US

HR software maker GoodTime grabs $2 mln seed: TechCrunch

GoodTime, the San Francisco producer of human-resources software, raised $2 million in seed financing. The lead investors were Big Basin Capital and Walden Venture Capital, TechCrunch reported.

Technology Impact Fund raising $400 mln for venture fund

The Technology Impact Fund is raising $400 million for venture investing, according to a filing with the SEC.

Unshacked Ventures targets $25 mln for sophomore fund

Unshacked Ventures is seeking to raise $25 million for its second fund, according to an SEC filing. The Palo Alto, California-based early-stage venture firm backs foreign-born entrepreneurs.

Commonwealth Joe inks $2.5 mln

Arlington, Virginia-based Commonwealth Joe, a coffee roasting company, has raised $2.5 million in funding. Mendacre led the round with participation from other investors that included Hammerstone Capital and Stroud Companies.

Cisco will buy VC-backed Springpath for about $320 mln

Cisco is planing on acquiring Sunnyvale, California-based Springpath, a provider of enterprise-grade storage and data management software, for about $320 million in cash. Springpath was backed by Sequoia Capital, New Enterprise Associates and Redpoint Ventures.

VC-backed Blade Therapeutics hires EVP of research

South San Francisco-based Blade Therapeutics, a biopharmaceutical company that treats fibrotic disease, has appointed Dr. Maria E. Fuentes as executive vice president of research. Previously, she was group director of fibrosis discovery biology at Bristol-Myers Squibb. Blade's backers include MPM Capital, Deerfield, Osage Partners, as well as the venture funds of Pfizer, Bristol-Myers Squibb and Novartis.

Nationwide to invest more than $100 mln of venture capital

Nationwide said it will invest more than $100 million of venture capital in startups transforming the insurance and financial services industries, and working to protect data and digital assets, according to a press release.

Calif senator to introduce legislation addressing sexual harassment from investors: report

California state Sen. Hannah-Beth Jackson is to introduce legislation aimed at strengthening legal protections for entrepreneurs facing sexual harassment from venture investors, according to a news report.

3Bar Biologics nabs $2 mln

Columbus, Ohio-based 3Bar Biologics Inc, a provider of a microbe delivery system, has secured $2 million in funding. The investors included Rev1 Ventures, Maumee Ventures, Ohio TechAngel Funds, Queen City Angels, Carmen Innovations and SVG Thrive Fund.

UangTeman pulls in $12 mln Series A

UangTeman, an Indonesian microlender, has raised $12 million in Series A funding. K2 Venture Capital Ltd, Enspire Capital and Alpha JWC Ventures led the round with participation from Draper Associates.