Spartoo, a European online retailer for footwear and bags, has raised 25 million euro ($32.5 million) in Series C funding. Sofina, an investment holding company, led the round, with participation from existing investors A Plus Finance, CM-CIC Capital Privé, Highland Partners and Endeavour Vision. The money will be used for growth. Spartoo was formed in 2006.
2 min read · 23 October 2012
Life sciences investor Longitude Capital, which backs drug developers and medical devices, raises $385M for second fund
2 min read · 22 October 2012
Gigwalk has wrapped up a $6 million Series A round from August Capital, Greylock, Harrison Metal, SoftTech VC, Founder Collective, and AdMob founder Omar Hamoui. The company has created a “mobile work marketplace” where businesses can connect to smartphone-enabled workers across the country. The new round will be used to expand the company’s technology. Gigwalk is based in San Francisco.
3 min read · 22 October 2012
The Raine Group led a $23.5 million Series D round for Parchment Inc., maker of a service to help educational institutions exchange transcript credentials electronically. GSV Capital Corp.; Debrorah Quazzo, an education investor; and existing investors Novak Biddle, ICG Group, and Salmon River Capital also participated in the round.
3 min read · 19 October 2012
Neurovance has raised $7 million in Series A1 financing led by existing investor Novartis Venture Fund. The company will use the money for continued development of its norepinephrine and dopamine-preferring reuptake inhibitor. Neurovance was spun out of Euthymics Bioscience, and is based in Cambridge, Mass.
3 min read · 19 October 2012
Intacct, a maker of cloud financial management and accounting software, has raised $13.5 million in venture financing and debt financing. The money will use the funds for product development and distribution. The financing has included a $7.5 million venture funding round led by Split Rock Partners. Existing investors including Bessemer Venture Partners, Emergence Capital, Sigma Partners, and Sutter Hill Ventures also participated. The remainder of the funding came in the form of a $6 million line of credit with Silicon Valley Bank.
3 min read · 19 October 2012
New York-based video advertising startup Selectable Media has raised $2 million in Series A funding from Avalon Ventures. Selectable Media is also backed by Allen & Company.
2 min read · 19 October 2012
Security software company Quarri Technologies has raised $1.288 million in financing led by Houston Angel Network and Daylight Partners, accompanied by Texas Halo Fund. Quarri Technologies is based in Austin, Texas.
2 min read · 17 October 2012
ScaleBase has raised $10.5 million in Series B financing for its software, which is designed to scale and virtualize complex database environments. The company is backed by Bain Capital Ventures, Ascent Venture Partners and Cedar Fund. Bain Capital and Ascent Venture led the latest round, with participation from Cedar Fund. ScaleBase is based in Newton, Mass.
4 min read · 17 October 2012
Splice Machine, developer of a SQL-compliant database designed for Big Data applications, has closed on $4 million in Series A financing from Mohr Davidow Ventures. The company is based in San Francisco.
3 min read · 17 October 2012
