Iris Dorbian

Movile rakes in $40 mln

Latin American mobile commerce platform Movile has secured $40 million in Series F funding. Naspers Ventures led the round with participation from Innova Capital.

Verodin fetches $10 mln Series A

Reston Virginia-based Verodin, a provider of cybsersecurity solutions, has raised $10 million in Series A funding. The investors were Blackstone, Rally Ventures, Crosslink Capital and Cisco Investments.

Partech raises about $442 mln for inaugural growth fund

Partech Ventures has closed its debut growth fund at 400 million euros (about $442 million). Partech Growth's limited partners included European insurance companies and institutional investors. The fund will invest between 10 million and 50 million euros in fast-growing tech and digital companies.

Modern Meadow racks up $40 mln Series B

New York City-based Modern Meadow, a biofabrication company that grows animal-free leather made from living cells, has secured $40 million in Series B financing. Horizons Ventures and Iconiq Capital led the round with participation from other investors that included ARTIS Ventures, Temasek, Breakout Ventures, Red Swan Ventures, Collaborative Fund and Tony Fadell.

Lightspeed China Partners wraps up third fund at $260 mln

Lightspeed China Partners has closed its oversubscribed third fund at $260 million. Also, LCP has raised a "substantial" amount for its first RMB fund that has a target of 500 million RMB (about $75 million). LCP focuses on China-based early stage companies in sectors that include internet, mobile and enterprise technology.

Cisco to buy VC-backed CloudLock for $293 mln

Cisco has agreed to acquire Waltham, Massachusetts-based CloudLock Inc, a cloud security company, for $293 million. The transaction is expected to be completed in the first quarter of fiscal year 2017. CloudLock was backed by Ascent Venture Partners.

Crowded.com pulls in $3.3 mln

Crowded.com, a network where hourly and on-demand workers get verified, has raised $3.3 million in seed funding. Tokalon Ventures led the round with participation from other backers that included ARC Angel Fund, EarlyStage.nyc Fund and Gambit Ventures.

Triton backs Abreo Biosciences

Healthcare company Abreo Biosciences has secured an undisclosed amount of seed funding. The investor was Triton Technology Fund.

Intensity Therapeutics scores $10 mln

Intensity Therapeutics Inc, a developer of cancer immunotherapy products, has raised $10 million in financing. The investors included Batterson Venture Capital, VCapital, FastForward Innovations and SalvaRx Group PLC.

Clipchamp nets $1.1 mln seed

Australia-based Clipchamp, a user-generated video platform, has secured $1.1 million in seed funding. The investors were not named. The capital infusion will be used for product development and expansion.