Minneapolis-based Bright Health, an insurance company, has raised $200 million in Series C funding. The investors include Declaration Partners, Meritech Capital, Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates, Redpoint Ventures and Town Hall Ventures.
1 min read · 29 November 2018
New York City and San Francisco-based PebblePost, a direct mail firm, has closed its Series C funding round at $31 million. Advance Venture Partners led the round with participation from other investors that included Capital One Growth Ventures, Kickstart Seed Fund, RRE, Greycroft and Tribeca Venture Partners.
1 min read · 29 November 2018
Dublin, Ireland-based Inflazome, a developer of small molecule drugs that block harmful inflammation, has named Dr. Thomas Jung as chief medical officer. Jung is the former head of the translational medicine group for Novartis Europe. Inflazome is backed by Forbion Capital Partners, Longitude Capital, Fountain Healthcare Partners and Novartis Venture Fund.
3 min read · 29 November 2018
San Francisco-based Roam Robotics, a builder of robotic exoskeletons, has raised $12 million in Series A funding. Yamaha Motor Co led the round with participation from Boost VC, Heuristics Capital Partners, Menlo Ventures, R7 Partners, Spero Ventures, Valor Equity Partners and Venture Investment Associates.
1 min read · 29 November 2018
Oxford Finance LLC has provided a $25 million senior secured facility to Karius Inc, a life science company focused on infectious disease diagnostics with genomics. The financing will be used to expand the company technology to more hospitals and patients, invest in additional clinical studies and fund additional technology and product innovations. Karius Inc's backers include Data Collective, Lightspeed Venture Partners, Tencent, Khosla Ventures, Innovation Endeavors and Spectrum 28.
3 min read · 29 November 2018
Andover, Massachusetts-based Aras, a provider of open product lifecycle management software for the enterprise, has raised $70 million in Series D funding. Goldman Sachs Private Capital led the round with participation from other investors that included Silver Lake Kraftwerk. In conjunction with the transaction, Hillel Moerman and Holger Staude of Goldman Sachs will join Aras’ board of directors as a board member and as an observer, respectively.
4 min read · 29 November 2018
San Francisco-based Asana, a work management platform for teams, has secured $50 million in Series E funding. Generation Investment Management led the round with participation from 8VC, Benchmark Capital, Founders Fund, Lead Edge Capital and World Innovation Lab.
1 min read · 29 November 2018
Columbus, Ohio-based ParaGen Technologies, the parent company of four medical device companies, has secured $3 million in funding. Ikove Venture Partners managed and organized the round.
1 min read · 29 November 2018
Tock Inc, a global reservations platform for restaurants, wineries and pop-ups, has raised $9.5 million in funding. Valor Equity Partners and Origin Ventures led the round.
1 min read · 28 November 2018
Seattle-based Flying Fish Partners, an early-stage tech venture firm focused on artificial intelligence and machine learning opportunities in the Pacific Northwest and British Columbia, has added four new venture partners to its team. Joining Flying Fish are Adriane Brown, Bonnie Foley-Wong, Stephen Lawler and Vanessa Pegueros.
3 min read · 28 November 2018
