Private Equity
Venice, California-based electric scooter provider Bird, which has been rumored for weeks to be raising a large round at a billion-dollar valuation, announced it has closed its Series C funding at $300 million. Sequoia Capital led the round, which included new investors Accel, B Capital, CRV, Sound Ventures, Greycroft Partners and e.ventures, as well as previous investors Craft Ventures, Index Ventures, Valor, Goldcrest, Tusk Ventures and Upfront Ventures. As part of the funding, Sequoia Partner Roelof Botha has joined the board.
3 min read · 28 June 2018
Neuronetics, a medical device company, has gone public after pricing its IPO of 5.5 million shares at $17 per share. The stock began trading on the NASDAQ under the ticker symbol "STIM." Piper Jaffray & Co. and William Blair & Company LLC are the lead underwriters. Neuronetics' pre-IPO backers included Ascension Ventures, Accuitive Medical Ventures, GE Ventures, Interwest Partners, New Leaf Venture Partners, Onset Ventures, Polaris Venture Partners and Three Arch Partners.
3 min read · 28 June 2018
Menlo Park, California-based Forty Seven, a clinical stage immuno-oncology company, has debuted its IPO after pricing its over 7 million shares at $16 per share. The stock began trading June 28, 2018 on the NASDAQ under the ticker symbol "FTSV." Morgan Stanley and Credit Suisse are the lead underwriters. Forty Seven's pre-IPO backers include Wellington Management Company LLP, Clarus, Lightspeed Venture Partners, Sutter Hill Ventures and GV.
2 min read · 28 June 2018
San Francisco-based Unblockable, a provider of blockchain technology for the sports collectibles market, has secured $5 million in funding. The investors were Shasta Ventures and Lightspeed Venture Partners.
1 min read · 28 June 2018
Tel Aviv-based Silverfort, a authentication provider, has raised $11.5 million in Series A funding. TLV Partners led the round with participation from StageOne Ventures and Singtel Innov8.
1 min read · 28 June 2018
Portland, Oregon-based Bumped, a developer of stock-based loyalty programs for brands, has secured $14.1 million in Series A funding, according to a blog post. Canaan led the round with participation from other investors that included Peninsula Ventures, Commerce Ventures and Oregon Venture Partners.
1 min read · 28 June 2018
California-based Roadster, a provider of commerce solutions for car dealers, has secured $15 million in funding, according to a blog post. Costanoa Ventures led the round.
1 min read · 28 June 2018
San Diego-based Cordial, a next-generation email platform, has secured $15 million in Series B funding, according to a blog post on its site. PeakSpan Capital led the round with participation from Upfront Ventures and High Alpha.
1 min read · 28 June 2018
Paris and San Francisco-based Dreem, a neurotechnology company, has secured $35 million in funding. The lead investors were Johnson & Johnson Innovation - JJDC and Bpifrance.
1 min read · 28 June 2018
Cedar, a patient financial management platform for hospitals, health systems and independent medical groups, has raised $36 million in Series B funding. Kinnevik led the round with participation from other investors that included Founders Fund, Thrive Capital, Lakestar and Sound Ventures.
1 min read · 28 June 2018
