Onset Ventures related stories
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- Information VP scores big with $1.55 bln sale of Adaptive Insights
Information Venture Partners is seeing a lucrative payday with the US$1.55 billion sale of a Silicon Valley business-planning software provider. Adaptive Insights, backed by Information VP for more than a decade, was sold this week to Workday. The deal gave the Toronto venture firm about 10x its investment, a person with knowledge of the matter told PE Hub Canada. Information VP declined comment. Adaptive is one of several major liquidity events Information VP completed in recent months.
VC-backed medical device company Neuronetics debuts IPONeuronetics, a medical device company, has gone public after pricing its IPO of 5.5 million shares at $17 per share. The stock began trading on the NASDAQ under the ticker symbol "STIM." Piper Jaffray & Co. and William Blair & Company LLC are the lead underwriters. Neuronetics' pre-IPO backers included Ascension Ventures, Accuitive Medical Ventures, GE Ventures, Interwest Partners, New Leaf Venture Partners, Onset Ventures, Polaris Venture Partners and Three Arch Partners.
- VC-backed medical device company Neuronetics files to go public
Malvern, Pennsylvania-based Neuronetics, a medical device company focused on improving the quality of life for patients who suffer from psychiatric disorders, has filed for an IPO. Neuronetics will trade the stock on the NASDAQ under the ticker symbol "STIM." Piper Jaffray & Co and William Blair & Company are serving as the lead underwriters. The investors included Ascension Ventures, Accuitive Medical Ventures, GE Ventures, Interwest Partners, New Leaf Venture Partners, Onset Ventures, Polaris Venture Partners and Three Arch Partners.
- Boston Scientific Corp to buy VC-backed Apama Medical
Boston Scientific Corp has agreed to acquire Campbell-California-based medical device firm Apama Medical Inc for $300 million, which includes $175 million in cash upfront. Apama's backers included Ascension Ventures, Medvance Incubator Partners, ONSET Ventures and Incept.
- Online authentication provider Nok Nok Labs raises $8 mln more
Palo Alto, California-based Nok Nok Labs, a provider of secure authentication services, announced it has raised $8 million in a Series D round of funding. Motorola Solutions Venture Capital led the round, which included existing investors, such as DDS Inc, ONSET Ventures, DCM Ventures, Lenovo Group, Korea Information Certificate Authority and DOCOMO Innovations. The company has now raised $55 million in total funding since it was founded in 2011.
- Vertos Medical picks up $28 mln
Alisa Viejo, California-based Vertos Medical Inc, a developer of minimally invasive treatments for lumbar spinal stenosis, has closed $28 million in financing. MVM Life Science Partners LLP led the round with participation from return backers Leerink Revelation Partners, Pitango Venture Capital, ONSET Ventures and Aweida Venture Partners. In conjunction with the funding, Hugo Harrod, a partner at MVM, will join Vertos Medical's board of directors.