Jaspersoft, a maker of business intelligence software, has inked $11 million in a round of venture capital led by Red Hat and SAP Ventures. New investor Quest Software joined in the round, which also included participation from existing shareholders Doll Capital Management, Morgenthaler Ventures, Partech International, Scale Venture Partners, and Adams Street Partners. The money will be used for expansion and potential acquisitions. Jaspersoft is based in San Francisco.
4 min read · 15 July 2011
Transcend Medical Inc., a Menlo Park, Calif.-based ophthalmic device company, has closed a second tranche of its Series B round, bringing the total to an eye-popping $51 million. Investors include Investor Growth Capital, Canaan Partners, Finistere Ventures, HLM Venture Partners, Kaiser Permanente Ventures, Latterell Venture Partners, Morgenthaler Ventures, Split Rock Partners and Technology Partners. The company says it will use the funds to develop additional infrastructure and resources for a U.S. study of its micro-stent technology. The company is focused on minimally invasive glaucoma therapies.
2 min read · 15 July 2011
Boston-based Verastem has raised $32 million in Series B financing, only eight months after wrapping up a $16 million Series A round. Advanced Technology Ventures and Astellas Venture Management led the Series B, and were joined by all previous investors: Longwood Founders Fund, Bessemer Venture Partners, Cardinal Partners and MPM Capital. The money will support ongoing research and development. Verastem is and developing drugs to treat breast and other cancers by targeting cancer stem cells.
2 min read · 14 July 2011
A group of investors including 5AM Ventures, Pfizer Venture Investments, Mohr Davidow, the Roche Venture Fund and the Ontario Institute for Cancer Research have put $14.6 million into DVS Sciences Inc. With offices in Ontario and Sunnyvale, Calif., DVS Sciences is a manufacturer of highly multi-parameter single-cell analyzers and reagents for biological research and clinical applications. The company will use the Series A financing to expand its commercial manufacturing efforts.
3 min read · 14 July 2011
Omniture founder Josh James has wrapped up another $33 million in capital for his business intelligence company Domo (formerly known as Shacho). In May, James sealed $10 million in commitments from angel investors Marc Benioff and Ron Conway, and from Hummer Winblad Venture Partners and Andreesen Horowitz. The company will sell its technology a cloud-based software-as-a-service, Reuters reported. Domo is based in Salt Lake City.
2 min read · 14 July 2011
Artis Capital Management has led a $25 million Series D round for San Jose, Calif.-based Nimble Storage. Earlier investors investors Accel Partners, Lightspeed Venture Partners and Sequoia Capital also contributed to the round, which will help the company expand its sales efforts internationally.
2 min read · 14 July 2011
Evernote has pulled in $50 million in a new funding round led by Sequoia Capital, with participation from Morgenthaler Ventures. Evernote is aimed at helping users remember things: Users can take a photo, make notes and tag and catalog them via the Evernote platform. The three-year-old company touts 11 million users to date. And with the new cash, Evernote plans to grow through acquisitions. As a result of the new round, Roelof Botha of Sequoia Capital will transition from an observer seat to becoming a full member of Evernote's board.
3 min read · 13 July 2011
Scratch Music Group, a music DJ service, has sealed $3.3 million in a round led by Contour Venture Partners. The New York City Investment Fund, as well as and angel investors Jason Finger and Todd Arky of SeamlessWeb, and YellowJacket Software Chief Executive Jacob Pechenik also contributed.
4 min read · 13 July 2011
San Francisco-based Jawbone has raised a whopping $70 million from "investors advised by J.P. Morgan Asset Management," the company said in a written release Tuesday. Jawbone, which makes mobile products including intelligent Bluetooth-enabled headsets and speakers, has raised roughly $170 million to date. The company is also backed by investors including Khosla Ventures, Mayfield Fund, Sequoia Capital and Andreesen Horowitz.
4 min read · 13 July 2011
2 min read · 12 July 2011
