Silicon Valley-based venture firm Foundation Capital has collected $325 million for its eighth fund, according to a report in Tech Crunch. Foundation Capital VIII launched this past June. The fund will focus on various sectors that include consumer, information technology and financial technology. Initial average investments will be between $1 million and $10 million.
1 min read · 14 December 2015
Edumedics, a provider of care management solutions for people who have or are developing diabetes and other chronic conditions, has raised $4.2 million in Series A funding. Lunsford Capital LLC led the round with participation from other investors that included OCA Ventures, Enterprise Angels Fund, University of Louisville Foundation and Commonwealth Seed Capital Fund. In addition to the funding, Lunsford Capital Chairman/CEO Bruce Lunsford and Mike Stigler, director of Blue & Co LLC have been added to Edumedics' board of directors. Also, Edumedics has named Bob Saunders, a general partner at OCA Ventures, as a board observer.
3 min read · 14 December 2015
Arlington, Virginia-based LookingGlass Cyber Solutions, a cyber security solutions provider, has raised $50 million in Series C funding. NewSpring Capital led the round. Also, LookingGlass has acquired Cyveillance, a cyber security company. No financial terms were disclosed.
3 min read · 14 December 2015
Cambridge, Massachusetts-based X4 Pharmaceuticals, a developer of treatments focused on improving immune cell trafficking and increasing the ability for T-Cells to track and destroy cancer cells, has secured $37.5 million in Series A funding. Cormorant Asset Management led the round. Maxim Merchant Capital was the placement agent.
4 min read · 14 December 2015
Israel-based Cloudyn, a provider of multi-cloud monitoring and optimization solutions, has raised $11 million in Series B funding. Carmel Ventures led the round with participation from return backers Titanium Investments and RDSeed. In addition to the funding, Cloudyn has named Ronen Nir, a general partner at Carmel, to its board of directors.
3 min read · 14 December 2015
Seventure Partners has raised 160 million euros (about $176 million) for its microbiome-focused Health for Life Capital fund. Novartis Pharma AG recently joined the fund's investor base. Health for Life Capital's other backers include Danone, Tereos, Lesaffre, Bel, Tornier and the Danish Technology Institute. Since launching in December 2013, the fund has made undisclosed investments in a number of companies that include Enterome, LNC, Maat pharma, Eligo bioscience, Targedys and Micropharma.
4 min read · 14 December 2015
UK-based RealityMine, a provider of mobile market research technologies and consumer analytics, has secured $17.25 million in funding. Kennet Partners led the round with participation from other investors that included GP Bullhound and GMCA. GP Bullhound also advised RealityMine on the transaction.
4 min read · 14 December 2015
Hackensack, New Jersey-based visual communications company Vidyo Inc has raised $15 million in funding. The investors included Kaiser Permanente Ventures, Menlo Ventures, Rho Ventures, Sevin Rosen Funds and QuestMark Partners.
3 min read · 14 December 2015
Burlingame, California-based EdSurge, an educational tech company, has secured $2.8 million in funding. The investors included Catamount Ventures, GSV Capital, Reach Capital, LearnCapital, Women's Venture Capital Fund, 1776.vc and the Omidyar Network.
2 min read · 14 December 2015
Newly launched venture firm Presence Capital has launched an inaugural fund of $10 million focused on virtual reality and augmented reality startups. So far the San Francisco-based firm has made several undisclosed investments from the fund in companies that include Harmonix, maker of the interactive game "Rock Band" and virtual reality company Baobab.
3 min read · 11 December 2015
