Icon Ventures is seeking to raise $260 million for its sixth fund, according to an SEC filing. Icon Ventures was formerly known as Jafco Ventures before rebranding itself earlier this year.
1 min read · 11 December 2015
Yummly has acquired San Francisco-based The Orange Chef, a smart nutrition scale developer. No financial terms were disclosed. Also, Yummy has named Santiago Merea as its first chief revenue officer. Previously, Merea was CEO and founder of Orange Chef. Yummly is backed by Bauer Venture Partners, Physic Ventures, Unilever Corporate Ventures, First Round Capital, Harrison Metal Capital and Intel Capital. The Orange Chef's backers included Melo7 Tech Partners, Google Ventures, SparkLabs Global Ventures, Bertelsmann Digital Media Investments, Kima Ventures, The Social+Capital Partnership and Graph Ventures.
3 min read · 11 December 2015
California-based crowdfunding site GoFundMe has hired Dan Pfeiffer as vice president of communications and policy. Pfeiffer is the former senior advisor and White House communications director for President Obama. GoFundMe is backed by Accel Partners, Greylock Partners, Technology Crossover Ventures, Iconiq Capital, Stripes Group and Meritech Capital.
3 min read · 11 December 2015
Chicago-based mobile platform Belly has named Eric Lefkofsky to its board of directors. Lefkofsky is the co-founder and chairman of Groupon. Belly is backed by Andreessen Horowitz, Silicon Valley Bank, Lightbank, New Enterprise Associates, DAG Ventures, Cisco and 7-Ventures LLC.
2 min read · 11 December 2015
TransUnion has acquired Cork, Ireland-based fraud protection startup Trustev. No financial terms were disclosed. Trustev's backers included Notion Capital.
3 min read · 11 December 2015
Video delivery startup Streamroot has secured $2.5 million in seed funding. Partech Ventures led the round with participation from Walnut Venture Associates, Cherrystone Angel Group, Jean-David Blanc and the French BPI.
3 min read · 10 December 2015
Silicon Valley-based venture firm 500 Startups has raised $30 million for a fund that targets startups based in the Middle East and North Africa, reported Arabian Business.com. Named 500 Falcons, the fund will focus on making seed investments between $50,000 and $100,000 in 100 to 200 companies. The sectors of interest include e-commerce, fintech, hardware and internet of things.
1 min read · 10 December 2015
According to an SEC filing, St.Louis, Missouri and Netherlands-based EndoStim, which focuses on treating acid reflux, has withdrawn its planned IPO. The reason given was "market conditions." Its backers include Santé Ventures, Prolog Ventures and Vectis Healthcare & Life Sciences Fund.
1 min read · 10 December 2015
UK-based mobile payments startup Curve has raised $2 million in seed funding. The investors included Speedinvest, Seedcamp, London Mayor Boris Johnson, Ed Wray of Betfair and Taavet Hinrikus of TransferWise.
1 min read · 10 December 2015
New York City-based Kallyope Inc, a biotech company focused on "harnessing the potential of the gut-brain axis," has launched with $44 million in Series A funding. The company's investors include Lux Capital, Polaris Partners, The Column Group, Illumina Inc and Alexandria Venture Investments.
4 min read · 10 December 2015
