US

Element451 fetches $1 mln seed

Raleigh, North Carolina-based Element451, a creator of a cloud-based customer relationship management platform, has secured $1 million in seed funding. The investor was Cofounders Capital.

RigUp raises $300 mln

RigUp said Oct. 10 that it raised a $300 million Series D round led by Andreessen Horowitz (a16z) with participation from existing investors, including Founders Fund, Bedrock Capital, and Quantum Energy Partners. New investors include Baillie Gifford and Brookfield Growth Partners. RigUp, of Austin, provides a marketplace for on-demand services and skilled labor.

IM Therapeutics locks in $10 mln Series A

Woburn, Massachusetts-based mmunoIMolecular Therapeutics, a developer of personalized therapies for autoimmune disease, has raised $10 million in Series A financing. JDRF T1D Fund and Morningside Ventures led the round with participation from the Colorado University Healthcare Innovation Fund.

Emplify raises $10 mln

Emplify said Oct. 10 that it raised a $15 million funding round led by Edison Partners. Prior investors, including Allos Ventures, Cultivation Capital, Mark Hill, Bob Davoli from Gutbrain Ventures and 4G Ventures managing director Bill Godfrey, participated in the round. Emplify, an employee engagement company, said it hired George Tate as SVP of Sales.

Medical device firm Soliton to raise $6.25 mln in private placement

Soliton Inc, a medical device company, has agreed to raise $6.25 million in a private placement. Remeditex Ventures LLC led the financing.

Next Ventures taps Strong as managing partner

Austin, Texas-based Next Ventures, a venture firm focused on sports, fitness, nutrition, and wellness markets, has named Melanie Strong as a managing partner. Previously, Strong was a member of the firm's advisory board. Next Ventures was founded by Lance Armstrong and Lionel Conacher.

Satelles raises $26 mln

Satelles Inc raised $26 million in a funding round led by C5 Capital. Satelles, of Redwood City, California, provides time and location technology that is delivered over the Iridium constellation of low-Earth-orbit (LEO) satellites.

Razberi Technologies gathers $5.8 mln

Razberi Technologies, a provider of simple, secure video surveillance and IoT solutions, has raised $5.8 million in funding. LiveOak Venture Partners led the round.

Unusual Ventures, Defy invest in Seattle cybersecurity company Shujinko

Seattle-based Shujinko, a provider of cloud compliance software, announced it has raised a $7.5 million in Series A funding. Unusual Ventures led the round with participation from returning investor Defy as well as angel investors. Shujinko, originally incubated and spun out from Pioneer Square Labs, has raised $10.3 million in funding to date.

AI company Umbo Computer Vision pulls in $8 mln

Umbo Computer Vision, an artificial intelligence company, has raised $8 million in funding, bringing the total tally to $17.6 million. Translink Capital and Susquehanna International Group led this round.