JMI Equity exits automotiveMastermind

By Iris Dorbian — 7 mins ago

JMI Equity has sold New York City and San Francisco-based automotiveMastermind Inc, a provider of predictive analytics and marketing automation technology for the automotive industry, to IHS Markit. The purchase price was about $392 million. Jefferies LLC served as financial adviser to automotiveMastermind on the deal.

Continue

Nanoport fetches $7 mln

By Iris Dorbian — 12 mins ago

Silicon Valley-based Nanoport Technology, an R&D lab for mobile technologies, has secured $7 million in funding. Horizons Ventures led the round with participation from BrightSpark Ventures, Kensington Capital Partners and Nano Magnetics. 

Continue

White Oak backs Hopebridge

By Iris Dorbian — 18 mins ago

White Oak Healthcare Finance has provided funding to Indianapolis-based Hopebridge LLC, a provider of pediatric, clinic-based, outpatient therapy services to children and adolescents with developmental and behavioral challenges. No financial terms were disclosed.

Continue

Fairphone pulls in about $7.7 mln

By Iris Dorbian — 24 mins ago

Fairphone, a Dutch maker of modular smartphones, has raised 6.5 million euros (approximately $7.7 million) in funding. The investors included Pymwymic Impact Investing Cooperative and DOEN Participaties.

Continue

HSA account platform Lively snags $4.2 mln

By Iris Dorbian — 30 mins ago

San Francisco-based Lively Inc, a modern health savings account platform for employers and individuals, has secured $4.2 million in funding. The investors included Transmedia Capital, Streamlined Ventures, Y Combinator, SV Angel, Liquid 2 Ventures and Haystack Partners.

Continue

VC-backed Aetion hires Magill as CEO

By Iris Dorbian — 37 mins ago

New York City-based Aetion, a healthcare tech company, has named Carolyn Magill as CEO. She’s the former CEO of Remedy Partners. Aetion’s backers include Flare Capital Partners, Lakestar and Oxeon Ventures.

Continue

Eligo Bioscience reels in $20 mln Series A

By Iris Dorbian — 47 mins ago

Paris-based Eligo Bioscience, a microbiome company developing drugs to prevent and treat bacteria-associated diseases, has secured $20 million in Series A financing. The investors included Khosla Ventures and Seventure Partners.

Continue

VC-backed Eloxx Pharmaceuticals names CFO

By Iris Dorbian — 51 mins ago

Israel and Waltham, Massachusetts-based Eloxx Pharmaceuticals Ltd, a developer of treatments that focus on genetic diseases caused by nonsense mutations, has appointed Gregory Weaver as chief financial officer. He is the former CFO at Prometic Life Sciences. The investors included Korea Investment Partners, DSC Investments, Pontifax Venture Capital and Quark Venture.

Continue

VC-backed Teckro taps Poff as COO

By Iris Dorbian — 58 mins ago

Ireland and New York City-based Teckro, a life sciences tech company, has hired Dana Poff as chief operating officer. Previously, she worked at ICON where she held senior roles in clinical operations, project management and alliance management. Teckro’s backers include Sands Capital Ventures, Section 32 and Founders Fund.

Continue

Boost Insurance lands $3 mln

By Iris Dorbian — 1 hour ago

New York City-based Boost Insurance, an insurance platform, has raised $3 million in funding. Norwest Venture Partners led the round with participation from IA Capital Group, Greycroft Partners, State National Companies and Nephila.

Continue

ProsperWorks nabs $53 mln Series C

By Iris Dorbian — 1 hour ago

San Francisco-based ProsperWorks, a provider of CRM solutions for G Suite, has secured $53 million in Series C funding. Promod Haque at Norwest Venture Partners led the round with participation from GV, Industry Ventures, Next World Capital, Storm Ventures and True Ventures.

Continue