New Enterprise Associates related stories
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Intact makes strategic investment in venture-backed MetromileIntact Financial Corp has made a strategic investment in Metromile Inc, a car insurance technology company based in San Francisco. No financial terms were disclosed. Metromile aims to give customers more affordable car insurance and transparent pricing through a pay-per-mile insurance model. It also offers detailed vehicle diagnostics via a driving app. Intact, a Canadian property and casualty insurance provider, said it invested because it believes the company is "redefining the marketplace." Launched in 2011, Metromile is backed by Felicis Ventures, First Round Capital, Index Ventures, NEA and SV Angel.
Payleven closes $10 mln Series D as Seventure joins investorsPayleven closed a $10 million Series D growth financing round with the addition of Seventure Partners as an investor. Holtzbrinck Ventures, ru-Net, B Cinque, New Enterprise Associates and MePay also participated in the round, which brings the company’s total funding to $51 million. Based in London and Berlin, Payleven is a mobile payments company serving European businesses.
- NEA leads $33 mln Series B in DataRobot
New Enterprise Associates led a $33 million Series B funding round in machine learning company DataRobot Inc. Accomplice, Intel Capital, IA Ventures, Recruit Strategic Partners and New York Life also participated in the round. Boston-based DataRobot has raised more than $57 million to date.
- IfOnly nabs $10.25 mln in Series B funding
San Francisco-based IfOnly, a marketplace for experiences, raised $10.5 million in Series B funding from investors including Advance Newhouse, Digital Garage, XB Ventures, Dropbox founder and CEO Drew Houston, and Yucaipa Capital chief Ron Burkle. IfOnly has raised $25 million to date.
3D printing gets its second windQueue up the next wave of 3D tech, which aims to be easy and affordable
- Goldman Sachs leads $30 mln round for Sonatype
Sonatype, which helps companies improve their software supply chains, has closed $30 million in equity and debt funding. Goldman Sachs led the round.
- Curalate scores $27.5 mln Series C
Curalate, a visual commerce solution provider, has raised $27.5 million in Series C funding. New Enterprise Associates led the round with participation from return backers First Round Capital and MentorTech Ventures.
- Enso Ventures backs Galera Therapeutics
Malvern, Pennsylvania-based Galera Therapeutics, a developer of new treatments for cancer patients, has secured $5 million in funding from Enso Ventures. This capital infusion brings Galera's Series B funding total to $42 million. Galera's other investors are New Enterprise Associates, Novartis Venture Fund, Novo Ventures, Correlation Ventures and Galera Angels.
- VC-backed StreamSets hires SVP of sales
San Francisco-based StreamSets, a provider of data ingest technology, has named Tom Aliotti as its senior vice president of sales. Previously, Aliotti worked at Cask where he held sales leadership roles. StreamSets' backers include Accel Partners, Battery Ventures, Ignition Partners and New Enterprise Associates.
- FiscalNote inks $10 mln Series C
Washington, D.C.-based FiscalNote, a startup building a platform for analyzing government risk, raised $10 million in Series C funding. Visionnaire Ventures and Green Visor Capital led the round with participation from investors that included New Enterprise Associates and Mark Cuban. The round brings the two-year old company’s total financing to over $30 million.