General Catalyst Partners said Monday that it has raised approximately $675 million for its seventh fund. The pool will focus on investing in "transformative" tech businesses. With offices in Cambridge, Mass., Palo Alto, Calif. and New York City, General Catalyst Partners is a VC firm that makes early stage and growth equity investments.
2 min read · 23 December 2013
Toronto-based Pinetree Capital has purchased 18 million common shares of Augusta Industries. No financial terms were disclosed. As a result of the transaction, Pinetree now holds an aggregate of 52,272,112 common shares of Augusta. Based in Canada, Augusta Industries is a provider of health monitoring sensor systems.
2 min read · 23 December 2013
Specialty finance lender Horizon Technology Finance Corp. said Monday that it has provided a $10 million venture loan facility to Mederi Therapeutics. According to Mederi, the funds will be used for "working capital purposes." Based in Greenwich, Conn., Mederi is a provider of treatments for gastroesophageal reflux disease and bowel control disorder.
3 min read · 23 December 2013
CSA Medical has secured $16 million in Series C financing. Ascension Ventures led the round with participation from SV Life Sciences, Intersouth Partners, First Analysis, Blue Heron Capital and Guide Medical Ventures. In conjunction with the funding, Dr. Tara Butler, a managing director at Ascension Ventures, has been named to CSA Medical's board of directors. Headquartered in Lutherville, Maryland, CSA Medical is a provider of advanced spray cryotherapy technology that flash freezes unwanted tissue inside the body.
3 min read · 23 December 2013
AlienVault has closed $30 million in Series D funding. The round was led by GGV Capital with participation from Intel Capital, Trident Capital, Kleiner Perkins Caufield & Byers, Sigma West, Adara Venture Partners, Top Tier Capital and Correlation Ventures. Based in Silicon Valley, AlienVault is a provider of unified security management solutions and crowd-sourced threat intelligence.
3 min read · 20 December 2013
Claremont Creek Ventures, a seed and early-stage venture fund, has named Harveen Sethi as an associate. Prior to joining CCV, Sethi worked at Medtronic.
2 min read · 20 December 2013
Techrockies reported on Friday that Boulder Ventures is currently seeking to raise $100 million for its sixth fund. No other details about the new fund were disclosed. Based in Boulder, Colorado and Chevy Case, Maryland, Boulder Ventures is a VC firm that invests in early-stage tech and life sciences companies.
1 min read · 20 December 2013
Retrofit said Friday that it has closed an additional $5 million in financing. Cambia Health Solutions and existing investor Draper Fisher Jurveston led the round. Headquartered in Skokie, Illinois, Retrofit is a weight loss program for busy professionals. Its other backers include Correlation Ventures, Hyde Park Angels, Pritzker Group Venture Capital, Chicago Ventures and Firestarter Fund.
5 min read · 20 December 2013
Fortune reported on Friday that New York-based eyeglass maker Warby Parker has closed $60 million in funding. Tiger Global Management led the round with participation from existing investors General Catalyst Partners, Spark Capital, Thrive Capital and First Round Capital.
1 min read · 20 December 2013
According to an SEC filing, My Own Med has raised $1.3 million in funding. The investors were not named in the Form D document. Based in Chevy Case, Maryland, My Own Med is a digital platform and mobile health app.
1 min read · 20 December 2013
