US

Noodle Partners takes in about $14 mln Series A

Noodle Partners Inc, which helps colleges and universities expand access to and decrease the cost of online higher education, has raised about $14 million in Series A funding. Owl Ventures led the round.

NS8 grabs $7.5 mln in Arbor Ventures-led round

Arlington, Virginia-based NS8, an ecommerce fraud prevention solutions provider, has raised $7.5 million in funding. Arbor Ventures led the round with participation from return investors TDF Ventures and Hanna Ventures.

Israeli bio-pharmceutical startup ChemomAb snags $10 mln

ChemomAb, an Israeli bio-pharmaceutical start-up, has closed $10 million in funding. OrbiMed Israel and Peter Thiel led the round with participation from SBI Japan-Israel Innovation Fund and Milestone Venture.

VC-backed hair color brand Madison Reed adds new VP to team

Madison Reed, a hair color brand, has named David Stanko as vice president of technical design and education. Previously, Stanko worked at Redken 5th Avenue NYC, a L'Oreal division, where he was master colorist and brand ambassador. Madison Reed's backers include Comcast Ventures, Norwest Venture Partners, True Ventures and Calibrate Ventures.

VC-backed Outpost Medicine hires chief medical officer

Indianapolis and London-based Outpost Medicine, a biopharmaceutical company focused on treating urologic and gastrointestinal disorders, has named Dr. Ian Mills as chief medical officer. Previously, Mills worked at Mitsubishi Tanabe Pharma Europe where he was head of clinical development. Outpost Medicine is backed by Frazier Healthcare Partners, Adams Street Partners, Novo Holdings A/S, Vivo Capital and Takeda Ventures.

Elsen pulls in $2.4 mln

Elsen, a platform-as-a-service company for large financial institutions, has raised $2.4 million in funding. Hyperplane Venture Capital led the round with participation from other investors that included Accomplice and Launch Capital. In addition to the funding, Hyperplane Managing Partner Jack Klinck will join the company’s board of directors as chairman.

Guardian Optical Technologies nabs $5.1 mln Series A

Tel Aviv-based Guardian Optical Technologies, an advanced 3D sensor developer, has raised $5.1 million in Series A funding. The investors were Maniv Mobility and Mirai Creation Fund.

Norwest exits iCardiac

Norwest sold iCardiac Technologies, a provider of centralized cardiac safety and respiratory solutions. The buyer is ERT. No financial terms were disclosed.

Judge rules in favor of NVCA in suit against DHS over delay of international entrepreneur rule

A judge has ruled in favor of the National Venture Capital Association’s legal challenge against the Department of Homeland Security’s plans to delay the International Entrepreneur Rule. DHS is now required to begin accepting applications of foreign entrepreneurs who wish to build their companies in the U.S., according to a release sent by the NVCA.

LRI Vision Partners targets $50 mln first fund

LRI Vision Partners is raising a first fund targeted at $50 million, according to a regulatory filing. The firm, which does not appear to have a website, is led by Andy Liu, Pingle Reddy, and Ahmad Imam and is based in Seattle, according to the filing. The minimum investment accepted is $50,000, and the filing lists no investors.