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VC-backed 2U rolls out IPO

2U has launched its IPO of 9.175 million shares after pricing it at $13 per share. The stock began trading Friday on the NASDAQ under the ticker symbol “TWOU.” Goldman Sachs and Credit Suisse Securities are the lead underwriters. 2U builds online learning platforms. Its backers include Highland Capital Partners, Redpoint Ventures, Bessemer Venture Partners, CIty Light Capital and Novak Biddle Venture Partners.

VC-backed Nebula hires SVP of engineering

Nebula has hired Herb Schneider as senior vice president of engineering. Schneider was the co-founder of GridIron and Extreme Networks. Based in Mountain View, Calif., Nebula is a private cloud company. Its backers include Kleiner Perkins Caufield & Byers, Comcast Ventures and Highland Capital Partners.

Violin Memory names Kevin DeNuccio CEO

Violin Memory‘s board of directors has appointed Kevin A. DeNuccio as president and chief executive officer, effective immediately. He has also been elected to the Violin Memory board of directors. DeNuccio, 54, succeeds Howard A. Bain III, who was serving as interim CEO. Bain will remain chairman of the Violin Memory board of directors.

BlueTarp Closes $15m Funding Round

BlueTarp Financial, a credit provider for the building supply industry, has closed a $15 million equity round led by new investor Long Ridge Equity Partners. BlueTarp’s existing investor group, including Highland Capital Partners, Flybridge Capital Partners, Village Ventures and Trinity Ventures also participated in the round.

Reuters – Gigamon Shares Soar in Debut

Shares of Gigamon Inc, a maker of data traffic management software, jumped as much as 37 percent in their market debut, underscoring investor confidence in enterprise software start-ups, writes Reuters. The company, valued at about $680 million at the opening price, is backed by Highland Capital Partners.

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VMTurbo Raises Series C In Deal Led By Globespan

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.

Rent the Runway Fashions a Series C Round Add On

Rent the Runway, which rents designer clothes, shoes and accessories to users, has raised $4.4 million in additional Series C funding from American Express and Novel TMT Ventures. The company previously raised $20 million in Series C funding from Advance Publications, parent company of Condé Nast, Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield & Byers.

BAROnova Closes Series C

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 Inks $10m from Highland Capital and Bessemer Venture Partners

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.

Ed Park Joins Board of Healthcare Tech Company Kyruus

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.

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