Amazon.com’s Jeff Bezos and Venrock back Juno Therapeutics

Juno Therapeutics, a Seattle-based biotech company focused on developing immunotherapies for cancer, has raised an additional $56 million in Series A funding, closing the round at $176 million. The investors included Bezos Expeditions, the personal investment firm of Amazon.com CEO Jeff Bezos and Venrock. Also, Juno has named Dr. Mark W. Frohlich as executive vice president of R&D and Barney Cassidy as general counsel.

Aviary Raises $6M From Spark, Bezos, Others

Aviary said it closed a $6 million round of funding from Spark Capital, Bezos Expeditions, and unidentified strategic investors. The New York company, which is developing a photo editing platform, said the platform is used by 8 million people, who have edited 100 million photos in the past 30 days. PRESS RELEASE Aviary’s usage skyrockets, […]

Menlo Ventures Leads Uber Series B–CORRECTED

An earlier version of this statement contained inaccurate information that was provided to peHUB. According to the VC’s site, “Menlo Ventures leads a $32m Series B investment in Uber, an on-demand car services company that is revolutionizing personal transportation.” An earlier version of this story mis-stated the round and value of the investment.

Workday Closes $85M Round

Workday Inc., a maker of software-as-a-service products for enterprise human resources, payroll and financial management, has raised $85 million in Series F financing. T. Rowe Price, Morgan Stanley Investment Management, Janus Capital Group Inc. and Bezos Expeditions contributed to the round. Workday was formed in 2005, and focuses on a cloud-based alternative for HR software. Allen & Co. acted as financial adviser to Workday for the financing.

Groupon Buys Pelago

Daily deals site Groupon has acquired Pelago, the venture-backed creator of the location-based application Whrrl, the companies announced on their respective blogs. Financial terms of the deal were not released. Pelago’s Whrrl service will be retired at the end of April, the companies said. Pelago was reportedly backed by more than $20 million from Kleiner Perkins Caufield & Byers, T-Venture, Trilogy Equity Partners, Bezos Expeditions, DAG, and Reliance Technology Ventures.

Doxo Calls Up $10M Series B

Seattle-based Doxo, which develops secure “digital file cabinet” technology for receiving and organizing bills and other important documents, has closed a $10 million Series B round. Sigma Partners led the round, which included participation from Series A investors Mohr Davidow Ventures and Bezos Expeditions.

Checking In With Whrrl Mastermind Jeff Holden

Pelago has the distinction of being the first company to raise money in 2008 from the iFund, the Kleiner Perkins fund that backs products that run on the iPhone, iTouch and iPad. What’s remarkable about that is that the Seattle-based company was initially seeded by individual investors in 2006, a year before Apple’s iPhone was […]

Bezos Investment Puts Qliance in the Spotlight

In the late ‘90s, when national healthcare reform was still but a glint in the eye of Illinois state legislator Barack Obama, primary care physician Garrison Bliss was experimenting with his own brand of healthcare reform in Seattle.

Earlier in his career, Bliss had co-founded a practice that had sold to an HMO, which expected its doctors to see so many patients that neither Bliss nor his partners were spending enough time with the individuals they treated, or enjoying their work. Two of those partners left the practice to form MD2, a “concierge” medical practice that eschews health insurance and instead treats wealthy individuals who pay roughly $1,200 per month to receive personalized medical attention at their homes and offices (and private jets).

Bliss didn’t believe in medicine for the rich versus everyone else, but he recognized the general idea’s merit. When the HMO contract expired in 1997, Bliss converted the partners’ old firm, Seattle Medical Associates, into a primary care practice whose patients paid it $65 a month for checkups, vaccinations, as well as care for chronic illnesses and minor fractures and cuts.

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget