Madison, Wisconsin-based medical device company NeuWave Medical Inc has closed $25 million in Series C financing. Versant Ventures led the round with participation from other investors that included H.I.G. BioVentures and Venture Investors. In conjunction with the funding, NeuWave has added Kirk Nielsen, managing director at Versant Ventures, to its board of directors.
4 min read · 28 May 2015
HomeAway Inc, a Austin, Texas-based online marketplace for vacation rentals, has acquired a minority stake in Flat4Day for $2 million. Based in Turkey, Flat4Day is a vacation rental website. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.
4 min read · 28 May 2015
New Enterprise Associates is planing on making a $5 million investment in Speedinvest's newly launched second fund. NEA is anticipating that it will provide $50 million in follow-on funding for Speedinvest's portfolio companies. Speedinvest's second fund will focus on backing European startups.
3 min read · 28 May 2015
UK-based startup Lystable, which helps companies connect with freelancers, businesses and services, has raised $1.5 million in funding. Valar Ventures led the round with participation from other investors that included Backed and Playfair Capital.
3 min read · 27 May 2015
Virgin Pulse, a provider of a platform designed to increase employee engagement and productivity, has secured $92 million in funding. Insight Venture Partners led the round with participation from other investors that included return backer and parent company Virgin Group. In addition to the funding, Nikitas Koutoupes and Anika Agarwal of Insight Venture Partners have been added to Virgin Pulse’s board of directors.
4 min read · 27 May 2015
InterWest Partners has named Farah Champsi as a managing director. Currently, Champsi is a managing director at Alta. Prior to that, Champsi served as head of global life sciences investment banking at Robertson Stephens & Company.
3 min read · 27 May 2015
Triton Technology Fund, a Vertical Venture Partners' subsidiary, has made an undisclosed seed investment in MANTA Instruments. Headquartered in LA Jolla, California, MANTA is a developer of scientific instruments that measure nanoparticles.
4 min read · 27 May 2015
Austin, Texas-based online shipping marketplace Citizenshipper has raised $500,000 in funding. The investors included Marvel Venture Partners.
3 min read · 27 May 2015
Israeli-based mobile marketing platform Ubimo has secured $7.5 million in Series B funding. Pitango Venture Capital led the round with participation from OurCrowd and YJ Capital.
3 min read · 27 May 2015
San Jose, California-based Rani Therapeutics, which helps convert injectable drugs into pills, has secured an undisclosed amount of Series C funding. The backers included Novartis, Google Ventures, InCube Ventures, The Stevanato Group, Crystal Horizon Investments, Pinemount Investments and VentureHealth.
2 min read · 27 May 2015
