STELLAService Inc., a provider of customer service ratings for online retailers, has raised $15 million in Series B financing. Norwest Venture Partners led the round, which included existing STELLAService investors including Battery Ventures, DFJ Gotham Ventures, RRE Ventures and Forerunner Ventures. As a result of the round, Josh Goldman, General Partner at Norwest Venture Partners, has joined the company’s board.
5 min read · 27 February 2013
Citrix Startup Accelerator, Nexus Venture Partners and Trinity Ventures have contributed $2 million in seed financing for security technology startup Armor5. The company is based in Santa Clara, Calif.
4 min read · 27 February 2013
Kickboard, a web-based school analytics platform, has raised $2 million in Series A financing. New Markets Venture Partners and Two Sigma Ventures led the round. The company, based in New Orleans, has raised a total of $2.8 million to date.
4 min read · 27 February 2013
Nexenta Systems, a developer of software-defined storage technology, has closed a $24 million Series D round. The company also named Mark Lockareff as chief executive officer. Four Rivers Group led the round, with participation by existing investors Menlo Ventures, TransLink Capital, Javelin Ventures, Sierra Ventures, Razor’s Edge Ventures, and West Summit Capital. In addition to Four Rivers, new strategic investors Presidio Ventures and UMC Capital participated.
3 min read · 27 February 2013
Brickell Biotech Inc., a development-stage pharmaceutical company focused on treating skin diseases, has raised $7 million in Series B financing. The round was led by AMOREPACIFIC Ventures, part of the Korean cosmetic company AMOREPACIFIC. Other investors include Palisade Concentrated Equity Partnership II, L.P., a private equity fund managed by Palisade Capital Management.
4 min read · 26 February 2013
TearScience Inc., a private medical device company, has sealed up to $70 million in funding from HealthCare Royalty Partners. The company is developing a system of treatment for evaporative dry eye. The infusion will be used for commercialization of its treatment.
3 min read · 26 February 2013
Oxford, England-based Glide Pharma raised $21.4 million in new funding. The company, a pharmaceutical development and device company, is backed by investors including Invesco Perpetual. Glide Pharma will use the funds for manufacturing of its solid dose injector system.
3 min read · 26 February 2013
Thinkful, an online education company, has raised $1 million in seed funding from RRE Ventures, Quotidian Ventures, and Peter Thiel's FF Angel. The company, formed in 2012, provides one-on-one training aimed at helping students advance their careers.
2 min read · 26 February 2013
OpenBook.net has raised an undisclosed amount of money from Accelerate Ventures. OpenBook develops computer and Internet property management systems for the hospitality industry.
2 min read · 26 February 2013
DecImmune Therapeutics has raised $2.25 million in new financing from new investor Broadview Ventures and existing investors Astellas Venture Management and HealthCare Ventures. The company is developing antibody therapeutic to reduce tissue damage and improve ventricular function associated with myocardial infarction.
3 min read · 26 February 2013
