Nasuni, a provider of enterprise storage, has closed a $20 million Series C round. Investors include Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners. Nasuni makes “consolidated storage-as-a-service” technology for distributed enterprises. The company is based in Natick, Mass.
2 min read · 30 October 2012
Mobile service startup ItsOn Inc. raised $15.5 million in Series B financing led by Andreessen Horowitz along with SV Angel and an investor group led by Jim Davidson, the company announced. The company is based in in Redwood City, Calif.
5 min read · 30 October 2012
iJento has raised $8 million in new capital from MMC Ventures, Nauta Capital and Oxford Capital Partners. iJento helps companies integrate and analyze their customer information across multiple domains, devices and channels.
4 min read · 29 October 2012
Principia Biopharma Inc., a biopharmaceutical company focused on immunology, autoimmune diseases, and oncology, has raised $12.5 million. Investors include New Leaf Venture Partners, OrbiMed Advisors, Morgenthaler Ventures, SROne and Mission Bay Capital.
3 min read · 29 October 2012
Specialty pharmaceutical company ZS Pharma Inc. closed a $46 million financing round to support development of its treatments for kidney and liver disease. Alta Partners led the new round of financing, joined by new investors RiverVest Venture Partners, 3x5 Special Opportunity Partners and Salem Partners as well as current investor Devon Park Bioventures. The company is based in Fort Worth, Texas.
2 min read · 26 October 2012
North Atlantic Capital led a $6 million round for Zmags, a maker of commerce-enabled digital catalogs and publications. As a result, the firm’s David Coit joins Zmags’ board. OpenView Venture Partners and NorthCap Partners, existing backers in the company, also participated. The money brings Zmags total funding to $18 million.
3 min read · 26 October 2012
Online education company Udacity has raised $15 million in a Series B round led by Andreessen Horowitz. Charles River Ventures and Steve Blank also contributed. The company offers free online courses in Computer Science, Mathematics, General Sciences, Programming and Entrepreneurship. Udacity is based in Palo Alto, Calif.
3 min read · 26 October 2012
Flashnotes, an online marketplace where students can buy and sell class material, has inked $1.8 million in seed financing. The financing was led by Ryan Moore of Atlas Venture and Jordan Levy of Softbank Capital, the company said. Flashnotes is based in Boston.
2 min read · 26 October 2012
NXT Capital’s Venture Finance Group has provided a $12 million subordinated venture loan to Magnum Semiconductor Inc. The money will be used for growth. Based in Milpitas, California, Magnum is backed by August Capital, Investcorp Technology Ventures, Investor Growth Capital, Advanced Equities and The Camelot Group.
2 min read · 25 October 2012
Borro, which operates a secured asset lending site much like an online pawn broker, announced a new $32 million financing round from Octopus Investments. Earlier this month, the company announced a $26 million in a funding round led by Canaan Partners and including Ribbit Capital. Borro was launched in London four years ago.
3 min read · 25 October 2012
