Turn Inc. has raised $20 million in Series D financing to help expand its digital advertising management platform. Maryland-based venture firm Greenspring Associates led the round. Existing shareholders Norwest Venture Partners, Trident Capital, Shasta Ventures and Focus Ventures all invested pro rata in the round.
2 min read · 05 January 2011
Graftys, a medical device start-up based in Aix-en-Provence, France, has raised 4 million euros ($5.3 million) in a third round of financing. The company, which is focused on bone biologics, is backed by Ventech, Octalfa, Oreo Finances and Viveris Management.
4 min read · 05 January 2011
Boston-based Hiperos, which develops enterprise lifecycle and risk-management software, has raised an undisclosed amount from Summit Partners. Michael Medici, vice president at Summit Partners, will join the Hiperos board as a result of the financing. Summit Partners has offices in Boston, London and in Palo Alto, Calif.
3 min read · 05 January 2011
Paris-based biotech company DBV Technologies has raised 19.4 million euros ($25.5 million) in a Series C round led by new investors InnoBio Fund and Lundbeckfond Ventures. Shire plc, ALTO Invest, Sofinnova Partners and ALK Abello also contributed to the round. DBV Technologies is developing products to combat food allergies such as peanut and milk. The company’s previous investors include Apax Partners, among others.
4 min read · 05 January 2011
Singapore-based Cloudpic has raised $6 million for its cloud computing applications, which are designed to help artists and digital entertainment studios produce content from anywhere in the world. Asian venture firm Gobi Partners and Singapore's EDBI Investments contributed the round, which will help Cloudpic bring its technology to market.
3 min read · 05 January 2011
3 min read · 04 January 2011
Chicago-based technology and digital media company Centro has raised $22.5 million from FTV Capital. The funding will help Centro expand its sales and marketing for its automated digital media buying software. Founded in 1998, FTV Capital has offices in San Francisco and New York and more than $1 billion under management.
3 min read · 04 January 2011
Lineagen Inc., Salt Lake City, Utah-based developer of genomic tests and services, is raising up to $15 million in Series B financing. The company said that existing shareholders Sanderling Ventures, vSpring Capital, PrairieGold Venture Partners and Mesa Verde Venture Partners will commit at least $5 million to the round. Lineagen previously raised $10.8 million in Series A financing.
2 min read · 04 January 2011
Social business consultancy Dachis Group has raised $30 million in Series B financing. Austin Ventures led the round, which will be used to expand the company’s services. Formed in 2008, Dachis Group aims to help enterprise customers design strategies for using social technology. Austin Ventures has roughly $3.9 billion under management.
4 min read · 04 January 2011
Location-based gaming start-up SCVNGR has raised $15 million in new venture financing in a round led by European venture firm Balderton Capital. Existing shareholders Google Ventures and Highland Capital Partners also participated. Balderton partner Barry Maloney will SCVNGR's board as a result of the round. SCVNGR is based in Cambridge, Mass.
3 min read · 04 January 2011
