Content marketing platform Keywee has raised $9.1 million in Series A funding. Eric Schmidt’s Innovation Endeavors and Marker LLC led the round with participation from The New York Times Company and UpWest Labs. According to the company, the capital infusion will be used for product development and for growing its sales and marketing operation.
4 min read · 24 March 2015
Lesbian and bisexual women dating app HER (formerly known as Dattch) has raised $1 million in seed funding. The investors in this round included Reddit co-founder and Executive Chair Alexis Ohanian; Bebo co-founder Michael Birch; and Huddle co-founder Andy McLoughlin.
2 min read · 23 March 2015
Aeglea Biotherapeutics Inc, a biopharmaceutical company focused on treating tumor metabolism, has raised $44 million in Series B funding. Return backers Lilly Ventures and Novartis Venture Fund led the round with participation from other investors that included UT Horizon Fund, OrbiMed, Jennison Associates (on behalf of clients), Venrock, RA Capital Management, Rock Springs Capital, Ally Bridge Group and Cowen Investments.
4 min read · 23 March 2015
Santander has named Tee Pruitt investment manager of its InnoVentures Fund. Previously, Pruitt worked at C5 Capital where he served as a principal on the firm's cybersecurity-focused fund and Octopus Ventures where he worked as an associate on its generalist tech fund.
3 min read · 23 March 2015
David J. Freschman, a prominent venture capitalist who was a consultant for "Shark Tank," passed away on March 17. He was 52.
1 min read · 20 March 2015
Paris-based business-to-business marketing automation firm Azalead Software has raised 2 million euros in funding. Aurinvest led the round. Ader Finance served as an advisor on the transaction.
3 min read · 20 March 2015
On-demand wine and spirits delivery service Thirstie raised $1.1 million in seed funding. The investors were not named. Also, the company has named Seth Weiss as director of national expansion and hired Seth Weinberg to "provide insight and engage on all legal and compliance issues."
3 min read · 20 March 2015
According to a blog post on its site, Index Ventures has sold X01 Ltd to Janssen Pharmaceuticals Inc, a Johnson and Johnson subsidiary. No financial terms were disclosed. X01 is a cardiovascular drug startup. To read the announcement, visit here.
1 min read · 20 March 2015
The Maryland Technology Development Corporation is backing three Maryland-based cybersecurity startups. The companies--Strajillion, Protenus and Ridgeback--have each received $100,000 apiece via TEDCO's Cybersecurity Investment Fund.
3 min read · 20 March 2015
Boston and San Francisco-based eHealth startup Pear Therapeutics has secured an undisclosed amount of funding. The lead investor was 5AM Ventures. In conjunction with the funding, Andrew J. Schwab, a managing partner at 5AM Ventures, has been added to Pear Therapeutics' board of directors.
2 min read · 20 March 2015
