North America

RefleXion Medical rakes in over $100 mln Series C

Hayward, California-based RefleXion Medical, a developer of biology-guided radiotherapy system for targeted cancer treatment, has raised more than $100 million in Series C funding. The Rise Fund, an impact investment fund managed by TPG Growth, led the round with participation from other investors that included T. Rowe Price Associates, Inc, GT Healthcare Capital Partners, Sofinnova Partners, KCK Group, Venrock, Pfizer Venture Investments and Johnson & Johnson Innovation – JJDC Inc.

Arkera secures funding

London and New York City-based Arkera, an artificial intelligence platform "that's transforming personal investing," has raised 4 million pounds in funding. XTX Markets and Alan Howard led the round with participation from other investors that included DOCOMO Digital and Henry Ritchotte.

Suplari nabs $10.3 mln Series A

Seattle-based Suplari, an AI-driven insights platform for procurement, has raised $10.3 million in Series A financing. Shasta Ventures led the round with participation from other investors that included Two Sigma Ventures, Workday Ventures, Madrona Venture Group and Amplify Partners.

ITBMed pulls $67 mln

ITBMed has raised up to $67 million in funding. Pablo Legorreta, the founder and CEO of Royalty Pharma, was the lead investor. Carnegie Investment Bank advised ITBMed on the transaction with Baker McKenzie providing legal advice. And, Goodwin Procter LLP was legal adviser to Pablo Legorreta. Based in Sweden, ITBMed is a biopharmaceutical company developing specific immunomodulatory biologics for organ transplantation, stem cell transplantation and gene therapy.

Georgian invests in Welltok's $75 mln Series E2 round

U.S. consumer health enterprise software company Welltok Inc has secured US$75 million in a Series E2 financing. The round saw participation from both new and existing investors, including Canadian growth equity firm Georgian Partners. Denver, Colorado-based Welltok, founded in 2009, said the funds raised will be used for product development, expansion in new market segments, and integration of acquired assets and capabilities. Last October, the company bought Tea Leaves Health, an analytics and marketing platform used by hospital systems.

Comet.ml pockets $2.3 mln seed

New York City-based Comet.ml, a machine learning platform, has raised $2.3 million in seed funding. Trilogy Equity Partners led the round with participation from other investors that included Two Sigma Ventures, Founders Co-Op, Fathom Capital and Techstars Ventures. Comet.ml is a graduate of the Amazon Alexa Accelerator program.

BetterCloud takes in $60 mln Series E

New York City-based BetterCloud, an SaaS operations management platform, has raised $60 million in Series E financing. Bain Capital Ventures led the round with participation from return backers Accel, Greycroft Partners, Flybridge Capital Partners, Tribeca Venture Partners and New Amsterdam Growth Capital. In conjunction with the funding, Enrique Salem, managing director at Bain Capital Ventures and former president and CEO of Symantec, will join BetterCloud's board of directors.

Nantero racks up $29.7 mln

Woburn, Massachusetts-based Nantero, a developer of next-generation memory using carbon nanotubes, has raised a total of $29.7 million in funding. The company's investors include Cisco Investments, CFT Capital and Dell Technologies Capital.

Chainalysis raises $16 mln from Benchmark

New York-based Chainalysis, which has rolled out new compliance software to enable exchanges, brokers and banks to monitor their cryptocurrency transactions, announced it has raised $16 million in Series A round of funding from Benchmark. As part of the funding, Benchmark General Sarah Tavel is joining the company board. This is her first deal since joining the firm last year. The company, founded in 2014 by Jan Moller, Jonathan Levin and Michael Gronager, has now raised $17.6 million in total funding. Seed investors include TechStars, Digital Cureency Group and PointNine Capital.

Igloohome nets $4 mln

Singapore-based Igloohome, a provider of versatile smart access solutions, has secured $4 million in funding. Insignia Ventures Partners led the round with participation from other investors that included Phillip Private Equity, X Capital Ventures and Wavemaker Partners.