VMTurbo said it raised Series C funding in a deal led by Globespan Capital. VMTurbo’s funding now totals $25 million. The company had raised a $10 million of Series B in 2011 and at that point had $17.5 million in total funding, according to news reports at the time. This suggests the current round is $7.5 million. VMTurbo didn’t provide details. Existing investors include Bain Capital Ventures and Highland Capital Partners.
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trong>BAROnova has closed its Series C financing of $27.3 million, led by investments from Sante Ventures and Boston Scientific Corporation, an innovator of medical devices and technologies. Investors included Series B investors ONSET Ventures, Highland Capital Partners and Arboretum Ventures, along with new investor Lumira Capital. Financial terms were not disclosed.
Infinio (formerly known as SilverLining Systems) has closed a $10 million Series A investment from Highland Capital Partners and Bessemer Venture Partners, bringing total funding to date to $12 million. The firms join earlier investors Lightspeed Venture Partners, Cambridge’s Founder Collective, the NYC Seed Fund, and a group of angel investors. As part of the financing, Highland’s Sean Dalton and Bessemer’s Felda Hardymon have joined the company’s board of directors.
Boston-based healthcare tech company Kyruus has a new board member: Ed Park, the COO of Athenahealth. Park was an early investor in Kyrruus, which has raised roughly $20 million from investors including Highland Capital Partners and Venrock since 2011.
Aereo has closed on a $38 million Series B round of financing, led by existing investors IAC and Highland Capital Partners. Previous investors from Aereo’s Series A funding round, including FirstMark Capital, First Round Capital, High Line Venture Partners, and select individuals, also participated.
Prescription Eyewear, parent company of myOptique.com, SunglassesShop.com and GlassesDirect.com, has added LensOn, a Nordic online contact lens seller, to its portfolio. The acquisition was financed by Prescription Eyewear’s existing venture capital investors Acton Capital Partners, Highland Capital Partners and Index Ventures. Additional funding was received from GP BullHound Sidecar, Silicon Valley Bank and Kreos Capital.
Qumulo, an enterprise data storage company, has raised $24.5 million in a Series A round of financing led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners. The business was founded in March 2012 with seed funding from Valhalla Partners. As part of the investment, Peter Bell, general partner at Highland Capital Partners, joins the board of directors.
The Boston-based venture firm Highland Capital Partners has promoted Manish Patel to partner at its Menlo Park office. Patel joined Highland as a principal in 2010 after logging seven year at Google where he worked in product management.
thredUP.com, an online children’s clothing platform, has secured a $14.5 million Series C financing led by Highland Capital Partners. Existing investors Trinity Ventures and Redpoint Ventures also participated.
Singapore Telecommunications (SingTel) is acquiring the smartphon app Pixable for $26.5 million. The three-year-old, New York-based company, whose technology allows users to share and prioritize photos that have been published to social networks, had raised $6.1 million from Highland Capital Partners and Menlo Ventures. PRESS RELEASE: Singapore Telecommunications Limited (SingTel) today announced that it has [...]