Private Equity
San Francisco-based Tunein, a global live-streaming and on-demand audience service, has named Juliette Morris as CEO. Morris joined Tunein as chief marketing officer in March 2018. Tunein is backed by Sequoia Capital, Comcast Ventures, IVP, Innovation Endeavors, Causeway, General Catalyst Partners, Icon Ventures and Marker LLC.
3 min read · 31 July 2019
Atlanta-based MyPorter, a valet storage startup, has raised $2.2 million in funding. The investors included Wes Matelich, CEO of Rx Green Technologies and Ken Haines, CEO of The Wrench Group.
1 min read · 31 July 2019
San Jose, California-based Recogni Inc, a provider of an artificial intelligence platform for autonomous vehicles, has secured $25 million in Series A financing. GreatPoint Ventures led the round with participation from Toyota AI Ventures, BMW i Ventures, Faurecia and DNS Capital.
1 min read · 31 July 2019
Grenco Science, a Los Angeles-based cannabis vaporizer brand, has raised an undisclosed amount in a Series A financing. Investors in the round included Serruya Private Equity, the investment arm of Canada's Serruya family, and Stable Road Capital. Launched in 2012, Grenco Science uses technology to develop a line of portable cannabis vaporizers, including the original G Pen. The financing's proceeds will support expansion of the company's product range and global growth.
3 min read · 31 July 2019
U.K. healthcare private equity firm GHO Capital Partners has sold Caprion Biosciences, a Montréal-based provider of immunology and proteomics services to the biopharmaceutical industry. No financial terms were disclosed. The buyer was Arsenal Capital Partners, a U.S. healthcare and specialty industrials private equity firm. In a separate release, Arsenal said it will invest in Caprion's merger with Antwerp, Belgium-based HistoGeneX, creating a single provider of research services for the development of immunology- and oncology-focused drugs. HistoGeneX was formerly backed by Waterland Private Equity Investments. Founded in 2000, Caprion was acquired and recapitalized in 2016 by GHO.
4 min read · 31 July 2019
San Francisco-based Altitude Networks, provider of a cloud collaboration security platform, announced it has raised $9 million in Series A funding led by Felicis Ventures. The Slack Fund is also participating in the round, along with previous investor Accomplice and individual investor Alex Stamos, former CSO at Facebook. As part of the funding, Aydin Senkut, founder and managing director of Felicis, will join the board.
1 min read · 31 July 2019
Lightricks said July 31 that it raised $135 million in Series C funding led by Goldman Sachs Private Capital Investing. Insight Partners and ClalTech participated in the round. Lightricks creates photo and video editing apps.
3 min read · 31 July 2019
Alizé Pharma 3 said July 31 that it raised 67 million euros ($75 million) in a Series A round led by LSP. Novo Ventures, Kurma Partners, Orbimed, Pontifax, Partners Innovation Fund and Innobio 2 (managed by Bpifrance) participated in the round. Existing shareholders Sham Innovation Santé/Turenne Capital, Crédit Agricole Création and TAB Consulting also took part. Alizé Pharma 3, of France, develops therapeutic peptides for rare endocrine and metabolic diseases.
7 min read · 31 July 2019
Next Coast Ventures has named Jonathan Kaplan as chief operating officer. Previously, Kaplan served as chief legal officer and general counsel of RetailMeNot.
3 min read · 31 July 2019
Socio, an event management platform for organizations to optimize their live events, has secured $6 million in Series A funding. High Alpha Capital led the round with participation from Greenspring Associates. In addition to the funding, Mike Fitzgerald, a partner at High Alpha, will join Socio's board.
3 min read · 30 July 2019
