Battery Ventures has made an undisclosed investment in Clubessential LLC. In addition to the funding, Morad Elhafed, a partner at Battery Ventures, has been added to Clubessential's board. Based in Cincinnati, Clubessential is a provider of web-based software for golf, city, yacht and other private clubs.
3 min read · 21 July 2016
Switzerland-based BestMile, a fleet management platform provider, has raised $2.5 million in seed funding. The investors included Perot Jain LP and Forticap SA.
1 min read · 21 July 2016
Lexington, Massachusetts-based N-of-One, a precision medicine oncology decision support company, has raised $7 million in Series B financing. The investors were Providence Ventures and Excel Venture Management.
3 min read · 21 July 2016
Stardog, an enterprise data unification platform, has secured $2.3 million in seed funding. Core Capital and Boulder Ventures led the round. In conjunction with the funding, Evan MacQueen of Core Capital and Jonathan Perl of Boulder Ventures have been added to Stardog's board of directors.
1 min read · 20 July 2016
Customer feedback platform ReviewTrackers has raised $4 million in funding. American Family Ventures led the round.
1 min read · 20 July 2016
European fintech company Deposit Solutions GmbH has raised 15 million euros (about $16.5 million) in funding. The investors included PayPal co-founder Peter Thiel, Greycroft Partners and Valar Ventures.
1 min read · 20 July 2016
San Francisco-based Audentes Therapeutics, a developer of gene therapy products for patients with serious, life-threatening rare diseases, has raised $75 million for its IPO after pricing its 5 million shares at $15 per share. The stock began trading July 20, 2016 on the NASDAQ under the ticker symbol "BOLD." BofA Merrill Lynch, Cowen and Company and Piper Jaffray are serving as the lead underwriters. Audentes' backers included Deerfield Management, Sofinnova Ventures, Venrock, OrbiMed, 5AM Ventures and Versant Ventures.
2 min read · 20 July 2016
Eniac Ventures led a $2.2 million seed funding round for Trim, a personal finance chatbot. Other investors that participated in the round were Version One Ventures, Core Innovation Capital and Sound Ventures.
1 min read · 20 July 2016
Although corporate venture firms invested over $1.2 billion in nearly 200 deals in the second quarter of 2016, there was still a slowdown in overall VC activity for this period. This is one of several findings made by a just released report by PricewaterhouseCoopers and the National Venture Capital Association based on Thomson Reuters data. The report also revealed that over 20 percent of all venture deals for this period had corporate venture involvement, making it the sixth straight quarter to do so. However, for the same timeline, there was still a 17 percent drop in the number of deals with corporate venture components. And, of all the sectors, software continues to be the most popular, nabbing over $415 million in 93 deals, which represents 33.6 percent of corporate venture money invested and about 47 percent of deals. Biotech came in second, snagging $407 million in 25 deals, comprising 33 percent of corporate venture dollars deployed and 12.6 percent of deals.
4 min read · 20 July 2016
Brandcast, a website platform provider for top brands, has raised $13.9 million in Series A funding. Shasta Ventures led the round with participation from Marc Benioff and Correlation Ventures.
1 min read · 20 July 2016
