Wellington Management related stories
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IT infrastructure startup Nutanix plans IPO in 9-12 months-ReutersNutanix, which builds server and storage systems, expects to file for an initial public offering in the United States within nine to 12 months, provided the wider economy is in good health, the company's chief executive said.
Genetic info firm Invitae scores $120 mln Series FSan Francisco-based Invitae Corp., a genetic diagnostics firm that specializes in hereditary disorders, has raised $120 million in Series F funding.
Dashboard: IPO proceeds pick up, although total debuts declineVenture activity down across the board in August, but total IPO proceeds from VC-backed companies perks up after Mobileye debut
- Adaptimmune raises $104 million to develop immune-system cancer drugs-Reuters
British biotechnology company Adaptimmune has raised $104 million in venture capital to fund its work in developing a new range of drugs based on immune-system cells, Reuters reported.
The Honest Company raises $70 mlnThe Honest Company, which was co-founded by the actress Jessica Alba and which sells eco-friendly natural, non-toxic products online, has raised $70 million in a round led by funds associated with Wellington Management Company.
- Civitas Therapeutics scores $55 mln Series C
Civitas Therapeutics has closed $55 million in Series C funding. The investors included Adage Capital Management, OrbiMed Advisors, Partner Fund Management, Rock Springs Capital, Sofinnova Ventures, Canaan Partners, RA Capital and Wellington Management Company. Headquartered in Chelsea, Mass., Civitas Therapeutics is a biopharmaceutical company that focuses on developing treatments for Parkinson’s disease.
- Mobile security company Lookout pulls in $150 million
San Francisco-based mobile security firm Lookout has closed $150 million in funding. T. Rowe Price Associates-managed funds led the round with participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz. Allen & Company served as financial advisor on this transaction.
Mega deals continue at rapid paceSecond quarter dealmaking outpaces the first quarter’s, despite Nasdaq selloff
California legislators may flatten tires of Uber, Lyft(Reuters) - Bills that would make it more complicated and expensive for ridesharing companies such as Uber and Lyft to do business in California passed a state Senate committee on Tuesday.
Red-hot Uber valued almost as much as Hertz and Avis combinedUber Inc has raised $1.2 billion from mutual funds and other investors in a funding round that valued the fast-growing rides-on-demand service at $18.2 billion in one of the highest valuations ever for a Silicon Valley startup, Reuters reported.