U.S. Venture Partners related stories
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Box IPO values data storage provider at $1.67 billion -- ReutersBox Inc's shares have been priced at $14, an underwriter said, valuing the online data storage provider at about $1.67 billion in one of the most hotly anticipated technology IPOs in recent months, Reuters News reported.
- Box IPO raises $175 mln
Box Inc. said late Thursday it raised $175 million when it priced 12.5 million shares at $14 each via joint book-runners Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC. Underwriters on the deal have a 30-day option to buy an additional 1.875 million shares. Box will trade Friday on the NYSE under the ticker “BOX.” Box, the online storage company, is backed by venture capital firms including Draper Fisher Jurvetson, U.S. Venture Partners and Coatue Management.
Year in review: Waste not, want notAlphabet Energy powers up green generator sales, as cleantech is perhaps poised to make comeback
- Data storage company Box expected to be valued at up to $1.55 billion: Reuters
Online data storage provider Box Inc expects its initial public offering of 12.5 million shares to be priced at $11-$13 per share, valuing the company at up to $1.55 billion, Reuters reported.
- CardioKinetix racks up $50 mln
CardioKinetix, a Menlo Park, Calif.-based medical device firm, has received $50 million in funding. Edwards Lifesciences Corp. led the round with participation from return backers U.S. Venture Partners, Tekla Healthcare Investors, Tekla Life Sciences Investors, SV Life Sciences, Panorama Capital, New Leaf Venture Partners and Lexington Private Equity. CardioKinetix has also inked an agreement with Edwards Lifesciences Corp. that gives the latter company the option to acquire CardioKinetix "based on future regulatory milestones."
- Pluto TV nabs $13 mln Series A
Los Angeles-based video platform Pluto TV has secured $13 million in Series A funding. USVP led the round with participation from United Talent Agency, Sky plc, Chicago Ventures, Great Oaks Venture Capital and Luminari Capital. Pluto TV has hired Scout executive chairman Ross Levinsohn, Spotify Chief Content Officer Ken Parks and King Digital Entertainment COO Stephane Kurgan as advisors.
Fund briefs recapThe previous month saw Canaan close Fund X; SAP rebrand into Sapphire; and Data Collective collect $140 million for big data
IPO Profile: Calithera Biosciences IncThe drug company raised $80 million in its IPO
- ScoreBig nabs $18 mln in Hearst Ventures-led round
ScoreBig, a Los Angeles-based ticketing company, has secured $18 million in funding. Hearst Ventures was the lead investor. In conjunction with the funding, George Kliavkoff, co-president of Hearst Entertainment & Syndication and president of Hearst Ventures, has been added to ScoreBig's board.
- Risk I/O picks up $4 mln Series A
Chicago-based vulnerability threat management platform Risk I/O has received $4 million in Series A funding. Costanoa Venture Capital led the round with participation from return backers U.S. Venture Partners, Tugboat Ventures and Hyde Park Angels. In conjunction with the funding, Neill Occhiogrosso, a partner at Costanoa Venture Capital, has been appointed to the company's board of directors.