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  • German industrial IoT startup Konux snags $9 mln
    Iris Dorbian- 7 April 2017

    Munich, German-based Konux, an industrial internet of things startup, has secured $9 million in funding. New Enterprise Associates led the round with participation from other investors that included MIG and Upbeat Ventures. In addition to the funding, Dr. Greg Papadopoulos, a venture partner at NEA and former CTO at SUN Microsystems, has been named to Konux's board of directors.

  • Upskill grabs Series B funds
    Iris Dorbian- 5 April 2017

    Upskill (formerly APX Labs), a provider of enterprise software for industrial augmented reality wearables, has raised an undisclosed amount of Series B funding. The investors included Boeing, GE Ventures, New Enterprise Associates and SineWave Ventures.

  • VC-backed Verona Pharma files for IPO
    Iris Dorbian- 4 April 2017

    London-based Verona Pharma, a biopharmaceutical company, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. Verona plans on listing the stock on the NASDAQ under the ticker symbol "VRNA." Jefferies and Stifel are serving as the lead underwriters. Verona Pharma's backers include Vivo Capital, OrbiMed, New Enterprise Associates, Abingworth, Henderson Global Investors and Aisling Capital.

  • Vanedge Capital invests in MapD's $25 mln Series B round
    Kirk Falconer- 30 March 2017

    San Francisco's MapD Technologies Inc has raised a US$25 million Series B financing. The round was led by NEA and joined by existing investors, including Canadian venture capital firm Vanedge Capital, which led MapD's US$10 million Series A last year. Founded in 2013, MapD has developed a software platform that combines a GPU-based SQL query engine and visual analytics to enable the exploration of large data sets. It plans to use the funds raised to increase customer adoption and product development. Earlier in 2017, Vanedge announced the close /canada/2017/2/3437556/ of Vanedge Capital II, raising $161 million.

  • Making sense of AI
    Mark Boslet- 30 March 2017
  • MapD Technologies lands $25 mln Series B
    Iris Dorbian- 29 March 2017

    San Francisco-based MapD Technologies, a GPU analytics company, has raised $25 million in Series B funding. New Enterprise Associates led the round with participation from previous backers NVIDIA, Vanedge Capital and Verizon Ventures.

  • MasterClass picks up $35 mln Series C in IVP-led round
    Iris Dorbian- 28 March 2017

    San Francisco-based MasterClass, a premier online education platform, has raised $35 million in Series C funding. IVP led the round with participation from other investors that included GSV Acceleration, Sam Lessin, New Enterprise Associates, Javelin Venture Partners, Bloomberg Beta, Advancit Capital, Novel TMT, Yan-David Erlich and Matthew Rutler.

  • NEA leads $54 mln round for DataRobot
    Iris Dorbian- 23 March 2017

    DataRobot, an enterprise machine learning platform, has secured $54 million in funding. New Enterprise Associates led the round.