Arborlight, a a spin-out from University of Michigan's office of technology transfer, has raised $1.7 million in funding. The Michigan Angel Fund led the round. Based in Ann Arbor, Michigan, Arborlight is a maker of LightWell, a daylight simulator.
3 min read · 30 March 2015
Online auction house Auctionata has secured $45 million in Series C funding. MCI Management led the round with participation from other investors that included Hearst Ventures, Kreos Capital, Yuan Capital, Earlybird, e.ventures, Kite Ventures, Raffay Group, TA Ventures, Bright Capital, REN Invest and Holtzbrinck Ventures. GP Bullhound advised Auctionata on the transaction.
3 min read · 30 March 2015
Enbala Power Networks, a Canadian provider of solutions for distributed energy resource management, has raised $11 million in funding. The backers were GE Ventures, Edison International subsidiary Edison Energy, Development Canada, EnerTech Capital Partners, Sorfina Capital and Chrysalix EVC.
3 min read · 30 March 2015
Redwood City, California-based OpenGov, a provider of financial transparency solutions for state and local governments, has named Mini Peiris as chief marketing officer. Previously, Peiris worked at NetSuite Inc where she served as vice president of global marketing. OpenGov is backed by Andreessen Horowitz, Formation 8 and Thrive Capital.
2 min read · 30 March 2015
Portland, Oregon-based Jama Software, a computer software company, has secured $20 million in funding. The investors were Updata Partners, Trinity Ventures, Madrona Venture Group and the Oregon Angel Fund. In conjunction with the funding, Jon Seeber of Updata Partners and Tim Porter from Madrona have been appointed to Jama's board.
3 min read · 30 March 2015
On-demand delivery company DoorDash has secured $40 million in Series B funding, it was announced in a blog post. Kleiner Perkins Caufield & Byers led the round with participation from return backers Sequoia Capital, Khosla Ventures and Charles River Ventures. In conjunction with the funding, John Doerr of KPCB has been added to the company's board. To read more about the funding, visit here.
1 min read · 27 March 2015
3 min read · 27 March 2015
Boston-based Avedro Inc, an ophthalmic pharmaceutical and medical device company, has named David J. McIntyre to its board of directors. McIntyre is a partner at Apple Tree Partners.
2 min read · 27 March 2015
Global law firm DLA Piper has hired Tom Furlong to join its corporate practice. Most recently, Furlong was a managing director at Granite Ventures.
2 min read · 27 March 2015
Art education and collecting platform Artsy has secured $25 million in Series C funding. Catterton led the round. In conjunction with the funding, Michael Farello, a partner at the firm, has been added to Artsy’s board of directors.
3 min read · 26 March 2015