North America

Horizon provides $5 mln to medical device firm Meditrina

Horizon Technology Finance Corporation has provided a $5 million venture loan facility to Meditrina Inc. Based in located in Cupertino, California, Meditrina is a medical device company.

Yes VC, seeking $50 mln, holds interim close for inaugural fund

San Francisco-based Yes VC has raised $10.755 million toward a $50 million target for its inaugural fund, according to a regulatory filing. The filing reports 44 investors have so far backed the firm, which makes pre-seed and seed-stage investments. The firm was launched last year by Caterina Fake and Jyri Engeström and this year added David Pickerell as an associate.

SaaStr co-founder Mallun Yen seeks $30 mln for Operator Collective

Mallun Yen, co-founder of the blogging platform SaaStr, is seeking to raise $30 million for a venture fund called Operator Collective, according to a regulatory filing. The fund has not yet raised any commitments.

Data Gumbo Corp attracts $6 mln Series A

Houston-based Data Gumbo Corp, a blockchain-as-a-service platform provider, has raised $6 million in Series A funding. Saudi Aramco Energy Ventures led the round.

VC-backed BitPay appoints Braganza as CFO

BitPay, a global blockchain payments provider, has named Glen Braganza as chief financial officer. Previously, he was CFO at Worldpay US. BitPay's investors included Founders Fund, Index Ventures and Aquiline Technology Growth.

Virtuous Software pulls in $3 mln Series A

Virtuous Software, a nonprofit CRM and marketing platform that helps charities, has secured $3 million in Series A funding. The investor was MATH Venture Partners.

LeQuest procures funding

LeQuest, a Dutch provider of medical technology education, has secured 7 million euros in funding. The investors included MedFinance, InnovationQuarter, NextGen Ventures, Noaber Ventures and Philips Health Technology Ventures.

Promethera Biosciences rallies Series D funding

Promethera Biosciences SA, a provider of cell-based medicines, has raised 39.7 million euros in Series D financing. The investors included ITOCHU Corporation, Shinsei Capital Partners, Mirae Asset Capital, Korea Investment Partners, Ci:z Investment LLP and Mitsui & Co.

Elligo Health Research collects $20 mln Series C

Austin-based Elligo Health Research, an integrated research organization, has secured $20 million in Series C funding. Piper Jaffray Merchant Banking led the round.

Exabeam picks up $75 mln Series E

San Mateo, California-based Exabeam, a smarter SIEM company, has secured $75 million in Series E funding. Sapphire Ventures and Lightspeed Venture Partners led the round.