Indianapolis-based Lessonly, a team-learning software, has expanded its leadership staff with three new hires. Joining the company are Zoe Meinecke as director of services, Megan Jarvis as director of talent and Kyle Lacy as vice president of marketing. Lessonly's backers included OpenView Venture Partners and High Alpha Capital.
2 min read · 03 March 2017
Redwood City, California-based C3 IoT, a next-generation enterprise software platform for big data, has raised an undisclosed amount of Series E financing. Breyer Capital led the round with participation from other investors that included TPG, Sutter Hill, Wildcat Venture Partners, Pat House and Thomas Siebel.
1 min read · 03 March 2017
Otsuka Pharmaceutical Co Ltd has agreed to acquire Cambridge, Massachusetts-based Neurovance, a clinical-stage pharmaceutical company focused on attention-deficit hyperactivity disorder and related disorders. According to terms of the deal, OPC subsidiary Otsuka America Inc will provide an upfront payment of $100 million at the closing, with up to $150 million in additional payments contingent on various milestones. The transaction is expected to be completed in the second quarter of 2017. Neurovance's backers include Novartis Venture Fund, Venture Investors, Tekla Capital Management, GBS Venture Partners and State of Wisconsin Investment Board.
5 min read · 03 March 2017
Booksy, a scheduling software provider for businesses, has closed its Series A funding round at $4.2 million. OpenOcean led the round.
4 min read · 03 March 2017
New York City-based HowGood, a provider of food and consumer product ratings, has secured $4.2 million in Series A funding. The investors included FirstMark Capital, Contour Venture, Serious Change LP, Great Oaks Venture, High Line Venture Partners and Humanity United.
1 min read · 02 March 2017
San Carlos, California-based Upstart, a lending platform for millennials, has raised $32.5 million in funding, according to a blog post on its site. Rakuten and an unidentified U.S. asset manager led the round. Return backers Third Point Ventures, Khosla Ventures and First Round Capital also participated in the round. In conjunction with the funding. Oskar Mielczarek de la Miel, managing partner at the Rakuten's fintech fund, has been added to Upstart's board of directors. And, Sanjay Data, former vice president of global advertising finance at Google, has been hired as chief financial officer.
1 min read · 02 March 2017
Westminster, Colorado-based Surefire Medical Inc, a developer of site-specific delivery devices for the interventional oncology market, has secured $12.8 million in Series D funding. ORI Healthcare Fund led the round.
1 min read · 02 March 2017
Santa Monica, California-based Nimble Inc, a provider of social sales and marketing CRM solutions, has raised $9 million in funding. Imagen Capital Partners led the round with participation from other investors that included Radical Investments, Google Ventures and Indicator Ventures.
1 min read · 02 March 2017
New York City-based Amper Music, an artificial intelligence music composition platform, has secured $4 million in funding. Two Sigma Ventures led the round with participation from Foundry Group, Kiwi Venture Partners, Advancit Capital and Brooklyn Bridge Ventures.
3 min read · 02 March 2017
Natick, Massachusetts-based Examity, an online proctoring company, has raised $21 million in funding. The investor was University Ventures.
1 min read · 02 March 2017
