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Travel startup GoEuro raises $27 mln

New Enterprise Associates has led a $27 million Series A funding round in Berlin-based travel planning startup GoEuro. Existing backers Battery Ventures, Hasso Plattner Ventures and Lakestar also participated in the round. The company, which allows travelers to schedule trips on planes, trains and buses, had previously raised a $4 million seed-stage round from Battery and Hasso Plattner. As part of the Series A funding, NEA General Partner Forest Baskett has joined the board.

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Growth equity an eclectic mix at Hawaii ERS: VCJ

The growth equity portfolio at the Hawaii Employees’ Retirement System is an eclectic mix of small-scale later stage funds and massive multi-billion capital pools with a broad, balanced approach. Results are reasonably good.

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Bubble-year funds struggle to get ahead: VCJ

Many bubble-year funds still struggle to turn the corner. This is the case at the Employees’ Retirement System of the State of Hawaii, where mixed results describe a portfolio of 23 funds with vintages of 1998, 1999 and 2000.

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D2L racks up $85 mln Series B

D2L, a Canadian educational tech company, has raised $85 million in Series B funding. The investors included Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital, New Enterprise Associates, OMERS Ventures and Silicon Valley Bank.

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D2L raises $85 mln in Series B funding from VC group

Educational technology company D2L Inc. has closed an $85 million Series B funding round led by a large institutional investor. Other investors participating in the funding round include Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital and existing investors New Enterprise Associates and OMERS Ventures. Silicon Valley Bank provided debt financing. D2L has raised a total of $165 million.

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NEA leads $10 mln Series B funding round in Luminal

New Enterprise Associates has led a $10 million Series B funding round in software startup Luminal, which develops products for operation and maintenance of cloud-based systems. Previous investors participating in the funding round include Core Capital and the Maryland Venture Fund. Luminal has raised a total of $13.8 million to date.

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Casper snags $13.1 mln Series A

New York City-based mattress maker Casper has secured $13.1 million in Series A funding. New Enterprise Associates led the round with participation from other investors that included SV Angel, A-Grade Investments, Slow Ventures, Consigliere Brand Capital, Silas Capital, Cendana Capital, Lerer Hippeau Ventures, Norwest Venture Partners and Crosslink Capital. In addition to the funding, Tony Florence of NEA and Ben Lerer of Lerer Hippeau Ventures have been added to the firm’s board of directors.

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Bitglass raises $25 mln in Series B funding

Data protection business Bitglass has raised $25 million in Series B funding. New investors include a large global bank and SingTel Innov8, the venture arm of SingTel Group. Existing investors New Enterprise Associates and Norwest participated in the funding round. Scott Sandell, GP and head of NEA’s technology investing practice, will join Bitglass’ board. Bitglass has raised a total of $35 million to date.

Merz completes VC-backed Ulthera acquisition

Merz has completed its acquisition of Ulthera, a Mesa, Arizona-based provider of non-surgical lifting and tightening treatments. The value of the transaction is up to $600 million. Ulthera was backed by New Enterprise Associates and Apposite Capital.

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Movius grabs $13 mln in round led by PointGuard Ventures

Movius Interactive Corp. has received $13 million in funding. PointGuard Ventures led the round with participation from New Enterprise Associates and Anschultz Investments. Movius provides messaging and call completion solutions for the telecom sector.

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NextNav snags $70 mln Series D

NextNav has secured $70 million in Series D financing. New Enterprise Associates and Oak Investment Partners led the round with participation from Columbia Capital, Telcom Ventures and Goldman Sachs Investment Partners. In conjunction with the funding, Peter Barris, managing general partner at NEA, and Bandel Carano, managing partner at Oak, have been named to NextNav’s board of directors. Based in Sunnyvale, Calif. and McLean, VA, NextNav is a provider of location solutions for indoor and urban environments.

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Beanstalk nets $2 mln seed

Beanstalk said Wednesday that it has closed $2 million in seed funding. New Enterprise Associates led the round with participation from EPIC Ventures, Deep Fork Capital and former Wall Street executive and investor Jim Engebretsen. Headquartered in Salt Lake City, Beanstalk is an SaaS-based tax platform for small-to-medium-sized businesses and their advisors.

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Nevada PERS bets more on venture: VCJ

The Public Employees’ Retirement System of Nevada has stepped up its venture capital investing over the past couple of years with commitments to Battery Ventures, Canaan Partners and Technology Crossover Ventures.

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Atlas Ventures and NEA back Synlogic

Synlogic said Tuesday that it has received $29.4 million in Series A funding. Atlas Venture and New Enterprise Associates led the round. In conjunction with the funding, Dr. Peter Barrett and Dr. Ankit Mahadevia of Atlas Venture and Ed Mathers of NEA have been appointed to Synlogic’s board of directors. Based in Cambridge, Mass., Synlogic is a biotech firm focused on developing therapeutic microbes.

Cerecor closes first tranche of $32 mln Series B

Cerecor has closed on the initial tranche of a $32 million Series B funding. New Enterprise Associates, Apple Tree Partners and MPM Capital led the round. Based in Baltimore, Cerecor is a biopharmaceutical firm focused on developing treatments for patients suffering from nervous system disorders.

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Ad tech startup Tell Apart buys VC-backed Freshplum

Ad tech firm Tell Apart has acquired Freshplum, the former confirmed in a blog post on its site. No financial terms were disclosed. Based in San Francisco, Freshplum lets ecommerce sites offer personalized discounts. Its backers included New Enterprise Associates, Greylock Partners, Google Ventures and Charles River Ventures. To read more details about the acquisition, visit here.

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