Iris Dorbian

Medical device firm EDGe takes in $4 mln Series A

Chicago-based EDGe Surgical Inc, a medical device company focused on precision measurement solutions for orthopedic surgery, has raised $4 million in Series A financing. The investors were not named.

Aspen RxHealth nets $9 mln Series A

Aspen RxHealth, a developer of technology that connects a community of pharmacists with patients, has secured $9 million in Series A funding. Flare Capital Partners led the round.

AtScale fetches $50 mln Series D

San Mateo, California-based AtScale, a data warehouse virtualization platform company, has raised $50 million in Series D funding round. Morgan Stanley led the round with participation from other investors that included Storm Ventures, Wells Fargo and Atlantic Bridge.

VC-backed Arctic Wolf acquires RootSecure Corp

Arctic Wolf Networks has acquired Sunnyvale, California and Waterloo, Ontario-based RootSecure Corp, a provider of advanced cybersecurity risk assessment solutions. No financial terms were disclosed. Arctic Wolf is backed by Future Fund, Adams Street, Unusual Ventures, Lightspeed Venture Partners, Redpoint Ventures, Sonae Investment Management and Knollwood Investment Advisory LLC.

Astrapi Corporation procures funding

Dallas-based Astrapi Corporation, a provider of spiral-based signal modulation technology, has raised an undisclosed amount of funding. The investor was Ascend Venture Capital.

Akero Therapeutics locks in $70 mln Series B

Cambridge, Massachusetts-based Akero Therapeutics Inc, a biotechnology company focused on treating non-alcoholic steatohepatitis and other serious metabolic diseases, has raised $70 million in Series B funding. Janus Henderson Investors led the round with participation from Redmile Group, Boxer Capital of Tavistock Group, Cormorant Asset Management, BVF Partners, Rock Springs Capital, LifeSci Venture Partners, Apple Tree Partners, Atlas Venture, venBio Partners and Versant Ventures.

Greycroft leads Series B round for Happiest Baby

Los Angeles-based Happiest Baby Inc, a provider of parenting solutions, has secured $23 million in Series B funding. Greycroft Partners led the round with participation from Sallfort Bank and GV.

BlockFi snags $4 mln

New York-based BlockFi, a provider of loans to cryptoasset owners, has raised $4 million in convertible debt funding. The lead investor was Akuna Capital.

Optibus inks $40 mln Series B

Tel Aviv-based Optibus, a provider of software-as-a-service platform that modernizes mass transit for transportation operators, has raised $40 million in Series B financing. Insight Venture Partners led the round with participation from other investors that included Alibaba Group, Verizon Ventures, Pitango Venture Capital, New Era Capital and Sir Ronald Cohen.

InterVenn BioSciences lands $9.4 mln

Redwood City, California-based InterVenn BioSciences, a developer of an AI-driven mass spectrometry platform, has raised $9.4 million in funding. Genoa Ventures led the round with participation from True Ventures, Amplify Partners, Boost VC and Prado SV.