San Francisco-based SimplyInsured, a small business health insurance marketplace and administrative platform, has raised $5.9 million in Series A funding. The investors included Polaris Partners, Bessemer Venture Partners, Altair.VC and Corazon Capital. Also, Gary Swart of Polaris Venture Partners has been added to SimplyInsured's board of directors.
2 min read · 30 June 2015
Engine oil additive maker GFO Oil LLC has appointed Michael Parks as CEO. A spin-out of Colorado Research Technologies LLC, GFO is backed by venture fund Novus Via LP. Previously, Parks led maintenance operations at Kelley Amerit Fleet Solutions.
3 min read · 30 June 2015
Foundation Capital has named Sunil Rajaraman as entrepreneur-in-residence. Rajaraman is the co-founder and CEO of Unsugarcoat Media.
2 min read · 30 June 2015
Columbus, Ohio-based Prevedére, a big data predictive analytics solution provider, has raised $6.7 million in Series A funding. PointGuard Ventures led the round.
3 min read · 30 June 2015
Irvine, Californa-based medical device company Inari Medical Inc has secured $12.4 million in Series B funding. The investors included Versant Ventures and US Venture Partners.
2 min read · 30 June 2015
New York City-based Shapeways, a 3D printing service and marketplace, has raised $30 million in funding. INKEF Capital led the round with participation from Hewlett Packard Ventures, Presidio Ventures, Andreessen Horowitz, Union Square Ventures, Index Ventures and Lux Capital. In conjunction with the funding, Robert Jan Galema of INKEF Capital has been named to the Shapeways board.
3 min read · 30 June 2015
Cyber security firm Venafi has secured $39 million in funding. QuestMark Partners led the round with participation from other investors that included Intel Capital and Silver Lake Waterman.
5 min read · 30 June 2015
Early-stage life sciences company Cardax has secured $500,000 in funding. The investors were not named.
2 min read · 30 June 2015
Redwood City, California-based ThreatStream, a cyber security threat intelligence platform provider, has named Nancy Bush as chief financial officer. Previously, Bush worked at Adaptive Insights where she served as vice president of finance. ThreatStream’s backers include General Catalyst Partners, Institutional Venture Partners, Google Ventures and Paladin Capital Group.
2 min read · 30 June 2015
Benhamou Global Ventures raised $72 million for its second fund. BGV II focuses on making seed and early-stage investments in several enterprise IT sectors that include cyber security, cloud-based services and applications, web scale infrastructure and business analytics.
3 min read · 30 June 2015
