AIH picks up $8.5 mln from Penta Mezzanine Fund

Los Angeles-based healthcare services company Access Integrated Healthcare has raised $8.5 million in funding. The investor was Penta Mezzanine Fund. According to AIH, the capital infusion will be used for expansion.

Adam Street Partners leads $38 mln round for Smule

Musical performance social network Smule has secured $38 million in funding. Adam Street Partners led the round with participation from other investors that included Bessemer Ventures and Shasta Ventures. City National provided the debt financing for the transaction. In conjunction with the funding, Adams Street’s Dave Welsh has been appointed to Smule’s board.

CareCloud grabs $15 mln

Miami-based CareCloud, a provider of practice management, electronic health record and medical billing solutions, has secured $15 million in funding. The investors were not named. Also, the company has named Ken Comée as CEO. Comée is replacing Albert Santalo who will continue at CareCloud as chairman and chief strategy officer.

Vendep Startup Fund backs Sumoware

Sumoware, a Finnish software company that develops cloud-based apps, has secured an undisclosed investment from Vendep Startup Fund. According to the company, the capital will be used for international growth and personnel hiring.

Upfront Ventures leads $2 mln seed funding in Ferris

Upfront Ventures has led a $2 million seed funding round in Ferris, a mobile video company. Allen DeBevoise, founder of Machinima, also participated in the round. Mark Suster, managing partner of Upfront Ventures, joined the board of directors.

Investec Bank leads $84 mln funding in Jimubox

Investec Bank has led an $84 million Series C funding in Jimubox, a Chinese peer-to-peer lending platform based in Beijing. Haitong Kaiyuan Investment Co co-invested alongside Investec. Other participants in the funding include new investors Mandra Capital and Zhong Capital Fund. Existing investors Matrix China Partners, Xiaomi, Shunwei Capital Internet Fund, Ventech China and Magic Stone Alternative also participated in the funding round.

WestSummit Capital leads funding round for 3DR

Berkeley, California-based 3DR, a maker of consumer drones, has received an additional $14 million in funding, raising the company’s Series C round to $64 million. WestSummit Capital led the round with participation from other investors that included SanDisk Ventures and Atlantic Bridge Ventures.

117 Views

ResiModel reaches $3.5 mln

New York City-based ResiModel, a platform for aggregating and analyzing financial data for multifamily transactions, has raised about $900,000 in its latest funding round, bringing the total tally to $3.5 million. The investors included Osage Venture Partners, Leading Edge Ventures, Kevin Quinn, former global co-head of technology investment banking at Goldman Sachs, Kurt Roeloffs, former chief investment officer at Deutsche Bank Real Estate and Bob White, founder and president of Real Capital Analytics.

Jounce Therapeutics picks up $56 mln Series B

Cambridge, Massachusetts-based Jounce Therapeutics, which is focused on discovering and developing cancer immunotherapies, has closed $56 million in Series B funding. The investors included Wellington Management Company, Redmile Group, Nextech Invest, Pharmstandard International, S.A., Cormorant Asset Management, Omega Funds, Casdin Capital and Foresite Capital Management.

Southeast Asia internet TV service iflix snags $30 mln

Southeast Asia internet TV service iflix has closed $30 million in funding, the company announced today. Catcha Group and Philippine Long Distance Telephone Company led the round. According to iflix, the capital infusion will be used to roll out the company’s service across Southeast Asia, acquire rights to new content, produce original programming and for marketing. To read the announcement, visit here.

GE Ventures and Frost Data Capital back PingThings

San Juan Capistrano, California-based PingThings, a provider of predictive intelligence solutions for the electric utility sector, has secured an undisclosed amount of funding. The investors were GE Ventures and Frost Data Capital.

101 Views

SimplyInsured nets $1.75 mln seed

Small business health insurance startup SimplyInsured has secured $1.75 million in seed funding. The investors were Starling Capital, Altair.vc and Y Combinator.

Simplilearn raises $15 mln

Simplilearn said Thursday it raised $15 million in Series C funding led by Mayfair. Existing investors Kalaari Capital and Helion Venture Partners also participated. San Francisco-based Simplilearn, a provider of certification courses to professionals, said it has raised $27 million in total capital.

187 Views

Swirl Networks raises $18 mln

Swirl Networks said Thursday it raised $18 million in equity financing from Hearst Ventures, SoftBank Capital, Twitter Ventures and other strategic investors. Longworth Venture Partners also participated in the round. Boston-based Swirl is a provider of a proximity-based indoor mobile marketing platform. Swirl said it has raised $32 million in total funding to date.

SciFluor Life Sciences garners $30 mln

Cambridge, Massachusetts-based drug discovery company SciFluor Life Sciences, a subsidiary of Allied Minds, has secured $30 million in funding. The investors included Invesco Asset Management, Woodford Investment Management and parent company Allied Minds. Also, the company has appointed Dr. William Koster as chairman of the board.

PE HUB Community

Join the 12515 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget