US

SentryHealth nabs $9.5 mln Series A

Louisville, Kentucky-based SentryHealth, a healthcare company formerly known as Edumedics, has closed $9.5 million in Series A financing. Lunsford Capital led the round.

ThirdChannel appoints CFO

ThirdChannel, a provider of of retail execution and analytics solutions for consumer brands, has named John Reilly as chief financial officer. Previously, Reilly worked at Cryptzone where he was a global controller. ThirdChannel's backers include Fung Capital.

Otsuka to buy VC-backed Visterra for about $430 mln

Otsuka has agreed to acquire Visterra, a developer of antibody-based therapies for the treatment of patients with kidney diseases and other hard-to-treat diseases, for about $430 million in cash. The deal is expected to close in the third quarter of this year. Visterra is backed by Polaris Partners, Flagship Pioneering, the Bill and Melinda Gates Foundation, MRL Ventures Fund, Vertex Ventures HC, Serum Institute of India Private Ltd., Temasek Holdings, Omega Funds, Cycad Group, Lux Capital, Alleghany Financial Group Ventures, CTI Life Sciences Fund and Alexandria Equities.

Team management platform Monday.com inks $50 mln Series C

Tel Aviv and New York-based Monday.com, a team management platform, has raised $50 million in Series C funding. Stripes Group led the round with participation from return backers Insight Venture Partners and Entrée Capital.

DIRT Protocol grabs $3 mln seed

DIRT Protocol has raised $3 million in seed funding, according to a blog post. The investors included General Catalyst, Greylock, Lightspeed, Pantera Capital, Digital Currency Group and SV Angel. DIRT is a protocol for decentralized information gathering.

PactSafe lands $5.5 mln Series A

Indianapolis-based PactSafe, a cloud-based contracting platform, has closed $5.5 million in Series A funding. Mercury Fund and Signal Peak Ventures led the round with participation from Elevate Ventures and Vulpes Testudo.

Tamr scores $18 mln

Cambridge, Massachusetts and San Francisco-based Tamr Inc, a provider of data unification solutions, has secured $18 million in funding. The investors included SBI Investment, INTAGE Open Innovation Fund, Samsung Ventures, Fenox Venture Capital, Alumni Ventures Group, New Enterprise Associates and GV.

Redpoint leads $83 mln funding of Next Insurance

Palo Alto, California-based Next Insurance, provider of online insurance services for small businesses, announced it has raised $83 million in Series B funding. Redpoint Ventures led the round, which included Nationwide Insurance, Munich Re, American Express Ventures, Ribbit Capital, SGVC, TLV Ventures and Zeev Ventures. The company has now raised $131 million since it was founded in 2016. As part of the round, Elliot Geidt, managing director of Redpoint, will join the board.

Forbion Fund IV raises 270 mln euros

Forbion said July 11 that its fourth flagship fund closed on 270 million euros ($316.3 million), surpassing its 250 million euros target. Forbion IV will focus on biotech and seek to invest in about 15 companies, mainly in the EU and UK.

Juul Labs raises $650 mln at $15 bln valuation: Financial Times

Juul Labs, the ecigarette startup, has closed on the first $650 million of a $1.25 billion funding round, the Financial Times reported, citing a regulatory filing. Tiger Global is leading the round which values Juul at $15 billion, the story said.