US

Greenspring Associates leads $43 mln funding in Salsify

Boston-based Salsify, which operates a product platform that lets brands market to shoppers, announced it has raised $43 million in Series D funding. Greenspring Associates led the round, which included participation from existing investors Matrix Partners, Venrock, Underscore VC and North Bridge Venture Partners. The company, founded in 2012, has now raised more than $98 million in total financing.

Cybersecurity investor Ten Eleven raises $140 mln for growth fund, adds Temasek as LP

Burlingame, California-based cybersecurity-focused investor Ten Eleven Ventures announced it has raised $140 million for its second growth fund. The firm, managed by Alex Doll, a digital-security entrepreneur and son of DCM Ventures co-founder Dixon Doll, and investor Mark Hatfield, said it added several new investors into the fund, including Singapore LP Temasek. Ten Eleven said it will work with Temasek to expand geographically, including into Southeast Asia, where the firm says its portfolio companies are aiming to reach when they hit the point of scaling.

Steady procures $9 mln Series A

Steady, an income-building platform for the build-your-own workforce, has raised $9 million in Series A financing. Propel Venture Partners led the round with participation from other investors that included Omidyar Network, 25Madison, Clocktower Ventures and Commerce Ventures. In addition to the funding, Steady has named Shaquille O’Neal as an adviser and advocate for the BYO workforce.

MOV.AI raises $3 mln in Viola Ventures, NFX led deal

MOV.AI said it raised $3 million of seed capital is a deal led by Viola Ventures and NFX. The company is developing an operating system for autonomous robots in commercial settings.

Digital health platform Worklete inks $6.5 mln Series A

San Francisco-based Worklete, a digital health platform designed to prevent musculoskeletal injuries among labor intensive workforces, has raised $6.5 million in Series A funding. Trinity Ventures led the round with participation from other investors that included Launch Capital, River Park Ventures, Aspect Ventures and Kapor Capital. In conjunction with the funding, Karan Mehandru from Trinity Ventures will join the company’s board of directors.

August Capital targets $250 mln for eighth fund

August Capital is seeking to raise $250 million for its eighth fund, according to an SEC filing. Based in Menlo Park, California, the venture firm is focused on information technology.

Cure Genetics lands $17 mln Series A

Cure Genetics Co. Ltd, a biotech company, has secured $17 million in Series A financing. Qiming Venture Partners led the round with participation from other investors that included CTS Capital and Ascendin Investment.

Ample snags $31 mln Series A

San Francisco-based Ample, a technology company focused on solving the energy delivery challenge for electric cars, has secured $31 million in Series A financing. Shell Ventures led the round with participation from Moore Strategic Ventures, Repsol Energy Ventures, Hemi Ventures and TRIREC. In addition to the funding, Steve McGrath of Shell Ventures and James McIntyre of Moore Strategic Ventures, have been named to Ample’s board of directors.

InVia Robotics fetches $20 mln Series B

InVia Robotics, a provider of robotics warehouse automation solutions for ecommerce fulfillment centers, has raised $20 million in Series B funding. Point72 Ventures led the round with participation from other investors that included Upfront Ventures and Embark Ventures.

Karuna Pharmaceuticals nabs $42 mln Series A

Boston-based Karuna Pharmaceuticals, which is focused on targeting muscarinic receptors for treating disorders marked by psychosis and cognitive impairment, has secured $42 million Series A financing. The investors included ARCH Venture Partners.