US

Sumo Logic racks up $110 mln

Redwood City, California-based Sumo Logic, a cloud-native, machine data analytics platform, has secured $110 million in funding. Battery Ventures led the round with participation from other investors that included Tiger Global Management and Franklin Templeton.

Velano Vascular grabs $10 mln

San Francisco-based Velano Vascular, which is focused on lowering the pain, risk, and inefficiencies of vascular access and blood collection practices, has raised $10 million in funding. The investors included Intermountain Healthcare.

ChowNow inks $21 mln Series C

ChowNow, an online ordering platform for local, independent restaurants, has raised $21 million in Series C funding. The investors included 3L Capital and Catalyst Investors.

GoBear lands $80 mln

Asian financial supermarket GoBear has secured $80 million in funding. The investors were Walvis Participaties and Aegon N.V.

Echo Health Ventures leads $33 mln round for DispatchHealth

DispatchHealth, a provider of on-demand health care, has raised $33 million in financing. Echo Health Ventures led the round with participation from other investors that included Alta Partners and Questa Capital.

Horizon provides $5 mln to medical device firm Meditrina

Horizon Technology Finance Corporation has provided a $5 million venture loan facility to Meditrina Inc. Based in located in Cupertino, California, Meditrina is a medical device company.

Yes VC, seeking $50 mln, holds interim close for inaugural fund

San Francisco-based Yes VC has raised $10.755 million toward a $50 million target for its inaugural fund, according to a regulatory filing. The filing reports 44 investors have so far backed the firm, which makes pre-seed and seed-stage investments. The firm was launched last year by Caterina Fake and Jyri Engeström and this year added David Pickerell as an associate.

SaaStr co-founder Mallun Yen seeks $30 mln for Operator Collective

Mallun Yen, co-founder of the blogging platform SaaStr, is seeking to raise $30 million for a venture fund called Operator Collective, according to a regulatory filing. The fund has not yet raised any commitments.

Data Gumbo Corp attracts $6 mln Series A

Houston-based Data Gumbo Corp, a blockchain-as-a-service platform provider, has raised $6 million in Series A funding. Saudi Aramco Energy Ventures led the round.

VC-backed BitPay appoints Braganza as CFO

BitPay, a global blockchain payments provider, has named Glen Braganza as chief financial officer. Previously, he was CFO at Worldpay US. BitPay's investors included Founders Fund, Index Ventures and Aquiline Technology Growth.