Stockholm and Palo Alto, California-based Automile, a platform that connects vehicle drivers and fleet managers with vehicle data, has raised $6.2 million in funding. Jason Lemkin and his new SaaStr Fund led the round with participation from other investors that included Dawn Capital and Christoph Janz. In addition to the funding, Lemkin will be added to Automile's board.
3 min read · 25 July 2016
Workday is planning on acquiring San Mateo, California-based Platfora, a big data discovery platform, the former announced in a blog post on its site. No financial terms were disclosed. Platfora's backers included HSBC, Harmony Partners, Allegis Capital, Andreessen Horowitz, Battery Ventures, Citi Ventures, Cisco, Sutter Hill Ventures and Tenaya Capital.
1 min read · 25 July 2016
Quikr has acquired Hiree, an online hiring platform focused on white collar jobs. No financial terms were disclosed. Quikr's investors include Tiger Global Management, Kinnevik, Warburg Pincus, Matrix Partners India, Norwest Venture Partners while Hiree was backed by IDG Ventures.
3 min read · 25 July 2016
Teradata has acquired UK-based Big Data Partnership, a provider of big data solutions and training. No financial terms were disclosed. Big Data Partnership was backed by Beringea.
5 min read · 25 July 2016
Gaithersburg, Maryland-based Vtesse, a developer of drugs for patients suffering from "underserved" diseases, has raised $17 million in Series A funding. The investors included Alexandria Venture Investments, Bay City Capital LLC, Lundbeckfond Ventures, New Enterprise Associates and Pfizer Venture Investments.
1 min read · 25 July 2016
Seattle-based Just Biotherapeutics, which is focused on expanding global access to protein therapeutics, has secured $14 million in Series A2 financing. The Bill & Melinda Gates Foundation led the round with participation from return backers Merck, Lilly Asia Ventures and ARCH Venture Partners.
1 min read · 25 July 2016
South San Francisco-based Tricida, a biopharmaceutical company focused on chronic kidney disease, has raised $55 million in Series C funding. Longitude Capital led the round with participation from Vivo Capital, OrbiMed, Sibling Capital Ventures and Limulus Venture Partners. In conjunction with the funding, Dr. David Hirsch, a managing director at Longitude, has been added to Tricida's board.
1 min read · 25 July 2016
Switzerland and UK-based Kandou Bus S.A., a developer of chord signaling, has closed $15 million in funding. The investor is Bessemer Venture Partners.
1 min read · 25 July 2016
Artificial intelligence startup B12 has secured $12.4 million in Series A funding. The investors included General Catalyst Partners, Breyer Capital, Founder Collective and SV Angel.
5 min read · 25 July 2016
Revel Partners has raised over $20 million for its second venture fund, according to an SEC filing. The target is $50 million.
1 min read · 22 July 2016
