2 min read · 01 March 2013
Electronic medical records management company Practice Fusion has made its first acquisition, scooping up 100Plus for an undisclosed amount. 100Plus, which was launched in Practice Fusion's health tech incubator in San Francisco, previously raised $1.25 million in seed-stage funding from Founders Fund (which is also a Practice Fusion investor), Greylock Discovery Fund, Felicis Ventures (another Practice Fusion investor) and the Band of Angels. 100Plus was co-founded by CEO Chris Hogg, a health care data analytics expert formerly with Gilead Sciences, who will join Practice Fusion's data and product development group.
3 min read · 27 February 2013
Chairish, an online consignment-like high-end reseller, launched today and is self-funded, without any venture funding. The company is open to raising capital in the future from the right VC, but didn't need to for its launch, "thanks to our previous outcomes." Chairish was founded by a team of senior executives and founding entrepreneurs from Hotwire and TripIt, including Anna and Greg Brockway, Andy Denmark (formerly with Tripit), Eric Grosse (Hotwire) and Nancy Ramamurthi (Tripit). The launch of Chairish comes at a time when a number of heavily venture-backed ecommerce retailers are trying to tap into the online furniture market, such as 1stbids, Wayfair and One Kings Lane.
4 min read · 27 February 2013
Remotium, a San Mateo, Calif.-based startup that helps companies manage the security risks of mobile devices, was named the Most Innovative Company at the start of the RSA Conference on Monday. The company, which has not yet raised any venture funding, was one of 10 finalists in the startup competition.
3 min read · 26 February 2013
Medical device company Intersect ENT has raised a $30 million Series D round of funding that was led by new investor Norwest Venture Partners. Also participating in the round were existing investors Kleiner Perkins Caufield & Byers, U.S. Venture Partners, PTV Sciences and Medtronic. The company, which develops therapies for ear, nose and throat surgeons, previously raised $30 million in known funding.
3 min read · 25 February 2013
Battery Ventures announced that it has raised $650 million for its 10th fund, and a $250 million side fund to support later stage, growth and buyout deals. The firm said it began raising the fund in October. Battery Ventures raised $750 million for its ninth fund, which closed in early 2010.
3 min read · 21 February 2013
Cylance came out of stealth today and announced it has raised $15 million in its first round of funding from Khosla Ventures and Fairhaven Capital. The company--founded last year by Stuart McClure, a former global CTO of McAfee--also named retired Admiral William J. Fallon to its board.
5 min read · 13 February 2013
Thirst Labs, which provides a mobile app and Web platform to discover and share news, announced today that its Thirst news platform has been revamped and is now available to everyone online. Thirst Labs raised a $950,000 seed round from BlueRun Ventures and individual investors Steve Newcomb (co-founder of Powerset) and Jason Krikorian (co-founder of Sling Media). Thirst Labs co-founder and CEO Anuj Verma says the company plans to start working on raising a Series A round during the first quarter of this year.
3 min read · 12 February 2013
Nok Nok Labs, which develops authentication technology for the cloud, came out of stealth today and launched its product and services. The venture-backed company was founded by CEO Phillip Dunkelberger, who previously launched encryption company PGP Corp. He founded Nok Nok in 2011 and raised a $15 million Series A round that same year from ONSET Ventures and DCM.
5 min read · 12 February 2013
Palo Alto, Calif.-based StartX, which runs a startup accelerator program for students of Stanford University, announced today it raised $400,000 from Cisco, Founders Fund, AT&T, Groupon and Founder.org. The funding amount also includes a $100,000 grant from the Blackstone Charitable Foundation.
4 min read · 11 February 2013
