 Ventures. Also participating in the round are existing investors, including Silverton Partners, Noro-Moseley, Harmony Partners, Altos Ventures and Capital Factory. The company has now raised $33.8 million in total funding, including an $11 million Series B round in 2014.
3 min read · 04 May 2016
Campbell, California-based ChargePoint, which provides a network of electric vehicle charging stations, announced it has raised $50 million in a funding round led by Linse Capital. Also participating in the round are Braemar Energy Ventures and Constellation Energy. The company has now raised more than $164 million in total funding from investors, including Rho Ventures, Kleiner Perkins Caufield & Byers, BMW iVentures and Siemens. Linse Capital is led by Michael Linse, formerly a partner with Kleiner Perkins. ChargePoint said that other investors who participated in the round, as a result of their investments with Linse Capital, include Statoil Energy Ventures, Envision Ventures, Jan Klatten, Michael Liebreich and Rick Wagoner. ChargePoint also named board member Bruce Chizen, former CEO of Adobe and a venture partner with Voyager Capital, to chairman.
4 min read · 04 May 2016
New York-based Roam, which operates a network of communal living spaces for worldwide travelers, has raised $3.3 million in a seed-stage funding round led by CRV. Also participating in the round are Collaborative Fund, NextView, Corigin and angel investors Eric Wahlforss (founder of SoundCloud), Anthemis Group Chairman Sean Park and Teleport CEO Sten Tamkivi.
3 min read · 03 May 2016
Formlabs, a maker of 3D printing technology, announced it has acquired venture-backed Pinshape for an undisclosed price. Vancouver-based Pinshape, a consumer marketplace for 3D printable products, raised US$825,000 in seed-stage funding over 2014-2015 from 500 Startups, DeNA, ChinaRock Capital Management and 500 Startups co-founder Dave McClure, according to its AngelList profile. The acquisition deal is the first for Somerville, Mass.-based Formlabs, which is backed by DFJ Growth, Innovation Endeavors and Pitango Venture Capital. Earlier this year, 500 Startups launched 500 Canada, a US$30 million Canadian venture capital fund.
3 min read · 03 May 2016
Formlabs, a maker of 3D printing technology, announced it has acquired venture-backed Pinshape for an undisclosed price. Vancouver-based Pinshape, a consumer marketplace for 3D printable products, raised US$825,000 in seed-stage funding over 2014-2015 from 500 Startups, DeNA, ChinaRock Capital Management and 500 Startups co-founder Dave McClure, according to its AngelList profile. The acquisition deal is the first for Somerville, Mass.-based Formlabs, which is backed by DFJ Growth, Innovation Endeavors and Pitango Venture Capital. Earlier this year, 500 Startups launched 500 Canada, a US$30 million Canadian venture capital fund.
3 min read · 03 May 2016
