Personal Capital said it raised $25 million of Series C financing in a deal led by Crosslink Capital and joined by new investor BlackRock and existing investors Institutional Venture Partners and Venrock. Crosslink’s Jim Feuille has joined the board.
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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.
Transonic Combustion, a company focused on developing a high efficiency fuel injection system for internal combustion engines, has closed a $32 million Series D Round of funding. Founded in 2006, the company is backed by Venrock, Khosla Ventures, Rustic Canyon and Saints Capital. Transonic Combustion is headquartered in Camarillo, California.
AppNexus has appointed two new board members Brian McAndrews, former CEO of aQuantive and Edwin J. Gillis, former executive advisor to Skype. McAndrews is a venture partner with the Madrona Venture Group and is also on the boards of portfolio company AdReady, The New York Times Company, Clearwire Corporation, Fisher Communications and Seamless.
Digital media and content platform Martini Media has appointed Gagan Saksena as chief technology officer. Additionally, the company has hired Scott Graham as VP of Eastern sales. Headquartered in San Francisco, Martini Media is backed by Venrock, Reed Elsevier Ventures, Silicon Valley Bank and Granite Ventures.
Not surprisingly, Stanford University alumni are the most likely to attract venture funding for their startups. But Harvard University and New York University are seeing fast growth in deal making.
Biotechnology company Fate Therapeutics has appointed Christian Weyer as president and chief executive officer and also elected to the company’s board of directors, effective immediately. William H. Rastetter, a partner at Venrock who has served as Fate’s interim CEO since November 2011, will remain chairman of Fate’s board of directors.
Dynamic Signal has raised $13.3 million in Series B financing led by Venrock. Time Warner Investments, a new investor, joined the round along with existing investors Trinity Ventures and Cox Enterprises. Dynamic Signal is a social CRM provider. PRESS RELEASE Dynamic Signal, a leading provider of social CRM, content marketing and consumer engagement solutions, announced [...]