Private Equity
Industry Ventures has closed its fifth hybrid fund of funds at $335 million. The San Francisco-based venture firm focuses on secondary investments, hybrid fund of funds investments and direct co-investments.
2 min read · 29 June 2018
Domo Inc, a developer of cloud-based enterprise software, has debuted its IPO after pricing its 9.2 million shares at $21 per share. The stock began trading June 29, 2018 on the NASDAQ under the ticker symbol "DOMO." Morgan Stanley, Allen & Company LLC, Credit Suisse Securities (USA) LLC and UBS Securities LLC are the lead underwriters. Domo’s pre-IPO backers include Institutional Venture Partners, Benchmark Capital, BlackRock, TPG, Andreessen Horowitz and GGV.
2 min read · 29 June 2018
Portland, Maine-based MedRhythms, digital therapeutics company, has raised $5.3 million in Series A financing. Peter J. Werth of Werth Family Investment Associates was the lead investor.
1 min read · 29 June 2018
Travel brand Away has secured $50 million in Series C funding. Forerunner Ventures, Global Founders Capital and Comcast Ventures.
1 min read · 29 June 2018
Veridium, a provider of strong authentication solutions using biometrics instead of passwords and tokens, has raised $16.5 million in Series B funding. Michael Spencer led the round with participation from Citrix Systems and Michael Powell.
1 min read · 29 June 2018
China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said on Friday.
3 min read · 29 June 2018
Inbox Health, a provider of patient communications and payments for medical billers, has raised $2.4 million in funding. Connecticut Innovations led the round with participation from other investors that included I2BF Global Ventures, Launch Capital and Enhanced Capital.
1 min read · 29 June 2018
State College, Philadelphia-based 1855 Capital, a new venture fund, has made an investment in Pledge It, a sport-based crowdfunding platform. No financial terms were disclosed.
1 min read · 29 June 2018
Canadian blockchain venture firm TJ Game Capital has acquired CGC, a blockchain technical team and its gaming platform CGCG. No financial terms were disclosed. Andrea Lavezzoli, a member of CGC, will head the gaming platform team as CTO.
2 min read · 29 June 2018
Shanghai-based I-Mab Biopharma, which focuses on biologics in therapeutic areas of immuno-oncology and immuno-inflammation, has closed $220 million in Series C funding. Hony Capital led the round with participation from Hillhouse Capital, HOPU Investments, CDH Investment, Ally Bridge Group, EDBI, C-Bridge Capital and Tasly Capital. China Renaissance served as financial adviser on the transaction.
1 min read · 29 June 2018
