New York and London-based OpenFin, a provider of HTML5 runtime technology for the financial sector, has secured $3 million in funding. Bain Capital Ventures, Pivot Investment Partners and Nyca Partners led the round with participation from other investors that included Tom Glocer, former Thomson Reuters CEO. According to the company, the capital infusion will be used for product development and to expand its engineering team in both New York and London.
4 min read · 22 April 2015
Intellia Therapeutics, a developer of therapeutic products for gene editing and repair, has named Dr. Sapna Srivastava as chief financial and strategy officer. She is a former senior analyst and biotechnology group team leader at Goldman Sachs. Intellia Therapeutics is backed by Atlas Venture and Novartis Institutes for Biomedical Research.
2 min read · 22 April 2015
Knightsbridge Advisers has raised $203 million for its eighth oversubscribed venture capital and growth equity fund of funds. Its hard cap and target were $200 million. Additionally, the firm secured a $50 million separate account with an undisclosed investor.
1 min read · 21 April 2015
India-based local services platform Sulekha.com has raised $28 million in funding. The investors were GIC and Norwest Venture Partners.
3 min read · 21 April 2015
The GLUKOS Company Inc, a natural energy foods brand, has raised undisclosed Series A funding. EIF led the round.
2 min read · 21 April 2015
Menlo Park, California-based Poshmark, a fashion community marketplace, has secured $25 million in funding. The investors were Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures and SoftTech VC.
4 min read · 21 April 2015
Onfleet, a provider of local delivery management solutions, has received $2 million in funding, the company confirmed on its site. The investors included CrunchFund, Winklevoss Capital, Playfair Capital and Stanford-StartX Fund. According to Onfleet, the capital will be used for product enhancement and personnel hiring.
1 min read · 21 April 2015
Shipping service Shyp has secured $50 million in Series B funding, the company announced in a blog post on its site. Kleiner Perkins Caufield & Byers led the round with participation from other investors that included Homebrew and Sherpa Ventures. In addition to the funding, John Doerr, a general partner at KPCB, has been added to Shyp's board of directors. To read more about the funding details, visit here.
1 min read · 21 April 2015
Boston-based Tal Medical, a medical device company focused on treating depression and other psychiatric disorders, has raised $14 million in funding. The investors included PureTech. In addition to the funding, the company has named Mike Madden as executive vice president of product development. Also, Tal Medical has added Dr. Raju Kucherlapati to its board of directors.
3 min read · 21 April 2015
New York City-based Untapt Inc, a recruitment platform focused on financial services technology, has closed $3 million in Series A preferred stock financing. Tsai Capital Corp led the round with participation from SenaHill Investment Group LLC. In addition to the financing, Christopher Tsai, president and chief investment officer of Tsai Capital Corp, and Kyle Zasky, a partner at SenaHill Partners LP, have been appointed to Untapt's board of directors.
3 min read · 21 April 2015
