4 min read · 22 September 2011
3 min read · 22 September 2011
8 min read · 22 September 2011
Investment firm Golden Seeds has put an undisclosed amount into social media company Honestly Now, and ecommerce website Bespoke Global, both based in New York. Honestly Now is a social game designed to help people make personal decisions. Bespoke Global aggregates custom home furnishings.
3 min read · 22 September 2011
Citi Ventures has put an undisclosed amount into Silver Tail Systems, as part of the company’s Series B round. Andreessen Horowitz led the Series B, announced in June. Silver Tail, based in Menlo Park, Calif., makes predictive analytics for detection and prevention of online fraud and abuse.
3 min read · 22 September 2011
Visible Measures, maker of an analytics and advertising platform for social video, has raised $13 million in a round led by DAG Ventures. The Series D round also included an investment from Advance Publications Inc. – owners of magazine giant Conde Nast – along with participation from existing investors General Catalyst Partners, Mohr Davidow Ventures, and Northgate Capital.
4 min read · 22 September 2011
Restaurant ordering and delivery service GrubHub has raised $50 million in Series E financing, enabling it to bolster its mobile development efforts and acquire New York-based Dotmenu, the parent company of Campusfood and Allmenus. Lightspeed Ventures led the round, with participation Mesirow Financial, Benchmark Capital, Greenspring Associates and DAG Ventures. Terms of the acquisition were not released.
4 min read · 22 September 2011
Vancouver-based Zymeworks Inc., a biotech company focused on protein-based therapeutics, has raised a total of $8.1 million. CTI Life Sciences Fund and Advanced Biotechnologies Venture Fund are among the investors. The money will be used for continued development.
3 min read · 22 September 2011
CardioKinetix, a medical device company developing transcatheter implants, has raised $44 million in a two-tranche Series E financing. New investors SV Life Sciences and New Leaf Venture Partners led the round, which included return backers including U.S. Venture Partners, J.P. Morgan Partners, H&Q Healthcare Investors and H&Q Life Sciences Investors. The company’s device, dubbed Parachute, is implanted into the left ventricle of the heart in a simple catheter lab procedure and is intended to treat patients with heart failure resulting from a myocardial infarction or heart attack.
2 min read · 21 September 2011
Fashion styling service JustFabulous has closed on $33 million in Series A financing from Matrix Partners and Technology Crossover Ventures. Former model and fashion executive Kimora Lee Simmons also participated, and will become the company’s president and creative director. Josh Hannah from Matrix Partners joins the board. On a monthly basis, members of JustFab.com receive a personalized delivery of shoes and handbags that have been chosen to fit their individual style. The new funding will be used for growth and international expansion.
4 min read · 21 September 2011