Pittsburgh-based Avere Systems, a data storage company, has secured $14 million in Series E funding. The investors were Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital, Western Digital Capital and Google Inc.
1 min read · 21 March 2017
The Entrepreneurs' Fund has raised $27.4 million for its fourth venture fund, according to an SEC filing. The target is $100 million. The Silicon Valley-based, early-stage venture firm is focused on cloud-based B2B software.
1 min read · 21 March 2017
The New York Shipping Exchange, a provider of the first digital forward freight contract for global container shipping, has raised $8.5 million in Series A funding. Goldman Sachs and GE Ventures led the round with participation from other backers that included Blumberg Capital and Tectonic Capital.
5 min read · 21 March 2017
Paris-based Databerries, a mobile advertising platform for offline retailers, has secured $16 million in Series A funding. Index Ventures led the round with backers that included ISAI and Mosaic Ventures.
1 min read · 21 March 2017
UK-based drug developer Pulmocide Ltd has closed $30.4 million in Series B financing. SR One led the round with participation from other investors that included Longwood Fund, SV Life Sciences, F-Prime Capital, Johnson & Johnson Innovation - JJDC, Inc. and Touchstone Innovations plc.
1 min read · 21 March 2017
Oakland, California-based Mynd, a property management company, has secured $5.1 million in funding. Jackson Square Ventures led the round with participation from other investors that included Canaan Partners and Lightspeed Venture Partners.
3 min read · 21 March 2017
Chicago-based Jellyvision, a maker of an employee communications platform, has raised $20 million in funding. The investor was Updata.
1 min read · 21 March 2017
RavenPack, the big data analytics provider for financial services, has raised $5 million in funding from Draper Esprit. EOC Partners advised RavenPack on the transaction.
1 min read · 21 March 2017
Oakmont, Pennsylvania-based Cerêve Inc, a maker of insomnia therapy, has named Donald J. Spence as president and CEO. Previously, Spence was group president of sleep and home respiratory and then later CEO of Philips Home Healthcare for Philips Respironics. Cerêve is backed by KKR, Arboretum Ventures, Versant Ventures and Partner Ventures.
3 min read · 21 March 2017
Foster City, California-based SutroVax, a biopharmaceutical vaccine company, has secured $60 million Series B financing. Frazier Healthcare Partners and Pivotal bioVenture Partners led the round with participation from other backers that included Abingworth, Longitude Capital, Roche Venture Fund and CTI Life Sciences Fund. In addition to the funding, Patrick Heron and Tracy Saxton have been appointed to SutroVax's board of directors.
1 min read · 21 March 2017
