US

Clozette raises $10 mln

Clozette said April 9 that it raised $10 million in Series C funding from Cool Japan Fund. Clozette, of Singapore, is a media company.

Encore Dermatology secures $20 mln from Horizon

Horizon has provided a $20 million venture loan facility to Encore Dermatology. Headquartered in Malvern, Pennsylvania, Encore Dermatology is a specialty dermatology company. Encore is backed by EW Healthcare Partners, 1315 Capital and Longitude Capital.

New kidney care company Strive Health grabs funding

Strive Health, a kidney care company, has raised an undisclosed amount of funding. New Enterprise Associates led the round with participation from Ascension Ventures, Town Hall Ventures and Echo Health Ventures.

RMG Global wraps up biopharma fund at $64 mln

RMG Global has closed its biopharma investment fund at $64 million. The fund is focused on biotherapeutics developed within the Israel-based FutuRx incubator, established by OrbiMed Israel, Johnson & Johnson Innovation and Takeda Ventures in cooperation with the Israel Innovation Authority.

VC-backed Aceable appoints one as CFO and another as finance VP

Austin-based Aceable, a provider of digital high-stakes education, has named Justin Kvasnicka as chief financial officer and Nancy Spencer as vice president of finance. Previously, Kvasnicka worked at RetailMeNot while Spencer worked at Google. Aceable is backed by Sageview Capital, Silverton Partners, Floodgate Fund, Next Coast Venture Partners, Wildcat Venture Partners, Nextgen Partners and the Capital Factory Fund.

Summit Partners backs Klaviyo

Klaviyo has raised $150 million in Series B funding, according to a blog post on its site. The investor was Summit Partners. Based in Boston, Klaviyo is a provider of ecommerce marketing solutions.

Simudyne picks up $6 mln Series A

London-based Simudyne, a simulation technology company, has secured $6 million in Series A funding, Barclays led the round with participation from other investors that included Graphene Ventures and Gauss Ventures.

RiskLens inks $20.55 mln Series B

RiskLens, a provider of cyber risk quantification and cyber risk management software, has raised $20.55 million in Series B funding. Paladin Capital Group led the round.

Eduardo Saverin's VC firm B Capital racks up over $406 mln for sophomore fund

B Capital, a venture firm co-founded by Facebook co-founder Eduardo Saverin, has raised over $406 million for its second fund, according to an SEC filing. No target was listed in the document. With offices in Los Angeles, San Francisco, Singapore and New York, B Capital invests in tech companies.

Upstart snags $50 mln

San Francisco-based Upstart, an artificial intelligence lending platform, has secured $50 million in funding. The investors were Progressive Investment Company Inc, Healthcare of Ontario Pension Plan and First National Bank of Omaha.