Saudi Aramco Energy Ventures, the venture arm of Saudi Aramco, has put an undisclosed amount of money into Sekal AS, a provider of support and automation software for the oil and gas industry. Details of the financing were not disclosed. Sekal is based in Sandnes, Norway, with offices in Aberdeen and Houston. Other owners in the company include IRIS, Statoil Technology Invest, and SåkorninVest.
2 min read · 15 April 2013
PrePlay Inc. has raised $4.7 million in Series B financing. Lead investor Trilogy Equity Partners was joined by RSE Ventures in the round. PrePlay is a New York based mobile games company.
3 min read · 12 April 2013
Biodesix Inc., a molecular diagnostics company, has added $8.8 million in a follow-on sale of its Series D preferred shares. The money came from existing investors, Biodesix said. Specifics were not released.
2 min read · 12 April 2013
Syros Pharmaceuticals, which is focused on treatments for cancer and other diseases, has inked $30 million in Series A financing. Company co-founders ARCH Venture Partners and Flagship Ventures led the round. The money will go toward development of novel gene control medicines.
6 min read · 12 April 2013
LevelEleven, a Detroit-based company focused on enterprise gamification and CRM technology, has completed its $1.5 million seed financing. The seed round was led by Detroit Venture Partners with additional funding from private equity investor Rick Inatome, Hyde Park Venture Partners, and The First Step Fund.
3 min read · 11 April 2013
AgBiome, a developer of agricultural products to improve crop productivity, raised $14.5 million in Series A financing. Polaris Partners led the round and was joined by ARCH Venture Partners, Harris & Harris Group, and Innotech Advisers. The company is based in Research Triangle Park, N.C.
3 min read · 11 April 2013
iRhythm Technologies Inc., a medical device, service and technology company, has closed on $16 million in Series D financing. Norwest Venture Partners led the round, with participation from New Leaf Ventures, Synergy Life Science Partners and Kaiser Permanente Ventures. The money will go toward expansion and development efforts.
3 min read · 11 April 2013
Cydan, an orphan drug accelerator that aims to identify and “de-risk” programs with therapeutic and commercial potential, said that it has launched with $16 million in venture backing. New Enterprise Associates and Pfizer Venture Investments led the financing, with participation from Alexandria Real Estate Equities Inc. Cydan is based in Cambridge, Mass.
6 min read · 11 April 2013
Plain Vanilla Corp., developer of the social trivia platform QuizUp, has raised $2.4 Million in Series A funding led by Greycroft Partners, Tencent, IDG ventures and BOLDStart Ventures.
3 min read · 09 April 2013
Donuts Inc., a registry for new generic top-level domain names, has sealed Series B financing led by existing investor Generation Partners. Columbia Partners Private Capital also participated. Specific terms of the deals were not disclosed.
2 min read · 09 April 2013
