St. Paul, Minnesota-based Torax Medical Inc, a maker of products that treat sphincter disorders, has closed $25 million in Series E financing. Johnson & Johnson Innovation – JJDC Inc led the round with participation from other investors that included Sanderling Ventures, Thomas McNerney & Partners, Accuitive Medical Ventures, Kaiser Permanente Ventures, Piper Jaffray Companies and Mayo Clinic Ventures. In addition to the funding, Torax has hired Chas McKhann as chief commercial officer. Previously, McKhann worked at Intersect ENT where he served as chief commercial officer.
1 min read · 04 August 2016
Alcohol delivery app Drizly has raised $15 million in Series B funding. Polaris Partners led the round.
2 min read · 04 August 2016
San Francisco-based Kentik Technologies, a provider of network traffic and performance visibility solutions, has secured $23 million in Series B funding. Third Point Ventures led the round with participation from August Capital, Data Collective, First Round Capital, Engineering Capital, Glynn Capital and David Ulevitch.
4 min read · 04 August 2016
San Francisco-based Homebase, a provider of scheduling and time-tracking tools for businesses, has raised $6 million in Series A funding. Khosla Ventures led the round with participation from previous backers Baseline Ventures and Cowboy Ventures. In conjunction with the funding, Keith Rabois of Khosla Ventures has been added to Homebase's board.
3 min read · 04 August 2016
Palo Alto, California-based Huuuge Inc, a developer of social casino games, has closed $4.6 million in Series B funding. Woori Technology Investment led the round with participation from Seoul Investment Partners and Kiwoom Investment.
3 min read · 04 August 2016
New York City-based Birchbox, an online makeup subscription service, has raised $15 million in funding, confirmed a company spokesperson. The investors in this round were not named. The company's previous backers include Accel, Viking Global Investors and First Round, according to CrunchBase.
1 min read · 03 August 2016
Tel Aviv and San Francisco-based Panoply.io, a complex infrastructure startup, has secured $7 million in Series A funding. Intel Capital led the round with participation from previous backer Blumberg Capital.
3 min read · 03 August 2016
Binary Capital has closed its latest fund at $175 million, reported TechCrunch. The San Francisco-based consumer tech-focused venture firm raised $125 million for its debut fund in 2014.
1 min read · 03 August 2016
Techstars Austin 2016 has raised $1.71 million for its fund, according to an SEC filing. The target is $3.22 million.
1 min read · 03 August 2016
Israeli medical tech company Ornim Inc has secured $20 million in Series C funding. LongTec HongTao China Ventures LP led the round with participation from other investors that included OrbiMed and GE Ventures. JMP Securities LLC was the placement agent.
1 min read · 03 August 2016
