Plymouth, Minnesota-based Rotation Medical Inc, a developer of new technologies that treat rotator cuff disease, has closed $12 million in funding. The investors were New Enterprise Associates, Life Sciences Partners and Pappas Ventures.
2 min read · 16 August 2016
Oculis, a developer of ophthalmic drugs, has raised an undisclosed amount of Series A funding. Brunnur Ventures and Silfurberg were the lead investors. In conjunction with the funding, Árni Blöndal of Brunnur Ventures and Stefan Jökull Sveinsson, former global R&D head at Actavis, have been added to the Oculis board.
1 min read · 16 August 2016
Salt Lake City-based education tech company Degreed has raised $25 million in Series B funding. The investors are GSV Acceleration, Jump Capital, Signal Peak Ventures and Rethink Education.
1 min read · 16 August 2016
Austin, Texas-based Lifesize, a provider of audio, web and video conferencing technology, has named Bill Paape as chief financial officer. Paape was Lifesize's first CFO in 2003. He is rejoining Lifesize after working as CFO at Santé Ventures, a healthcare and life science venture firm.
2 min read · 16 August 2016
St. Louis, Missouri and Brisbane, California-based Tioma Therapeutics Inc, which develops anti-CD47 antibodies that treat solid and hematologic cancers, has secured $86 million in Series A financing. RiverVest Venture Partners, Novo Ventures, Roche Venture Fund and GlaxoSmithKline's corporate venture capital arm S.R. One Limited led the round. In addition to the financing, Dr. John McKearn of RiverVest Venture Partners, Dr. Peter Moldt of Novo Ventures, Carole Nuechterlein of Roche Venture Fund and Jill Carroll of S.R. One have been appointed to Tioma's board of directors, with McKearn serving as chair.
1 min read · 16 August 2016
Industry Ventures LLC has named Nate Leung as vice president, Justine Huang as associate and Christopher Hipple as an accounting manager. Leung's work experiences includes a stint as an investment analyst at Bain Capital Ventures while Huang previously worked at Goldman Sachs where she was an equity research analyst. And Hipple was a former fund controller for Standish Management.
3 min read · 16 August 2016
Palo Alto, California-based Rubrik, a provider of converged data management solutions, has raised $61 million in Series C funding. Khosla Ventures led the round with participation from other investors that included Lightspeed Venture Partners and Greylock Partners.
3 min read · 16 August 2016
Skypoint Ventures LLC has hired David Ollila as vice president of innovation. He is the founding director of Invent@NMU, a program at Northern Michigan University, where he helped many inventors launch their products from idea to market.
2 min read · 15 August 2016
Austin, Texas-based FloSports, a sports media company, has raised $21.2 million in funding. DCM Ventures and Bertelsmann Digital Media Investments led the round with participation from World Wrestling Entertainment, Discovery Communications and return backer Causeway Media Partners.
1 min read · 15 August 2016
Berlin-based Outfittery, a men's fashion ecommerce site, has secured $22 million in funding. The investors were Octopus Ventures, the U-Start Club, Northzone Capital, Highland Europe, Holtzbrinck Ventures and Mangrove Capital Partners.
4 min read · 15 August 2016
