San Francisco-based Twist Bioscience, a producer of synthetic DNA, has closed $37 million in Series C funding. Illumina Inc led the round with participation from other investors that included Fidelity Management and Research Company, Foresite Capital Management LLC, Tao Invest, ARCH Venture Partners and Paladin Capital Group. In addition to the funding, Dr. Nicholas J. Naclerio, Illumina's senior vice president of corporate development and general manager of enterprise informatics, has been added to Twist Bioscience board of directors.
3 min read · 10 June 2015
Cambridge, Massachusetts-based RapidMiner, a predictive analytics platform provider, has named Peter Y. Lee as president and CEO. Lee was the former executive vice president of TIBCO. RapidMiner's backers include Ascent Venture Partners, Longworth Venture Partners, Earlybird Venture Capital and Open Ocean Capital.
3 min read · 10 June 2015
San Francisco-based Bright Funds, a platform provider for employee-empowered workplace giving programs, has raised $1.75 million in funding. Aspiration Growth led the round with participation from other investors that included Bloomberg BETA, 10K Investments, Wellspring Growth Partners and Mission & Market.
3 min read · 10 June 2015
European mobile point-of-sale company SumUp has raised an undisclosed amount of funding. The investor was Venture Incubator AG.
3 min read · 10 June 2015
Language learning platform Duolingo has secured $45 million in funding. Google Capital led the round.
4 min read · 10 June 2015
New Haven, Connecticut-based antibiotics developer Melinta Therapeutics has closed $67 million in funding. Malin Corporation plc led the round with participation from other investors that included Vatera Healthcare Partners.
3 min read · 10 June 2015
Volta Industries, a provider of electric car-charging services, has raised $4.5 million in Series A funding. Three Bridges Ventures led the round with participation from Riverwood Capital, 500 Startups and Epic Ventures. Also, SQN Capital provided Volta with a $3 million project financing facility.
3 min read · 10 June 2015
Indianapolis-based venture studio High Alpha, which is focused on creating, operating and funding enterprise cloud companies, has secured $35 million in funding. High Alpha's backers include Emergence Capital, Greenspring Associates and Hyde Park Venture Partners.
4 min read · 10 June 2015
Arrowlytics LLC, a business intelligence and analytics solutions provider for healthcare providers, has closed $3 million in funding. Surgical Care Affiliates led the round.
2 min read · 09 June 2015
Chinese healthcare products maker Luqa Pharmaceuticals has closed $15 million in funding. Morningside Ventures led the round.
2 min read · 09 June 2015
