Hummer Winblad Venture Partners has raised almost $30 million for its seventh fund, according to an SEC filing. The target is $125 million. Based in San Francisco, the venture firm invests in early-stage enterprise software companies.
1 min read · 06 March 2017
Palo Alto Networks has acquired cyber security company LightCyber for $105 million in cash. LightCyber's backers included Battery Ventures.
3 min read · 06 March 2017
Okta has acquired Stormpath, a provider of authentication services for developers, according to a blog post on the latter's site. No financial terms were disclosed. Stormpath's backers included Scale Venture Partners, New Enterprise Associates and Pelion Venture Partners.
1 min read · 06 March 2017
Houston, Texas and Germany-based InGeneron Inc, a regenerative medicine and cell therapy company, has raised $20 million in Series D funding. The investor was Sanford Health.
1 min read · 06 March 2017
New Crop Capital and BeyondBrands have formed a joint venture. Both will collaborate on providing plant-based meat alternatives. Their first brand is expected to debut this summer.
3 min read · 06 March 2017
Entertainment company Roc Nation has launched a new platform ARRIVE, which was formed through a partnership with Primary Venture Partners and GlassBridge Asset Management. ARRIVE will provide capital, brand services, advice and business development to a select group of early-stage startups. Primary will serve as a venture adviser while GlassBridge will provide institutional and operational support. Roc Nation was founded by rapper/entrepreneur Jay Z.
3 min read · 06 March 2017
China-based Caicloud, a provider of Kubernetes-based cluster management service and enterprise deep learning solutions, has raised $6 million in Series A funding. Matrix Partners China led the round.
1 min read · 06 March 2017
Raken, a construction app for daily reporting, has secured $2 million in funding. Rincon Venture Partners led the round with participation from Eniac Ventures and Spider Capital.
1 min read · 03 March 2017
China-focused early stage investment firm Banyan Capital has raised $350 million for its third venture fund, according to an SEC filing. Two years ago, the firm closed its second fund at $362 million.
1 min read · 03 March 2017
Menlo Park, California-based GRAIL Inc, an early cancer detection startup, has raised over $900 in the first close of its Series B financing. ARCH Venture Partners led the round with participation from other investors that included Johnson & Johnson Innovation.
1 min read · 03 March 2017
