Canon Europe has acquired London-based Lifecake, a photo-sharing app for families. No financial terms were disclosed. Lifecake's backers included Balderton Capital.
2 min read · 23 April 2015
New York City-based ResiModel, a platform for aggregating and analyzing financial data for multifamily transactions, has raised about $900,000 in its latest funding round, bringing the total tally to $3.5 million. The investors included Osage Venture Partners, Leading Edge Ventures, Kevin Quinn, former global co-head of technology investment banking at Goldman Sachs, Kurt Roeloffs, former chief investment officer at Deutsche Bank Real Estate and Bob White, founder and president of Real Capital Analytics.
3 min read · 23 April 2015
Cambridge, Massachusetts-based Jounce Therapeutics, which is focused on discovering and developing cancer immunotherapies, has closed $56 million in Series B funding. The investors included Wellington Management Company, Redmile Group, Nextech Invest, Pharmstandard International, S.A., Cormorant Asset Management, Omega Funds, Casdin Capital and Foresite Capital Management.
3 min read · 23 April 2015
Southeast Asia internet TV service iflix has closed $30 million in funding, the company announced today. Catcha Group and Philippine Long Distance Telephone Company led the round. According to iflix, the capital infusion will be used to roll out the company's service across Southeast Asia, acquire rights to new content, produce original programming and for marketing. To read the announcement, visit here.
1 min read · 23 April 2015
Bangladesh-based mobile money company SureCash Pte Ltd has raised $7 million in Series B funding. The Osiris Group was the investor.
3 min read · 23 April 2015
San Juan Capistrano, California-based PingThings, a provider of predictive intelligence solutions for the electric utility sector, has secured an undisclosed amount of funding. The investors were GE Ventures and Frost Data Capital.
3 min read · 23 April 2015
Small business health insurance startup SimplyInsured has secured $1.75 million in seed funding. The investors were Starling Capital, Altair.vc and Y Combinator.
2 min read · 23 April 2015
Cambridge, Massachusetts-based drug discovery company SciFluor Life Sciences, a subsidiary of Allied Minds, has secured $30 million in funding. The investors included Invesco Asset Management, Woodford Investment Management and parent company Allied Minds. Also, the company has appointed Dr. William Koster as chairman of the board.
4 min read · 22 April 2015
Scalyr, a provider of log monitoring solutions, has received $2.1 million in seed funding, the company confirmed in a blog post on its site. Susa Ventures led the round with participation from Bloomberg Beta, Google Ventures and Sherpalo Ventures.
1 min read · 22 April 2015
Minneapolis-based insurance marketplace Gravie has secured $12.5 million in Series B funding. Split Rock Partners led the round with participation from previous backers Aberdare Ventures and FirstMark Capital. In conjunction with the funding, Michael Gorman, a managing partner at Split Rock Partners, has been added to Gravie's board of directors.
3 min read · 22 April 2015