Alastair Goldfisher

Norwest leads Series B funding in security company CyberX

Boston-based CyberX, which monitors industrial networks for targeted attacks, insider threats and vulnerabilities, announced it has raised $18 million in Series B funding led by Norwest Venture Partners. Previous investors, including Glilot Capital Partners, Flint Capital, ff Venture Capital and OurCrowd, also participated in the round. The company has now raised $30 million in total funding.

On the Bleeding Edge: Sequoia’s pension penance and personnel updates with Kovacs, McCroden and Vrionis

Burger-flipping robotics company Miso raises $10 mln

Pasadena, California-based Miso Robotics, a developer of robotics and artificial intelligence technology for restaurants and food providers, announced it raised $1o million in Series B funding. Acacia Research Corporation led the funding, which included Levy, the sports and entertainment hospitality company, OpenTable’s Chief Technology Officer Joseph Essas, and founding investor Cali Group, as well as six members of Cali Group’s management team and its subsidiary company, CaliBurger. The company said it will use the funding to develop its burger-flipping robot Flippy. Miso, founded in 2016, says that it will debut Flippy at CaliBurger’s Pasadena location and will roll out the autonomous robotic kitchen assistant to more than 50 CaliBurger restaurants worldwide by the end of 2019.

Five Questions with Jai Das, managing director, Sapphire Ventures

LimeBike pedals ahead with $70 mln Series B extension led by Fifth Wall

San Mateo, California-based LimeBike, operator of a fleet of lime-green colored bicycles in a connected bikeshare program, announced today that it has raised an additional $70 million as part of a Series B extension. Fifth Wall Ventures led the extension, which included Rainbow Technology Co Ltd. The company previously announced a $50 million Series B round in October led by Coatue Management and including DCM Ventures, Andreessen Horowitz, AME Cloud Ventures, Franklin Templeton Investments, GGV Capital, Section 32 and the Stanford-StartX Fund and The Durant Company. With the Series B extension, LimeBike has now raised $132 million in funding to date.

Wine app Vivino raises $20 mln

Vivino, developer of a mobile wine app and operator of an online wine marketplace, announced it has raised $20 million in Series C funding. SCP Neptune International, the investment arm of Christophe Navarre, led the round. Existing investors Balderton Capital, Creandum, SEED Capital Denmark and Iconical also participated in the round. The company, which was founded in Copenhagen in 2010, but operates its U.S. headquarters in San Francisco, has now raised $57 million in total funding.

Norwest raises $1.5 bln, promotes Kossow and Wu

Norwest raises $1.5 bln for its largest fund to date

Edtech company Varsity Tutors raises $50 mln

St. Louis-based Varsity Tutors, which operates a platform that connects students with experts, announced that it has raised a $50 million Series C round of funding. The round was led by Learn Capital and included The Chan Zuckerberg Initiative and existing investor TCV. The company, founded in 2007 at Washington University in St. Louis, has now raised $107 million in total funding.

Early-stage investor Fryfly raises $19.7 mln

Menlo Park, California-based Fryfly Venture Partners, an early-stage investor in "data and intelligence," has raise $19.7 million toward a targeted $25 million fund, according to a regulatory filing. The commitments came from 13 investors, the filing reported. Fryfly is led by Co-Founders and General Partners Julie Allegro and Philipp Stauffer.