Private Equity
New York City-based Fourpost, a "new retail concept," has raised $5 million in funding. Fourpost's investors include Susa Ventures, Collaborative Ventures, Blumberg Capital, Ludlow Ventures, Supernode Ventures, T5 Capital, Accelerator Ventures, Social Capital and Hersz Capital.
1 min read · 17 October 2018
Pleasanton, California-based SafeTraces Inc, a provider of on-food safety solution, has raised $10 million in funding. S2G Ventures and Bunge Ventures led the round.
1 min read · 17 October 2018
French biotech firm Acticor Biotech has secured 15.3 million euros in Series B funding. Newton BioCapital led the round with participation from other investors that included Mirae Capital, CMS Medical Venture Investment Limited, A&B (HK) and CapDecisif Management.
1 min read · 17 October 2018
Revolution Medicines is acquiring Cambridge, Massachusetts-based Warp Drive Bio, an antibiotics developer. No financial terms were disclosed. The deal is expected to close by the end of this month. Warp Drive Bio is backed by Third Rock Ventures, Sanofi and Greylock.
3 min read · 17 October 2018
Santa Clara, California-based SI-BONE Inc, a medical device company, has debuted its IPO after pricing its 7.2 million shares at $15 per share. The stock began trading October 17, 2018 on the NASDAQ under the ticker symbol "SIBN." Morgan Stanley and BofA Merrill Lynch are the lead underwriters. SI-BONE’s pre-IPO backers included Redline Capital Management, Orbimed, Novo A/S, Skyline Ventures and Montreux Equity Partners.
2 min read · 17 October 2018
Devoted Health, a healthcare company, has raised $300 million in funding, according to a post. Andreessen Horowitz led the round.
1 min read · 17 October 2018
New York, Boston and Israel-based WhiteSource, a provider of open source security management, has secured $35 million in funding. Susquehanna Growth Equity led the round with participation from return backers 83North and M12 - Microsoft Ventures.
3 min read · 17 October 2018
Canadian growth equity firm Georgian Partners has led the US$25 million Series B financing of Stratifyd, a Charlotte, North Carolina-based end-to-end customer analytics platform. The round, which included existing investors, will see Georgian Partner Tyson Baber join the board. Founded in 2015, Stratifyd's platform utilizes artificial intelligence to help enterprises generate insights that lead to customer retention, improved products and services, and greater revenue. The funds raised will be used to deepen AI capabilities in unsupervised machine learning and natural language processing, and expand Stratifyd’s product offering to focus on key verticals.
3 min read · 17 October 2018
Lucidchart, a cloud-based visual productivity platform, has raised $72 million in funding. The investors were Meritech Capital, ICONIQ Capital and Spectrum Equity.
3 min read · 17 October 2018
CuraSen Therapeutics Inc, a developer of therapies to treat neurodegenerative diseases, has raised $54.5 million Series A financing. New Leaf Venture Partners led the round.
1 min read · 17 October 2018