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VC-backed Kurion buys Vista EngineeringKurion said Wednesday that it has agreed to to acquire Vista Engineering Technologies. No financial terms were disclosed. Also, Phil Ohl, president and CEO of Vista Engineering, has been named chief operating officer of Kurion while David Brockman will oversee the combined company's domestic business as senior vice president. Based in Richland, Wash., Vista Engineering is a full-service engineering, design and tech company. Kurion is backed by Lux Capital, Firelake Capital Management and Acadia Woods Partners.
- SOLS Systems scores $1.75 mln in seed funds
SOLS Systems has raised $1.75 million in seed financing. Lux Capital led the round with participation from RRE Ventures, Rothenberg Ventures, Terrawatt Ventures, Smart Garden and Advanced Laser Materials. SOLS Systems is a maker of customized wearables.
- VC-backed Kala names new board chairman
Kala Pharmaceuticals has named Howard B. Rosen as chairman of its board of directors. Previously, he worked at Pearl Therapeutics where he served as interim president and CEO. Based in Waltham, Mass., Kala Pharmaceuticals is a developer of treatments for ocular diseases. Its backers include Lux Capital, Polaris Venture Partners, Third Rock Ventures and Crown Venture Fund.
- Planet Labs collects $52 mln in Series B funding
Planet Labs, a space and information company, has raised $52 million in Series B funding. New investors in the round include tech investor Yuri Milner, Industry Ventures, Felicis Ventures, Lux Capital and Ray Rothrock. Planet Labs' existing investors include DFJ, Capricorn, O'Reilly Alpha Tech Ventures, Founders Fund, First Round Capital, Innovation Endeavors, Data Collective and AME Cloud Ventures.
- Visterra closes Series A
Visterra, a developer of novel therapeutics to prevent and treat major infectious diseases, has secured $8.1 million in the final closing of its Series A financing round. This financing brings the total proceeds received to date from Series A to $34.2 million. Existing investors – Polaris Venture Partners, Flagship Ventures, Lux Capital, the Bill & Melinda Gates Foundation and Omega Funds – participated in the financing, as well as members of management and employees.
ARCH scores a string of exitsAfter a long slog, the firm has six portfolio companies go IPO in past 14 months
- CyPhy Works nets $7 mln
CyPhy Works said Tuesday that it has raised $7 million in financing. Lux Capital led the round with participation from General Catalyst Partners, Felicis Ventures and several angel investors. In conjunction with the funding, Bilal Zuberi, a partner at Lux Capital, joins CyPhy Works' board of directors. Based in Danvers, Mass., CyPhy Works is a maker of advanced UAVs.
- Matterport raises $2.8 mln
Matterport said Thursday it raised $2.8 million Series A-1 financing. Several renowned entrepreneurs, including Crate & Barrel founder Gordon Segal and Sling Media co-founder Blake Krikorian, participated. Mountain View, Calif.-based Matterport develops cloud-based 3D models of interior spaces. Including the $2.8 million, Matterport has raised a total of $10 million in capital. investors include Lux Capital, Felicis Ventures, Greylock Partners, Navitas Capital, Qualcomm Ventures, Red Swan Ventures, and Rothenberg Ventures.
- Everspin Technologies Scores $15 Mln in Series B Financing
Everspin Technologies said Monday that it has raised $15 million in Series B financing. Investors included New Venture Partners, Sigma Partners, Lux Capital, Draper Fisher Jurvetson and Epic Ventures. Based in Chandler, Arizona, Everspin is a semiconductor company that develops magnetic RAM.
- Siluria Technologies Appoints to Board
Siluria Technologies has appointed Karl Kurz to the company's board of directors. Siluria is a company that converts natural gas into chemicals and fuels. It is backed by ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Altitude Life Science Ventures, Lux Capital and Vulcan Capital.