Currency Cloud snaps up $18 mln Series C

Payments platform Currency Cloud has secured $18 million in Series C funding. Sapphire Ventures led the round with participation from Rakuten, Anthemis, Atlas Ventures, Notion Capital and XAnge Private Equity. In addition to the funding, Andreas Weiskam of Sapphire Ventures has been added to Currency Cloud’s board of directors.


Flare Capital unveils $200 mln fund, also appoints CFO

Flare Capital Partners has raised $200 million for its first healthcare tech-focused fund. The fund has already made investments in such companies as Iora Health, Predilytics and Valence Health. It also has invested in Rock Health‘s most recent seed fund. In addition to the fund, the firm has named Kristen Laguerre as partner and chief financial officer. Previously, Laguerre was a partner and CFO at Atlas Venture and vice president of finance at SoftBank Capital. Also, Flare has appointed Dr. Dan Gebremedhin as a senior associate.

Padlock Therapeutics ropes in $23 mln Series A

Padlock Therapeutics has received $23 million in Series A funding. Atlas Venture led the round. Based in Cambridge, Mass., Padlock is a biotech firm focused on developing medicines to treat autoimmune diseases.


InsightSquared picks up $13.5 mln Series C

Cambridge, Mass.-based InsightSquared, a provider of analytics solutions for small and midsize businesses, has received $13.5 million in Series C funding. The investors were Atlas Ventures, Draper Fisher Jurvetson, NextView Ventures and Two Sigma Ventures.

Raze Therapeutics attracts $24 mln Series A

Raze Therapeutics has raised $24 million in Series A financing. The investors include Atlas Venture, MPM Capital Management, MS Ventures, Partners Innovation Fund, Astellas Venture Management and Novartis. In addition to the funding, Jason Rhodes, an Atlas partner, has joined the board and is serving as acting CEO. Based in Cambridge, Mass., Raze Therapeutics is a biotech firm focused on developing new cancer drugs.


Atlas Ventures, KEC Ventures lead $3 mln funding in Wedding Spot

Atlas Ventures and KEC Ventures have led a $3 million funding round in Wedding Spot, an online marketplace for future brides and grooms to search, price and book wedding venues. Other participants in the funding included Great Oaks Venture Capital, Maiden Lane, Canyon Creek Capital, former chief executive officer of Expedia Erik Blachford, Eric Liaw […]


Fancred fetches $3 mln

Sports fan app Fancred said Thursday that it has secured $3 million in funding. The investors were Atlas Ventures, Militello Capital and Breakaway Innovation Group.


OYO Sports raises $3 mln in seed funding

OYO Sports, a fan engagement company, has raised $3 million in seed funding from several angel investors along with seed investors Boston Seed Capital and Atlas Ventures. OYO Sports has raised $4.6 million in total seed funding.

Spindle Labs Inks $2.3M

Spindle Labs Inc., a developer of search technology, has raised $2.3 million in venture funding, and recently released the company’s app in iTunes. The company is backed by Polaris Ventures, Greylock Partners, Lerer Ventures, SV Angel, Atlas Ventures, Broad Beach Ventures, Project 11, Ray Ozzie and Raman Narayanan. Spindle Labs is based in Boston.

Lilliputian Raises $40M From Rusnano, Intel, KP, Others

Lilliputian Systems, Inc. said it closed on $40 million of a planned $60 million equity round that was led by RUSNANO and joined by existing investors Intel Corporation, Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas Venture, and Fairhaven Capital. The company makes portable fuel cell re-charger for consumer electronics.

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On-Q-ity Inks $5M

Mohr Davidow Ventures, Atlas Ventures and Physic Ventures have backed Waltham, Mass.-based On-Q-ity with $5 million in fresh capital. On-Q-ity is a life science company focused on circulating tumor cell capture and characterization for clinical researchers and physicians. They company’s technology is designed to enhance decision-making across multiple cancer types, it says. -cn PRESS RELEASE […]

Abine Appoints VPs

Abine, a provider of online privacy solutions for consumers looking to regain control over their personal information, has appointed Kristina Kennedy as vice president of marketing and Brian Michon as vice president of engineering. Abine is backed by Atlas Ventures and General Catalyst Partners. Earlier last year, it closed a series A round, raising $5.2 […]

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