Correlation Ventures related stories
All articles and analysis
Mogl Network raises $8 mlnMogl Network said Tuesday it raised another $8 million in funding led by Aequitas Capital Management. Also participating in the round were Avalon Ventures, Correlation Ventures, Sigma Partners, Sysco Ventures, Monroe Capital and Moore Venture Partners. San Diego-based Mogl aims to provide an online to offline real-time commerce platform.
- Gynesonics pulls in $43 mln
Redwood City, California-based Gynesonics, a women's healthcare company focused on developing solutions for treating uterine fibroids, has secured $43 million in funding. Endeavour Vision and Abingworth led the round with participation from HealthCrest, InterWest Partners, Advanced Technology Ventures, HBM Partners, Correlation Ventures and Hercules Technology Growth Capital.
- Fintech startup Karmic Labs raises $5 mln, Greycroft leads
San Francisco-based Karmic Labs, developer of a payment processing system, announced that it has raised a $5 million Series A round of funsing led by Greycroft Partners. Karmic Labs CEO and co-founder Ryan Weidenmiller told peHUB that other investors in the round include Trusted Ventures, Accelerator Ventures, Pipeline VC, Correlation Ventures and individual investor Iqram Magdon-Ismail.
- Distil picks up $21 mln in BVP-led round
Distil Networks, a provider of bot detection and mitigation solutions, has raised $21 million in Series B funding. Bessemer Venture Partners led the round with participation from Foundry, TechStars, ff Venture Capital, Idea Fund and Correlation Ventures. In addition to the funding, David Cowan, partner at BVP and co-founder of VeriSign, Good Technology and Defense.net, has been added to Distil's board of directors.
- Ankasa grabs $8.5 mln in first tranche of $17 mln Series A
Biopharmaceutical company Ankasa Regenerative Therapeutics, which focuses on stem cell reactivation, has secured $8.5 million in the first tranche of a $17 million Series A funding round. Avalon Ventures was the lead investor. Heraeus Medical and Correlation Ventures are among the other backers that participated in the round.
- Dropoff scores $7 mln Series A
On-demand same-day delivery logistics provider Dropoff has raised $7 million in Series A funding. Greycroft Partners led the round with participation from other investors that included Correlation Ventures, Texas Atlantic Capital and Wild Basin Investments.
Fund briefs May 1, 2015A summary of VC fundraisings and filings; plus tables on recent closings worldwide
- Venrock, Aisling Capital lead $18.5 mln round for Spirox
Spirox Inc. said Monday it closed an $18.5 million Series B round of financing led by Venrock and Aisling Capital. Existing investors Aperture Venture Partners, Correlation Ventures and Western Technology Investment also participated in the round. Menlo Park, California-based Spirox is a medical device company focused on developing minimally invasive technologies to treat nasal obstruction.
- Correlation Ventures to raise $170 mln second fund
Correlation Ventures has begun raising a second fund of $170 million, according to a filing with the SEC.
- LEGO subscription service Pley attracts $10 mln
LEGO subscription service Pley has raised $10 million in Series B funding. Sozo Ventures led the round with participation from previous backers Floodgate, Correlation Ventures, Maven Ventures and Allegro Venture Partners. Concurrent with the funding, Phil Wickham, managing director at Sozo Ventures, has been added to Pley¹s board of directors.