Cambridge, Massachusetts-based Surface Oncology Inc, a developer of next-generation cancer immunotherapies, has named Dr. Vito J. Palombella as chief scientific officer. Previously, Palombella worked at Infinity Pharmaceuticals where he served as executive vice president and chief scientific officer. Surface's backers include Atlas Venture, Lilly Ventures and New Enterprise Associates.
3 min read · 28 January 2016
Student loan marketplace lender College Ave Student Loans has raised $20 million in funding. The investors included Comcast Ventures, Fenway Summer Ventures and DW Partners. In conjunction with the funding, Dave Zilberman, a managing director at Comcast Ventures, has been added to College Ave’s board.
2 min read · 28 January 2016
Gridstore, a provider of hyper-converged all flash infrastructure, has secured $19 million in funding. Atlantic Bridge Capital led the round with participation from previous backers Acero Capital, GGV Capital and ONSET Ventures. In addition to the funding, Kevin Dillon, a general partner at Atlantic Bridge, has been added to Gridstore's board of directors.
4 min read · 27 January 2016
Rakuten Ventures has raised about $84 million for its new fund that targets Japanese startups. Managing Partner SaeMin Ahn and investment manager Hogil Doh will run the Singapore-based fund.
2 min read · 27 January 2016
Digital health company Neurotrack has secured $6.5 million in funding. Khosla Ventures led the round with participation from Social Capital, Founders Fund, AME Cloud Ventures and iSeed Ventures.
4 min read · 27 January 2016
Goodbox has acquired India-based SmartPocket, a mobile wallet that lets users digitize their plastic cards. No financial terms were disclosed. Goodbox is backed by Nexus Venture Partners.
2 min read · 27 January 2016
Charlotte, North Carolina-based ProctorFree, a provider of automated exam proctoring for students taking online tests, has secured an undisclosed amount of funding. Real Ventures led the round with participation from other investors that included Task Force X Capital. In addition to the funding, Mark McDowell of Real Ventures has been added to ProctorFree's board of directors.
2 min read · 27 January 2016
Tarveda Therapeutics (formerly known as Blend Therapeutics) has raised $38 million in Series C funding. Novo A/S and return backer New Enterprise Associates led the round. The other investors included Flagship Ventures, NanoDimension and Eminent Venture Capital. In conjunction with the financing, Nilesh Kumar of Novo Ventures (US) Inc. and Dr. Frank Torti of NEA have been added to Tarveda’s board of directors while Drew Fromkin has been appointed interim board chairman.Watertown, Massachusetts-based Tarveda is a biopharmaceutical company focused on treating patients with solid tumor cancers.
4 min read · 27 January 2016
San Francisco-based Zipdragon Ventures, a new investment firm that will provide seed financing to industry cloud startups, has launched. Sheeraz Daniel Haji, a senior advisor for ENGIE and a venture partner at Rembrandt Venture Partners, founded the firm.
2 min read · 27 January 2016
White Ops, a provider of online fraud detection solutions for digital advertising, has hired Barry Chubrik as chief financial officer. Previously, Chubrik worked at Get Satisfaction where he served as chief financial officer. White Ops is backed by Paladin Capital Group and Grotech Ventures.
2 min read · 27 January 2016
