Finnish venture firm Open Ocean has raised 100 million euros for its latest fund that will focus on backing European software companies. The fund's investors include European Investment Fund and Finnish Industry Investment. In addition to the fund, Open Ocean is opening an office in London that will be led by Richard Muirhead, who is joining the firm as a general partner.
3 min read · 11 November 2015
Perfecto Mobile, a provider of high-quality digital and mobile experiences for businesses, has secured $35 million in funding. The investors were Technology Crossover Ventures, FTV Capital, Carmel Ventures, Globespan Capital Partners and Vertex Ventures. The capital will be used for product expansion.
3 min read · 11 November 2015
Santa Monica, California-based TigerText, a provider of secure communications and workflow platform for the enterprise, has raised $50 million in Series C funding. Norwest Venture Partners led the round with participation from Invus Group, Accolade Partners, Shasta Ventures, OrbiMed and Reed Elsevier. In addition to the funding, Dr. Robert Mittendorff, a principal at Norwest Venture Partners, has been added to TigerText's board of directors.
5 min read · 11 November 2015
Equity crowdfunding platform CircleUp has secured $30 million in Series C funding. Collaborative Fund led the round with participation from Capital One co-founder Nigel Morris, and former CEOs and presidents of Goldman Sachs, Thomson Reuters and the Stanford Endowment. CircleUp's other backers include Union Square Ventures, Canaan Partners, Maveron and Rose Park Advisors. According to the company, the capital infusion will be used for product development and personnel hiring.
3 min read · 11 November 2015
San Diego-based Amplyx Pharmaceuticals, which is developing antifungal agents that treat life-threatening fungal infections, has raised $40.5 million in Series B funding. RiverVest Venture Partners led the round with participation from other investors that included New Enterprise Associates and BioMed Ventures. In conjunction with the funding, Dr. Niall O'Donnell, managing director at RiverVest Venture Partners and Ed Mathers, a partner at New Enterprise Associates, were added to Amplyx's board of directors.
4 min read · 11 November 2015
VideoAmp, a screen optimization platform for the TV and video ecosystem, has raised $15 million in Series A funding. RTL Group led the round with participation from other investors that included Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners, ZenShin Capital and Startup Capital Ventures.
4 min read · 11 November 2015
Swrve, a mobile marketing automation business, has raised $30 million in funding. Evolution Media Partners and the Ireland Strategic Investment Fund led the round with participation from other investors that included Acero Capital and Atlantic Bridge. In addition to the funding, Swrve has acquired Adaptiv.io, a mobile-focused data automation platform. No financial terms were disclosed.
4 min read · 11 November 2015
Browser extension developer Shop.Co has raised $2 million in seed funding. The investors include Seed Capital Dortmund, Tripos and a consortium of partners and senior advisors that work at Boston Consulting Group.
4 min read · 11 November 2015
Azooki, a travel site focused on South East Asia, has secured 250,000 pounds in seed funding. The investors were unnamed.
2 min read · 11 November 2015
Indonesia-based Tripvisto, an online tour and activity package provider, has closed $1 million in Series A funding. Gobi Partners led the round.
4 min read · 11 November 2015
