US

Axial Biotherapeutics scores $10 mln

Axial Biotherapeutics, a developer of gut-targeted therapeutics for neurodegenerative diseases and neurodevelopmental disorders, has secured $10 million in funding. The backer was Taiho Ventures LLC.

Druva racks up $130 mln

Sunnyvale, California-based Druva Inc, a provider of cloud data protection and management solutions, has secured $130 million in funding. Viking Global Investors led the round.

Tangen Biosciences lands $9 mln Series A

Branford, Connecticut-based Tangen Biosciences Inc, a molecular diagnostics company, has raised $9 million in Series A funding. Connecticut Innovations led the round with participation from other investors that included VC23, Axiom and Leading Edge Ventures.

TrueFort nabs $13.7 mln Series A

TrueFort, an application behavior security analytics company, has raised $13.7 million in Series A funding. Evolution Equity Partners, led the round with participation from Lytical Ventures and Emerald Development Managers. As part of the financing, Karthik Subramanian, a partner at Evolution Equity Partners is joining TrueFort’s board of directors.

Houston-based Mercury Fund raises more than $82 mln, seeks $125 mln

Houston, Texas-based Mercury Fund has raised $82.25 million of a $125 million targeted fourth fund, Mercury Fund Ventures IV, according to a regulatory filing. The fund is the firm's largest to date, having closed on $105 million in 2014. The commitments to date have come from 85 investors, according to the filing.

Revelstoke raises over $437 mln for sophomore fund

Revelstoke Capital Partners has raised over $437 million for its second fund, according to an SEC filing. No target was listed in the document. The Denver-based private equity firm invests in healthcare and related business services.

Sequoia Capital India collects $694.5 mln for sixth fund

Sequoia Capital India has raised $694.5 million for its sixth fund, according to an SEC filing. No target was listed in the document.

Bitwise Industries racks up $27 mln

Fresno, California-based Bitwise Industries, a tech ecosystem, has raised $27 million in Series A financing. Kapor Capital and New Voices Fund led the round.

Ideaship invests in WAVE

Westport, Connecticut-based WAVE, an aquatic safety startup, has secured an undisclosed amount of seed funding. The backer was Ideaship.

Defendify cobbles together $1.6 mln

Defendify, a cybersecurity startup, has secured $1.6 million in funding. The investors included Maine Technology Institute and 3dot6 Ventures.