Battery Ventures led a $10 million Series B round of financing for SiSence, a developer of “Big Data” analytics technology. Opus Capital and Genesis Partners also contributed to the round.
4 min read · 03 April 2013
Algenetix, an industrial biotech company, has raised $2 million in Series A-1 financing, the company announced Tuesday. The company’s funding is led by Two Oceans and unnamed San Diego, Calif.-based investors.
2 min read · 02 April 2013
NetSocket, a provider of network service assurance technology, has raised $9.2 million in Series B funding. The round was led by new investor Venture Investors, with participation by existing investors Sevin Rosen Funds, Silver Creek Ventures and Trail Blazer Capital.
2 min read · 02 April 2013
OneHealth Solutions Inc. has raised $9 million in Series B financing. The Solana Beach, Calif.-based company will use the new funds for sales and marketing expansion. Lemhi Ventures led the round. OneHealth uses game mechanics, social networking, peer support communities and clinical protocols to help people achieve health goals.
3 min read · 02 April 2013
Revance Therapeutics Inc., a specialty biopharmaceutical company, has raised raised $33 million of its Series E growth financing, the company announced Tuesday. In addition, Revance announced the conversion of $71 million in convertible debt into the Series E preferred stock. Money will go toward clinical trials as well as other growth efforts. Revance’s investors include Essex Woodlands, NovaQuest Pharma Opportunities Fund, Delphi Ventures, Vivo Ventures, Technology Partners, Shepherd Ventures, Bio*One Capital and Pac-Link Ventures, and Palo Alto Fund.
2 min read · 02 April 2013
Pittsburgh-based Aquion Energy Inc., maker of “Aqueous Hybrid Ion” batteries and energy storage systems, has completed the first closing of a $35 million Series D financing round. Bright Capital is leading the round with participation from new investors Bill Gates and Gentry Venture Partners as well as returning investors Kleiner Perkins Caufield & Byers, Foundation Capital, and Advanced Technology Ventures.
4 min read · 02 April 2013
Denver-based UrgentRx, which is developing over-the-counter flavored powder medications, recently added an additional $2.5 million in Series B funding. The funding brings the company’s total funding to date to more than $7 million. The round was led by current investors JUMP Investors and Boulevard Capital Partners. New investors include Sam Zell; David Bonderman, founder of private equity giant Texas Pacific Group; real estate magnate Herb Simon; and Academy Award-winning actress Hilary Swank.
3 min read · 02 April 2013
Updata Partners led a $10.5 million Series A round for social shopper media startup Collective Bias. The company will use the money to expand its content management platform, as well as expand its staff.
3 min read · 02 April 2013
Indoor Atlas Ltd., which is developing technology that utilizes magnetic anomalies inside buildings and smartphones in order to accurately pinpoint positions indoors., recently closed a 500,000 euro ($642,000) seed round. Mobility Ventures participated in the round. The Finland-based startup was founded in 2012 as a spin-off from the University of Oulu, Finland.
3 min read · 02 April 2013
Credit Karma has raised $30 million in Series B financing. Ribbit Capital and Susquehanna Growth Equity led the investment, with participation from existing investor Felicis Ventures. The financing brings the total amount raised by Credit Karma to $33.5 million.
3 min read · 02 April 2013