Private Equity
Microsoft Corp said June 4 that it agreed to buy GitHub for $7.5 billion in stock. The deal is expected to close by the end of the calendar year. GitHub, of San Francisco, is a software development platform where more than more than 28 million developers learn, share and collaborate. GitHub has raised $350 million in funding, crunchbase said. Investors include Sequoia Capital, Andreessen Horowitz and Thrive Capital.
4 min read · 04 June 2018
ENYO Pharma said June 4 that it raised 40 million pounds ($53.5 million) in a series B round led by OrbiMed, followed by Andera Partners (previously EDRIP) and Bpifrance Large Venture as new shareholders. Existing shareholders, Sofinnova Private Capital VII, Morningside Venture Investments, InnoBio and Inserm Transfert Initiative also participated to this round. ENYO is a clinical stage biotech company.
5 min read · 04 June 2018
Chainvine said June 4 that it raised a 2.5 million pound funding ($3.34 million) round led by Deepbridge Capital. Chainvine, of Stockholm and London, creates databases and ledgers using blockchain technology.
2 min read · 04 June 2018
Toronto and Montreal-based NorthOne, a digital-only banking platform, has secured C$2 million in seed funding. The investors included Ferst Capital Partners. The capital infusion will be used for personnel hiring and a complete development of the NorthOne platform ahead of a late 2018 launch.
3 min read · 01 June 2018
WhereTo said it raised $8 million of Series A capital in a round led by Emergence Capital. It previously raised a seed round from 500 Startups, Rob Dyrdek and Stage Venture Partners.
4 min read · 01 June 2018
Romulus Capital has raised $15 million for its third fund, according to an SEC filing. No target was listed on the document. Boston-based Romulus Capital is an early-stage venture firm focused on tech companies.
1 min read · 01 June 2018
CAST, a provider of software intelligence, has raised $12 million in funding. The investors included DevFactory, CM-CIC Investment, Keren Finance and the Boston Consulting Group.
2 min read · 01 June 2018
Malvern, Pennsylvania-based Neuronetics, a medical device company focused on improving the quality of life for patients who suffer from psychiatric disorders, has filed for an IPO. Neuronetics will trade the stock on the NASDAQ under the ticker symbol "STIM." Piper Jaffray & Co and William Blair & Company are serving as the lead underwriters. The investors 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 · 01 June 2018
San Francisco-based Weights & Biases, a newly launched enterprise AI platform, has secured $5 million in Series A funding. Trinity Ventures and Bloomberg Beta led the round.
1 min read · 01 June 2018
Dover, Delaware and Shanghai-based Xynomic Pharma, a cancer drug developer, has raised an undisclosed amount of financing. Northern Light Venture Capital, Zhongshan Bison Healthcare Investment Limited and Hakim Unique Internet Company Limited led the round with participation from other investors that included Prosperico Ventures.
1 min read · 01 June 2018
