According to an SEC filing, Illuminate Ventures is seeking to raise $30 million for its second fund. Based in Oakland, California, Illuminate is an early-stage venture firm that targets North American-based high-tech startups with a focus on enterprise cloud and mobile computing.
1 min read · 09 April 2015
Bedford, Massachusetts-based 1366 Technologies, a silicon wafer maker, has closed $5 million in Series C funding. Haiyin Capital led the round.
2 min read · 09 April 2015
Berkeley Heights, New Jersey-based Edge Therapeutics, a biotech company focused on developing therapies for neurological conditions, has secured about $72.5 million in funding from two recent rounds. The company just closed $56 million in a Series C-2 funding round led by Venrock with participation from other investors that included Sofinnova Ventures, Janus Capital Management LLC, New Leaf Venture Partners and BioMed Ventures. The earlier round, which closed in December 2014, raised $16.5 million in Series C-1 funding. The investors for that round were not named. In connection to the Series C-2 round, Dr. Anders Hove of Venrock and Dr. James Healy, a managing partner at Sofinnova Ventures, have been added to Edge Therapeutics' board of directors.
4 min read · 09 April 2015
Amsterdam-based TV applications company 24i has secured $2 million in funding from Newion Investments with Dutch government guarantees. According to 24i, the capital infusion will be used to scale the company and expand its TV technology.
3 min read · 09 April 2015
Sunnyvale, California-based Niara, a stealth security startup, has raised $20 million in Series B funding. Venrock led the round with participation from other investors that included New Enterprise Associates and Index Ventures. In conjunction with the funding, Doug Dooley of Venrock has been appointed to Niara's board of directors.
4 min read · 09 April 2015
Luxury resale site The RealReal has secured $40 million in Series D funding. Industry Ventures led the round with participation from other investors that included e.ventures Growth, Greycroft Growth, DBL Partners, Canaan Partners and InterWest Partners. In addition to the funding, Cynthia Ringo of DBL Partners has been added to The RealReal's board of directors.
3 min read · 09 April 2015
Maven, a digital health clinic for women, has raised $2.2 million in funding. The investors included Great Oaks Venture Capital, The Box Group, F Cubed and Thomas Lehrman, founder of Gerson Lehrman Group.
3 min read · 09 April 2015
Mobile video communications startup Joya has raised $5 million in Series A funding. Battery Ventures and Altos Ventures led the round.
3 min read · 09 April 2015
San Francisco-based VendOp, a website for professionals to share opinions on business and industrial vendors, has raised $1.1 million in seed funding. The investors included Dr. Martin Lautman, former president and CEO of GfK, North America.
3 min read · 09 April 2015
New York City-based financial information services company PeerIQ has secured $6 million in seed funding. Uprising and John Mack, former chairman and CEO of Morgan Stanley, led the round with participation from other investors that included Vikram Pandit, former Citigroup CEO; Arthur Levitt, former SEC chairman; Dan Doctoroff, former CEO of Bloomberg LP; and Eric Schwartz, former co-CEO of Goldman Sachs Asset Management.
3 min read · 09 April 2015
