US

Good Growth Capital launches new fund

Good Growth Capital has launched Infinite Corridor Fund, an early-stage fund focused on investing in MIT-related and science-based companies. The target was not specified.

Ribometrix snags $7.8 mln

Durham, North Carolina-based Ribometrix, a biotechnology company developing small molecule therapeutics that directly target RNA to treat human diseases, has secured $7.8 million in funding. The backers are Dementia Discovery Fund and Illumina Ventures. In addition to the funding, Ribometrix has named Dr. Mike Clayman as chairman of the board of directors.

Trinity Ventures names two EIRs

Trinity Ventures has named Brett Wilson and Neil Daswani as executives in residence. Wilson is the former CEO and co-founder of Trinity portfolio company TubeMogul while Daswani is co-founder and co-director of Stanford's Advanced Computer Security Certificate Program.

BetterCloud reels in $5 mln

New York City-based BetterCloud, a SaaS operations management platform, has secured $5 million in funding. The investor was Dropbox. The capital will be used for growth and platform development.

Balto attracts $3 mln seed

Balto, a provider of real-time artificial intelligence call guidance software, has secured $3 million in seed funding. OCA Ventures and Stage Venture Partners led the round.

Honeycomb rakes in $11.4 mln

Honeycomb.io, a provider of observability solutions for modern developer teams, has secured $11.4 million in funding. Scale Venture Partners led the round with participation from other investors that include Storm Ventures, eVentures, NextWorld Capital and Merian Ventures. In addition to the funding, Ariel Tseitlin from Scale Venture Partners will join Honeycomb's board of directors.

CRV leads funding in Gatsby's $15 mln round

Berkeley, California-based Gatsby, which operates a platform for building websites, announced it raised $15 million in Series A funding. CRV led the round, with previous seed investors Trinity Ventures, Mango Capital, Fathom Capital and Dig Ventures also participating. In addition, Kong CEO Aghi Marietti and Scott Belsky, founder of Behance and CPO at Adobe, also invested. As part of the funding round, CRV General Partner Devdutt Yellurkar has joined the board.

Terminal locks in $17 mln Series B in 8VC-led round

San Francisco and New York-based Terminal, a remote teams company, has raised $17 million in Series B funding. 8VC led the round.

Booksy raises $28.5 mln

Booksy said Sept. 26 that it raised $28.5 million in a Series B2 financing round led by existing investors existing investors Piton Capital, Enern, and others as well as new investors, Industry Ventures and XG Ventures. Also participating were individual investors such as Zach Coelius (founder of Triggit), Kai Hansen (Booksy board member), Chris Guzowski, Haanes Graah (vice president of growth, Revolut; former global head of new markets, Spotify), Piotr Jakubowski and Rohan Monga (former CMO and COO of Go-Jek, respectively). Booksy is a mobile marketplace for appointment-driven beauty services.

Maven Ventures collects $65 mln for third fund

Maven Ventures has raised $65 million for its third fund, according to a blog post on its site. The fund will make seed investments between $750,000 and $1 million in software startups.