InterWest Partners leads funding round for AdsNative

AdsNative has received funding in a round led by InterWest Partners. No financial terms were disclosed, although other outlets report the sum to be $2 million. Other investors that participated in the round were ONSET Ventures, Foundry Group Angel and KBS+ Ventures. Based in San Francisco, AdsNative is a native ads platform that helps publishers monetize their sites.

Gridstore closes $11 million Series B

Gridstore has closed its Series B funding round. The company raised $11 million in an oversubscribed round led by new investor, Acero Capital, and included participation from all of its current investors GGV Capital, Investec Ventures Ireland Limited, ONSET Ventures and some of the original angel investors.

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.

Security Startup Nok Nok Labs Already Knocked on VCs’ Doors

Nok Nok Labs, which develops authentication technology for the cloud, came out of stealth today and launched its product and services. The venture-backed company was founded by CEO Phillip Dunkelberger, who previously launched encryption company PGP Corp. He founded Nok Nok in 2011 and raised a $15 million Series A round that same year from ONSET Ventures and DCM.

Gridstore Raises $12.5M From GGV, ONSET, Others

Gridstore said it raised $12.5 million in a Series A financing led by GGV Capital and ONSET Ventures. The financing was joined by all existing investors and brings the company’s total venture funding to $15 million. Gridstore will expand its sales efforts and accelerate product delivery.

Teleflex Acquires Hotspur Technologies

Teleflex, a provider of medical devices for critical care and surgery, has acquired Hotspur Technologies. Hotspur Technologies, based in Mountain View, CA, is a developer of innovative, catheter-based technologies aimed at restoring blood flow for patients with obstructed vessels. Prior to the acquisition by Teleflex, Hotspur was privately held. Investors included ONSET Ventures, Finistere Ventures, […]

Adara Media Raises $12.4M From August, Onset, Morgenthaler, Baseline

Adara Media Inc. said it raised $12.4 million in funding led by August Capital and joined by existing investors ONSET Ventures, Morgenthaler Ventures and Baseline Ventures. Adara Media said the money will help it improve its online marketing software and expand it into new verticals while investing in sales, marketing and operational resources. PRESS RELEASE […]

Uptake Medical Secures Funding

Uptake Medical has closed a Series C funding round. The round was led by Singapore-based Crescent Point Group, with existing investors, Maverick Capital, ONSET Ventures, GBS Venture Partners, WRF Capital, Arboretum Ventures and Affinity Capital, making additional investments. Uptake Medical is focused on the development and commercialization of innovative, non-surgical treatments for lung diseases. PRESS […]

CytoPherx Seals $34M

CytoPherx Inc., a developer of anti-inflammatory therapy for acute kidney injury, has raised $34 million in funding from Early Stage Partners, ONSET Ventures and Capital Midwest Fund. The money will be used to complete clinical trials and commercialize its therapy product. CytoPherx was founded in July 2007 and is based in Ann Arbor, Michigan.

Adaptive Planning Adds John Herr as C.E.O.

Mountain View, Calif.-based Adaptive Planning has named John Herr as its new chief executive. The company, which provides on-demand corporate performance management software, is backed by venture firms ONSET Ventures, Monitor Ventures, Cardinal Venture Capital and Clairmont Capital. Herr was most recently an executive-in-residence at Norwest Venture Partners. Earlier, he was president and CEO at EZ Shield, a technology-enabled services company. He has also worked as vice president and general manager at eBay and PayPal.

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