San Francisco-based Leanplum, a mobile marketing platform, has raised $29 million in Series C funding. Canaan Partners led the round with participation from return backers Kleiner Perkins Caufield & Byers and Shasta Ventures. In conjunction with the funding. Joydeep Bhattacharyya, who recently joined Canaan Partners, has been added to Leanplum's board of directors.
5 min read · 18 October 2016
New York-based CloudLex Inc, a legal cloud solutions provider, has raised $3.7 million in Series A funding. Aligned Partners led the round.
1 min read · 17 October 2016
Veritas Genetics, an accessible genetic testing provider, has secured $30 million in Series B funding. Trustbridge Partners led the round with participation from Lilly Asia Ventures and Jiangsu Simcere Pharmaceutical.
1 min read · 17 October 2016
Canadian venture firm Quark Venture Inc has teamed up with China-based investment bank GF Securities Company Limited to launch a $500 million venture fund. Based in Vancouver, British Columbia, the fund will focus on global biotech and health sciences companies.
3 min read · 17 October 2016
Sinovation Ventures has raised over $302 million for its third fund, according to an SEC filing. The San Francisco-based early-stage venture firm focuses on Chinese and U.S. tech startups.
1 min read · 17 October 2016
Cisco has acquired San Francisco-based Worklife, which provides software to improve meetings, the former announced in a blog post on its site. No financial terms were disclosed. Worklife's backers included Flight Ventures, Ludlow Ventures, FundersClub and Marc Bell Ventures, according to Crunchbase data.
1 min read · 17 October 2016
Quantenna Communications Inc, a Wi-Fi solutions provider, has priced 6.7 million shares of its IPO between $14 and $16 per share. The company will list its stock on the NASDAQ under the ticker symbol "QTNA." Morgan Stanley is serving as the lead underwriter. Quantenna's backers include Sequoia Capital, Venrock, Sigma Partners, Southern Cross Venture Partners, DAG Ventures and Centerview Capital Technology.
2 min read · 17 October 2016
Seattle-based business texting provider Zipwhip has raised $9 million in Series B funding. Voyager Capital led the round with participation from Microsoft Ventures, GCI and Inteliquent.
1 min read · 17 October 2016
Rocana, a provider of IT operations analytics software, has named Angela Yochem to its board of directors. Yochem is chief information officer and senior vice president of information technology at Rent-A-Center. Rocana's backers include GV, General Catalyst Partners and Toba Capital.
3 min read · 17 October 2016
Larkspur, California-based Returnly, a financial tech platform that turns product returns into repurchases for online retailers and marketplaces, has raised $3.25 million in seed funding. Returnly's investors include Index Ventures, SV Angel, FJ Labs and Mundiventures. In conjunction with the funding, Ariel Poler has been added to Returnly's board of directors.
3 min read · 14 October 2016