US

Uber investor gave Kalanick a month before suing to force him off board: Reuters

Venture capital firm Benchmark Capital said on Monday it gave Uber Technologies Inc and its ousted chief executive, Travis Kalanick, a month to review its recommendations before filing a lawsuit last week to force Kalanick off the board and rescind his ability to fill three board seats, Reuters reported.

Norwest-backed Smilo emerges from stealth

Smilo, a developer of such baby feeding and soothing products as bottles and pacifiers, announced it has come out of stealth. The company has raised $3.25 million in seed-stage funding from Norwest Venture Partners and Brand Foundry Ventures.

Second-hand online retailer Poshmark in talks to raise funding: Reuters

Poshmark, an online service that helps people buy and sell second-hand clothing, is in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million, Reuters reported.

Agilence snags $4 mln

Mount Laurel, New Jersey-based Agilence, a provider of cloud-based analytics for store operations and loss prevention, has raised $4 million in growth funding. The backer was Wellington Financial LP.

Pondera Solutions takes in Series A

Sacramento-based Pondera Solutions, a provider of security software for the government technology sector, has secured Series A funding. The investors were Impact Venture Capital and Serent Capital. No financial terms were disclosed other than it's an eight-figure sum.

Vicarius Pharma lands $21.8 mln

Switzerland-based Vicarius Pharma AG, which provides U.S.-based biopharmaceutical companies a "novel approach" to commercializing assets in European markets, has raised $21.8 million in funding. James Mullen, CEO of Patheon and former CEO of Biogen, was the lead investor.

Flint Capital leads Series A round for Flo

Flo, an AI-driven women's health platform, has raised $5 million in Series A funding. Flint Capital led the round with participation from other investors that included Natalia Vodianova, who will also join Flo's board of directors.

Quest Venture Partners targets $40 mln for third fund

Quest Venture Partners is seeking to raise $40 million for its third fund, according to an SEC filing. The Palo Alto, California-based venture firm invests between $100,000 and$1.5 million in technology and new digital media companies, with typical investments being around $500,000, according to Crunchbase.

Dragos attracts $10 mln Series A

Hanover, Maryland-based Dragos Inc, an industrial control system cybersecurity company, has secured $10 million in Series A funding. Energy Impact Partners and Allegis Capital led the round with participation from DataTribe.

VC-backed MPOWER Financing targets $100 mln for debt fundraising

Washington, D.C.-based MPOWER Financing, a student loan provider to promising international students, is seeking to raise $100 million in debt funding. Also, Mike Davis, the company's co-founder, has become chief investment officer, replacing Alonso Garza. MPOWER's backers include Zephyr, Village Capital, GS2, VARIV Capital, Fresco Capital, 1776, University Ventures, Dreamit, Chilango Ventures, Panther Angels and Baltimore Angels.