Sequoia Capital led an $11.5 million investment in Wavefront, a data analytics platform based in Palo Alto, California. Wavefront has raised $20.5 million to date from investors including Sutter Hill Ventures and the Webb Investment Network. As part of the funding, Sequoia partner Bill Coughran joined Sutter Hill’s Sam Pullara on Wavefront's board.
4 min read · 16 February 2016
Drug developer Akarna Therapeutics Ltd raised $15 million in a Series B preferred stock financing round. New investor Forbion Capital Partners joined existing backers New Science Ventures and Third Point Ventures to complete the round.
4 min read · 16 February 2016
Joi Scientific Inc raised more than $5 million in a Series A funding round led by Woodman Family Investments LLC. Joi Scientific is a clean energy company headquartered at the Kennedy Space Center in Florida.
2 min read · 16 February 2016
Kryssen Capital led a $45 million Series A funding round for Seven Bridges, a biomedical data analysis company based in Cambridge, Massachusetts. In addition to the funding round, Tom Daschle, former U.S. Senate majority leader, and Kai-Fu Lee, founding president of Google China, will join Seven Bridges’ board of advisors.
3 min read · 16 February 2016
Mubai, India-based RKSV Securities, an online stock brokerage, raised $4 million in a Series A funding round. Investors included Kalaari Capital, GVK Davix and others.
3 min read · 12 February 2016
Drug developer Apellis Pharmaceuticals Inc raised $47.1 million in Series D preferred stock financing. The round was led by new investors Cormorant Asset Management, Hillhouse Capital Group and venBio Global Strategic Fund. Earlier this month Apellis withdrew its plans for an initial public offering, according to an SEC filing.
3 min read · 12 February 2016
Partech Ventures led a $16 million Series B funding round for Alberta, Canada-based Waterline Data, a data mining company. To date Waterline Data has raised $23 million. The company was founded in 2013 with backing from Menlo Ventures and Jackson Square Ventures.
2 min read · 12 February 2016
New York-based Gorgias, a provider of help desk software, raised $1.5 million in seed funding, the company said in a statement. Charles River Ventures and Amplify Partners led the round.
1 min read · 12 February 2016
London-based Sky-Futures, a provider of drone inspection services for the oil and gas industry, secured a $4.2 million investment by Bristow Group, and an additional $1.5 million investment by MMC Ventures. MMC invested $3.8 million in the company in May. To date Sky-Futures has raised more than $10 million.
4 min read · 12 February 2016
MilliDrop, a maker of cell culture machines, raised 1 million euros ($1.13 million) from Seventure Partners' Quadrivium 1 seed fund. Paris-based MilliDrop was founded last year.
2 min read · 12 February 2016
