PeachWorks, a provider of restaurant management solutions, has raised $4 million in Series A funding. Allos Ventures led the round with participation from Huron River Ventures, Arsenal Venture Partners and Invest Detroit. In addition to the funding, PeachWorks has named Mark Symonds as CEO. Symonds is a former CEO of Plex Systems.
3 min read · 03 March 2015
Safeguard Scientifics has led a $5 million Series A funding round for cloud mobile platform CloudMine. The other investors in the round included MentorTech Ventures, DreamIt Ventures, DeSimone Group Investments, Ben Franklin Technology Partners, Mid-Atlantic Angel Group and Robin Hood Ventures. In addition to the funding, Safeguard's Philip Moyer and David Luk have been appointed to CloudMine’s board of directors.
4 min read · 03 March 2015
New York City-based Booker, a service commerce platform, has secured $35 million in Series C funding. Medina Capital led the round with participation from other investors that included First Data, Jump Capital, Signal Peak, Bain Capital Ventures, Revolution Ventures and Grotech Ventures.
4 min read · 03 March 2015
PayPal has agreed to acquire Massachusetts-based mobile wallet platform provider Paydiant, the latter announced in a post on its site.
1 min read · 02 March 2015
Chiasma Inc has received $70 million in Series E financing. The investors included Rock Springs Capital, Sofinnova Ventures, MPM Capital, F2 Capital, 7 Med Health Ventures, Abingworth and ARCH Venture Partners. Headquartered in Newton, Massachusetts and Jerusalem, Chiasma is a biopharmaceutical firm focused on treating acromegaly.
3 min read · 02 March 2015
San Francisco-based interactive media company RockYou has secured $23 million in funding. Columbia Capital led the round.
2 min read · 02 March 2015
Proofpoint has agreed to buy Emerging Threats, an Indianapolis-based cybersecurity research company. The value of the transaction is about $40 million. Emerging Threats's backers included Elevate Ventures and HALO Capital Group.
3 min read · 02 March 2015
Outfittery has received $20 million in funding in a round led by Northzone. Based in Berlin, Outfittery is a men's' fashion ecommerce site.
2 min read · 02 March 2015
Sqore has raised $3.5 million in funding from Northzone. Based in Sweden, Squore is a provider of online challenge-based skills testing.
4 min read · 02 March 2015
Cambridge, Massachusetts-based Mersana Therapeutics Inc, a provider of Fleximer antibody-drug conjugate technology, has secured $35 million in Series B-1 financing. New Enterprise Associates led the round with participation from Rock Springs Capital Management, Elliott Sigal, former head of R&D at Bristol-Myers Squibb, Pfizer Venture Investments and Fidelity Biosciences. Also, Mersana has appointed Anna Protopapas as president and CEO. And, Protopapas and Dr. Elaine V. Jones, executive director of Pfizer Venture Investments, have been added to Mersana's board of directors.
4 min read · 02 March 2015
