Bellevue, Wash.-based Visible Technologies, maker of social media monitoring and analytics software, has raised $4 million in funding from insiders, including Investor Growth Capital (ICF), Joe Grano, and Ignition Partners. The company, which says its sales were 71 percent higher in the first half of this year than the first half of last year, plans [...]
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Online legal services site Rocket Lawyer has wrapped up $18.5 million in financing led by August Capital. Google Ventures and Investor Growth Capital also joined in the round. Formed in 2008, Rocket Lawyer helps users create customized legal documents that can be downloaded and shared. With the site’s legal plan, users can have documents reviewed for free by local attorneys, as well as see discounted rates on legal services.
Intuity Medical Inc., a developer of glucose monitoring technologies for managing diabetes, has closed a second tranche of its Series D financing, bringing the round’s total to $76 million. Accuitive Medical Ventures joined as a new investor. The firm is also backed by Investor Growth Capital, Thomas McNerney and Partners, Venrock, Versant Ventures and U.S. Venture Partners. Intuity Medical is based in Sunnyvale, Calif.
Investor Growth Capital is backing Web security company WhiteHat Security with $8 million in fresh capital, the company announced Tuesday. The money will help WhiteHat expand its presence globally and will help with growth efforts. Founded in 2001, WhiteHat is based in Santa Clara, Calif.
Transcend Medical Inc., a Menlo Park, Calif.-based ophthalmic device company, has closed a second tranche of its Series B round, bringing the total to an eye-popping $51 million. Investors include Investor Growth Capital, Canaan Partners, Finistere Ventures, HLM Venture Partners, Kaiser Permanente Ventures, Latterell Venture Partners, Morgenthaler Ventures, Split Rock Partners and Technology Partners. The company says it will use the funds to develop additional infrastructure and resources for a U.S. study of its micro-stent technology. The company is focused on minimally invasive glaucoma therapies.
Skycross Inc., a Viera, Fla.-based manufacturer of wireless antenna solutions, has raised $11 million in Series E financing from Docomo Capital, TL Ventures, Investor Growth Capital, Gabriel Venture Partners and Intel Capital. The company plans to raise a total of $15 million in the Series E round, and aims to close its second tranche by the end of June.
Neuronetics, the Pennsylvania-based maker of non-invasive, non-systemic treatments for depression, completed a $30 million Series E financing. New investors Polaris Venture Partners and Pfizer Venture Investments led the round and were joined by previous investors Investor Growth Capital, New Leaf Venture Partners, Interwest Partners, Three Arch Partners, Quaker BioVentures, and Onset Ventures.
Visible Technologies secured $6 million in financing. The Bellevue, Wash.-based provider of social intelligence solutions plans to use the capital to enhance sales and grow its international footprint. Existing investors: Investor Growth Capital (IGC), Centurion Holdings, Ignition Partners, In-Q-Tel and WPP participation in the round. Visible Technologies has secured a total of $45 million to date.
Biotie, a Finland-based drug development company, has agreed to pay 93.6 million euros ($127 million) for Switzerland-based biotherapeutics company Synosia Therapeutics, providing an exit for a slew of venture investors. 5AM Ventures, Aravis SA, Investor Growth Capital, Novo A/S, Swiss Helvetia Fund, UCB S.A., Versant Venture Management and Abingworth Management had backed Synosia.
ClairMail Inc. secured $13.8 million in a late-stage round of funding. The San Rafael, Calif.-based mobile banking and payments solutions company said the investment was led by Investor Growth Capital (the venture capital arm of Stockholm-based Investor AB). Existing investors JAFCO Ventures, Northwest Venture Partners and Outlook Ventures participated in the financing. ClairMail plans to use the capital to grow its technology infrastructure and service capabilities.