Canaan Partners has promoted Brendan Dickinson to partner and Michael Gilroy to principal, according to a blog post. Both Dickinson and Gilroy work in the firm's tech practice and are based in the New York office. And, in a separate blog post, the firm has been making changes in its healthcare practice as well by promoting Julie Papanek to partner and Colleen Cuffaro to principal. Papanek is based in Menlo Park and San Francisco, California while Cuffaro is in Westport, Connecticut.
1 min read · 30 September 2016
Payzer, a financial tool for specialty trade contractors, has raised $4.25 million in Series B funding. The investors were Route 66 Ventures, Grotech Ventures and IDEA Fund Partners.
1 min read · 30 September 2016
IFC, a member of the World Bank Group and Silicon Valley Bank have provided $38 million in financing to Remitly. Based in Seattle, Remitly is a mobile remittance company.
3 min read · 30 September 2016
Emergence Capital has promoted Joe Floyd to partner and Jake Saper to principal. Plus, the venture firm has hired Kara Egan as a senior associate.
3 min read · 30 September 2016
Salt Lake City, Utah-based Simplus, a provider of quote-to-cash solutions, has secured more than $7 million in Series A funding. Epic Ventures led the round with participation from other investors that included Salesforce Ventures. Also, Simplus has acquired BaldPeak Consulting, which provides quote-to-cash services. No financial terms were disclosed.
3 min read · 30 September 2016
Milpitas, California-based Simpplr, an employee success company, has secured $6 million in Series A funding. Norwest Venture Partners led the round with participation from Salesforce Ventures. Concurrent with the funding, Promod Haque, a senior managing partner at Norwest, has been added to Simpplr's board of directors.
1 min read · 29 September 2016
UK-based social shopping platform Depop has raised $8.25 million in funding. Balderton Capital, Holtzbrinck Ventures, Creandum, Red Circle Investments and Lumar led the round.
3 min read · 29 September 2016
Shape Security, a provider of advance security technology for web and mobile applications, has raised $40 million in Series D funding. The investors included EDBI, Baseline Ventures, Kleiner Perkins Caufield & Byers, NVP, Venrock, Google Ventures, Eric Schmidt and Northern Light Ventures.
3 min read · 29 September 2016
Tabula Rasa Healthcare Inc, a provider of patient-specific medication management technology, has debuted its IPO after pricing its 4.3 million shares at $12 per share. The stock began trading September 29, 2016 on the NASDAQunder the ticker symbol "TRHC." Wells Fargo Securities and UBS Investment Bank are the lead underwriters. Tabula Rasa's backers included Originate Ventures, Radius Ventures and Emerald Stage2 Ventures.
2 min read · 29 September 2016
Boston-based ReadCoor Inc, a panomic spatial sequencing platform provider, has closed $23 million in Series A funding. Decheng Capital led the round with participation from Lilly Asia Ventures, Vivo Capital and Hansjörg Wyss. In conjunction with the funding, Victor Tong, a partner at Decheng Capital and Yuh-geng Tsay, a partner at Vivo Capital, have been appointed to ReadCoor's board of directors.
1 min read · 29 September 2016
