GreatPoint Ventures related stories
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Skyhawk Therapeutics lands $40 mlnWaltham, Massachusetts-based Skyhawk Therapeutics Inc, a developer of small molecule therapeutics that correct RNA expression, has secured $40 million in funding. The company's investors include Alexandria Venture Investments, GreatPoint Ventures, ShangPharma Innovation and Agent Capital.
- VC-backed Kinetica appoints Mahoney as worldwide VP of solution engineering
San Francisco-based Kinetica, an instant insight engine provider for the extreme data economy, has named Michael Mahoney as worldwide vice president of solution engineering. Prior to joining the firm, he was the vice president of solution engineers at MapR. Kinetica is backed by Canvas Ventures, Citi Ventures, GreatPoint Ventures and Meritech Capital Partners.
- Lightspeed leads seed round for Strangeworks
Austin, Texas-based Strangeworks, a quantum computing software company, has secured $4 million in seed funding. Lightspeed Venture Partners led the round with participation from other investors that included Ecliptic Capital, GreatPoint Ventures, Lux Capital, BoxGroup and Amplify Partners.
- Namogoo nets $15 mln Series B
Boston and Israel-based Namogoo, a provider of technology that prevents outside ads from hijacking ecommerce sites, has raised $15 million in Series B funding. Hanaco Venture Capital led the round with participation from GreatPoint Ventures, Blumberg Capital and Inimiti Capital. In addition to the funding, Alon Lifshitz, a general partner at Hanaco, will join the Namogoo board.
- Spring Labs pockets $14.75 mln seed
Spring Labs, a creator of a blockchain-based network, has raised $14.75 million in seed funding. August Capital led the round with participation from Victory Park Capital, GreatPoint Ventures, Pritzker Group Venture Capital, Multicoin Capital, Wavemaker Genesis (part of the Draper Venture Network), and Jump Capital.
- VC-backed Kinetica recruits Farooq as product management VP
San Francisco-based Kinetica, an instant insight engine provider for the extreme data economy, has appointed Irina Farooq as vice president of product management. Previously, Farooq worked at Riverbed Technology. Kinetica is backed by Canvas Ventures, Citi Ventures, GreatPoint Ventures and Meritech Capital Partners.
- General Electric digital executive jumps to analytics firm Uptake: Reuters
U.S. analytic software firm Uptake Technologies is set to announce it has hired one of General Electric Co’s (GE.N) top digital executives as it pursues a potential trillion-dollar market for systems that analyze data from industrial equipment, sources told Reuters.
- U.S. startup Uptake valued at $2.3 billion in new funding round: Reuters
U.S. analytic software firm Uptake Technologies Inc said on Thursday it raised $117 million in venture funding, a deal that gave it a valuation of $2.3 billion, Reuters reported.
Jetti Resources raises $24 mln, Kleiner Perkins among likely investorsJetti Resources, a natural-resources-tech startup, has raised about $24 million (US$18.7 million) in a Series A financing, apparently with the help of some heavyweight U.S. investors. The Vancouver company, founded in 2014, reported securing most of its funding target in an August filing with the U.S. Securities and Exchange Commission. Jetti told PE Hub Canada the round was closed shortly afterward at the full amount. The round’s backers were not disclosed but likely include Silicon Valley venture firm Kleiner Perkins Caufield & Byers. Kleiner Perkins is identified as an investor on Jetti’s website alongside DNS Capital, a U.S. family office.