Indigo raised $56 million in a funding round led by Flagship Ventures, the company announced in a blogpost. Cambridge, Massachusetts-based Indigo is harnessing bacteria to create resilient super-crops. Indigo, formerly called Symbiota, was formed within VentureLabs, Flagship’s in-house startup incubator.
1 min read · 18 February 2016
Compilation of new hires and personnel changes at Greylock, ffVC, IVP and more
3 min read · 18 February 2016
Education marketplace Udemy Inc acquired Talentbuddy, an online web development school, according to a blogpost on Udemy’s website. Both companies are backed by venture capital firms. Last year, Udemy raised $65 million in a Series D funding round led by Stripes Group. Investors in Talentbuddy include Version One Ventures, BDC Capital and Highline.
1 min read · 18 February 2016
Vyopta raised $5 million in a Series A funding round led by AVX Partners. The Austin-based startup provides a system to monitor and improve the performance of large video and web collaboration networks.
3 min read · 18 February 2016
New Enterprise Associates led an $8.5 million funding round for Nimble Collective, a startup co-founded by former DreamWorks Animation executive Rex Grignon that is developing a cloud-based collaboration platform for animators. As part of the funding, Greg Papadopoulos of NEA will join the Nimble Collective board of advisors.
4 min read · 18 February 2016
Orion Labs, a maker of group voice communication accessories based in San Francisco, received $9 million in new financing from Avalon Ventures and Motorola Solutions Venture Capital. With this round, Orion has now raised $16.25 million in funding.
2 min read · 18 February 2016
Verizon Ventures led a $57 million Series C funding round for Jana, a Boston-based provider of free, unrestricted internet access in emerging markets. Existing investors Spark Capital and Publicis Groupe also participated in the round.
3 min read · 18 February 2016
Bookend Capital took a minority equity position in Centric Digital, a provider of digital solutions to businesses. Terms of the investment were not disclosed. Alexander S. Panos, founder of Bookend, will join Centric Digital’s board.
2 min read · 18 February 2016
The life sciences team from Index Ventures goes it alone with its first independent fund and is banking on the continent’s universities for deal flow
3 min read · 18 February 2016
Third Rock Ventures LLC launched Pliant Therapeutics Inc with $45 million in Series A financing to develop new therapies to treat fibrotic disorders. Bernard Coulie, MD, PhD, co-founder and former chief executive officer of ActoGeniX will serve as CEO of the new company. Third Rock’s Neil Exter and Charles Homcy, MD, will join Pliant’s board.
6 min read · 18 February 2016