Iris Dorbian

Caffeinated Capital collects $17 mln for $75 mln-targeted fund

San Francisco-based venture firm Caffeinated Capital has raised $17 million for its latest fund, according to an SEC filing. The target is $75 million.

Information Venture Partners closes second fund at $106 mln

Toronto-based early-stage venture firm Information Venture Partners has raised $106 million for its second fund, beating its initial $100 million target. The limited partners of Information Venture Partners included Manulife Financial Corp. The firm invests in financial tech and enterprise software companies.

Findo grabs $7 mln

Menlo Park, California-based Findo, a smart search assistant, has secured $7 million in funding. The investors in this round included ABBYY, Flint Capital and Foxit.

Horizons Ventures leads $7.5 mln Series A round for Soul Machines

New Zealand-based Soul Machines, a developer of avatars, has secured $7.5 million in Series A financing. Horizons Ventures led the round with Iconiq Capital.

Edison Partners leads Series A round for ItemMaster

Chicago-based ItemMaster LLC, a content provider for major brands both online and in-store, has raised $7.5 million in Series A funding. Edison Partners led the round with participation from Chicago Ventures. In addition to the funding, David Nevas, a principal at Edison Partners, has been added to ItemMaster's board of directors.

Gay social network Hornet rallies $8 mln Series A

Hornet, a gay social network, has secured $8 million in Series A funding. Ventech China led the round. In conjunction with the funding, Eric Huet, a managing partner at Ventech, has been added to Hornet's board of directors.

VC-backed Scholar Rock hires chief scientific officer and beefs up board

Cambridge, Massachusetts-based biotech company Scholar Rock has named Alan J. Buckler as chief scientific officer and appointed Dr. Jeffrey S. Flier to its board of directors and scientific advisory board. Scholar Rock's backers include Polaris Partners, ARCH Venture Partners, Fidelity Investments, EcoR1 Capital and Cormorant Asset Management.

Recursion Pharmaceuticals snags $2.15 mln

Salt Lake City-based Recursion Pharmaceuticals, a drug discovery company, has raised an additional $2.15 million in funding. The investors in this round included Felicis Ventures.

Cisco Investments backs customer support app Helpshift

Cisco Investments has joined the Series B funding round for customer support app Helpshift. No financial terms were disclosed. Helpshift's previous backers include Intel Capital, Microsoft Ventures and Salesforce Ventures.

Network switching chip startup Barefoot Networks fetches $23 mln

Network switching chip startup Barefoot Networks has raised $23 million in additional Series C funding. Alibaba and Tencent led the round. This capital infusion brings the company's total Series C round to $80 million.