North America

Raremark lands funding

London-based Raremark, a patient-data platform in rare disease, has raised 3 million pounds in funding. AlbionVC and Ananda Ventures led the round with participation from Oltre Venture and the Cass Entrepreneurship Fund.

Pulumi snags $15 mln Series A

Seattle-based Pulumi Corporation, a provider of a platform that enables teams to get their code to the cloud, has raised $15 million in Series A funding. Madrona Venture Group led the round with participation from Tola Capital. In addition to the funding, Sheila Gulati, managing director of Tola Capital, will join Pulumi’s board of directors.

SCF Ventures funds Ruths.ai

Houston-based data science company Ruths.ai has secured an undisclosed amount of funding. The investor was SCF Ventures.

Icon expands sixth fund to $375 mln, sells prior fund assets to Lexington

Icon Ventures, which backs Series B and C deals, announced it has expanded its current fund to $375 million from $265 million. Icon Managing General Partner Joe Horowitz said in a blog post the firm expanded its sixth fund to better compete in an environment that includes mega-funds and swelling round sizes. The firm said the expanded fund came with the support of current investors and by adding new investors, including Lexington Partners and the George Kaiser Family Foundation. Lexington Partners also completed a separate deal with Icon, acquiring all the remaining assets of Funds III and IV in a secondary transaction.

Plaid looks to raise $200 mln: Bloomberg

Plaid Technologies Inc is discussions to raise $200 million and is in talks with parties including Kleiner Perkins Caufield & Byers, Bloomberg reported. Plaid makes developer tools that powers financial apps like Venmo and Coinbase, the story said. Business Insider said Plaid is raising funding that values the company at $2 billion.

Tiger Global raises $3.75 bln in latest VC fund: Financial Times

Tiger Global’s latest venture capital fund has raised $3.75 billion, the Financial Times reported. The fund, Private Investment Partners XI, was initially seeking $3 billion, the story said. It will focus on consumer internet, cloud and industry-specific software, as well as direct-to-consumer companies in China, India and the US, the FT said.

Next Century Spirits inks $3.6 mln

Next Century Spirits, a spin-off of Anavo Technologies, has raised $3.6 million in funding. Blue Hill Group led the round. Based in Raleigh, North Carolina, Next Century Spirits specializes in custom distilled spirits, brand and label development and bulk liquors.

Blockchain security company BitGo pulls in $57.5 mln Series B

Palo Alto, California-based BitGo, a blockchain security company, has raised $57.5 million in Series B funding. The company's investors include Goldman Sachs, Galaxy Digital Ventures Valor Equity Partners, Craft Ventures, DRW and Redpoint Ventures.

Matchstick Ventures gathers over $12 mln for sophomore fund

Matchstick Ventures has raised over $12 million for its second fund, according to an SEC filing. The target is $25 million. The Minnesota-based venture firm invests in early-stage tech companies.

Future Family takes in $10 mln Series A

Future Family, which offers monthly payment solutions for fertility services, has raised $10 million in Series A funding. Aspect Ventures led the round with participation from iNovia, BBG Ventures, LaunchCapital, RiverPark Ventures, Ulu Ventures, Day One Ventures and Portfolia. In addition to the funding, Aspect Ventures Partner Lauren Kolodny will join the Future Family's board of directors.