New York City-based mattress maker Casper has raised $55 million in Series B funding. Institutional Venture Partners led the round with participation from other investors that included Leonardo DiCaprio, Tobey Maguire, Adam Levine, Scooter Braun, Pritzker Group Venture Capital, New Enterprise Associates, Lerer Hippeau Ventures and Norwest Venture Partners. In conjunction with the funding, Dennis Phelps of IVP has been named a board observer.
3 min read · 23 June 2015
The Dollar Shave Club has raised $75 million in Series D funding, according to the company. The investors in this round include Technology Crossover Ventures, Dragoneer, Comcast Ventures and Forerunner Ventures. The capital infusion will be used for growth and expansion. Based in Venice, California, the Dollar Shave Club is a provider of razors and other personal grooming products.
1 min read · 22 June 2015
On-demand same-day delivery logistics provider Dropoff has raised $7 million in Series A funding. Greycroft Partners led the round with participation from other investors that included Correlation Ventures, Texas Atlantic Capital and Wild Basin Investments.
3 min read · 22 June 2015
German flight booking software provider eWings.com has raised 1.1 million euros in funding. High-Tech Gründerfonds led the round with participation from other investors that included FSF Beteiligungs GmbH and Kima Ventures.
2 min read · 22 June 2015
Irving, Texas-based OneSource Virtual, a Business Process as a Service provider, has raised $150 million in funding. The investors were Technology Crossover Ventures and Halyard Capital. William Blair & Company LLC served as the advisor on the transaction.
3 min read · 22 June 2015
Tech in Asia, an online platform for Asia startups, has secured $4 million in funding. The investors included SB ISAT Fund, Eduardo Saverin, co-founder of Facebook, Walden International, Marvelstone, m&s Partners, East Ventures, Fenox Venture Capital and Simile Venture Partners.
2 min read · 22 June 2015
Irrigation software service provider CropX has closed $9 million in Series A funding. Finistere Ventures, Innovation Endeavors and GreenSoil Investments led the round with participation from OurCrowd.
4 min read · 22 June 2015
Artificial intelligence company DigitalGenius Ltd has raised $3 million in funding. Metamorphic Ventures led the round with participation from other investors that included Lerer-Hippeau Ventures, Lowercase Capital, RRE Ventures and Lumia Capital.
2 min read · 22 June 2015
Malwarebytes has acquired cyber security program Junkware Removal Tool. No financial terms were disclosed. Malwarebytes' backers include Highland Capital Partners.
3 min read · 22 June 2015
Seventure Partners has added Danilo Casadei Massari and Dr. Thomas Werner to its health for life capital fund investment committee. Massari was a founder and president of CM&D Pharma Ltd, which was sold to Nestle Health Science while Werner is a former managing director at Glaxo SmithKline Germany.
3 min read · 22 June 2015