South San Francisco-based Tricida, a biopharmaceutical company focused on treating renal disease, has raised $30 million in Series B funding. OrbiMed led the round with participation from Sibling Capital Ventures and Limulus Venture Partners.
2 min read · 04 March 2015
Neurotechnology company MindMaze has received $8.5 million in funding. The investors were not named.
3 min read · 04 March 2015
Newton, Massachusetts-based Macrolide Pharmaceuticals, a new company focused on developing novel antibiotics, has secured $22 million in Series A funding. The investors were Novartis Venture Fund, Gurnet Point Capital, Roche Ventures, and SROne.
3 min read · 04 March 2015
Redwood City, California-based enterprise data startup Alation has secured $9 million in Series A funding. Costanoa Venture Capital and Data Collective Venture Capital led the round with participation from Andreessen Horowitz, Bloomberg Beta and General Catalyst Partners. In addition to the funding, Greg Sands, managing partner of Costanoa, has been appointed to Alation's board of directors.
4 min read · 04 March 2015
Billerica, Massachusetts-based RainDance Technologies Inc, a genomics tools provider, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. RainDance plans on listing the stock on the NASDAQ under the ticker symbol "RAIN." BofA Merrill Lynch, Cowen and Company and Evercore ISI will serve as the lead underwriters. RainDance's backers include GE Ventures and Northgate Capital.
2 min read · 03 March 2015
China-based used car trading platform Cheyipai has raised $110 million in Series D funding. Renren Inc led the round with participation from Sequoia Capital, Matrix China, Morningside Ventures and CITIC Capital. Hina Group was the financial advisor.
2 min read · 03 March 2015
Sales platform ToutApp has secured $15 million in Series B funding. Andreessen Horowitz led the round with participation from previous backers Sigma West, Founder Collective, 500 Startups and the Launch Fund. In addition to the funding, Scott Weiss of Andreessen Horowitz has been appointed to ToutApp's board of directors.
3 min read · 03 March 2015
Irvine, California-based YouMail, a provider of intelligent cloud-based telecom services, has raised $5.5 million in Series B funding via a private placement. The investors were not identified; however, Digital Offering managed the private placement. Also, YouMail has named Brian Davi as its vice president of marketing. YouMail's previous backers include Vantage Point Capital Partners, the Crunch Fund, Wavemaker Ventures and Tech Coast Angels.
3 min read · 03 March 2015
Ignition Partners has led a $15 million Series A funding round for Tempered Networks, a provider of secure connectivity for critical infrastructure and information. IDG Ventures also participated in the round. In conjunction with the funding, John Connors, a managing partner at Ignition Ventures, has been added to Tempered Networks' board of directors.
3 min read · 03 March 2015
Avalara has acquired HotSpot Tax Inc, which provides tax compliance solutions for the vacation rental sector. No financial terms were disclosed. Avalara's backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.
3 min read · 03 March 2015
