Scholar Rock said Thursday that it has named Katrine Bosley and Dr. Michael Gilman to its board of directors. Katrine Bosley is currently the entrepreneur-in-residence at The Broad Institute while Dr. Gilman is a venture partner at Atlas Venture. Based in Cambridge, Mass., Scholar Rock is a biotech company focused on the disease microenvironment.
4 min read · 02 January 2014
NeXeption, a biopharmaceutical management company, said Thursday that it has closed $21.5 million in Series A financing. New Science Ventures and Third Point Ventures led the round with participation from Palo Alto Investors. According to NeXeption, the capital infusion will be used to launch Alexar Therapeutics, which will focus on developing Liver X receptor agonists. In conjunction with the funding, Dave Pfeiffer has been named CEO of Alexar while Steve Tullman, managing partner of NeXeption, will serve as chairman of Alexar's board of directors.
4 min read · 02 January 2014
LikeBright, a Seattle matchmaking services company that is backed by Microsoft Ventures, has bought MatchMate. No financial terms were disclosed. Based in Utah, MatchMate is a provider of matchmaking solutions.
1 min read · 02 January 2014
Innovus Pharmaceuticals said Tuesday that it has acquired Semprae Laboratories. No financial terms were disclosed. Based in Saddle Brook, NJ, Semprae Laboratories is the maker of Zestra, a product designed to improve women's sex lives. Semprae's backers included Quaker Partners and Versant Ventures.
3 min read · 31 December 2013
New England Orthotic & Prosthetic Systems, a portfolio company of Summer Street Capital Partners, has raised an undisclosed amount of funding from F.N.B. Capital Partners. According to NEOPS, the capital infusion will be used for expansion. NEOPS is a provider of orthotic and prosthetic patient care products and services.
2 min read · 31 December 2013
Fortune reported that Proterra has closed more than $10 million in Series C funding. This amount brings its total round to around $34.2 million. Based in Greenville, South Carolina, Proterra is a maker of electric buses. Its backers include Hennessey Capital Management, NMT Capital, Kleiner Perkins Caufield & Byers and GM Ventures.
1 min read · 31 December 2013
According to VentureWire, Moda Operandi has closed approximately $22 million in Series D funding. Based in New York, Moda Operandi is an online luxury fashion retailer. Its existing backers include New Enterprise Associates, New Atlantic Ventures, Manatt Venture Fund, LVMH, Conde Nast and RRE Ventures.
1 min read · 31 December 2013
According to an SEC filing, Neverware has raised $4.156 million in funding. The Form D document shows that the targeted amount is $4.9 million. The investors in this round were not named. Based in New York City, Neverware is a computer network provider to schools. The firm's previous backers include Thrive Capital, Rapture Ventures, Nihal Mehta, General Catalyst Partners, The Collaborative Fund and Khosla Ventures.
1 min read · 30 December 2013
According to VentureWire, PeerTransfer has raised $6.2 million in Series B-1 funding. Investors include Spark Capital, QED Investors, Devonshire Investors, KIBO Ventures and FIDES. PeerTransfer is a tuition payment service.
1 min read · 30 December 2013
Boston Business Journal has reported that MC10 has closed $19.8 million in funding. The investors in this round were not identified. The company's previous backers include Braemar Energy Ventures, North Bridge Venture Partners and Medtronic. Based in Cambridge, Mass., MC10 is an electronics developer.
1 min read · 30 December 2013
