North America

LiveOak wraps up sophomore fund at $105 mln

LiveOak Venture Partners has closed its second fund at $105 million. The Austin-based venture firm invests in early-stage startups in Texas.

Leedfeeder snags Series A

Helsinki-based Leedfeeder, which helps B2B companies generate new leads from website analytics, has secured 3.1 million euros in Series A funding. Endeit Capital led the round with participation from Superhero Capital and Vendep Capital.

iMod Structures raises $11 mln

iMod Structures said April 9 that it raised $11 million in Series A round led by Goldman Sachs Urban Investment Group. iMod, of Mare Island, California, makes modular classrooms.

Clozette raises $10 mln

Clozette said April 9 that it raised $10 million in Series C funding from Cool Japan Fund. Clozette, of Singapore, is a media company.

Encore Dermatology secures $20 mln from Horizon

Horizon has provided a $20 million venture loan facility to Encore Dermatology. Headquartered in Malvern, Pennsylvania, Encore Dermatology is a specialty dermatology company. Encore is backed by EW Healthcare Partners, 1315 Capital and Longitude Capital.

New kidney care company Strive Health grabs funding

Strive Health, a kidney care company, has raised an undisclosed amount of funding. New Enterprise Associates led the round with participation from Ascension Ventures, Town Hall Ventures and Echo Health Ventures.

RMG Global wraps up biopharma fund at $64 mln

RMG Global has closed its biopharma investment fund at $64 million. The fund is focused on biotherapeutics developed within the Israel-based FutuRx incubator, established by OrbiMed Israel, Johnson & Johnson Innovation and Takeda Ventures in cooperation with the Israel Innovation Authority.

VC-backed Aceable appoints one as CFO and another as finance VP

Austin-based Aceable, a provider of digital high-stakes education, has named Justin Kvasnicka as chief financial officer and Nancy Spencer as vice president of finance. Previously, Kvasnicka worked at RetailMeNot while Spencer worked at Google. Aceable is backed by Sageview Capital, Silverton Partners, Floodgate Fund, Next Coast Venture Partners, Wildcat Venture Partners, Nextgen Partners and the Capital Factory Fund.

Summit Partners backs Klaviyo

Klaviyo has raised $150 million in Series B funding, according to a blog post on its site. The investor was Summit Partners. Based in Boston, Klaviyo is a provider of ecommerce marketing solutions.

ABK Biomedical raises $40 mln in Series B financing

Halifax-based medical device company ABK Biomedical Inc has secured about $40 million (US$30 million) in a Series B financing. The round was led by F-Prime Capital, a U.S. healthcare venture capital firm, and Varian Medical Systems, a U.S. oncology business. ABK previously raised funding from Canadian early-stage venture capital firm Innovacorp and angel investors. Founded in 2012 at Dalhousie University by Bob Abraham, Daniel Boyd and Sharon Kehoe, ABK is focused on embolic therapies for patients with benign and malignant hypervascular tumors. The company will use the funds raised for research, manufacturing and clinical product development of its Eye90 and Easi-Vue microsphere offerings.