Borealis Ventures related stories
All articles and analysis
Biotech company Avitide attracts Series E fundingLebanon, New Hampshire-based biotech company Avitide Inc has raised an undisclosed amount of Series E funding. Sands Capital Ventures LLC led the round with participation from Mithril Capital Management, Polaris Partners, NeoMed Management, OrbiMed Advisors and Borealis Ventures. In addition to the funding, Ian Ratcliffe of Sands Capital Ventures, has joined Avitide’s board of directors.
- VC-backed Avitide hires one as CFO and another as tech development VP
Lebanon, New Hampshire-based biotech company Avitide Inc has named Scott Kennedy as chief financial officer and Karol Lacki as vice president of technology development. Previously, Kennedy was vice president and CFO of PerkinElmer's life sciences solutions division while Lacki worked at Novo Nordisk. Avitide's backers include Polaris Venture Partners, OrbiMed Advisors, Mithril Capital Management, SV Life Sciences, NeoMed Management and Borealis Ventures.
- Flux Factory racks up $29 mln Series B
Flux Factory Inc, a data exchanging service for architects, engineers, and contractors, has secured $29 million in Series B funding. Temasek and Surbana Jurong Private Limited led the round with participation from other investors that included Far East Ventures, DFJ, South Park Ventures, Borealis Ventures and Obvious Ventures. In conjunction with the funding, Nina Yang, chief operating officer at Singbridge, has been added to Flux's board of directors.
- Biotech company Avitide pulls in Series C funds
Lebanon, New Hampshire-based biotech company Avitide Inc has secured an undisclosed amount of Series C funding. NeoMed Management led the round with participation from previous backers Polaris Partners, OrbiMed Advisors, SV Life Sciences and Borealis Ventures. In addition to the funding, Claudio Nessi of NeoMed has been added to Avitide’s board of directors.
- Yahoo agrees to buy VC-backed Flurry
Yahoo has agreed to acquire Flurry. No financial terms were disclosed. Flurry is a mobile analytics and ad platform. Its backers included First Round Capital, Menlo Ventures, Draper Richards, DFJ, InterWest Partners, Crosslink Capital, Menlo Ventures, Union Square Ventures and Borealis Ventures.
- FieldLens grabs $8 mln Series A funds
FieldLens said Thursday that it has secured $8 million in Series A funding. OpenView Venture Partners led the round with participation from Softbank Capital, High Peaks Venture Partners, Lerer Ventures, Contour Venture Partners, Borealis Ventures and NYC Seed. FieldLens is a mobile field management app for construction professionals.
- DFJ leads $8 mln Series A funding in Flux
DFJ has led an $8 million Series A funding round in Flux, which provides collaborative design software for the building construction industry. Borealis Ventures participated in the funding round. Steve Jurvetson, a DFJ partner, has joined Flux's board of directors.
- ANSYS acquires VC-backed SpaceClaim for $85 mln
ANSYS, an engineering simulation software firm, has acquired SpaceClaim Corp. for $85 million in cash. Deutsche Bank Securities was financial adviser to SpaceClaim on the transaction. Based in Concord, Mass., SpaceClaim is a 3-D modeling tool provider. SpaceClaim was backed by Kodiak Venture Partners, Borealis Ventures, Needham Capital Partners and North Bridge Venture Partners.
- VC-backed Flurry attracts $12.5 mln - TechCrunch
According to TechCrunch http://techcrunch.com/2013/12/06/flurry-funding/ Flurry has closed $12.5 million in funding. The investors for this round were not identified. Based in San Francisco, Flurry is a provider of mobile analytics and advertising solutions. Its backers include DFJ, Union Square Ventures, First Round Capital, InterWest Partners, Borealis Ventures, Draper Richards and Crosslink Capital.
- Balderton Capital leads $2 mln round for Sketchfab
Sketchfab has raised $2 million in funding. Balderton Capital led the round with participation from Partech Ventures, Borealis Ventures and David Cohen, founder of TechStars. Based in Paris and New York, Sketchfab is an online publishing platform for interactive 3D files.