Iris Dorbian

Canaan Partners leads $6 mln round for Ambra Health

DICOM Grid, a medical data and image management company, has rebranded itself as Ambra Health and raised $6 million in funding. Canaan Partners led the round.

Relay Therapeutics rakes in $57 mln Series A

Cambridge, Massachusetts-based Relay Therapeutics, a newly launched company focused on "building the first dedicated drug discovery pipeline centered on protein motion," has raised $57 million in Series A financing. The investors are Third Rock Ventures and D. E. Shaw Research LLC.

Avalon Ventures collects over $116 mln for 11th fund

Avalon Ventures has raised over $116 million for its 11th fund, according to an SEC filing. The target is $300 million. Based in La Jolla, California and Cambridge, Massachusetts, Avalon focuses mostly on early-stage life science and tech companies.

BrightVolt snags $5 mln Series B

Redmond, Washington-based BrightVolt Inc, a maker of ultra-thin film, flexible batteries, has secured $5 million in Series B funding. New Science Ventures is leading the round.

Delinia grabs $35 mln Series A

Cambridge, Massachusetts-based Delinia, which is developing new treatments for autoimmune diseases, has raised $35 million in Series A funding. Sofinnova Partners and Atlas Venture led the round.

Packet nabs $9.4 mln Series A

New York City-based Packet, a bare metal cloud for developers, has raised $9.4 million in Series A funding. SoftBank Corp led the round. DH Capital advised Packet on the transaction.

Applause scores $35 mln Series F

Boston-based digital testing company Applause has secured $35 million in Series F funding. Credit Suisse led the round with participation from other investors that included Goldman Sachs, QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, Mesco Ltd and MassVentures.

BrainVectis ropes in $1.1 mln

Paris-based BrainVectis, which is focused on treating Alzheimer's and Huntington diseases, has raised $1.1 million. The investors were not named.

Workspace provider Industrious snaps up $37 mln Series B

New York-based Industrious, a workspace provider, has raised $37 million in Series B funding. Riverwood Capital led the round.

Unravel Data fetches over $7 mln

Menlo Park, California-based Unravel Data, a big data-focused performance intelligence platform, has raised more than $7 million in Series A funding. Menlo Ventures led the round with participation from Data Elite Ventures. In addition to the funding, Venky Ganesan, a managing director at Menlo Ventures, has been added to Unravel's board of directors.