Truffle Capital has hired Patrick Lord as an investment manager. Previously, Lord worked at QuantumWave Capital where he served as marketing and communications director.
3 min read · 17 March 2015
Flagship Ventures has agreed to invest in Red Rock BioFuels LLC. No financial terms were disclosed. Also, Flagship Ventures will take a seat on Red Rock's board of directors. Based in Fort Collins, Colorado, Red Rock Biofuels is a provider of renewable biofuels.
4 min read · 17 March 2015
Dataminr, a real-time information discovery company, has secured $130 million in funding. Fidelity Management & Research Company led the round with participation from other investors that included Wellington Management Company LLP, Credit Suisse NEXT Investors, Venrock and Institutional Venture Partners.
2 min read · 17 March 2015
San Diego-based biotech company Cidara Therapeutics has filed for a $69 million IPO, according to an SEC filing. The company plans on trading on the NASDAQ under the ticker symbol "CDTX." Jefferies and Leerink Partners are listed as lead underwriters. Cidara's backers include 5AM Ventures, Aisling Capital, Frazier Healthcare and InterWest Partners.
1 min read · 16 March 2015
According to an SEC filing, San Francisco-based venture firm Obvious Ventures has raised $77.7 million for its debut fund. The firm's co-founders include Ev Williams, a co-founder of Twitter.
1 min read · 16 March 2015
San Francisco-based Asseta, a business-to-business marketplace for capital equipment and spare parts, has secured $1 million in seed funding. The investors included Red Swan Ventures, Zpark Venture, FundersClub and Winklevoss Capital.
2 min read · 16 March 2015
Silicon Valley-based software startup Altocloud has raised $2 million in seed funding. Delta Partners, Digicel Group and ACT Venture Capital led the round.
3 min read · 16 March 2015
Motorola Solutions Venture Capital has made an undisclosed investment in CyPhy Works. Based in Danvers, Massachusetts, CyPhy Works is a maker of drones.
2 min read · 16 March 2015
EnerTech Capital has led a $14 million funding round for Blue Pillar, a provider of facility internet of things and energy management solutions for single site and multisite facilities. Other investors in this round included Maryland Venture Fund, Allos Ventures, Arsenal Venture Partners and Claremont Creek Ventures.
4 min read · 16 March 2015
Cheetah Mobile Inc has agreed to buy mobile advertising company MobPartner for a consideration of about $58 million. Djamel Agaoua will remain as CEO of MobPartner and also assume the position of senior vice president at Cheetah Mobile. MobPartner's backers included Alven Capital and Newfund.
4 min read · 16 March 2015
